Alternative formats in teaching the analytics of quality-differentiated demand
Charles F. Adams
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Charles F. Adams: N/A
Advances in Economics Education, 2025, vol. 4, issue 1, 4-18
Abstract:
This paper examines three alternative formats in the analytics of teaching quality-differentiated demand in intermediate microeconomics: graphic, algebraic, and spreadsheet. It presents an extended application of algebra as the most succinct and dexterous format once the analytics move from a static quality-differentiated demand and cost structure to ones involving shifts and movements across structures. Algebraic applications of quality-differentiated demand to the analytics of monopoly costs, regulation, peak-load pricing, and third-degree price discrimination are presented as enhancements to both the scope and pedagogy of conventional treatments of these topics in undergraduate microeconomics.
Keywords: Intermediate microeconomics; Consumer demand; Quality differences (search for similar items in EconPapers)
JEL-codes: A22 D11 D21 D42 (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:elg:aeejrn:v:4:y:2025:i:1:p4-18
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