Interactive Visualizations in Intermediate Microeconomics

Anastasia Papadopoulou

About the course:

• Compulsory, split over two terms
• Large cohorts (around 350 students)
• It uses algebra and multivariable calculus
• Content: game theory, with applications on information economics, incomplete contracts, credit & labour markets
• Structure: lectures, exercise lectures, seminars

How they are used:

• Primarily during exercise lectures:
  • students use them in classroom to answer scaffolded exercises
  • access to the exercises to practice outside the classroom
• Signposted in seminars
• Available in the electronic version of the textbook: "Microeconomics - Competition, Conflict, and Coordination", S. Bowles and S. D. Halliday
• Not used in summative assessments

Example: principal-agent model (labour market)

"The labour market example was really helpful - there were a number of factors which all affected the model in different ways and so it was good to visualise how each variable affects the curves/outcomes."