Title: Econ FilmMaking: an experiential, problem-based, multimedia project for microeconomics
Authors: Thomas P. Andrews
Addresses: Department of Economics and Finance, West Chester University of Pennsylvania, Rm 485 BMPC, West Chester, PA 19383, USA
Abstract: Econ FilmMaking projects are short, entertaining videos created by students to illustrate an economic concept. While the projects can be on any topic, this article focuses on an assignment that requires students to explain a firm's average cost of production. In this assignment, students gather background information on a firm's production process, build a spreadsheet cost model, and then work in teams to create a brief, educational and entertaining video summarising their results. The project is problem-based, experiential, and fun. The project is suitable for upper-level economics classes, and the resulting videos are useful in teaching cost theory to principles students.
Keywords: experiential learning; problem-based learning; multimedia; video; economic education; economic videos; spreadsheets; critical thinking; microeconomics; cost theory.
DOI: 10.1504/IJPEE.2019.104897
International Journal of Pluralism and Economics Education, 2019 Vol.10 No.3, pp.288 - 302
Received: 28 Feb 2019
Accepted: 12 Oct 2019
Published online: 05 Feb 2020 *