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Summer 2017
ISSN 0890-913X
Volume 32, Number 2

Sidewalk Economics

Sean E. Mulholland, Western Carolina University
Sherri Wall, University of Alaska Fairbanks
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/index.php?action=ajax&rs=GDMgetPage&rsargs[]=2017 Journal of Private Enterprise vol 32 no 2 Summer parte5.pdf&rsargs[]=0
SidewalkEconomicsSeanE.MulhollandWesternCarolinaUniversityTheJournalofPrivateEnterprise32(2),2017,93100SherriWallUniversityofAlaskaFairbanks______________________________________________________AbstractThispaperpresentsaninnovativegroupprojectthatusesexperientialandcollaborativelearningmethodstomovestudentsfromthelowerlevelsofBloomsrevisedcognitivetaxonomytothehigherlevelsofevaluatingandcreating.Usingchalkastheirmediumandthesidewalkastheircanvas,studentsansweraquestionorillustrateaconceptortopicoftheirinterestfrommaterialcoveredintheclass(diminishingmarginalutility,opportunitycost,demandandsupply,etc.).Wedescribethemultiplewaysthisflexibleprojectcanbeusedtoexpandcomprehensionofeconomicprinciplesinawaythatstudentsenjoyand,moreimportantly,remember.______________________________________________________JELCode:A2Keywords:sidewalk,chalk,outside,kinesthetic,experientialI.CanWeGoOutside?”Notasemestergoesbywithoutatleastonestudentasking:Canwegooutsidetoday?”ThisisonereasonwhywehavedesignedaquickandeasywaytoanswerstudentsrequestswithanaffirmativeYES!Theexerciserequiresasmallamountofplanningandpreparation,butresultsinalearningexperiencethatencouragesteamworkandenhancesretention(EmersonandTaylor2004).Moreover,thisflexiblekinestheticassignmentcanbedesignedforawiderangeofstudentsandtypesoflearning.Forintroductoryclasses,wherethegoalisbasic,lesscomplexlearning,theexercisecanfocusonthefoundationallevelsofBloomsrevisedtaxonomyoflearning:remembering,understanding,andapplying(Bloom1956;Andersonetal.2000).Formoreadvancedstudents,theexercisecanbeApreviousversionofthispaperwaspresentedatthe2012AssociationofPrivateEnterpriseEducationMeetingsinLasVegas.WethankG.DirkMateer,DianaThomas,andtheanonymousrefereeforcommentsandsuggestions.Errorsordeficienciesthathavesurvivedthiscounselareoursalone.
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