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Fall 2012
ISSN 0890-913X
Volume 28, Number 1

Pedagogical Synergies Between Austrian Economics and the Case Method

Anthony J. Evans, ESCP Europe Business School
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TheJournalofPrivateEnterprise28(1),2012,91103PedagogicalSynergiesBetweenAustrianEconomicsandtheCaseMethodAnthonyJ.EvansESCPEuropeBusinessSchoolAbstractThereisatendencyforacademicstofocustoomuchoninstructor-centeredlearningandnotenoughonparticipant-centeredlearning.ThispaperarguesthatthecasemethodisapedagogicalmethodthatshouldbeofinteresttoAustrianschooleconomists.Notonlycanitprovidestudentswitharicherlearningexperience,butthereareimportantmethodologicalpointsoftangency.IalsoprovideexamplesofcasesthatcanbeusedtoteachAustriantheoryandprovidehonestreflectionsonmyowneffortstoimplementthecasemethodinmyteaching.JELCodes:A23,B53,M21Keywords:Casemethod;Pedagogy;AustrianeconomicsI.IntroductionItiswidelyacknowledgedthattheuniversitysystemincentivizesdepartmentsandfacultytowardresearchatthecostofteachingquality.Inadditiontothis,studentsexpectationsareincreasing,andthedesireforrelevantandpracticalclassesishigh.Especiallywithregardtobusinesseducation,juniorfacultymembersareoftentornbetweentheinstitutionalpressuretofocusonpublishingacademicarticlesandbothalackoftraining(andexperience)inpedagogicaltechniquesandalackofunderstandingofthepracticalrelevanceoftheirmaterial.1Inshort,therearebothdemand-sideandsupply-sideforcesthatsuggestthereisroomforimprovement.Thispaperdiscussesoneparticularformofparticipant-centeredlearning,thecasemethod,”andrecountstheauthorsownattemptstointroduceitintotheclassroom.Inaddition,alinkismadebetweenthe1InthisarticleIamfocusingmostlyonteachinggeneralmanagementdegrees(suchasanMBAprogram).Ibelievethatthisarticlewillstillbeofusetoinstructorsthatteacheconomicsmajors,butmoreattentionshouldbegiventocasesthatteaseouteconomictheoryratherthantryingtodevelopmanagementskills.91
GLIFOS-digital_archive
612
792
1
0
/index.php?action=ajax&rs=GDMgetPage&rsargs[]=Fall2012_6.pdf&rsargs[]=0
TheJournalofPrivateEnterprise28(1),2012,91103PedagogicalSynergiesBetweenAustrianEconomicsandtheCaseMethodAnthonyJ.EvansESCPEuropeBusinessSchoolAbstractThereisatendencyforacademicstofocustoomuchoninstructor-centeredlearningandnotenoughonparticipant-centeredlearning.ThispaperarguesthatthecasemethodisapedagogicalmethodthatshouldbeofinteresttoAustrianschooleconomists.Notonlycanitprovidestudentswitharicherlearningexperience,butthereareimportantmethodologicalpointsoftangency.IalsoprovideexamplesofcasesthatcanbeusedtoteachAustriantheoryandprovidehonestreflectionsonmyowneffortstoimplementthecasemethodinmyteaching.JELCodes:A23,B53,M21Keywords:Casemethod;Pedagogy;AustrianeconomicsI.IntroductionItiswidelyacknowledgedthattheuniversitysystemincentivizesdepartmentsandfacultytowardresearchatthecostofteachingquality.Inadditiontothis,studentsexpectationsareincreasing,andthedesireforrelevantandpracticalclassesishigh.Especiallywithregardtobusinesseducation,juniorfacultymembersareoftentornbetweentheinstitutionalpressuretofocusonpublishingacademicarticlesandbothalackoftraining(andexperience)inpedagogicaltechniquesandalackofunderstandingofthepracticalrelevanceoftheirmaterial.1Inshort,therearebothdemand-sideandsupply-sideforcesthatsuggestthereisroomforimprovement.Thispaperdiscussesoneparticularformofparticipant-centeredlearning,thecasemethod,”andrecountstheauthorsownattemptstointroduceitintotheclassroom.Inaddition,alinkismadebetweenthe1InthisarticleIamfocusingmostlyonteachinggeneralmanagementdegrees(suchasanMBAprogram).Ibelievethatthisarticlewillstillbeofusetoinstructorsthatteacheconomicsmajors,butmoreattentionshouldbegiventocasesthatteaseouteconomictheoryratherthantryingtodevelopmanagementskills.91
GLIFOS-digital_archive