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Benefits: EconX supplements and complements a traditional economics course with minimal effort required on the part of the instructor. Designed to actively engage students in learning key economic concepts, the online experiments and workbooks can be done outside of class. The course management features ease the teaching task. The instructor sets up the due dates for the experiments and workbooks and EconX automatically presents the material to students, supports students in learning the concepts, tracks student progress, and grades the results.
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In each experiment students make deals online with other traders and attempt to earn as much profit as possible. After each experiment, economics is really put to the test -- can economic theory predict and explain the complex interactions of the participants in the experiment? Online workbooks seamlessly incorporate the data from the
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experiment and guide students through the analysis and economic theory needed to understand the experiment. Experiments cover most of the key topics in microeconomics:
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