On non‐verbatim learning: III. The outcome space of some basic concepts in economics

Ference Marton · Lars Owe Dahlgren

30 citations0/0 files storedScandinavian Journal of Psychology

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Decision-Making and Behavioral Economics Economic Theory and Institutions Experimental Behavioral Economics Studies

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Abstract.— The subjective meaning of some basic concepts in economics was studied in an experimental context. The set of subjective meanings or levels of outcome constitutes the outcome space of a certain concept. Consecutive levels of outcome corresponding to basic concepts of economics such as the production possibility frontier, the law of diminishing returns and the Malthus theory of population were shown to be ordered with respect to complexity (number of simultaneous dimensions of variation) involved.

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2007Threshold concepts and the integration of understanding in economics 1978Students' conceptions of subject matter: An aspect of learning and teaching in higher education

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