Computer simulation of the Alonso household location model in the microeconomics course
Computer simulation of the Alonso household location model can enrich the intermediate microeconomics course. The model includes decisions on location, land space, and other goods and is a valuable complement to the usual textbook model of household consumption. It has three decision variables, one...
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Veröffentlicht in: | The Journal of economic education 2005, Vol.36 (1), p.59-76 |
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description | Computer simulation of the Alonso household location model can enrich the intermediate microeconomics course. The model includes decisions on location, land space, and other goods and is a valuable complement to the usual textbook model of household consumption. It has three decision variables, one of which is a "bad," and one good's price is a nonlinear function of another decision variable. These instructive complications are easily within the grasp of students. The simulation illustrates algebraic utility functions that are important in later courses. The author describes ways to simulate various versions of the model, from relatively simple to advanced, including a version that incorporates time-allocation decisions, thus giving the instructor flexibility in teaching students of varying ability. |
doi_str_mv | 10.3200/JECE.36.1.59-76 |
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The model includes decisions on location, land space, and other goods and is a valuable complement to the usual textbook model of household consumption. It has three decision variables, one of which is a "bad," and one good's price is a nonlinear function of another decision variable. These instructive complications are easily within the grasp of students. The simulation illustrates algebraic utility functions that are important in later courses. The author describes ways to simulate various versions of the model, from relatively simple to advanced, including a version that incorporates time-allocation decisions, thus giving the instructor flexibility in teaching students of varying ability.</description><subject>Alonso model</subject><subject>Basic Skills</subject><subject>Commuting</subject><subject>Computer Simulation</subject><subject>Consumer Science</subject><subject>Costs</subject><subject>Didaktik</subject><subject>Economic Instruction</subject><subject>Economic models</subject><subject>Economics Education</subject><subject>Education</subject><subject>Employment</subject><subject>Equilibrium</subject><subject>Expenditures</subject><subject>Geographic Location</subject><subject>Homework</subject><subject>Households</subject><subject>Instructional Effectiveness</subject><subject>Labor economics</subject><subject>Land Use</subject><subject>Learning</subject><subject>Marginal costs</subject><subject>Materials handling</subject><subject>Mathematical functions</subject><subject>Microeconomic modeling</subject><subject>Microeconomics</subject><subject>Modeling</subject><subject>Place of Residence</subject><subject>Prices</subject><subject>Public finance</subject><subject>Realism</subject><subject>Simulation</subject><subject>Statistical data</subject><subject>Students</subject><subject>Studies</subject><subject>Studium</subject><subject>Tax Rates</subject><subject>Teacher Effectiveness</subject><subject>Teachers</subject><subject>Teaching</subject><subject>Teaching Methods</subject><subject>teaching microeconomics</subject><subject>Theorie</subject><subject>Time on Task</subject><subject>Transportation</subject><subject>Transportation economics</subject><subject>Undergraduate Students</subject><subject>Urban economics</subject><subject>Utility functions</subject><subject>Variables</subject><subject>Wirtschaftswissenschaft</subject><subject>Wohnort</subject><subject>Wohnumgebung</subject><issn>0022-0485</issn><issn>2152-4068</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2005</creationdate><recordtype>article</recordtype><sourceid>X2L</sourceid><sourceid>8G5</sourceid><sourceid>ABUWG</sourceid><sourceid>AFKRA</sourceid><sourceid>AZQEC</sourceid><sourceid>BEC</sourceid><sourceid>BENPR</sourceid><sourceid>CCPQU</sourceid><sourceid>DWQXO</sourceid><sourceid>GNUQQ</sourceid><sourceid>GUQSH</sourceid><sourceid>M2O</sourceid><recordid>eNp1UM2L1DAUD6LguHoWRKF47-zLZ1NvyzC6LgteFI8hm6ZMhrSvJq0y_72ZqeyePPx4Cb-P90HIWwpbzgCu7_a7_ZarLd3Ktm7UM7JhVLJagNLPyQaAsRqEli_Jq5yPUP5CsA35ucNhWmafqhyGJdo54FhhX80HX91EHDNWB1yyP2DsqohuFQzY-ViF8SIbgkvoHY5YXrlyuKTsX5MXvY3Zv_lXr8iPz_vvu9v6_tuXr7ub-9pJ0HPdaK2d1Fxr6nzfNcCUp8Bkq1gnnbNCMW1BCU4leOoE54w99KxvO9pY9yD4Ffm45k4Jfy0-z-ZY-o-lpWFcMsWFVkV0vYrKoDkn35sphcGmk6Fgzscz5-MZrgw1sjXN2XG7OpKfvHuUH72_xEfz23Bb9NyeCkqCLCUU0IKp4BJjDvNQot6vUT6Fp6T9XQOt5rLQH1b6mGdMjzwHEGV6VvhPKx_GHtNg_2CKnZntKWLqkx1dyIb_f413q7kL09PSqmUCGP8L4b6pxQ</recordid><startdate>2005</startdate><enddate>2005</enddate><creator>Bolton, 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simulation of the Alonso household location model in the microeconomics course</title><author>Bolton, Roger E</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c508t-7888c583881cefd7026e1025962d5cca4628a0643150e1c43322bf2f9d17acb43</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2005</creationdate><topic>Alonso model</topic><topic>Basic Skills</topic><topic>Commuting</topic><topic>Computer Simulation</topic><topic>Consumer Science</topic><topic>Costs</topic><topic>Didaktik</topic><topic>Economic Instruction</topic><topic>Economic models</topic><topic>Economics Education</topic><topic>Education</topic><topic>Employment</topic><topic>Equilibrium</topic><topic>Expenditures</topic><topic>Geographic Location</topic><topic>Homework</topic><topic>Households</topic><topic>Instructional Effectiveness</topic><topic>Labor economics</topic><topic>Land Use</topic><topic>Learning</topic><topic>Marginal costs</topic><topic>Materials handling</topic><topic>Mathematical functions</topic><topic>Microeconomic modeling</topic><topic>Microeconomics</topic><topic>Modeling</topic><topic>Place of Residence</topic><topic>Prices</topic><topic>Public finance</topic><topic>Realism</topic><topic>Simulation</topic><topic>Statistical data</topic><topic>Students</topic><topic>Studies</topic><topic>Studium</topic><topic>Tax Rates</topic><topic>Teacher Effectiveness</topic><topic>Teachers</topic><topic>Teaching</topic><topic>Teaching Methods</topic><topic>teaching microeconomics</topic><topic>Theorie</topic><topic>Time on Task</topic><topic>Transportation</topic><topic>Transportation economics</topic><topic>Undergraduate Students</topic><topic>Urban economics</topic><topic>Utility functions</topic><topic>Variables</topic><topic>Wirtschaftswissenschaft</topic><topic>Wohnort</topic><topic>Wohnumgebung</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Bolton, 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Collection China</collection><collection>ProQuest Central Basic</collection><collection>SIRS Editorial</collection><jtitle>The Journal of economic education</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Bolton, Roger E</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><ericid>EJ709835</ericid><atitle>Computer simulation of the Alonso household location model in the microeconomics course</atitle><jtitle>The Journal of economic education</jtitle><date>2005</date><risdate>2005</risdate><volume>36</volume><issue>1</issue><spage>59</spage><epage>76</epage><pages>59-76</pages><issn>0022-0485</issn><eissn>2152-4068</eissn><coden>JEEDBN</coden><abstract>Computer simulation of the Alonso household location model can enrich the intermediate microeconomics course. The model includes decisions on location, land space, and other goods and is a valuable complement to the usual textbook model of household consumption. It has three decision variables, one of which is a "bad," and one good's price is a nonlinear function of another decision variable. These instructive complications are easily within the grasp of students. The simulation illustrates algebraic utility functions that are important in later courses. The author describes ways to simulate various versions of the model, from relatively simple to advanced, including a version that incorporates time-allocation decisions, thus giving the instructor flexibility in teaching students of varying ability.</abstract><cop>Washington</cop><pub>Heldref</pub><doi>10.3200/JECE.36.1.59-76</doi><tpages>18</tpages></addata></record> |
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subjects | Alonso model Basic Skills Commuting Computer Simulation Consumer Science Costs Didaktik Economic Instruction Economic models Economics Education Education Employment Equilibrium Expenditures Geographic Location Homework Households Instructional Effectiveness Labor economics Land Use Learning Marginal costs Materials handling Mathematical functions Microeconomic modeling Microeconomics Modeling Place of Residence Prices Public finance Realism Simulation Statistical data Students Studies Studium Tax Rates Teacher Effectiveness Teachers Teaching Teaching Methods teaching microeconomics Theorie Time on Task Transportation Transportation economics Undergraduate Students Urban economics Utility functions Variables Wirtschaftswissenschaft Wohnort Wohnumgebung |
title | Computer simulation of the Alonso household location model in the microeconomics course |
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