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Direct linkPalm-Forster, Leah H.; Duke, Joshua M. – Journal of Economic Education, 2019
Traffic congestion and road tolls are familiar economic concepts for most undergraduates; however, students often have difficulty explaining exactly how theoretical principles like externalities and social welfare are related to their real-world experiences, such as driving. The authors present a classroom exercise to demonstrate how congestion…
Descriptors: Economics Education, Class Activities, Microeconomics, Transportation
