Problem-based Learning in Managerial Economics with an Integrated Case Study

Engaging students in managerial economics courses at the upper undergraduate and M.B.A. levels is challenging as these courses are often a theoretical standout compared with more applied business disciplines. This study describes the efforts to increase student learning with an interactive case integrated into a managerial economics course at multiple points over the semester. The underlying pedagogy utilizes principles of problem-based learning, a student-centered approach that structures learning around team-based problem solving. An analysis of assessment results suggests a positive and significant impact on student learning.