Comparing Student Achievement Across Experimental and Lecture-Oriented Sections of a Principles of Microeconomics Course (Targeting Teaching‪)‬

1. Introduction The 2002 Nobel Memorial Prize in Economic Sciences was awarded to Vernon Smith "for having established laboratory experiments as a tool in empirical economic analysis." (1) Professor Smith's contributions have had profound effects far beyond the theoretical and empirical advances of experimental economics for which he was honored. The use of experiments as pedagogical tools is also rapidly increasing. As evidence, the first principles of microeconomics textbook exclusively devoted to the use of experiments (Bergstrom and Miller 2000) is currently in its second edition and gaining wider acceptance. (2)