Introduction Question a What is the Optimal class size? e To maximize learning without consideration of cost? o How would considering costs change our answer? o A personal tutorial course in economics might cost $20,000 .A class of 300 students might cost $100/student Chapter 1: Thinking Like an Economist Slide 4MB MC Chapter 1: Thinking Like an Economist Slide 4 Introduction ◼ Question; ◼ What is the Optimal Class Size? ⚫ To maximize learning without consideration of cost? ⚫ How would considering costs change our answer? ◆ A personal tutorial course in economics might cost $20,000 ◆ A class of 300 students might cost $100/student