Strategies that foster problem-solving skills. Students identify needs, pose real or invented problems of their own, and respond to problems presented by others. The following diagrams illustrate a variety of approaches to applied problem solving that might be used in business education and economics. The first two are most appropriate when students are developing computer simulations to examine problems in economics. The third is more appropriate when students are looking at social factors, such as the impact of government on business.
Some models suggest that problem solving is a set of clearly defined and prescribed steps.
This is a simple approach to analysing problems that can serve as an introduction to a more complex model. Designing Model Designing is a problem-solving method used to develop solutions to create systems or environments. This is a method of solving problems used to appraise the social, economic, environmental, and ethical implications of a choice. Define the problem. Develop a value system through critical thinking.