Let $\mathcal{L} := \{0, 1, +, -, \cdot, \leq \}$ be a language, where $0, 1$ are constants and $+, -, \cdot$ are binary functions and $\leq$ is a binary relation.
We consider the ordered fields in this language. An element $\varepsilon$ is said to be infinitesimal if $0 < \varepsilon < \frac{1}{n}$ for all integers $n \geq 1$.
The exercise is now the following: Show the existence of an ordered field $K$ such that $K$ admits an infinitesimal element and is elementarily equivalent to $\mathbf{R}$.
First I thought it might be good to mimic the construction of the hyperreals, but I do not know whether they are elementarily equivalent to $\mathbf{R}$ and the construction looks quite lengthy.
Can anyone give me a hint on how to start the proof?
Thanks!
After the very helpful discussion in the comments, I will try and put a whole answer here (if any of the commenters want to post an answer, please do so and I'll accept it):
Let $\mathcal{L}' := \mathcal{L} \cup \{ \varepsilon \}$ with $\varepsilon$ a constant. Let $T' := Th(\mathbf{R}) \cup \{ 0 < \varepsilon < \frac{1}{n} \}$.
We use the compactness theorem: A theory $T$ is consistent if and only if every finite subset of $T$ is consistent.
Let $T_0$ be a finite subset of $T'$. There is a $N \geq 1$ such that for any axiom $0 < \varepsilon < \frac{1}{n} \in T_0$ we must have $n \leq N$. The reals form a model of $T_0$ (they clearly satisfy the axioms of $T$ and for $\varepsilon$ take $\frac{1}{N +1}$).
By the compactness theorem $T'$ is consistent. Thus there exists a model $K$ for $T'$.
A fortiori $K \models T$ for $K$ viewed as an $\mathcal{L}$-structure and $Th(\mathbf{R}) \subset Th(K)$. Let $F \in Th(K)$. We have $\mathbf{R} \models F$ or $\mathbf{R} \models \neg F$. But if $\mathbf{R} \models \neg F$, then $\neg F \in Th(K)$. This is of course a contradiction, hence $Th(\mathbf{R}) = Th(K)$.
Added: I found this math overflow link: https://mathoverflow.net/questions/39504/what-are-examples-of-ordered-fields-that-do-not-have-the-archimedean-property, which gives the explicit example $\mathbf{R}(X)$ for an ordered field with infinitesimal element $\frac{1}{X}$.