Before 1980, strong demand existed in Australia for the economics degree. Since then, competition from programs in business and management has increased. Student preferences have shifted from university and secondary economics. Economics enrollments have declined in both sectors. The authors analyze these trends and assess economic education…

The Monty Hall three-door, "Let's Make a Deal" game, named after the 1970s television show, is used widely in economics, econometrics, statistics, and game-theory-based teaching, as well as in many other disciplines. Its solutions and underlying assumptions arouse great passion and argument, in both the academic and popular press. Most economists…

Third-degree price discrimination is taught in almost every intermediate microeconomics class. The theory, geometry, and the algebra behind the concept are simple, and the phenomenon is commonly associated with the sale of many of the goods and services used frequently by students. Classroom discussion is usually vibrant as students can relate…

From July 13 to 16, 2004, colleagues from around the world gathered at the University of South Australia to present and discuss their research on economic education. The conference, entitled "What We Teach and How We Teach It: Perspectives on Economics from around the Globe," was presented by The Centre for Regulation and Market Analysis and…

Presents evidence of a substantial decline in undergraduate degrees in economics from 1992 through 1996 in Australia, Canada, Germany, and the United States. Finds no correlation between decline and degree cost, tightened grading standards, or degree requirements. Finds increased interest in business education to be the predominant cause. (RLH)