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Showing 1 to 15 of 148 results Save | Export
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Palm-Forster, Leah H.; Duke, Joshua M. – Journal of Economic Education, 2019
Traffic congestion and road tolls are familiar economic concepts for most undergraduates; however, students often have difficulty explaining exactly how theoretical principles like externalities and social welfare are related to their real-world experiences, such as driving. The authors present a classroom exercise to demonstrate how congestion…
Descriptors: Economics Education, Class Activities, Microeconomics, Transportation
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Asarta, Carlos J.; Mixon, Franklin G.; Upadhyaya, Kamal P. – Journal of Economic Education, 2018
In this pedagogical contribution the authors extend the traditional three-class tariff employed in the French passenger railway system with the more resonant story of the service quality variations associated with the three passenger classes of the ill-fated RMS "Titanic." In doing so, they provide economics instructors with an…
Descriptors: Economics Education, Microeconomics, Transportation, Films
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Gourley, Patrick – Journal of Economic Education, 2018
The Coase Theorem is a fundamental tenet of environmental economics and is taught to thousands of principles of microeconomics students each year. Its counterintuitive conclusion, that a Pareto optimal solution can result between private parties regardless of the initial allocation of property rights over a scarce resource, is difficult for…
Descriptors: Economics Education, Microeconomics, Theories, Environmental Education
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Bhattacharya, Arghya; Jackson, Paul; Jenkins, Brian C. – Journal of Economic Education, 2018
The authors present a version of the Diamond-Mortensen-Pissarides model of unemployment that is accessible to undergraduates and preserve the dynamic structure of the original model. The model is solvable in closed form using basic algebra and admits a graphical representation useful for illustrating a variety of comparative statics. They show how…
Descriptors: Undergraduate Students, Economics Education, Unemployment, Models
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Reese, William A., Jr.; Robins, Russell P. – Journal of Economic Education, 2017
This exercise helps instructors teach students how to perform a simple event study. The study tests to see if stocks earn abnormal returns when added to the S&P 500. Students select a random sample of stocks that were added to the index between January 2000 and July 2015. The accompanying spreadsheet calculates cumulative abnormal returns and…
Descriptors: Finance Occupations, Business Administration Education, Learning Activities, Money Management
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Cutler, David M. – Journal of Economic Education, 2017
Health care is one of the economy's biggest industries, so it is natural that the health care industry should play some role in the teaching of introductory economics. There are many ways that health care can appear in such a context: in the teaching of microeconomics, as a macroeconomic issue, to learn about social welfare, and even to learn how…
Descriptors: Health Care Costs, Health Services, Economics Education, Microeconomics
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Jensen, Sherry – Journal of Economic Education, 2016
In this article, the author describes a classroom activity for use in introductory economics courses to motivate the study of international trade. The learning activity highlights the importance of international trade in students' everyday lives by having students inventory their on-hand belongings and identify where the items were manufactured.…
Descriptors: Class Activities, International Trade, Introductory Courses, Economics Education
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Morrison, William G. – Journal of Economic Education, 2016
In this article, the author describes an exercise in which two pricing problems (product bundling and the sharing of digital information goods) can be understood using the same analytical approach. The exercise allows students to calculate the correct numerical answers with relative ease, while the teaching plan demonstrates the importance of the…
Descriptors: Economics Education, Microeconomics, Learning Activities, College Instruction
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Dissanayake, Sahan T. M.; Jacobson, Sarah A. – Journal of Economic Education, 2016
Some policies try to maximize net benefits by targeting different individuals to participate. This is difficult when costs and benefits of participation vary independently, such as in land conservation. The authors share a classroom game that explores cases in which minimizing costs may not maximize benefits and vice versa. The game is a…
Descriptors: Economics Education, Cost Effectiveness, Public Policy, Educational Games
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Singh, Prakarsh; Guo, Hongye; Morales, Alvaro – Journal of Economic Education, 2015
The authors present details of a research-based course in development economics taught at a private liberal arts college. There were three key elements in this class: teaching of applied econometrics, group presentations reviewing published and working papers in development economics, and using concepts taught in class to write an original…
Descriptors: Economics Education, Undergraduate Students, Private Colleges, Student Research
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Van Horn, Robert; Van Horn, Monica – Journal of Economic Education, 2013
In this article, the authors examine two ways that they use music (i.e., popular song lyrics) as an active learning technique in an undergraduate history of economic thought course. First, they use music to help students grasp the ideas of the great thinkers in economics and see their relevance today. Second, because they require students to read…
Descriptors: Economics Education, History Instruction, Music, College Instruction
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Norman, Stephen; Schlaudraff, Jonathan; White, Karianne; Wills, Douglas – Journal of Economic Education, 2013
In this article, the authors show that the dividend discount model can be derived using the basic intertemporal consumption model that is introduced in a typical intermediate microeconomics course. This result will be of use to instructors who teach microeconomics to finance students in that it demonstrates the value of utility maximization in…
Descriptors: Microeconomics, Economics Education, College Instruction, Models
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Dalton, Peggy – Journal of Economic Education, 2010
The author describes the design and implementation of one experiential learning assignment used in a principles of macroeconomics course. The learning exercise provides an active role for students and results in a relational experience that provides traditional undergraduate students with a frame of reference with which to interpret the impact of…
Descriptors: Introductory Courses, Macroeconomics, Experiential Learning, Learning Activities
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Bernard, John C.; Yiannaka, Amalia – Journal of Economic Education, 2010
Although many students have some knowledge of patents, it can be difficult for them to understand the components of an innovator's decision-making process. Key issues, such as whether to patent or to use trade secrecy, how broad a scope to claim, and what to do in the event of patent infringement, can be difficult to grasp from a standard lecture.…
Descriptors: Intellectual Property, Decision Making, Class Activities, Economics Education
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Luccasen, R. Andrew; Thomas, M. Kathleen – Journal of Economic Education, 2010
Undergraduate students are often interested in applications of economic principles. Although popular television shows and movies are not real-world examples, drawing from these sources can motivate disinterested students and provide a pedagogical tool that enhances instruction. In this article, the authors discuss several basic introductory…
Descriptors: Economics, Theory Practice Relationship, Undergraduate Students, Television
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