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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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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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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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Sawler, James – Journal of Economic Education, 2007
The introduction of the concept of network effects is useful at the principles level to facilitate discussions of the determinants of monopoly, the need for standards in high-tech industries, and the general complexity of real-world competition. The author describes a demonstration and an extension that help students understand how consumers make…
Descriptors: Demonstrations (Educational), Economics Education, Consumer Economics, Undergraduate Study
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Fels, Rendigs – Journal of Economic Education, 1984
A project for a seminar course in macroeconomic policy which involved students in writing, presenting, and discussing a position paper on a specific policy issue is described. Students rated the exercise very highly. (RM)
Descriptors: Course Descriptions, Economics, Economics Education, Higher Education
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Gaske, Dan – Journal of Economic Education, 1992
Provides a graphical framework for presenting interactions among current account flows, capital account flows, and exchange rates. Suggests that the two type of flows must be considered separately in discussions of foreign exchange equilibrium and balance of payments flows. Supplies sample graphs and instructions for applying the framework to real…
Descriptors: Banking, Capital, Economics, Economics Education
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Karpoff, Jonathan M. – Journal of Economic Education, 1984
A barter trading game in which college students exchanged real goods over a period of seven weeks with different market constraints imposed each week is described. Student comments about the exercise were favorable. (Author/RM)
Descriptors: Economics Education, Educational Games, Higher Education, Learning Activities
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Hansen, W. Lee – Journal of Economic Education, 1984
In this college level economics exercise, students at the University of Wisconsin (Madison) learned about the concepts of demand and price setting through a real world experience. They studied and analyzed a service provided by the Wisconsin Student Association which sells students subscriptions to lecture notes for large lecture courses. (RM)
Descriptors: Concept Teaching, Economics Education, Educational Innovation, Higher Education
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Cohen, Avi J.; Spencer, John – Journal of Economic Education, 1993
Reports on a collaboration between an economist and a writing instructor in using a writing-to-learn approach in a higher education history of economic thought course. Describes the course content, provides examples of writing assignments, and student evaluation sheets. (CFR)
Descriptors: Content Area Writing, Cooperation, Course Descriptions, Economics Education
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Abdalla, Adil E. A. – Journal of Economic Education, 1993
Asserts that international economics textbooks pay too little attention to the complexity of issues and problems facing individual nations. Describes a country report project included as part of a college-level international or development economics course. Provides two student instruction sheets and a sample country report. (CFR)
Descriptors: Course Descriptions, Curriculum Development, Economic Development, Economics
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Davidson, Lawrence S.; Gumnior, Elisabeth C. – Journal of Economic Education, 1993
Describes an intensive writing approach in a college macroeconomics course. Reports that students were asked learn to think as business professionals and to produce better written products. Concludes that, students were able to produce more sophisticated and well-reasoned answers on essay examination questions. (CFR)
Descriptors: Business Education, Content Area Writing, Course Descriptions, Economic Change
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Eisner, Robert – Journal of Economic Education, 1993
Asserts that many macroeconomics textbooks include arguments about national fiscal policy that may not be relevant nor accurate. Concludes that counter cyclical fiscal policy restricted to changes in income taxes and transfer payments are weak tools in efforts to pull a nation out of recession. (CFR)
Descriptors: Business Cycles, Economic Factors, Economics, Financial Policy
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Coffin, Donald A. – Journal of Economic Education, 1993
Describes the use of a computer simulation, "The Competitive Edge," in a college-level course in labor relations. Describes the content, implementation procedures, and assessment design of the simulation. Concludes that, although some improvements could be made, the program is a valuable and useful simulation of labor market decision…
Descriptors: Computer Assisted Instruction, Course Content, Curriculum Design, Decision Making Skills
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McClure, James E.; Van Cott, T. Norman – Journal of Economic Education, 1994
Maintains that George A. Custer's "Last Stand" can be used in teaching economics classes. Explains how economic incentives and the self-interest of those involved fit within the public choice analysis model. (CFR)
Descriptors: American Indian History, American Indians, Class Activities, Classroom Techniques
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