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McCloskey, Deirdre Nansen – Journal of Economic Education, 2022
In Rortyan fashion, John and David (Siegfried and Colander 2022, 71-84) declare that the critical thinker will "try to learn from others rather than argue with others in order to dominate them." It amounts to saying that critical thinking is more a matter of character than of method, more a matter of ethics than of technique. John and…
Descriptors: Critical Thinking, Economics Education
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Kearney, Melissa S. – Journal of Economic Education, 2022
In this symposium, the author comments on an article written about critical thinking in economics. The author leans toward the view that undergraduate economics should continue to be focused around core tenets and basic models--what the article refers to as little-think critical thinking--while, at the same time, students should be given clear…
Descriptors: Critical Thinking, Economics Education, Models, Thinking Skills
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Meilich, Ofer – Journal of Education for Business, 2022
Vertical integration and more generally, corporate-level strategy, are rather difficult for students to grasp, being such abstract concepts. This exercise provides a way for participants to experience issues leading to market failure (and vertical integration) by engaging them as buyers and sellers of a component for very unique car--a limousine…
Descriptors: Learning Activities, Business Administration Education, Economics Education, Failure
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Holder, Kim; Niederjohn, Scott – Social Education, 2021
This article focuses on the major national economic indicators and how they changed over the course of the COVID-19 pandemic. The indicators that are discussed include Gross Domestic Product (GDP), the unemployment rate, interest rates, inflation, and other variations of these measures. The authors also present data that sheds light on the…
Descriptors: COVID-19, Pandemics, Economic Impact, Economics Education
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Mankiw, N. Gregory – Journal of Economic Education, 2022
The author has long thought that the role of instructors in the introductory economics classroom is to serve as ambassadors for the economic profession. They are there not to present their own views of economics. They should, instead, transcend their idiosyncrasies and represent the broad consensus of professional economists. The job of the…
Descriptors: Teacher Role, College Faculty, Economics Education, Introductory Courses
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Cook, Nathaniel P. S.; Pantuosco, Angie – Journal of Economic Education, 2022
In this article, the authors describe an interactive classroom simulation that helps students learn some of the most important ideas from models of international trade with heterogeneous firms. Students make entry/exit decisions for individual firms with different marginal costs of production. The simulation consists of five rounds, beginning with…
Descriptors: Economics Education, International Trade, Simulation, Class Activities
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Jones, Adam; Schuhmann, Peter; Soques, Daniel; Witman, Allison – Journal of Economic Education, 2020
The authors survey admissions coordinators about the importance of application components in admissions decisions for economics PhD programs. The survey explores the importance of difficult-to-quantify aspects such as a targeted personal statement, strength of letters of recommendation, extracurricular activities, and related work experience. The…
Descriptors: Economics Education, Doctoral Programs, College Admission, Admission Criteria
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Fernandez, Jose M.; Yetter, Erin A.; Holder, Kim – Journal of Economic Education, 2021
The authors of this article use text mining techniques to uncover hidden or latent topics in economic education. The common use of JEL codes only identifies the academic setting for each paper but does not identify the underlying economic concept the paper addresses. An unsupervised machine learning algorithm called Latent Dirichlet Allocation is…
Descriptors: Economics Education, Educational Research, Artificial Intelligence, Scholarship
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Mahoney, Melissa H.; Mathews, Leah G.; Thomas, Audrey E. – Journal of Economic Education, 2022
The authors of this article describe a unique approach to economics education in which contemplative deep listening practices were applied to Bruce Springsteen's music in order to introduce basic economic concepts to incoming university students. The course "Springsteen-omics: Economics through the Songs of Bruce Springsteen" shifted the…
Descriptors: Teaching Methods, Economics Education, Singing, Introductory Courses
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Clark, Michael J. – Journal of Economic Education, 2020
The Alchian Maze uses active learning for teaching important economic concepts like spontaneous order and the power of profit and loss. While the game is an effective teaching tool, it is also cheap, low tech, and requires little advance preparation. The author of this article provides an overview on how to create and run an Alchian Maze. A number…
Descriptors: Economics Education, Active Learning, Microeconomics, Educational Games
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Modig, Niclas – Studies in Higher Education, 2021
Based on Young's notion of powerful knowledge, acquiring disciplinary knowledge emerging from an economic epistemic community is expected to make an important difference for people when dealing with economic issues in their daily lives. In this regard, this article's author asked Swedish scholars of economics at higher education institutions what…
Descriptors: Economics Education, Social Studies, Fundamental Concepts, Foreign Countries
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Humer, Stefan; Schnetzer, Matthias – Journal of Economic Education, 2022
Wikipedia is not only a source of knowledge and a medium for communicating research but also opens new avenues for teaching in academia. In this article, the authors provide theoretical considerations and practical guidance for setting up a postgraduate economics course where students disseminate research on income inequality in Europe to a…
Descriptors: Economics Education, Encyclopedias, Student Motivation, Cooperative Learning
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Malakar, Christine Lucy; Peyton, James – New Directions for Community Colleges, 2021
This chapter explores the relationship between the American Economic Association and community college economics faculty, as well as the Federal Reserve System's education outreach efforts to the community college sector.
Descriptors: Community Colleges, College Faculty, Economics Education, Partnerships in Education
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Clerici-Arias, Marcelo – Journal of Economic Education, 2021
Team-based learning is a powerful collaborative learning technique that can be used effectively in a principles of economics course, although its implementation can be costly for instructors and students alike. The author suggests a series of strategies that can result in a much smoother transition to a fully collaborative classroom. The author…
Descriptors: Economics Education, Cooperative Learning, Introductory Courses, College Instruction
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Bennato, Anna Rita; Gourlay, Adrian; Wilson, Chris M. – Journal of Economic Education, 2020
Bounded rationality is a key concept with implications across all areas of economics. To help students better understand the nature, causes and forms of bounded rationality in individual choice, the authors present a flexible classroom experiment. Beyond providing students with some first-hand evidence of bounded rationality, the experiment shows…
Descriptors: Economics Education, Microeconomics, Educational Experiments, Class Activities
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