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Barreto, Humberto – Journal of Economic Education, 2018
The economics curriculum today does not emphasize the study of population. This needs to change immediately because we are in the midst of another demographic sea change, slamming on the brakes right after a rapid acceleration during the last half of the twentieth century. Instead of glibly tossing a dependency ratio onto a slide, this article…
Descriptors: Economics Education, Demography, Spreadsheets, Population Distribution
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Smith, Ben O.; White, Dustin R.; Kuzyk, Patricia C.; Tierney, James E. – Journal of Economic Education, 2018
Information provided at the moment a person makes a decision can influence behavior in predictable ways. The United Kingdom's Behavioural Insights Team have used this idea to help improve the insulation of lofts, collect taxes, and even reduce litter. The authors of this article developed software that appends a personalized message to each…
Descriptors: Grades (Scholastic), Electronic Mail, Educational Technology, Technology Uses in Education
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Burdina, Mariya; Sasser, Sue Lynn – Journal of Economic Education, 2018
In this article, the authors propose to enhance the syllabus for economic courses with economic explanations. They argue that providing economic rationale for course policies can increase student interest in the course and at the same time positively affect student attitude toward course policies. The authors describe practical strategies for…
Descriptors: Course Descriptions, Economics Education, Student Attitudes, Policy
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Henderson, Amy – Journal of Economic Education, 2018
Although experiential learning approaches, such as service-learning, have been shown to increase student motivation and academic achievement, faculty concerns about the costs of developing and implementing such courses have limited their adoption within economics. One cost that can be eliminated is the opportunity cost typically associated with…
Descriptors: Experiential Learning, Economics Education, Reflection, Service Learning
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Espey, Molly – Journal of Economic Education, 2018
Student and team performance in 17 sections of an introductory microeconomic theory course taught using team-based learning are analyzed to determine what measurable characteristics of teams influence team and individual outcomes. Results suggest that team performance is positively influenced by the grade point average of the top individual on the…
Descriptors: Cooperative Learning, Teamwork, Introductory Courses, Microeconomics
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Monaco, Andrew J. – Journal of Economic Education, 2018
The author discusses the development of a unique course, The Economics of Online Dating. The course is an upper-level undergraduate course that combines intensive discussion, peer review, and economic theory to teach modeling skills to undergraduates. The course uses the framework of "online dating," interpreted broadly, as a point of…
Descriptors: Dating (Social), Economics, Undergraduate Study, Economics Education
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Staveley-O'Carroll, James – Journal of Economic Education, 2018
Over the course of one semester, six empirical assignments that utilize FRED are used to introduce students of money and banking courses to the economic analysis required for the conduct of monetary policy. The first five assignments cover the following topics: inflation, bonds and stocks, monetary aggregates, the Taylor rule, and employment.…
Descriptors: Economics Education, Graphs, Assignments, Macroeconomics
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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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Wassell, Charles S., Jr. – Journal of Economic Education, 2018
In 1974, and then again in 1996, Martin Feldstein published studies of the impact of the Social Security system on private saving in the U.S. economy. He found that Social Security depressed personal saving by a substantial amount--up to 50 percent. The author uses the Feldstein data and empirical models in this article to illustrate the steps in…
Descriptors: Federal Programs, Public Policy, Financial Policy, Money Management
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Al-Bahrani, Abdullah; Patel, Darshak; Sheridan, Brandon J. – Journal of Economic Education, 2017
In this article, the authors discuss the results of a study of the perceptions of a national sample of economics faculty members from various institutions regarding the use of social media as a teaching tool in and out of the economics classroom. In the past few years, social media has become globally popular, and its use is ubiquitous among…
Descriptors: Economics Education, Social Media, College Faculty, Teacher Attitudes
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Chamlee-Wright, Emily; Hall, Joshua C.; Grube, Laura E. – Journal of Economic Education, 2017
In this article, the authors describe the Miller Upton Programs launched by the Beloit College Department of Economics in 2008. The programs aim to advance student understanding of the nature and causes of wealth and well-being. After describing the programs' core elements, the authors discuss ways in which they leverage economic discourse as a…
Descriptors: Teaching Methods, College Students, Economics Education, Program Descriptions
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Schmidt, Stephen – Journal of Economic Education, 2017
Introductory textbooks teach a simple normative story about the importance of maximizing economic surplus that supports common policy claims. There is little defense of the claim that maximizing surplus is normatively important, which is not obvious to non-economists. Difficulties with the claim that society should maximize surplus are generally…
Descriptors: Introductory Courses, Moral Values, Economics Education, Educational Policy
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Wight, Jonathan B. – Journal of Economic Education, 2017
The normative elements underlying efficiency are more complex than generally portrayed and rely upon ethical frameworks that are generally absent from classroom discussions. Most textbooks, for example, ignore the ethical differences between Pareto efficiency (based on voluntary win-win outcomes) and the modern Kaldor-Hicks efficiency used in…
Descriptors: Critical Thinking, Accountability, Efficiency, Economics Education
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Bosshardt, William; Walstad, William B. – Journal of Economic Education, 2017
The Baccalaureate and Beyond study from the National Center for Education Statistics at the U.S. Department of Education contains a nationally representative set of transcript data from colleges and university graduates in the 2007-2008 academic year, the latest year for which such data are available. The authors use the transcript data to analyze…
Descriptors: Economics Education, Business Administration Education, College Graduates, Longitudinal Studies
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Maier, Mark; Miller, John A. – Journal of Economic Education, 2017
Although the Index of Economic Freedom appears in many economic textbooks, their coverage of the index misses opportunities to teach statistical and policy-related concepts important for the principles course. The standard textbook presentation passes up an opportunity to examine the statistical issues of weighting in composite index numbers and…
Descriptors: Economics Education, Freedom, Indexes, Statistics
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