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Showing 1 to 15 of 1,437 results Save | Export
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Craft, Erik; Linask, Maia – Journal of Economic Education, 2020
The authors of this article estimate the learning effects of the flipped classroom format using data from 16 sections of principles of microeconomics over a 4-year period. The experimental design is unique in that two treatment and two control sections were taught during the fall semester in four consecutive years. Further, the instructor switched…
Descriptors: Blended Learning, Microeconomics, Economics Education, Introductory Courses
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Hill, Andrew T.; Wolla, Scott – Journal of Economic Education, 2020
The authors survey the economic education programs and resources produced and supported by the Federal Reserve System: from K-16 professional development opportunities for teachers and professors, to free lesson plans, videos, online learning modules, and readings ready for the classroom. They provide the history, goals, context, and reach of the…
Descriptors: Economics Education, Public Agencies, Federal Programs, Nonschool Educational Programs
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Johnson, Paul; Staveley-O'Carroll, James – Journal of Economic Education, 2020
In this article, the authors describe a classroom experiment on exchange rates appropriate for undergraduate courses in macroeconomics, international economics, and money and banking. Student teams compete by managing virtual portfolios of six foreign currencies over a period of several weeks. Trading requires a few minutes in class. Students gain…
Descriptors: Economics Education, Undergraduate Students, Class Activities, Educational Experiments
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Hong, Bei – Journal of Economic Education, 2020
In this article, the author describes a classroom experiment in which participants make decisions to achieve the lowest-cost production. Student volunteers acting as smartphone companies are provided with confidential information representing their own cost of production and are asked to make trade decisions to form a supply chain at the lowest…
Descriptors: Supply and Demand, Educational Games, Educational Experiments, Class Activities
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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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Mendez-Carbajo, Diego – Journal of Economic Education, 2020
In this article, the author describes the practice of active learning with Federal Reserve Economic Data (FRED). First, he outlines the broad intellectual context of learning with and about economic data, summarizing the recent scholarly contributions made to the topic. Next, the author presents several strategies for teaching with FRED in the…
Descriptors: Active Learning, Economics Education, Data Use, Economics
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Clayton, Stephen; Nuckols, Daniel – Journal of Economic Education, 2020
Whether pursuing immediate professional careers or preparing for graduate research, for many students the opportunities to conduct original research as undergraduates can be formative, creating a valuable differentiating factor on their resumes. The Economics Scholars Program builds an environment where undergraduate students can conduct economic…
Descriptors: Economic Research, Undergraduate Students, Conferences (Gatherings), Student Research
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Carattini, Stefano; Fenichel, Eli P.; Gordan, Alexander; Gourley, Patrick – Journal of Economic Education, 2020
"Cap and trade" is one of the most innovative policy options developed by environmental economists. By placing a cap on a social bad and allowing firms to buy and sell the right to generate it, policymakers combine government intervention with market-based incentives to improve welfare and internalize the externality. Such programs…
Descriptors: Economics Education, Conservation (Environment), Class Activities, Educational Games
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Mendez-Carbajo, Diego; Malakar, Lucy C. – Journal of Economic Education, 2020
In this article, the authors describe two independent efforts at "flipping" introductory economics courses employing econlowodown.org resources from the Federal Reserve Bank of St. Louis. From an instructor's perspective, it is relatively simple to locate the high-quality free resources available online and assign them to students. Their…
Descriptors: Economics Education, Introductory Courses, Educational Resources, Public Agencies
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Duffy, John; Jenkins, Brian C. – Journal of Economic Education, 2019
The authors propose a classroom experiment implementing a simple version of a New Keynesian model suitable for courses in intermediate macroeconomics and money and banking. Students play as either the central bank or members of the private sector. The central banker sets interest rates to meet twin objectives for inflation and the output gap or to…
Descriptors: Economics Education, Experiments, Macroeconomics, Class Activities
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Barseghyan, Gayane; Grigoryan, Aram – Journal of Economic Education, 2019
The authors develop a two-stage classroom experiment to illustrate convergence to long-run equilibrium in a market where price-taking firms are capacity-constrained. Once equilibrium in the first stage is established, capacity constraints are introduced by imposing discontinuities in the fixed costs of several firms. The experiment demonstrates…
Descriptors: Economics Education, Experiments, Class Activities, Microeconomics
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Josephson, Anna; DeBoer, Larry; Nelson, Dave; Zissimopoulos, Angelika – Journal of Economic Education, 2019
Contemporary pedagogy encourages instructors to move away from memorization to teaching the ability to "do economics." In such an environment, students are taught to apply knowledge of economic measurement, the economic model, and economic policy to analyze current events and policies. In this article, the authors build on existing…
Descriptors: Economics Education, Introductory Courses, Macroeconomics, Class Activities
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Croushore, Dean; Kazemi, Hossein S. – Journal of Economic Education, 2019
In this article, the authors illustrate the use of Bloomberg for analyzing topics in macroeconomics and monetary policy in economics and finance courses. The hands-on experience that students gain from such a course has many benefits, including deeper learning and clearer understanding of data. The authors describe goals and learning objectives,…
Descriptors: Economics Education, Macroeconomics, Financial Policy, Experiential Learning
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Swann, G. M. Peter – Journal of Economic Education, 2019
Many empirical economists say that the teaching of econometrics is unbalanced, and students are not well-prepared for the serious problems they will encounter with real data. Here, the author considers the problem of noisy data, which is present in most econometric studies, but receives far too little attention. Most econometric studies are done…
Descriptors: Economics Education, Economics, Data, Problems
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Cohen, Avi J.; Williams, Andrea L. – Journal of Economic Education, 2019
Despite widely acknowledged benefits of integrating writing into economics courses, instructors' costs are often prohibitive. To reduce costs and make writing assignments more feasible, the authors describe multi-part, scaffolded writing assignments developed by an economist and a WAC (Writing Across the Curriculum) specialist, integrated into an…
Descriptors: Writing Assignments, Scaffolding (Teaching Technique), Peer Evaluation, Introductory Courses
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