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Minsky, Hyman P. – Journal of Economic Education, 1985
The contribution of John Maynard Keynes (1883-1946) to current economic thought is reviewed. Keynes' analysis is contrasted with more orthodox theory in terms of allocation efficiency and stabilization efficiency. (Author/RM)
Descriptors: Economics, Economics Education, Higher Education, Resource Materials
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O'Donnell, Margaret G. – Journal of Economic Education, 1983
Discussed are the work and the teaching methods of Martineau, one of the most widely read economic educators of the nineteenth century. She wrote 25 tales--"Illustrations of Political Economy"--each illustrating a different economic concept. One of these tales, "Demerara," is examined. (Author/RM)
Descriptors: Biographies, Economics Education, Educational History, Higher Education
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Sullivan, Edward J.; Weithers, Timothy M. – Journal of Economic Education, 1991
Observes that, before 1973, determining a valuation formula for option prices was an elusive goal of financial economics. Discusses Louis Bachelier's early twentieth-century work on the problem. Notes that Bachelier derived a normal distribution for stock price movements by modeling price changes in specific way. Reviews Bachelier's option pricing…
Descriptors: Cost Indexes, Economic Research, Economics Education, Educational History
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Hinshaw, C. Elton; Siegfried, John J. – Journal of Economic Education, 1991
Describes the aim of the American Economic Association (AEA) to educate the public about economic questions and economic literature. Discusses conferences, publications, and the work of the AEA in developing economics, statistics, and reasoning as important parts of a general curriculum. Includes information on teacher training programs, advanced…
Descriptors: Curriculum Development, Economics, Economics Education, Educational History