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Course Content | 2 |
Economics Education | 2 |
Educational Experiments | 2 |
Educational Strategies | 2 |
Higher Education | 2 |
Class Activities | 1 |
Developing Nations | 1 |
Discussion (Teaching… | 1 |
Economic Factors | 1 |
Economics | 1 |
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Journal of Economic Education | 2 |
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Hazlett, Denise | 2 |
Ganje, Jeela | 1 |
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Journal Articles | 2 |
Reports - Descriptive | 2 |
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Peer reviewed
Hazlett, Denise; Ganje, Jeela – Journal of Economic Education, 1999
Describes a classroom experiment that demonstrates under what conditions the parallel market rate approximates the free-market value of the domestic currency. Students act as foreign exchange traders in a developing country. Provides results of the experiment and discussion questions. (CMK)
Descriptors: Course Content, Developing Nations, Discussion (Teaching Technique), Economic Factors
Peer reviewed
Hazlett, Denise – Journal of Economic Education, 2000
Describes a classroom experiment in which students see how competitive markets underproduce in the presence of a positive externality. States that this experiment is used in a principles of economics course to introduce the idea of market failure. Explains that participants take the role of buyers of education, sellers of education, or interested…
Descriptors: Class Activities, Course Content, Economics Education, Education