A lack of consensus remains on what should form the theoretical core of the undergraduate intermediate macroeconomic course. In determining how to deal with the Keynesian/classical divide, instructors must decide whether to follow the modern approach of building macroeconomic relationships from micro foundations, or to use the traditional approach…

Discusses the role of the textbook in the principles of economics course. Recognizing that textbooks are only one source of input for students, and that they substitute for lectures to a limited extent, Boskin recommends that texts should stress the basics and serve as a reference source to support classroom instruction. (GEA)

Commenting on Boskin's article "Observations on the Use of Textbooks in the Teaching of Principles of Economics," Case discusses the debate surrounding the sequence of principles courses and the content deemed necessary for corresponding textbooks. Case agrees with Boskin that key concepts should have more emphasis and concludes that…

Advocates the supplemental use of trade books with textbooks in introductory economics courses. States that students will learn how economists approach economic issues in the real world, building upon the organized textbook presentation of material. Acknowledging that textbooks are essential to instruction, Hansen lists several appropriate works…

Discusses a strategy for teaching students about how the Social Security Trust Fund works. Explains that a flow chart is presented to the students; four terms are defined (deficit, surplus, debt, and reserve); and a new graph is prepared to show the paths of these four variables. (CMK)

Focuses on the IS-LM model providing a graphical analysis designed to clarify the confusion induced by misleading statements in several major macroeconomics textbooks concerning the connection between policy effectiveness and the slopes of the IS and LM curves. Includes references. (CMK)

Suggests ways of increasing the international focus of industrial organization courses. Discusses four areas of international topics that could be integrated into such courses. Includes imperfect markets, trade, and industrial policy; theory of the firm; exchange rates and market behavior; and issues in antitrust. Evaluates the extent and adequacy…

Discusses an electronic textbook called "Essential Principles of Economics." Explains that economic concepts are found by following links from the table of contents, while each chapter includes both expository information and interactive material including online multiple-choice drill questions. States that the textbook is a "work…