In the neoclassical growth theory, higher saving rate gives rise to higher output per capita. However, in the Keynesian model, higher saving rate causes lower consumption, which may lead to a recession. Students may ask, "Should we save or should we consume?" In most of the macroeconomics textbooks, economic growth and Keynesian economics are in…

Designed as the major component of a comprehensive model of educational management, a behavioral model of decision making is presented that approximates the synoptic model of neoclassical economic theory. The synoptic model defines all possible alternatives and provides a basis for choosing that alternative which maximizes expected utility. The…

The educational system is the most important of the institutions that bridge the family and the work place. Because of the role of bridge institutions in providing skills and screening that influence an individual's developmental path, it is important to understand how urban systems allocate scarce opportunities. The purpose of this essay is to…

This paper summarizes the results of a recent study of the past performance and future prospects of the International Telecommunications Satellite (INTELSAT) Organization. First, an overview of INTELSAT's history is provided and major policy issues are detailed. Five alternative paradigms are then presented through which to evaluate INTELSAT's…

This article contrasts the more popular educational reforms of the 1960's with reform movements occurring earlier in the century. Included in the article are discussions on the neo-classical university model, the aesthetic-expressive model, the communal-expressive model, and the activist-radical model. (Author/DE)

The author has chosen three major topics in development economics for a discussion on how to teach the subject: the concepts and measurement of development, models of growth and development, and the international aspects of economic development. For the concepts of development, it is important to emphasize the coherence of the topics to be…

This essay examines the ways in which economics, as a discipline, has been influenced by feminist scholarship in the field. It explains that feminist work in transforming economics began to gain ground only in the early 1990s, and that the impact of feminist or multicultural insights on the core research assumptions of the discipline has been…