Education has been progressing at a rapid pace ever since educators have been able to harness the power of mobile technology. Open-access learning techniques provide more students with the opportunity to engage in educational opportunities that may have been previously restricted. "Empowering Learners with Mobile Open-Access Learning…

Teaching an evening course in economics at an Adult Education Institute can be challenging. But it is very different from teaching economics in a college. Discusses adults' motives for studying economics, what economics should be taught, teaching methods, and ways to facilitate classroom discussion. (RM)

Institutional economics remains a viable alternative approach to economics. It stresses power, technology, and a holistic and evolutionary approach while critiquing the neoclassical approach. General features of institutional economics are examined, and the work of institutionalists in specific areas is discussed. (RM)

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)

Provides a conceptual framework for teaching price theory and the substitution effects of price changes. Uses the example of student choice of course load to illustrate the usual substitution effect of a price change between goods, and is extended to substitution among differentiated products within a heterogeneous good. (LS)

Outlines the differences between the traditional and modern theoretical models of demand for money. States that the two models are often used interchangeably in textbooks, causing ambiguity. Argues against the use of linear specifications that imply that income velocity can increase without limit and that autonomous components of aggregate demand…

Designed to help students in grades 9-12 understand economic terms, fundamental economic principles of the free enterprise system, and economic forces that influence activities in everyone's life, this teacher's guide provides over 50 reproducible activity sheets on the following topics: (1) scarcity and planning, (2) cost, (3) demand, (4) supply,…

Neither short-run nor long-run price stability is a necessary state of affairs under a gold standard. This conclusion results from an examination of possible differential rates of productivity growth in the gold and non-gold producing sectors. (Author/RM)

A simulation that helps secondary students to distinguish between nominal and real dollar values is presented. It was designed for use as part of a junior or senior high school US history unit on life at the beginning of the twentieth century. (RM)

This introductory lesson on teaching economics concepts contains sections on the following: purpose; objectives; time; materials needed; and step-by-step classroom procedures. The focus is on the economic problem of scarcity and opportunity costs. Attached is an original skit, "There's no such thing as a free lunch," and a chart that…

This lesson plan offers students the opportunity to participate in the three basic economic systems (market, command, and tradition). By working in each of the systems, students will internalize the fundamental values present in each system and will gain insights into the basic advantages and disadvantages of each system. The lesson plan provides…

This lesson plan features a classroom simulation that helps students understand a command economic system. The lesson plan states a purpose; gives student educational objectives; suggests a time duration for the activity; lists materials needed; and outlines a step-by-step teaching procedure. Instructions for a research and writing homework…

This economics education publication focuses on the U.S. stock market and the risk and uncertainty that an individual faces when investing in the market. The material explains that risk and uncertainty relate to the same underlying concept randomness. It defines and discusses both concepts and notes that although risk is quantifiable, uncertainty…

Bringing mathematics and economics together to connect them in students' minds gives students very important skills they can use in their lives. This book is intended for high school mathematics teachers, with lessons designed to reinforce the mathematics concepts and processes taught by using examples from economics. The book consists of 15…

Discusses the Economics Education 16-19 Project in the United Kingdom. Explains that the purpose of the project is to create a flexible economics education framework for all 16-19 students. Describes project goals as a return to first principles, an attempt to secure necessary institutional changes, and enable economics teachers to access the…