Critiques Michael Staten and John Umbeck's article ("Journal of Economic Education," Winter 1989) on the concept of inefficiency in applied economic analysis. Suggests the Staten-Umbeck article is useful in forcing a precise analysis of the exercise of welfare economics. Concludes that the term efficient is semantic and provides an…

Learning activities that expose students to the concepts of economics are presented, using concrete examples involving the daily activities of zoos and their visitors. The activities call for students to identify zoo expenses, evaluate decisions about zoo spending, and consider the financial and moral costs of treating animals humanely. (JDD)

The booklet is part of a grade 10-12 social studies series produced for bilingual education. The series consists of six major thematic modules, with four to five booklets in each. The interdisciplinary modules are based on major ideas and are designed to help students understand some major human problems and make sound, responsive decisions to…

A survey of U.S. pharmacy schools and a review of pharmacy journals examined the level of pharmacy school training in analytical and statistical techniques. It was concluded that there is a substantial gap between what practitioners are taught in pharmacy school and the skills needed to assess the literature with respect to pharmacoeconomic…

Maintains that policies that recognize the commercial value of resources and offer rewards for actions that preserve rather than deplete them, offer the best chance for environmental protection. Discusses recent experiments where the right to harvest a resource is sold as a commodity. Examines the role this plays in conservation. (MJP)

This student booklet with accompanying teacher's guide examines the issues and controversies surrounding the nation's debt and deficits. The first section defines key terms relating to the issues and traces how the United States got on the road to fiscal disorder. The second section examines what specific federal spending programs have triggered…

Traces the problems of water overuse to the fact that many farmers are allowed to use water at a fraction of its real cost. Maintains that government subsidies promote misuse and abuse of this resource. Proposes two solutions: environmentally friendly water prices and environmentally friendly water ownership. (MJP)

Argues that well-intentioned government policies, such as the Endangered Species Act, can actually cause harm to endangered species by creating disincentives to preserving the habitat for endangered species. Maintains that the use of incentives can lead to voluntary species protection. Includes instructions for an in-class teaching activity. (MJP)

Develops a simple theoretical model to evaluate interdisciplinary differences in research productivity between economics departments and related subjects. Compares the research publishing statistics of economics, finance, psychology, geology, physics, oceanography, chemistry, and geophysics. Considers a number of factors including journal…

Describes a classroom exercise designed to illustrate the economic aspects of common ownership, individual ownership, government regulation and to examine how these relate to conservation. The exercise involves the incremental distribution (via a turkey baster) of water between buckets marked "now" and "future." Different rules replicate different…

The booklet is part of a grade 10-12 social studies series produced for bilingual education. The series consists of six major thematic modules, with four to five booklets in each. The interdisciplinary modules are based on major ideas and designed to help students understand some major human problems and make sound, responsive decisions to improve…