Findings from a study to determine the effect of experience-type teaching (real life vs. vicarious) and concept-label-type teaching (invented vs. conventional) on the learning and retention of economics concepts (opportunity cost) by 129 first graders suggest that real-life experiences and invented concept labels enhance learning and retention of…

This study explores the effects of cooperative and mastery learning methods, alone and in combination, on first and second grade students' learning and retention of basic economic facts. A 2 X 2 (cooperative X mastery) factorial design compared the achievement of 120 students randomly assigned by grade level stratification to one of four treatment…

This study explored the effect of experiential and experience-based approaches to learning and instruction on transitional first grade students' (a) acquisition and use of economic concepts and (b) economic reasoning ability as indicated by the presence or absence of misconceptions about economic concepts. A pretest-posttest control group design…