This paper extends the theory of powerful knowledge to school economics by articulating the nature of powerful disciplinary knowledge in the subject. In order to develop a framework for conceptualizing powerful knowledge in economics, the literature that identifies powerful knowledge in other school subjects is first explored. Then, follows an…

The authors of this article investigate the economic knowledge of Czech high school students using a database of 18,589 participants from the 2019 to 2020 Czech Economics Olympiad. Czech high school students show solid comprehension of basic economic concepts and principles of international economics but understand substantially less about…

In this article, we have examined the effectiveness of teaching economics through project-based learning. For this purpose, we carried out an experiment at secondary schools in the Slovak Republic. We divided 123 students into control and experimental groups. In both groups, teaching was carried out on the same topic by the same teacher in the…

We examine the effect of an innovation in an educational context, a class of 500 + first-year economics students at a well-known Australian university. We study whether introducing content in the form of a multimedia presentation has a detectable effect on specific categories of student knowledge. The multimedia presentation has a narrator…

This paper presents a case study that reflects on teaching an economic unit, Cost-benefit analysis (CBA), to a diverse undergraduate student body at the researcher's institution. CBA is an applied economic technique that attempts to assess the economic efficiency of proposed public policies through the systematic prediction of social costs and…

The authors of this article studied the effects of game-based financial education approaches using a sample of lower-secondary school students in Finland. The sample consisted of 640 students from 42 schools in different areas of the country. The authors focused on three different game-based interventions using a pre- and post-intervention survey…

Using the backward design model, the author of this article surveys and connects the economic competencies literature evolving from Hansen with the literature on literacy-targeted principles courses. He makes the case why departments should offer LT principles courses--which focus on higher-level mastery of a shorter list of concepts that students…

'Powerful knowledge' is disciplinary knowledge that when learned, empowers students to make decisions in a way that will influence their lives in a positive way (Young, 2008). In this paper, the researcher employs this construct to explore the financial literacy education arising from studying secondary school economics. It emerges from the…

Positive effects of study progress on the economic knowledge of bachelor students are evident and were often referred to as proof of the validity of tests in the context of a longitudinal analysis. However, differences between "domain-specific" (e.g., semester) or "discipline-specific" (e.g., attended courses) indicators of…

This study highlights the importance of metacognitive awareness of economics students and examines the relationship between Problem-Based Learning (PBL) and Metacognitive awareness among economics students. This research was conducted in the Faculty of Economics, Universitas Negeri Malang of Indonesia by employing economics students as the subject…

Civic argumentation refers to societal problems that may affect various scientific disciplines. Societal problems are complex and their possible solutions controversial. Making informed and reasoned decisions on these problems requires domain-specific content knowledge and domain-specific argumentation skills. This study addresses argumentation on…

The teaching of financial literacy through game-based approaches is legitimized by the ability of game-based learning (GBL) to simulate financial decisions that young people have not yet encountered in their lives due to limited legal capacity and economic dependence on the parental home. Although results on the general effectiveness of games are…

"Chair the Fed" is an award-winning online educational game developed by the Federal Reserve Bank of San Francisco to help players learn about monetary policy. Players assume the role of Fed Chair and adjust the federal funds rate to try to achieve low inflation and low unemployment. If successful, they are reappointed to another term.…

University lecturers and coordinators of business and economics courses around the world are faced with the challenge that beginning students in these courses have heterogeneous entry conditions in terms of personal characteristics. This article focuses on the economic knowledge of German and Japanese beginning students in a business and economics…

Purpose: The aim of this study is to extend previous research on conceptions of price by highlighting variation in students' understanding of causality. It also aims to offer a new way of using 'dimensions of variation' in phenomenographic research to analyse the structure of conceptions of complex phenomena. Method: The study uses data from 94…