The author of this article discusses the extensive use and analysis of real-world situations as the core construct on which to build a course in principles of microeconomics. Building on the literature that focuses on current event readings, the goal here is to train students to be able to "do economics." The author details course…

Economics faculty expect that students have an integrated understanding of economic theory upon graduation and that they grasp and appreciate how all elements of markets naturally move to equilibrium. Through assessment activities, the authors discovered that their students were not developing that knowledge, so they turned to learning theory to…

A major challenge that chemical engineering graduates face at the modern workplace is the management and operation of plants under conditions of uncertainty. Developments in the fields of industrial organization and microeconomics offer tools to address this challenge with rather well developed concepts, such as decision theory and financial risk…

The author of this article questions what has been gained from Berrett's exploration of the connections between competency development and individual required courses. She concludes from this analysis that students' competency development is a responsibility that cuts across many courses and many levels of expected student proficiency. To put it…