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 study attempts to enquire into whether Papua New Guineans see education as a cargo cult, an investment or as an item for consumption. The definitions of cargo cult are examined as are the basic principles of the economics of education. The main discussion within the study is whether Papua New Guineans see education as a cargo cult, an…

Asserts that the primary goal of economics education is to help students understand the economic world around them and make more informed personal and social decisions. Reviews comparative studies of economic education and student achievement in the United States, Japan, Germany, Austria, Australia, and the United Kingdom. (CFR)