States the principal-agent theory is difficult to teach because of its technical complexity and intractability. Indicates the equilibrium in the contract space is defined by the incentive parameter and insurance component of pay under a linear contract. Describes a graphical approach that students with basic knowledge of algebra and…

Economics education in elementary and secondary schools is essential in order to prepare a responsible citizenry that can cope with economic problems and issues. This ERIC Digest examines: (1) the primary goal of economics education; (2) current economics curriculum patterns; and (3) methods of improving the economics curriculum. The basic…

The core curriculum for economics, the enterprise system, and finance supports the New York State Education Department's efforts to raise standards in social studies by focusing on Standard 4: Economics, in the "Learning Standards for Social Studies." This core curriculum reinforces the key ideas and performance indicators for this…

This updated list of content standards covering economics is suggested for states developing their own economics standards. The list outlines the core requirements for basic literacy in economics for grades K-12. The statements are similar to designated content standards from other core subject areas. Key economic concepts describing their basic…

This book is designed to help teachers connect "The Stock Market Game" (tm) and the school curriculum. Three key economic themes developed in the lessons include: (1) stock buyers engage in economizing behavior; (2) market economies encourage the production of wealth; and (3) market activity takes place in the context of a legal…

Argues that there are several shortcomings in the usual textbook treatment of consumer equilibrium theory and proposes the removal of the law of diminishing marginal utility from advanced level syllabuses. (Author)

Describes a Web site with animation and interactive activities containing graphs and basic economics concepts. Features changes in supply and market equilibrium, the construction of the long-run average cost curve, short-run profit maximization, long-run market equilibrium, and changes in aggregate demand and aggregate supply. States the…

Outlines a model for teaching economics that incorporates introductory economics concepts into an interdisciplinary class that includes three disciplines focused on a central theme. Covers the principles of microeconomics and the fundamentals of environmental economics. Links these topics to those covered in the ecology and philosophy sections of…

This document consists of two booklets, one for teachers and one for students. These booklets are part of the Elementary School Program of Junior Achievement, Inc., where participants learn about their roles as individuals, workers, and consumers. The booklets are designed to develop personal economic concepts through storybook characters…

Guidelines for the construction and use of an attitude instrument are presented, and the application of the instrument to measure student attitude toward economics is described. Attention is directed to the Likert-like summated forced-choice variety of attitude instrument, whereby attitude toward the object is inferred from the summed responses to…

These materials are designed to help concerned people develop and improve the quality of business and economic education programming in their community school system. Cooperative curriculum planning and community resource sharing should involve professional educators and community members in order to obtain the broadest possible consensus for…

Describes a course which uses integrated electronic spreadsheets for computer assisted instruction in teaching multiple regression analysis. The process of implementing the method is explained, tips on worksheet arrangement are given, and advantages of using electronic spreadsheets are delineated. (Author/MBR)

This curriculum unit is the third part of a three-part curriculum. The focus of this unit is on the U.S.-Japan economic relationship. Increasingly, the world resembles numerous, linked sub-economies fitting into an overall global economy. The making of almost any product relies in some way on international trading. In an increasingly economically…

Describes how a business education curriculum can be adapted to take advantage of modern technology and office equipment. Computer packages for five different areas are described and practical suggestions are given for classroom activities in accounting, office practice, secretarial practice, economics, business law, and sales. (EAO)

Uses the Specific Factors model to illustrate the meaning of economic efficiency, how complex economies simultaneously determine prices and quantities, and how changes in demand conditions or technology can affect income distribution among owners of factors of production. Employs spreadsheets to help students see how the model works. (JEH)