It is a popular practice among college professors to drop the lowest component grade in computing the course grade. A benefit of this practice is the elimination of the need to evaluate excuses or administer make-up exams. The author uses data from a controlled experiment to examine the impact of such a policy on student behavior and course…

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…

Explores the relationship between student personality types and measures of student performance in principles of microeconomics using the Keirsey Sorter, a 70-question Myers-Briggs Type Indicator (MBTI); results from the Test of Understanding of College Economics (TUCE); and course grades. Suggests that personality types do affect student…

Describes a Web site for college economics instructors that provides 113 noncomputerized economics experiments (games) to help teach fundamental micro and macroeconomic concepts. Explains that the games are annotated and hyperlinked and that the Web site is organized into three tables classifying the games. (CMK)

Presents a simple technique for teaching the Cournot model to first-year microeconomic students. Involves demonstrating, without the use of derivatives, that out of all rectangles with a common perimeter, the square has the greatest area. (RLH)

Describes interest in the behavior of random processes with positive feedback. Explains that simulation of the law of large numbers with increasing amounts of feedback makes instruction of random processes with positive feedback possible for undergraduate students. (RLH)

The authors measure math skills with a broader set of explanatory variables than have been used in previous studies. To identify what math skills are important for student success in introductory microeconomics, they examine (1) the student's score on the mathematics portion of the ACT Assessment Test, (2) whether the student has taken calculus,…

This chapter introduces the key economic concepts, models, and methods that can help inform institutional research in higher education. (Contains 1 table and 9 figures.)

Argues that microeconomics principles courses are structured around an approach to policy that avoids many controversial but central policy issues including: the interplay of moral issues and efficiency; questions of consumer sovereignty; and questions of the interrelation between measures of efficiency and income distribution. Suggests a dual…

Investigates the relationship between student absenteeism during a principles of microeconomics course and subsequent performance on examinations. Finds that students who missed class on a given date were significantly more likely to respond incorrectly to questions relating to material covered that day than students who attended class. (RLH)

Examines how much time is spent in economics and management sciences programs; how much time is allocated among different courses within programs; what common thematic denominators exist; and whether and in what way content in microeconomics and macroeconomics courses differs. (RLH)

Illustrates how a simple discontinuity in an individual's demand curve, or inverse-demand curve, affects the shape of market aggregate curves. Shows, for private goods, that an infinitesimal change in quantity can lead to large changes in consumption patterns; for collective goods, the analysis suggests a theory of coalition building. (DSK)

Provides comments by Nobel laureate Paul A. Samuelson, Harold W. McGraw Jr., William D. Nordhaus, Orley Ashenfelter, Robert M. Solow, and Stanley Fischer on Samuelson's introductory textbook "Economics," as presented at the 1998 American Economic Association meetings in Chicago (Illinois). (CMK)

Describes a classroom experiment in which students see how competitive markets underproduce in the presence of a positive externality. States that this experiment is used in a principles of economics course to introduce the idea of market failure. Explains that participants take the role of buyers of education, sellers of education, or interested…

Discusses the theory of microeconomic efficiency measurement, including frontier efficiency-measurement techniques; reviews the research measuring inefficiency in education; discusses the determinants of educational efficiency; includes table listing author, methodology, inputs and output, analytical techniques, and main findings for 28 studies of…