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Hey, John D. – Journal of Economic Education, 2005
Most people learn to drive without knowing how the engine works. In a similar vein, the author believes that students can learn economics without knowing the algebra and calculus underlying the results. If instructors follow the philosophy of other economics courses in using graphs to illustrate the results, and draw the graphs accurately, then…
Descriptors: Teaching Methods, Microeconomics, Computer Software, Graphs

Colander, David – Journal of Economic Education, 2005
Fifty years ago what was taught in the principles of economics course reflected reasonably well what economists did in their research. That, however, is no longer the case; today what economists teach has a more nuanced relation to what they do. The reason is that the economics profession and the textbooks have evolved differently. The author…
Descriptors: Economics Education, Microeconomics, Economic Research, Teaching Methods

Cheung, Stephen L. – Journal of Economic Education, 2005
The author describes a classroom game demonstrating the process of adjustment to long-run equilibrium in a market consisting of price-taking firms. This game unites and extends key insights from several simpler games in a framework more consistent with the standard textbook model of a competitive industry. Because firms have increasing marginal…
Descriptors: Microeconomics, Economics Education, Teaching Methods, Class Activities

Correa, Hector – International Journal of Educational Research, 1995
A structural view of the microeconomics of education as a logically consistent whole is proposed, and research done on the subject since around 1960 is described. It is argued that the microeconomic theory of education could become an instrument for determination of appropriate forms of behavior in the classroom. (SLD)
Descriptors: Educational Economics, Educational Practices, Educational Research, Educational Theories

Walstad, William B.; Watts, Michael – Journal of Economic Education, 2005
In Australia, the authors learned it is common to ask one or more conference participants to summarize and assess the conference in a final "closing" session. They found the experience of serving as "closers" strangely similar to what students are asked to do in providing an overall assessment of a course or instructor at the…
Descriptors: Economics Education, Conferences, Macroeconomics, Microeconomics