Relates the ways in which the various vocational programs and student organizations are making free enterprise/consumer/economic concepts an integral part of classroom, laboratory, and community activities. Lists activities for eight vocational education program areas in Florida. (LRA)

Discusses the advantages of using the stock market to add new dimensions to social studies classes. Suggests that changes in society will make knowledge of financial markets essential for students. Includes two lesson plans with handouts that use the Disney company and changes in the operation of the stock market to capture student interest. (DK)

Examines the behavior of long-run average cost when the firm knows it faces pecuniary economies or diseconomies of scale. Asserts that the central issue is the conditions under which the scale properties of the production function will or will not dominate the pecuniary effects of changing input prices. (CFR)

Maintains that a discussion of the Eurocurrency market is now a regular feature of most money and banking textbooks. Explains that the demand for Eurocurrency deposits stems, in part, from a transactions motive and recommends that this approach be added to textbook presentations on the subject. (CFR)

Recommendations are made so that teachers can have a sound background in economics. Teachers should be able to understand and to teach the skills and concepts used in the free enterprise system. This report is designed to help preservice and inservice teachers improve their knowledge of economics and the free enterprise system. The first chapter…

Describes an elementary school project in which children learned about the terms, issues, and concepts involved in U.S. economic system and the stock market. Emphasizes the importance of reinforcing delayed gratification to break the cycle of poverty for inner-city families. Discusses project goals, special activities, support, and instructional…

Maintains that, although U.S. currency today is pure fiat money and not backed by gold or any other precious metal, students frequently ask, "But what about the gold at Fort Knox?" Describes what is really located at Fort Knox, why it is there, its implications for public policy. (CFR)

Discusses whether or not the economic concept of the long run is no longer feasible because of computer-assisted manufacturing and other technological advances. Concludes that the terms "long run" and "short run" still serve as logical constructs in formal economic analysis. (CFR)

The relationship between American business and higher education is examined. Corporate gifts and corporate programs including guest lecture programs and cooperative education programs are discussed. The most controversial program, "chairs of free enterprise," which promotes capitalism, is highlighted. (JMD)

Reviews developments in economic education, economic research, and management training in the former Soviet Union since 1985. Contends that the demise of the Soviet command economy has left economics education in a shambles. Concludes that management training is blooming in the first stages of capitalism and will be a base for the renewal of…

Contends that it is widely believed that cheap labor in poor countries attracts foreign investors. Asserts that historical evidence indicates that past patterns of direct foreign investment in poor countries are inconsistent with the cheap-labor argument. Includes two figures and one table. (CFR)

Asserts that errors frequently are made in teaching about the second fundamental theorem of welfare economics. Describes how this issue usually is taught in undergraduate economics courses. Discusses how this interpretation contains errors and may hinder students' analysis of public policy regarding welfare systems. (CFR)

The question of the relationship between capitalism and democracy is not new; scholars have produced a rich literature about it that includes virtually every considerable point of view. Yet the question is of more than historical interest; with the recent dramatic political and economic upheavals in Eastern Europe and the former USSR, it becomes…

Reviews 11 normative principles of capitalist economics. Contends that these principles form the basis for much of economics education in the United States and Western society. Argues that to save the world from massive environmental degradation, economics education must be completely restructured to focus on ecological concerns. (CFR)

Describes a class where students learn microeconomics from the perspective of a new business owner. This approach requires reordering the typical sequence of material and introducing a market simulation exercise. Includes a sample business plan, course outline, and data tables. (MJP)