Traces the development of macroeconomic theory from John Maynard Keynes to modern endogenous growth theory. Maintains that a combination of interest in growth theory and related policy questions will play a prominent role in macroeconomics in the future. Recommends narrowing the gap between graduate school and undergraduate economics instruction.…

Reports on the adaptation and replication of Jane Leuthold's experiment concerning consumer choice, investments, and free riding indexes. A similar experiment, conducted in a Ukrainian classroom, produced similar results with a few notable exceptions. The exceptions reflected the Ukrainians' lack of familiarity with western economic thought. (MJP)

Provides an overview, guidelines, and specific suggestions for introducing economic thinking to elementary school children. Utilizes examples from US history (buffalo hunting, cattle farming) to illustrate economic concepts. Includes an appendix that frames economic concepts as mysteries with clues (and answers) provided. (MJP)

Compares academic performance between two groups of students in a statistics course. One group was given homework generated by computer software that provided feedback concerning incorrect answers. The other relied on the textbook without benefit of the feedback. The group using the software performed better on homework and tests. (MJP)

Describes a class experiment where students search a hypothetical job market for jobs paying wages in a known range but with an unknown wage distribution. The experiment is divided into three "trials", each one introducing different variables (unemployment insurance, search costs, and recession). Includes experiment instructions and a…

Replicates an earlier study that used videotapes to examine the types of errors made by novice economics students in graphic analysis of a simple supply-demand problem. Further explores the issue by improving the framework for analyzing errors and documenting some methods used by novice groups to correct errors. (MJP)

Explores the consequences of textbook authors' failure to recognize that producers can acquire the good in which they lack a comparative advantage through either trade or internal production. Examines variations in the construction and graphical depiction of consumption possibility frontiers in principles of economics textbooks. (MJP)

A course at Hampshire College was designed to simulate the decision-making environment in which constituencies in a medium-sized city would respond to the closing and relocation of a major corporate plant. The project, constructed as a role simulation with a computer component, is described. (MLW)

Maintains that U.S. history did not begin with the colonization of North America by Europeans but with the Native American tribes that flourished prior to colonization. Discusses economic issues that determined the history and culture of various tribes. Provides a lesson plan based on economic decisions made by the Choctaw tribe. (CFR)

Reports on a three-week seminar taught by U.S. economists at Moscow State University (Russia) in June 1992. Discusses the history of the pre-1992 economics curriculum and the emerging curriculum in modern Russia. Includes three tables illustrating changing curriculum content in economics over the past two decades. (CFR)

Describes the origin, development, and accomplishments of the Joint Council for Economic Education, now called the National Council for Economic Education. Discusses the participants and results of a 1948 conference bringing together economists with business, labor, and education leaders. Outlines activities and accomplishments of the…

Contends that there is widespread concern that graduate programs in economics do not train students adequately to do economics. Reports that little emphasis is placed on problem-solving skills or creativity. (CFR)

Reports on a collaboration between an economist and a writing instructor in using a writing-to-learn approach in a higher education history of economic thought course. Describes the course content, provides examples of writing assignments, and student evaluation sheets. (CFR)

Asserts that using children's literature in social studies can enrich the course content and help achieve prescribed objectives. Maintains that well-planned activities based on carefully chosen books are necessary for successful implementation of this approach. Recommends 23 books in 4 subject categories: (1) cultural studies; (2) geographical…

Describes a classroom experiment in cooperative learning, in which economics students were grouped into learning teams and given a computer simulation package to learn the effects of fiscal/monetary policy on various economic variables. Results included thorough coverage of course material, greater student interest, better discussion, higher…