Observes that, before 1973, determining a valuation formula for option prices was an elusive goal of financial economics. Discusses Louis Bachelier's early twentieth-century work on the problem. Notes that Bachelier derived a normal distribution for stock price movements by modeling price changes in specific way. Reviews Bachelier's option pricing…

Discusses problems in teaching and learning economics. Describes students' perceptions of cost as a quality inherent in the product or the result of supply and demand in spite of training they may have received in economics. Urges teachers to help students develop economic understanding so that the students can use what they have been taught. (DK)

This paper investigates the causes, effects, and potential situational improvements of instructors who teach outside their primary area of specialization. The study concentrates on economics and, specifically, the Economics Education 14-16 Project, which utilized a nonspecialist classroom approach. This document contains: (1) classroom…

Five hundred and thirteen ninth grade students in San Diego, California, used the junior high economics textbook "Our Economy: How It Works" (Addison-Wesley, 1980) in a semester-long course and then were evaluated. The text uses case studies about the manufacture of familiar products, financial institutions, and government to make…

This study examined 16 high school economics textbooks commonly used in Michigan. The textbooks were graded for 12 criteria that form the basis for the sound study of economics: (1) the price system and production; (2) competition and monopoly; (3) comparative economic systems; (4) the distribution of income and poverty; (5) the role of…

Reports the results of a study that evaluated a New York City pilot project designed to integrate Developmental Economic Education Program (DEEP) materials into an eleventh grade American History course. The Test of Economic Literacy (TEL) was administered to students. (AM)

Results of this exploratory study suggest that teachers of mainstreamed classes need to have a command of the subject matter presented, basic knowledge of handicapping conditions, and training which includes experiences that foster realistic, positive attitudes by working with and teaching handicapped students. (Author/CT)

Findings of a study indicate that home economics college faculty believe it important that colleagues have a comprehensive view of the field, that graduate students be provided an interdisciplinary orientation to home economics, and that experiences periodically bringing students together for study and dialogue provide meaningful ways to do this.…

Reviews educational research undertaken during the 1970s which indicated that different types of students would benefit differentially from various types of courses and teaching techniques. Questions why findings from this research has been so largely ignored. A statistical model relating teaching to different types of students is presented.…

It is argued that the discipline of pharmacoeconomics has much to offer the pharmacy field during a period of health care reform but that these specialists must let their colleagues in related fields know how they can assist in facilitating change. (MSE)

Discusses the use of the curriculum package "Econ and Me" in teaching primary school children about economics. Explains that the program incorporates mathematics instruction and promotes language arts skills. Describes research indicating that primary school children's economics knowledge can improve through the use of "Econ and…

The authors examine the relationship between students' locus of control and their evaluation of teaching in a traditional principles of economics course. Locus of control is a psychological construct that identifies an individual's beliefs about the degree of personal control that can be exercised over his or her environment. Students with an…

In this research, the authors examine whether M.B.A. students at a regional, comprehensive university who take only online courses learn as much as students taking identical courses in the traditional, face-to-face format. A simple comparison of test scores indicates that the amount of learning is similar in the two formats. However, when other…

In this study, the authors update a previous study of terminal master's degree in economics programs to determine whether changes in the inputs or the desired outcomes of master's degree programs have occurred during the decade between the two studies. There are now fewer programs, and there has been a reduction in rigor in terms of degree…

This evaluation of the impact of the text, "Our Economy: How It Works," on student attitudes and values reports the findings of a study of ninth grade students in three cities: Cedar Rapids, Iowa; Durango, Colorado; and Minneapolis, Minnesota conducted over portions of the 1984-85 school year. Economics Values Inventory (EVI), the design for the…