Purpose: The purpose of this paper is to describe this new evaluation experience with portfolio in economics, not only from the teacher's point of view but from the student perspective, and all the learning from its implementation; to provide ideas of evaluation practices in virtual and face-to-face modality in international business education; to…

The authors of this article investigate the economic knowledge of Czech high school students using a database of 18,589 participants from the 2019 to 2020 Czech Economics Olympiad. Czech high school students show solid comprehension of basic economic concepts and principles of international economics but understand substantially less about…

The Alchian Maze uses active learning for teaching important economic concepts like spontaneous order and the power of profit and loss. While the game is an effective teaching tool, it is also cheap, low tech, and requires little advance preparation. The author of this article provides an overview on how to create and run an Alchian Maze. A number…

This chapter explores the relationship between the American Economic Association and community college economics faculty, as well as the Federal Reserve System's education outreach efforts to the community college sector.

Team-based learning is a powerful collaborative learning technique that can be used effectively in a principles of economics course, although its implementation can be costly for instructors and students alike. The author suggests a series of strategies that can result in a much smoother transition to a fully collaborative classroom. The author…

This chapter addresses how sustainability can be incorporated within the Principles of Microeconomics and Principles of Macroeconomics curriculum. Examples of assignments along with case study assessments of the impact of the assignments as they relate to understanding and fostering sustainability in the student are provided.

The paper reviews major Economics textbooks used in the UK from the point of view of their use of rationality as a teaching tool. The textbooks vary widely in their explicit analysis of rationality from finding it important to totally ignoring it. When textbooks do use the concept as part of their analysis, the definitions vary considerably. In…

Obtaining students' attitudes, opinions, feedback, etc., plays an essential role in the higher educational process because it makes it more bidirectional and engaging for the students. Including larger populations in surveys often calls for informational structuring/standardization for subsequent statistical post-processing. Moreover, it brings…

The authors of this article estimate the learning effects of the flipped classroom format using data from 16 sections of principles of microeconomics over a 4-year period. The experimental design is unique in that two treatment and two control sections were taught during the fall semester in four consecutive years. Further, the instructor switched…

The authors of this article examine trends in the economics discipline regarding the classification of some undergraduate economics majors, i.e., econometrics and quantitative economics degrees, as STEM. According to the Integrated Postsecondary Education Data System (IPEDS), the number of institutions conferring undergraduate econometrics and…

Many empirical economists say that the teaching of econometrics is unbalanced, and students are not well-prepared for the serious problems they will encounter with real data. Here, the author considers the problem of noisy data, which is present in most econometric studies, but receives far too little attention. Most econometric studies are done…

The necessity of studying the processes of formation and development of professional competence of future specialists of the economic branch in higher educational institutions (hereinafter: HEI) (in the conditions of education reforming in Ukraine and its approximation to the common European standards) is substantiated. The emphasis is placed on…

The use of online courses has expanded dramatically at institutions of higher education over the last several decades. Appropriate design of an online course is instrumental in determining the quality of the student experience and the amount of material students retain from the class. However, the instructor has a tremendous amount of freedom when…

Teaching students to use critical thinking skills is a popular goal of many economics courses. But what does "critical thinking" really mean, and how is it implemented? This article considers various interpretations of "critical thinking" and distinguishes "big-think" from "little-think" critical thinking,…

Economists receive high social recognition in media, politics and business discourses where they often obtain a status as 'star economists' and 'financial prophets'. This paper investigates the social conditions that make the formation of size in the economic sciences possible. It analyses the "institutional constraints,"…