This article uses a logistic probability distribution approach to examine the effect of lecture attendance, aptitude test results, individual heterogeneity and pedagogic intervention on student performance for first-year microeconomics and second-year macroeconomics modules at a leading South African university. The research was motivated by the…

The authors' data contain inter- and intra-class variations in experiments to which students in a principles of microeconomics course were exposed. These variations allowed the estimation of the effect on student achievement from the experimental treatment generally, as well as effects associated with participation in specific experiments. The…

The existence of an inverse relationship between wage levels and regional unemployment rates, commonly referred to as the wage curve, is well established in the economic literature and was described by Card (1995) as being "close to an empirical law of economics". This microeconomic wage-unemployment relationship, first identified by…

This study investigates how a natural experiment occurring in the teaching of principles of microeconomics allows a test of the Dunn and Dunn learning styles model (Dunn & Griggs, 2000). The material for the first exam, based on essential definitions and theoretical foundations, was taught in a conventional, inductive style, more compatible with…

Microeconomic principles courses focus on perfectly competitive markets far more than other market structures. The authors examine five possible reasons for this but find none of them sufficiently compelling. They conclude that textbook authors should place more emphasis on how economists select appropriate models and test models' predictions…

The author devises a simple way of incorporating the financial sector into a growth model that is pedagogically useful. Financial innovation raises the efficiency of financial intermediation by increasing the variety of financial products and services, resulting in improved matching of the needs of individual savers with those of firms raising…

Factors affecting students' grades in principles of microeconomics and macroeconomics students are analyzed from the data collected in two public universities. Results indicate that gender, number of hours worked, SAT scores, number of missed classes, recommending the course to a friend, instructors, being a junior, number of economics courses…