Inflation is often regarded as a dangerous phenomenon which poses a potential threat to economies in the world. It is thus an entity that demands the constant attention of economists, policymakers and the general public. In order to make this abstract entry more concrete and vivid, a number of metaphorical expressions are used to depict inflation.…

Public choice uses the tools of economics to analyze how the political process allocates resources and impacts economic activity. In this study, the authors examine twenty-three principles texts regarding coverage of public choice, market failure, and government failure. Approximately half the texts provide coverage of public choice and recognize…

Cloze procedure is a technique generally used to assess learners' reading comprehension by deleting words based on a criterion. Learners are then asked to supply the omitted words to complete the sentences as they read the text, guessing the words that may be inserted based on the context. Cloze procedure can also be used to assess, recycle, and…

In this study, the authors report on the status of comparative economics systems in the U.S. undergraduate economics curriculum. The treatment of comparative economics systems topics in introductory courses is examined through a survey of standard textbooks. To evaluate comparative economics systems at the advanced undergraduate level, they rely…

The number of undergraduate economics degrees awarded by colleges and universities in the United States rose by 18 percent from 2007 to 2010. The upward trend ended abruptly in 2010 and was followed by three years of virtual stagnation (Siegfried 2014). In 2013-14, undergraduate economics degrees began to accelerate again, rising about 5 percent…

To be efficient and satisfied in his/her profession, a teacher needs to realize adequately his/her strengths and weaknesses. To support development of self-reflective skills by future teachers, students at Department of Economic Teaching Methodology at University of Economics in Prague were asked to write an essay called 'Why am I supposed to be a…

The role and importance of situational methodology as one of the pedagogical tools of influence on the formation of socio-ethical values of future managers in higher schools of Ukraine and Germany have been theoretically substantiated. The possibilities of situational methodology influence on the formation of socio-ethical values of…

The purpose of this research is to experimentally evaluate how the "flipped classroom" model used to deliver Business English, which is commonly an integral part to the ESP course at tertiary schools of Economics in Ukraine, to the students majoring in Economics fosters students' critical thinking skills and improved their academic…

Using data from 499 students over 12 sections, 2 courses, and 3 instructors, we estimate the effect of loss aversion on the probability of turning in extra credit assignments and the effect on the overall grade. Regression results indicate no effect of loss aversion on the probability of turning in extra credit assignments and no effect on a…

As we live in a world where English is a dominant language and the use of communication technology become part of our daily lives, we encounter many opportunities that deals with it. The studies on integration of translation-based learning activities in English as Foreign Language (EFL) classrooms is growing in recent years. But little known in…

How do university students understand the graphs that they read in their textbooks? How does their knowledge regarding the content and their statistical training influence this understanding? Does the kind of task demand also influence this understanding? To answer these questions, we asked a group of psychology students and a group of economics…

The aim of this study is to characterise students' understanding of the function-derivative relationship when learning economic concepts. To this end, we use a fuzzy metric (Chang 1968) to identify the development of economic concept understanding that is defined by the function-derivative relationship. The results indicate that the understanding…

As part of discourse in the social sciences, economics textbooks written in English in which knowledge has been transferred to other languages through translation have brought a certain impact on both the target language and the target culture. In terms of ideology, this article argues about the hegemonic status of the dominant language or culture…

This case study contributes to the higher education curriculum development literature by showing how a faculty-led short-term study abroad experience can become the catalyst for student research and offer students an international perspective. The authors analyze students' reflections and provide data collected over the years of taking…

Economic classroom experiments are controlled interactive learning exercises targeting the comprehension of economic concepts in an inductive way. Aiming at increasing students' knowledge of economic concepts, two types of economic classroom experiments are examined in a sample of 134 secondary school students. In the interactive research…