A model which provides a valuable framework for helping college students in introductory economics courses appraise development strategies in Third World countries is presented. (Author/RM)

Explains the economic concept of Rational Expectations (RE) and demonstrates how it can be introduced to British 'A' level students. Illustrates the implications of RE for the Cobweb and Augmented Phillips Curve market models. Outlines some attractions and limitations of rational expectations. (Author/DH)

Discusses the use of game theory to teach introductory college microeconomics. The authors demonstrate its applicability for illustrating traditional economic models and for generating new models in areas where current theory is lacking. An appendix includes simulation-gaming exercises to demonstrate the characteristic dynamics of imperfect…

Notes that economics courses use a model of perfect competition as a starting point for the analysis of competitive structures. Further notes this model does not work for an investigation of oligopolies. Presents a contestable markets model which can improve students' understanding of the imperfect competitive environment. (RKM)

Suggests that current economic events should be incorporated into simple textbook models. As an example, shows how some of the major aspects of the debate on macroeconomic policy can be dealt with by using a simple Keynesian expenditure model. (Author/DB)

Presents Michal Kalecki's macro-economic model and two-sector version of the model by Robinson and Eatwell as circular flow diagrams. Advantages of using this approach in first-year undergraduate economics programs are discussed. Available from: General Secretary, Economics Association, Room 340, Hamilton House, Mabledon Place, London WC1H 9BH,…

Defines economic awareness as a critical awareness of the use of scarce resources. Identifies the three major perspectives of economic awareness as knowledge, procedure and needs-based. States that it is possible to coalesce these perspectives into a fourth eclectic perspective, and to provide guidelines for teachers in line with the national…

Two computer programs that simulate the multiplier and accelerator processes are described. The simulations can be used in college-level economics classes or by pupils using their own personal computers at home. Very little knowledge of programing is required to implement the simulations. (Author/RM)

Describes the general characteristics of social and physical science models using the Malthusian model of population growth related to food supplies. Methods for assessing models and questions for classroom use are included. (KC)

Discusses the conceptual and measurement problems inherent in teaching income distribution. Offers a framework for teaching this topic based on the relevant schools of thought since the Classical economists. Available from: General Secretary, Economics Association, Room 340, Hamilton House, Mabledon Place, London WC1H 9BH. (Author/AV)

The principle of the multiplier-accelerator interaction is explained, and how a computer program to model it can be developed is shown. A series of simulations that can be used to explore the model's behavior are suggested. The simulations can be used in college-level economics classes. (Author/RM)

Discusses the initiative by the Scottish Consultative Council on the Curriculum to teach economic concepts and skills in all subject areas. Describes the Scottish government's Technical and Vocational Education Initiative (TVEI) and enterprise education programs. (LS)

Provides an extension of the basic banking model used in introductory economics courses. This expanded model introduces the concept of banking capital and reserves, and includes the relationship existing between current issues and banking structure and money supply growth. Provides worksheet exercises and answers. (LS)