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Charles A. Holt; Erica R. Sprott – Journal of Economic Education, 2025
The authors of this article explain how two Veconlab class "experiments" can be used to clarify common points of confusion about the cost curves (sunk, marginal, and average). In each case, the experiment can be motivated, framed, or explained with environmental policy applications that are provided in the suggestions-for-discussion…
Descriptors: Costs, Climate, Teaching Methods, Economics Education
Coleff, Joaquín; Rubbini, Camilo – Journal of Economic Education, 2023
The authors of this article propose a simple exercise of monopoly pricing to illustrate complex theoretical results on the welfare effects of group pricing. By exposing students to this exercise, they aim to bridge a gap between the standard textbook analysis of group pricing and more general results in the literature and clarify some students'…
Descriptors: Teaching Methods, Economics Education, Undergraduate Students, Misconceptions
Staveley-O'Carroll, James; Gai, Yunwei – Journal of Economic Education, 2023
The authors describe an asymmetric information demonstration that assigns students different probabilities of incurring healthcare expenses. In each round, students choose whether to purchase insurance; then, the instructor randomly determines who gets "sick." After computing insurer profits, students help determine a new insurance price…
Descriptors: Risk, Economics Education, Health Insurance, Teaching Methods
Chanita C. Holmes; Marlon R. Tracey – Journal of Economic Education, 2025
Instructors may use low-cost, light-touch strategies to help students achieve optimal effort in demanding upper-level courses. The authors of this study exploit an intervention that provides a series of personalized feedback emails to students about their relative performance, which is tied to approving messages or tips that encourage improvement.…
Descriptors: Class Rank, Economics Education, Grades (Scholastic), Advanced Courses
Wilson, Janine L. F. – Journal of Economic Education, 2023
The economics profession has been working to become more open, inclusive, and welcoming. The introductory principles of economics courses provide a unique opportunity to teach students of the wider university the value of the field of economics. It is in this setting that instructors' interactions with students show them a welcoming and diverse…
Descriptors: Introductory Courses, Economics Education, Microeconomics, Undergraduate Students
E. Anne York – Journal of Economic Education, 2024
Social media is becoming a more widely used tool to engage students in learning. LinkedIn (linkedin.com) is a professional social networking platform that most college students are encouraged to use, but it is not widely used as an educational tool. In this article, the author describes how LinkedIn was deployed in a principles course to teach…
Descriptors: Social Media, Economics Education, Social Networks, Teaching Methods
Emily C. Marshall; Anthony Underwood; Abigail Hyde – Journal of Economic Education, 2024
The undergraduate economics curricula for most of the 793 U.S. colleges and universities that conferred an economics bachelor's degree in 2019 are described in this article. Besides updating the prevalence of the economics major core requirements and their differences by institution type, the authors record new information on requirement…
Descriptors: Undergraduate Students, Economics Education, Curriculum Design, Course Descriptions
Clark, Michael J. – Journal of Economic Education, 2020
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…
Descriptors: Economics Education, Active Learning, Microeconomics, Educational Games
Bennato, Anna Rita; Gourlay, Adrian; Wilson, Chris M. – Journal of Economic Education, 2020
Bounded rationality is a key concept with implications across all areas of economics. To help students better understand the nature, causes and forms of bounded rationality in individual choice, the authors present a flexible classroom experiment. Beyond providing students with some first-hand evidence of bounded rationality, the experiment shows…
Descriptors: Economics Education, Microeconomics, Educational Experiments, Class Activities
Tisha L. N. Emerson; KimMarie McGoldrick – Journal of Economic Education, 2024
Using data from 11 institutions, the authors investigate enrollments in intermediate microeconomics to determine characteristics of successful and unsuccessful students and follow the retake behavior of unsuccessful students. Successful students are significantly different from unsuccessful ones, and unsuccessful students differ by type…
Descriptors: Microeconomics, Student Attrition, Withdrawal (Education), Academic Persistence
William Bosshardt – Journal of Economic Education, 2024
In the early 1940s, Black artist Jacob Lawrence painted a series of 60 panels that are now collectively called "The Migration Series." The panels tell the story of how Black Americans migrated from the South to the North, beginning with World War I. The panels provide an uncommon example of the intersection of economics, Black American…
Descriptors: Economics Education, Art, Diversity, African Americans
Craft, Erik; Linask, Maia – Journal of Economic Education, 2020
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…
Descriptors: Blended Learning, Microeconomics, Economics Education, Introductory Courses
Staples, Aaron J.; Sackett-Taylor, Hillary M.; Forgue, Jason; Brewer, Stephanie B.; Sarnikar, Supriya – Journal of Economic Education, 2020
Students of introductory economics are often able to predict changes in equilibrium price correctly on standardized assessments, but make consistent errors in predicting changes in equilibrium quantity. To examine the reasons for this pattern, the authors collected open-ended explanations written by students and categorized their reasoning using a…
Descriptors: Economics Education, Error Patterns, Logical Thinking, Supply and Demand
Paxton, Julia – Journal of Economic Education, 2021
Supported by the Learning by Giving Foundation or other philanthropic sources, many college courses are allowing students to give away charitable grants to nonprofit organizations. In this article, the author shares the experience of a Learning by Giving Economics of Altruism class taught at an introductory level. The class is taught using best…
Descriptors: Introductory Courses, Economics Education, Altruism, Microeconomics
Calimeris, Lauren; Kosack, Edward – Journal of Economic Education, 2020
In this study, the authors investigate the impact of the Immediate Feedback Assessment Technique (IF-AT) on student learning outcomes in principles of microeconomics classes. The IF-AT enables students to receive immediate feedback and to retry questions for partial credit. The authors use a randomized experiment to evaluate the effect of the…
Descriptors: Feedback (Response), Tests, Microeconomics, Introductory Courses