The Hanson and Silver Learning Preferences Inventory was completed by 167 human ecology students. The predominant learning style was sensing feeling and introverted. There was a significant relationship between learning style and choice of major. (SK)

Outlines the key elements of Arrow's Impossibility Theorem. Presents another graphical proof of the theorem designed to be more accessible to students and teachers. States the strength of this approach is that the patterns of agreements and conflicts over all possible combinations are transparent and key to intuitively understanding Arrow's…

Illustrates how fair price policies can be explained to undergraduate students by applying simple graphical methods normally used in general equilibrium trade theory. Indicates that fair price strategies can be looked upon as a suboptimal device for redistributing the gains from trade as compared with a transfer of funds. (JEH)

The authors examine student cheating based on implicit and explicit definitions of cheating. Prior to being provided a definition of cheating, students reported whether they had cheated. Students were then provided a definition of cheating and asked to rereport their cheating behaviors. Results indicate that students do not understand what…

A simulation game being used in the economics department at the University of North Dakota to introduce students to the world of banking is described. The rationale for this approach is that the economics curriculum tends to be more conceptual than practical in content, and provides limited internship opportunities. The simulation game approach…

The study's findings revealed significant relationships between economic understanding and the factors of: aptitude; achievement in English, social science, science, and mathematics; age; socioeconomic class; attitudinal sophistication; and business courses taken in high school. The subjects were 188 entering freshmen and 204 second semester…

Provides an economic analysis of tradable pollution permits by clarifying the derivation of permit supply and demand relationships and connecting those concepts to permit trading for two polluters. Develops relationships for both polluters and allows creation of market schedules for permit supply and demand. Discusses the satisfaction of the…

States that the IS-LM model is the primary model of economic fluctuations taught in undergraduate macroeconomics. Argues that the aggregate demand-price adjustment (AD-PA) model is superior for teaching about economic fluctuations. Compares the IS-LS model with the AD-AP model using two current issues in macroeconomics. (JEH)

Elements involved in organizing and conducting the Drexel University's annual student fashion design program are discussed. (TA)

Explores whether class size affects achievement in introductory college economics, using the 1988-89 Test of Understanding in College Economics database (TUCE III). Results indicate that neither class size nor certain controlled class characteristics affect student achievement. Results are markedly robust, when using SAT scores to control for…

Pre- and posttest scores on a national standardized test were compared for regional campus students and inmate students in economic courses. No significant performance differences were found, suggesting that inmates are developing thinking skills for effective decision making through the study of economics. (SK)

This paper considers whether student motivation might be impacted by the replacement of a straight (A, B, C, D, F) grading system with a plus/minus system (A, A?, B+ D?, F). The data that are examined are from several undergraduate economics classes at a mid-sized midwestern university in the United States. The data includes student…

Describes two applications in which the chain-weight index is explored using spreadsheet software. Explains that the first application introduces the concept by comparing it to Laspeyres, Paasche, and ideal indexes. States that the second application is a step-by-step process to calculate chain-weight index statistics. (JEH)

Suggests a method to teach John Keynes's principle of effective demand using a standard aggregate labor market diagram familiar to students taking advanced undergraduate macroeconomics courses. States the analysis incorporates Michal Kalecki's version to show Keynesian unemployment as a point on the aggregate labor demand curve inside the…

In this paper, the authors review more than 300 reports of students in New Zealand, Australia, China, Singapore and South Korea who have participated in a global action-learning program to teach entrepreneurship and free market economics to their respective communities, through Students in Free Enterprise (SIFE). The authors use the results of…