Discusses the economic concepts of complementarity and anticomplementarity related to prices of inputs. Reviews traditional treatment of these concepts by economics instructors and textbooks. Presents an approach that builds on the concepts of input complementarity, independence, and anticomplementarity. (CFR)

Argues that, although most economics textbooks' explanations of imperfect competition may involve three to five models, the concept can be taught using a single, simple model. Uses several business/economic examples as illustrations. (DB)

This book presents economic concepts in relation to topics commonly taught in social studies at the lower grade levels. The lessons are intended to accompany appropriate segments of the social studies curriculum, such as family, self, home, school, neighborhood, community. Lessons include the concepts of scarcity, needs and wants, goods and…

The scope of modern business courses seems to view as proper and modern the following objective: to provide students with the economic understandings necessary for them to effectively function as consumers, workers, and citizens in our mixed economy. The business course educates students about their economic rights, responsibilities, and roles.…

This study investigates funding trends in college/university home economics programs during 1975-80 based on survey data from 138 heads of home economics units. Home economics faculty salaries did not keep up with inflation and availability of resources for higher education during the period studied. (Author/CT)

Focuses on the effect of interest rates on the increased use of credit cards, a popular method of financing households. Uses three models to demonstrate that interest rates must rise, resulting in increased consumption expenditures. (CMK)

Presents a compelling argument refuting Ian Pearce's eclectic approach to economic awareness. Focuses on three questions: (1) what is the purpose of economic awareness; (2) what does economic awareness entail for the classroom; and (3) what view of economics does the Ian Pearce's approach convey? Offers five reasons for rejecting the eclectic…

In this collection of essays six noted economists question the state of economic science today. Kenneth J. Arrow focuses on the theories of individual and social choice and general economic equilibrium. Arguing that macroeconomics is the key to understanding the modern economic system, Robert M. Solow provides an historical review of the ideas of…

Identifies some of the more essential features of the administered price thesis and discusses ways they might be integrated into mainstream economic theory. Available from: General Secretary, Economics Association, Room 340, Hamilton House, Mabledon Place, London WC1H 9BH, England. (Author/AV)

Examines the Council of Economic Advisers (CEA), paying particular attention to the role and function of its chairman. Details the chairman's responsibilities and relationship with the U.S. president, emphasizing the CEA's value as a source of information and advice unaffected by special interest pressure. (GEA)

"Toxic Waste in Grand Banks" is an assessment task in which students from a high school economics class investigate the issues of economic prosperity, environmental concerns, government intervention in the market economy, and responsible civic participation in solving community problems. Students will demonstrate an ability--both individually and…

During 1995-96, the Federal Reserve Bank of Chicago's (Illinois) Research Department carried out a comprehensive study of the Midwest economy. Researchers looked at the region's performance over the past 10-15 years to look for lessons for the future. The study included a series of academic symposia which brought together academic, private sector,…

Explores implications of declining cigar tobacco production in New England's Connecticut River Valley. Stresses the nature and causes of changing tobacco production in this region. (Author/DB)

Presents a quantitative procedure for estimating a chemical product's potential market area at a given time. The technique demonstrates to engineering students how how economic, technical and regulatory factors influence the potential markets for a chemical commodity. (Author/WB)

Describes a teaching method to explain excess burden, a key concept in the public economics field. Demonstrates that changing any relevant variable has the same effect on excess burden when viewed as an area of a triangle under a demand curve or as the value of a mathematical formula. (JEH)