The relevance of the problem stated in the article is that in conditions of nonstationary economy the modification of existing approaches and methods is necessary during the formation of the capital. These methods allow taking into account the heterogeneity of factors' change in time and the purpose of the development of a particular company,…

This paper presents a case study of the microeconomy of a typical underdeveloped village in southwest China and the role of elementary education in the village economy. The paper begins with a brief review of relevant theories on the economics of education and the current social conditions and state of education in the village under study, and…

All of the authors seem to share the perception that one can no longer expect much from macroeconomic policies. The authors of this paper share this opinion, but this should not be interpreted as the skeptical view that macroeconomic policies are ineffective on employment. They saw from the Korea's two crises how contrasting outcomes could result…

The last 10 years have witnessed numerous attempts to evaluate the merits of new theoretical approaches--ranging from Actor Network Theory to "post-structural" Political Economy and inhabiting a "post-Political Economy' theoretical space--to the explanation of global agricultural change. This article examines Convention Theory (CT)…

Debt limits, interest coverage ratios, one-off balanced budget requirements, pay-as-you-go rules, and tax and expenditure limits are among the most important fiscal rules for constraining intertemporal transfers. There is considerable evidence that the least costly and most effective of such rules are those that focus directly on the rate of…

Public colleges and universities today are more than institutions of academic study. They play a role in the economic and social life of their communities by engaging in partnerships aimed at enhancing their scope and brand image. This paper suggests these partnered activities do more than just manage costs and replace state support during…

In spring 2006, the Higher Education Council of Berks County (HECBC) conducted a study to measure the economic impact of the five colleges located in Berks County: Alvernia College, Albright College, Kutztown University, Pennsylvania State University, Berks Campus (Penn State Berks) and Reading Area Community College (RACC). Although many higher…

This chapter introduces the key economic concepts, models, and methods that can help inform institutional research in higher education. (Contains 1 table and 9 figures.)

Contends that, although most economics students are acquainted with the graphical analysis of the income and substitution effects of a price change, they often fail to appreciate that the same graphs provide information on the income elasticities of the two goods. Illustrates the proof of this concept using mathematical formulae and five graphic…

Contends that, despite ongoing criticism, Allen's arc elasticity formula remains entrenched in the microeconomics principles curriculum. Reviews the evolution and continuing scrutiny of the formula. Argues that the use of the geometric mean offers pedagogical advantages over the traditional arithmetic mean approach. (CFR)

Maintains that teachers and textbook graphics follow the same basic pattern in illustrating changes in demand curves when product prices increase. Asserts that the use of computer graphics will enable teachers to be more precise in their graphic presentation of price elasticity. (CFR)

Investigates factors that influence the short-run and long-run effects of supply-side shocks on aggregate income and tax revenues. Concludes that the long-run relationship between tax revenues and the tax rate is completely independent of price-level elasticity. (CFR)

Reports on a survey of 213 economists to determine the role feminism has played in economics and economic views. Finds that, although the number of women studying economics has increased, feminism has little impact on scholarship in economics. Discusses the reasons for this lack of impact. (CFR)

Reports on a study of the economic literacy of 942 adults and compares the results with the economic literacy of high school students. Finds that high school students outscored the adults. Also finds that adult scores were related positively to both the level of education achieved and the completion of an economics course. (CFR)

Contends that the traditional approach to the economics of pollution deals only with the special case of damage coming from the per-period flow of the pollutant. Examines the limitations of the traditional flow approach. Summarizes fundamental advances in the economic theory of stock pollutants using graphical descriptions. (CFR)