In elementary economics courses students are often introduced to the basic concepts of macroeconomics through very simplified static models, and the concept of a macroeconomic equilibrium is generally explained with the help of an aggregate demand/aggregate supply (AD/AS) model and an income/expenditure model (via the Keynesian cross diagram).…

A multimedia course in economic analysis was prepared and used in conjunction with the United States Naval Academy. (ED 043 790 and ED 043 791 are the final reports of the project evaluation and development model.) This report provides a list, by course segment, of summarized behavioral objectives for the course with their associated learning…

The fifth volume of the multimedia, individualized course in economic analysis produced for the United States Naval Academy covers segments 65-79 of the course. Included in the volume are discussions of monopoly markets, monopolistic competition, oligopoly markets, and the theory of factor demand and supply. Other segments of the course, the…

Students' fascination with sports can help turn them on to economics--or any other subject they might otherwise consider "dull." (Author)

Lists 55 free or inexpensive periodicals which may be used to provide current data for undergraduate economics courses. The list is divided into standard sources, federal reserve publications, selected bank newsletters, selected government newsletters, selected not-for-profit institutions, and miscellaneous. (JDH)

Reports research which indicates current economics curricula fail to significantly influence student commitment to the normative foundations of the free enterprise system. Demonstrates how schools have potential for teaching economic values to youth. Concludes economic education should include latent and manifest curricula to better develop…

Argues for replacing the liquidity-preference approach with the loanable-funds approach in introductory macroeconomics courses. Claims the loanable-funds model allows students to see more clearly relationships between such economic concepts as fiscal policy and interest rates. Illustrates how this model can be used to describe the movement from…

Explores the role of marketing in the modern firm and the key tasks of marketing management. Defines the term "marketing" and discusses it as an economic concept. Discusses three key marketing principals. (RKM)

Elucidates general principles that need to undergird economics textbooks. States that they should at least provide a combination of data and theory, where the theory explains the data which, in turn, illustrates the theory. Concludes that texts should transmit real knowledge of complex systems and economies so that future disastrous mistakes might…

Focusing on areas of contention, the author responds to "Principles of Economics Textbooks: Innovation and Product Differentiation" by Stiglitz. Contends that Stiglitz's description of principles textbooks is insufficient, states that the textbook market is more oligopolistic than monopolistic, and cautions writers against deleting parts…

Among the activities mentioned are: the initiation of a three-year national research study on high school seniors; the revision of the Test of Economic Literacy; the development of a new scope and sequence document; and the completion of teacher and administrator training manuals for use with the audio-visual material entitled "Economics…

Neither short-run nor long-run price stability is a necessary state of affairs under a gold standard. This conclusion results from an examination of possible differential rates of productivity growth in the gold and non-gold producing sectors. (Author/RM)

Describes a simple activity where students staple sheets of paper together into packets in order to demonstrate the concepts of labor specialization, the production curve, diminishing marginal product, and fixed inputs. (JDH)

Teachers of business law have many opportunities to integrate basic economic principles into their business law classes and therefore contribute to students' economic as well as legal literacy. Discusses a number of specific learning activities resources. (JOW)

This introductory lesson on teaching economics concepts contains sections on the following: purpose; objectives; time; materials needed; and step-by-step classroom procedures. The focus is on the economic problem of scarcity and opportunity costs. Attached is an original skit, "There's no such thing as a free lunch," and a chart that…