Few of the popular British economics textbooks make more than passing mention of finance houses. The role of finance houses in the British economy is reviewed. (Author/RM)

Considers two alternative views of competition found in the economics literature. The author demonstrates that these alternative views of competition underlie alternative views in other areas of economics, including welfare economics and micro-economic policy. Implications for college students and teachers are examined. (Author/AM)

Intended as an aid to college level economics teachers, this article traces the theoretical development of the accelerator principle, as applied to investment theory. It also reviews the many investment theories that have utilized the accelerator principle for empirical testing and summarizes some of their findings. (Author/RM)

Presents a case study dealing with open versus closed markets for use in college economics classes. Using the example of the taxi license monopoly in Dublin, Ireland, students examine how theories of supply and demand explain the characteristics of open and closed markets. (AM)

This article presents a framework for use in applying supply and demand analysis to everyday economic problems. The five step procedure is presented and demonstrated on fictitious government proposals to place a tax on glue sales and fix a maximum legal price for bread. (JDH)

Reviews of 10 recent books and one new journal ("Catalyst: A Journal of Policy Debate") are provided. Topics of the books reviewed include: economics in modern Britain, world economics, the mixed economy, Milton Friedman's thought, British industry, economic issues, and London as a financial center. (JDH)

Intended to give college economics students insights into the problems of demand management, this game involves students in manipulating government expenditure, with incomes policy and devaluation options, to try to secure the objectives of full employment, low inflation, and an acceptable balance of payments position. (RM)

A model which provides a valuable framework for helping college students in introductory economics courses appraise development strategies in Third World countries is presented. (Author/RM)

Tips for taking economics tours abroad are provided and advantages and gains for students are illustrated through a tour of British economics students to Norway. (RM)

Demonstrates a trade-off relationship between price inflation and unemployment known as the Phillips Curve. A method for teaching this relationship in college economics classes is presented. (AM)

The article argues that economics education at the undergraduate level should deal less with math and theory and more with the practical solutions to economic problems. A publication of the Economics Association, the journal is available from Economics Association, Room 340, Hamilton House, London WC1H 9BH. (Author/RM)

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)

Describes the nature of spreadsheets and illustrates how they may be used by economics teachers. Provides advice on choosing a spreadsheet and reviews the British spreadsheets: Vu-Calc, Beebcalc, Quickcalc, Viewsheet, Ultracalc 2, and Intersheet. (Author/DH)

Discusses the Economics Education 16-19 Project in the United Kingdom. Explains that the purpose of the project is to create a flexible economics education framework for all 16-19 students. Describes project goals as a return to first principles, an attempt to secure necessary institutional changes, and enable economics teachers to access the…

Describes how hypothetical data that is pictorially illustrated can be used to explain to secondary and college level students the basic concepts underlying two topics that are central to macro-economic analysis--the simple investment multiplier and credit creation in a multibank system. (RM)