Explains the economic concept of Rational Expectations (RE) and demonstrates how it can be introduced to British 'A' level students. Illustrates the implications of RE for the Cobweb and Augmented Phillips Curve market models. Outlines some attractions and limitations of rational expectations. (Author/DH)

Offers a revision exercise intended to remind students of some economic terminology associated with taxation and welfare. Provides a set of definitions for which students are to supply matching terms. Includes an answer list and suggests related exercises. (SG)

Presents a classroom exercise which illustrates consumer equilibrium, the equimarginal principle, indifference curves, and income and substitution effects. States that students gain a better consumer equilibrium by linking together these elements of economic analysis. (GEA)

Presents a review exercise requiring students to sort diagrams and descriptions of price elasticity of demand. Reports that students are given jumbled diagrams and explanations that they must arrange in proper form. Reveals that some items are designed as distractors. (SG)

Presents exercises that introduce issues of advertising. Activities are designed for a variety of levels. Uses recent advertising data from a number of large corporations. Provides information concerning additional resources. (KO)

Presents three exercises using business and economic courses which introduce basic production theory to teach about the use of technology. Includes an illustration of production methods and a text passage with corresponding questions. (GEA)

A computer program and simulations that can be used to help college economics students understand dynamic economic processes are described. (RM)

Two computer programs that simulate the multiplier and accelerator processes are described. The simulations can be used in college-level economics classes or by pupils using their own personal computers at home. Very little knowledge of programing is required to implement the simulations. (Author/RM)

Describes the Economics Education 14-16 Project in which exemplary materials were disseminated to preservice teachers through a teacher education program at Hull University and Manchester University. Concludes with illustrations of the exemplary materials that were produced by experienced teachers and preservice students. (LS)

Shows how the concepts of consumer's surplus and producer's surplus can be related to basic welfare economics. Provides illustrations of the ways in which these concepts can be applied in introductory economics courses. Examines the social cost of monopoly, the tax burden, free trade, tariffs, and the English Channel Tunnel. (KO)

Discusses British economics education between 1951 and 1991. Reports the scarcity of economics courses and materials during the 1950s, growth the discipline in the 1960s, the inception of the Economics Association's 14-16 Project during the 1970s, and the increased curriculum integration of the 1980s. Examines prospects for economics education in…

Presents a case study of a dry cleaning firm that can be used as a classroom activity. Provides a 12-question exercise based upon data collected. Activities are designed for both individuals and groups. (KO)

The principle of the multiplier-accelerator interaction is explained, and how a computer program to model it can be developed is shown. A series of simulations that can be used to explore the model's behavior are suggested. The simulations can be used in college-level economics classes. (Author/RM)

Describes ways in which databases can be used in economics and business education classes. Explores arguments put forth by advocates for the use of databases in the classroom. Offers information on British software and discusses six online database systems listing the features of each. (KO)

Encourages using spreadsheets to teach college economics because of their capacity to depict economic models, strengthen logical ability, and manipulate large amounts of data. Lists spreadsheet packages that are available and offers detailed instruction through graphs on how to design and interpret spreadsheets for classroom use. (CH)