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)

Asserts that, on average, women score lower on the Graduate Record Exam (GRE) Subject Test in Economics. Reports on a study of 149 student scores on the test to identify factors associated with this differential performance. Finds little support for the notion that men are simply better than women in quantitative areas. (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)

Illustrates how, using introductory-level microeconomic models, an instructor can show various economic theorists' explanations of short run employment and output fluctuations. Identifies the competing schools of thought as old Keynesian, new Keynesian, and new Classical (which includes real business cycle theorists). Includes illustrative graphs…