The Federal Reserve (the Fed) is the central bank of the United States. It has a congressional mandate to promote maximum sustainable employment and price stability. In normal times, the Fed seeks to achieve this mandate by setting the position or "stance" of monetary policy, primarily by managing the level of short-term interest rates.…

The literature has been enriched by studies examining the effect of entrepreneurship education on entrepreneurial or goal intention. Yet, few articles have considered how entrepreneurship education affects nascent entrepreneurship as a more sought-after outcome. Similarly, some scholars assess entrepreneurship education as an aggregate rather than…

The authors present a version of the Diamond-Mortensen-Pissarides model of unemployment that is accessible to undergraduates and preserve the dynamic structure of the original model. The model is solvable in closed form using basic algebra and admits a graphical representation useful for illustrating a variety of comparative statics. They show how…

In this article, the authors describe the Miller Upton Programs launched by the Beloit College Department of Economics in 2008. The programs aim to advance student understanding of the nature and causes of wealth and well-being. After describing the programs' core elements, the authors discuss ways in which they leverage economic discourse as a…

This study has experimentally tested how the introduction of simulations, adapting the experience of higher educational institutions of the United States, including the elements of gamification, in the training course Professional Foreign Language stimulates the educational activity of students at higher educational institutions of Ukraine…

Economics and business students are taught that sunk costs are irrelevant to their decisions. Yet, there is ample evidence that managers fail to integrate this simple rule and fall prey to what is known as the sunk-costs bias. To mitigate cognitive biases, such as the sunk-cost bias, educators must raise students' awareness of these common…

The author analyzes differences in student performance in an economics course offered face to face (F2F) and online over a period of four semesters at a comprehensive public university. Apart from mode of delivery, the characteristics of the course stayed nearly identical throughout. Exam and homework assignment scores are used as measures of…

The paper considers project work as a form of individual student activity in the course of English for specific purposes (ESP). This type of work contributes to the acquisition of professional knowledge and the search for certain information for solving practical problems and, thus, activates cognitive activity. The implementation of the project…

This piece builds upon literature using media to teach not only college students in economics, social justice, and sociology, but also those college students in family and interpersonal communication as well. I provide a resource aimed to engage and expand students' understanding thoughtfully of two well-known family communication and…

This paper reports on a professional learning (PL) project conducted over one year at a senior secondary school in New Zealand. Subject teachers volunteered to work with one another and a facilitator to identify the linguistic demands of their subjects, adapt teaching materials, and try out teaching approaches congruent with research evidence…

In this study, the author describes a classroom experiment on new trade theory appropriate for undergraduate international economics and trade courses. Students portray U.S. and Japanese automobile manufacturers with different average cost schedules. There are five rounds in the experiment, starting with autarky in the 1960s and ending with the…

In recent years many changes have taken place in the Spanish University system and, as a consequence, the university lecturer's role has evolved and a new teaching style prevails. The present paper focuses on University teachers of Economics and Business studies. It explores the teachers' perception about the new methodologies that they have…

The author discusses how to teach students to extend economic models using in-class scaffolding assignments, supported by discussions and workshops. Methods include discussions of a model's strengths and weaknesses; small group, in-class assignments that provide steps toward model extension; informal presentations of the work resulting from these…

Teaching about economics and business has a long tradition in geography. Planning the optimal site for a business or service in a community; examining the demographics and behavior of a certain target market; studying supply chain management to build a specific product such as a mobile phone or a piece of furniture; and examining median income by…

Introductory textbooks teach a simple normative story about the importance of maximizing economic surplus that supports common policy claims. There is little defense of the claim that maximizing surplus is normatively important, which is not obvious to non-economists. Difficulties with the claim that society should maximize surplus are generally…