The author of this article describes an exercise for introductory economics courses in which students are exposed to the breadth of economic study using JEL codes. JEL codes have historically been used to classify economic subject matter and ultimately document the ever-evolving scope of economics. This discussion assignment provides an…

The author of this article demonstrates how the unified approach to answering economic questions employed in modern quantitative macroeconomics research can be taught to undergraduate students using the Solow model. Through an application to post-WWII Japan, students get hands-on experience with (1) documenting empirical facts, (2) developing a…

Undergraduate economics degrees awarded by U.S. colleges and universities increased almost 12 percent from 2013 to 2015, then stabilized at a little above the 2015 level until 2018, after which they began an accelerating decline over the past 4 years to end back at 2015 levels.

The use of experiments in the undergraduate economics classroom has been shown to have pedagogical value in increasing student learning and engagement, but the startup costs of adopting classroom experiments can be high for instructors. This article serves as a guide to adoption for the first-time user of computerized (online) classroom…

The author describes an assignment in an undergraduate game theory course in which students work together in class to develop a computer algorithm to identify Nash equilibria. This assignment builds basic computer science skills while applying game theory knowledge to real-world situations. Students work as a team to delineate the steps and write…

The importance of creativity for survival in modern society is well recognised. However, the development of creative thinking skills through formal education still needs more attention, and the assessment of creative thinking skills using valid models in higher education is under-researched. Our paper presents the deficits and improvements in…

The authors of this article explain how two Veconlab class "experiments" can be used to clarify common points of confusion about the cost curves (sunk, marginal, and average). In each case, the experiment can be motivated, framed, or explained with environmental policy applications that are provided in the suggestions-for-discussion…

Perceived failure in academic performance can lead to differing outcomes for students. Depending on the coping strategies that they choose, students may improve or worsen their performance. This study examined the relationship between affective components and coping strategies in college students' responses to perceived academic failure and their…

Undergraduate economics programs prepare students for future careers by developing competency working with data, or "data literacy." Our research examined the data literacy components of undergraduate economics programs at R1 and R2 universities in the United States (N = 190). We developed a protocol with core data skills and coded…

The authors of this article propose a simple exercise of monopoly pricing to illustrate complex theoretical results on the welfare effects of group pricing. By exposing students to this exercise, they aim to bridge a gap between the standard textbook analysis of group pricing and more general results in the literature and clarify some students'…

The authors describe an asymmetric information demonstration that assigns students different probabilities of incurring healthcare expenses. In each round, students choose whether to purchase insurance; then, the instructor randomly determines who gets "sick." After computing insurer profits, students help determine a new insurance price…

Instructors may use low-cost, light-touch strategies to help students achieve optimal effort in demanding upper-level courses. The authors of this study exploit an intervention that provides a series of personalized feedback emails to students about their relative performance, which is tied to approving messages or tips that encourage improvement.…

The "Issues in Political Economy" (IPE) journal and related conference sessions were established in the early 1990s as outlets for undergraduates to present and publish peer-reviewed research in economics. By providing opportunities to attend and present at professional conferences, referee papers, and edit journal issues, IPE reflects…

In this study, an alternative method of addressing the problem of high plagiarism in graduation theses is proposed, which results in low motivation among candidates as well as supervisors. Using international experience in training economics specialists, particularly those not commonly implemented in Kazakhstan, the researchers propose a new…

Cooperative learning is associated with a variety of potential benefits to students, including better comprehension and retention, improved perceptions and attitudes, and increased openness to diversity. Yet, there is limited evidence or instruction on cooperative learning activities in asynchronous online classrooms, an increasingly common course…