Inflation is often regarded as a dangerous phenomenon which poses a potential threat to economies in the world. It is thus an entity that demands the constant attention of economists, policymakers and the general public. In order to make this abstract entry more concrete and vivid, a number of metaphorical expressions are used to depict inflation.…

Laboratory is considered as one of the resources in supporting the learning process. The laboratory can be used as facilities to deepen the concepts, learning methods and enriching students' knowledge and skills. Learning process by utilizing the laboratory facilities can help lecturers and students in grasping the concept easily, constructing the…

Public choice uses the tools of economics to analyze how the political process allocates resources and impacts economic activity. In this study, the authors examine twenty-three principles texts regarding coverage of public choice, market failure, and government failure. Approximately half the texts provide coverage of public choice and recognize…

Cloze procedure is a technique generally used to assess learners' reading comprehension by deleting words based on a criterion. Learners are then asked to supply the omitted words to complete the sentences as they read the text, guessing the words that may be inserted based on the context. Cloze procedure can also be used to assess, recycle, and…

From the 1990s onwards, economics departments in Europe have changed toward a culture of "excellence." Strong academic hierarchies and new forms of academic organization replace "institutes" and "colleges" by fully equipped "economics departments." This article seeks to demonstrate how and why…

In this study, the authors report on the status of comparative economics systems in the U.S. undergraduate economics curriculum. The treatment of comparative economics systems topics in introductory courses is examined through a survey of standard textbooks. To evaluate comparative economics systems at the advanced undergraduate level, they rely…

In this article, the author discusses how graphical simulation models created using STELLA software can be used to present natural resource systems in an intuitive way in undergraduate natural resource economics classes based on his experiences at a leading research university, a state university, and a leading liberal arts college in the United…

The number of undergraduate economics degrees awarded by colleges and universities in the United States rose by 18 percent from 2007 to 2010. The upward trend ended abruptly in 2010 and was followed by three years of virtual stagnation (Siegfried 2014). In 2013-14, undergraduate economics degrees began to accelerate again, rising about 5 percent…

To be efficient and satisfied in his/her profession, a teacher needs to realize adequately his/her strengths and weaknesses. To support development of self-reflective skills by future teachers, students at Department of Economic Teaching Methodology at University of Economics in Prague were asked to write an essay called 'Why am I supposed to be a…

There is a constant challenge for online programs, instructional designers and instructors to tailor eLearning materials for different learning styles. We examined this issue by closely looking at the innovative interactive learning models at the previous AACE Conferences (Son & Goldstone, 2011, Son & Goldstone, 2012, Son & Simonian,…

An increased focus on high-impact pedagogical practices at a small, residential, higher education institution led to a grant-funded project to gather and analyze multidimensional data on 10,155 residential foreclosures in central Illinois from 2006 to 2013. Student researchers applied skills gained through academic coursework to investigate a…

The role and importance of situational methodology as one of the pedagogical tools of influence on the formation of socio-ethical values of future managers in higher schools of Ukraine and Germany have been theoretically substantiated. The possibilities of situational methodology influence on the formation of socio-ethical values of…

Several leading undergraduate intermediate macroeconomics textbooks now include a simple reduced-form New Keynesian model of short-run dynamics (alongside the IS-LM model). Unfortunately, there is no accompanying description of how the zero lower bound on nominal interest rates affects the model. In this article, the authors show how the…

The purpose of this research is to experimentally evaluate how the "flipped classroom" model used to deliver Business English, which is commonly an integral part to the ESP course at tertiary schools of Economics in Ukraine, to the students majoring in Economics fosters students' critical thinking skills and improved their academic…

The Economics Across the Curriculum approach encourages the integration of economic concepts into various disciplines. This article features the essence of the approach built on best practices described in the literature. Several creative lesson ideas for teaching about money and inflation are showcased. These lessons were field-tested by high…