Describes interest in the behavior of random processes with positive feedback. Explains that simulation of the law of large numbers with increasing amounts of feedback makes instruction of random processes with positive feedback possible for undergraduate students. (RLH)

The authors measure math skills with a broader set of explanatory variables than have been used in previous studies. To identify what math skills are important for student success in introductory microeconomics, they examine (1) the student's score on the mathematics portion of the ACT Assessment Test, (2) whether the student has taken calculus,…

This chapter introduces the key economic concepts, models, and methods that can help inform institutional research in higher education. (Contains 1 table and 9 figures.)

This document consists of two booklets, one for teachers and one for students. These booklets are part of the Elementary School Program of Junior Achievement, Inc. where students learn about their roles as individuals, workers, and consumers. The booklets are designed to provide practical information about businesses and the many occupations found…

This document consists of two booklets, one for teachers and one for students. These booklets are part of the Elementary School Program of Junior Achievement, Inc. where students learn about their roles as individuals, workers, and consumers. The booklets are designed to provide practical information about people, businesses, and services in a…

This book opens with an exploration of the fundamental trilogy of economics - scarcity, choice, and cost. Students then examine the broad social goals of an economy in preparation for lessons treating many topics new to the precollege level such as the stock market, public choice, and aggregate supply and demand. The set of 20 lessons include: (1)…

Argues that microeconomics principles courses are structured around an approach to policy that avoids many controversial but central policy issues including: the interplay of moral issues and efficiency; questions of consumer sovereignty; and questions of the interrelation between measures of efficiency and income distribution. Suggests a dual…

Investigates the relationship between student absenteeism during a principles of microeconomics course and subsequent performance on examinations. Finds that students who missed class on a given date were significantly more likely to respond incorrectly to questions relating to material covered that day than students who attended class. (RLH)

Examines how much time is spent in economics and management sciences programs; how much time is allocated among different courses within programs; what common thematic denominators exist; and whether and in what way content in microeconomics and macroeconomics courses differs. (RLH)

Illustrates how a simple discontinuity in an individual's demand curve, or inverse-demand curve, affects the shape of market aggregate curves. Shows, for private goods, that an infinitesimal change in quantity can lead to large changes in consumption patterns; for collective goods, the analysis suggests a theory of coalition building. (DSK)

Provides comments by Nobel laureate Paul A. Samuelson, Harold W. McGraw Jr., William D. Nordhaus, Orley Ashenfelter, Robert M. Solow, and Stanley Fischer on Samuelson's introductory textbook "Economics," as presented at the 1998 American Economic Association meetings in Chicago (Illinois). (CMK)

Describes a classroom experiment in which students see how competitive markets underproduce in the presence of a positive externality. States that this experiment is used in a principles of economics course to introduce the idea of market failure. Explains that participants take the role of buyers of education, sellers of education, or interested…

Discusses the theory of microeconomic efficiency measurement, including frontier efficiency-measurement techniques; reviews the research measuring inefficiency in education; discusses the determinants of educational efficiency; includes table listing author, methodology, inputs and output, analytical techniques, and main findings for 28 studies of…

This document consists of two booklets, one for teachers and one for students. These booklets are part of the Elementary School Program of Junior Achievement, Inc. where students learn about their roles as individuals, workers, and consumers. The booklets are designed to provide practical information about people, businesses, and services in a…

This document consists of two booklets, one for teachers and one for students. These booklets are part of the Elementary School Program of Junior Achievement, Inc. where students learn about their roles as individuals, workers, and consumers. The booklets are designed to provide practical information about businesses and the main occupations found…