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Traditionally, students of economics have often been told that it is a non-experimental science. Using a quantitative and qualitative analysis of introductory economics textbooks, we track the historical evolution of this rhetoric from 1970 to the present day. We find that anti-experimental...
Persistent link: https://www.econbiz.de/10012297595
Persistent link: https://www.econbiz.de/10001534009
This paper critically evaluates two different approaches to teaching macroeconomics at the undergraduate level through the comparison of two popular, recent handbooks: Olivier Blanchard's Macroeconomics (2021) and William Mitchell, Randall Wray and Martin Watts's Macroeconomics (2019). These...
Persistent link: https://www.econbiz.de/10013279920
Popular wisdom holds that publishers revise college textbooks mainly to kill off the secondary market for used books. While this behavior might be profitable if consumers are myopic, uninformed or have high short-run discount rates (that exceed the publishers'), neoclassical authors have noted...
Persistent link: https://www.econbiz.de/10013212612
This paper compares retrospective and prospective analyses of the effect of flip charts on test scores in rural Kenyan schools. Retrospective estimates that focus on subjects for which flip charts are used suggest that flip charts raise test scores by up to 20 percent of a standard deviation....
Persistent link: https://www.econbiz.de/10013313228
Popular wisdom holds that publishers revise college textbooks mainly to kill off the secondary market for used books. While this behavior might be profitable if consumers are myopic, uninformed or have high short-run discount rates (that exceed the publishers'), neoclassical authors have noted...
Persistent link: https://www.econbiz.de/10012467258
This paper compares retrospective and prospective analyses of the effect of flip charts on test scores in rural Kenyan schools. Retrospective estimates that focus on subjects for which flip charts are used suggest that flip charts raise test scores by up to 20 percent of a standard deviation....
Persistent link: https://www.econbiz.de/10012470713
Persistent link: https://www.econbiz.de/10012390228
The U.S. college textbook market is in the midst of a seismic shift: publishers are creating new products, students are demanding more sophisticated digital content and instructors are just beginning to experiment with easily customizable, low-cost “open” textbooks. Although this industry...
Persistent link: https://www.econbiz.de/10014181044
In this paper, it is argued that the college textbook market provides a clear example of monopoly seeking as described by Tullock (1967, 1980). This behavior is also known as rent seeking. Since this market is important to students, this example of rent seeking will be of particular interest to them
Persistent link: https://www.econbiz.de/10014073590