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The teaching of economics at the high school level is vital for increasing basic economic literacy. This assessment of high school economics in the United States covers seven topics: enrollments in courses; course content; the testing of students; achievement in economics courses; economics...
Persistent link: https://www.econbiz.de/10005756953
In their critique of the Test of Economic Literacy (TEL), Nelson and Sheffrin draw the conclusion that the TEL is an ideological test. In making their case, however, they neglect to cite the TEL Examiner's Manual by John Soper and myself (1987). In the 67 pages of that achievement test manual...
Persistent link: https://www.econbiz.de/10005560713
The Test of Economic Literacy (TEL), is a standardized multiple choice test developed under the auspices of the Joint Council on Economic Education with esteemed economists in an advisory role. The Test of Economic Literacy (TEL) is administered in many high school economics courses both to...
Persistent link: https://www.econbiz.de/10005562985
Average grades in colleges and universities have risen markedly since the 1960s. Critics express concern that grade inflation erodes incentives for students to learn; gives students, employers, and graduate schools poor information on absolute and relative abilities; and reflects the quid pro...
Persistent link: https://www.econbiz.de/10010812535
This paper uses the technique of experimental economics to set up a classroom situation where students learn to make Bayesian decisions. The exercises allow students to discover for themselves a natural counting heuristic that corresponds to Bayes's rule and is much quicker to use in many...
Persistent link: https://www.econbiz.de/10005756803
Traditionally econometrics and economics statistics have been taught in the theory and proof, chalk and talk mode commonly found in the teaching of mathematics. We advance the use of computer technology in the teaching of quantitative methods to get students actively engaged in the learning...
Persistent link: https://www.econbiz.de/10005756862
Instructors can begin the process of integrating race and gender issues into introductory economics by reexamining their courses with a new lens of diversity. The content of introductory economics can be expanded by 'adding and stirring' race and gender data from standard statistical sources or...
Persistent link: https://www.econbiz.de/10005756888
A reflection of the economics profession through Paul Samuelson's Economics. Samuelson offers an uneasy mix of laissez faire in micro and government interventionism in macro. In earlier editions, Keynesian thinking dominated, with an antisaving, progovernment bias and a need for an activist...
Persistent link: https://www.econbiz.de/10005756925
At war's end, introductory economics textbooks were overdue for a revolutionary advance. Change conspired to tempt the author to bring to the beginning course the rudiments of Keynesian macroeconomics. The impact was explosive. In reaction to criticisms of the subsequent evolutionary revisions,...
Persistent link: https://www.econbiz.de/10005756982
Persistent link: https://www.econbiz.de/10005819920