This paper describes a field experiment in the classroom where principles of microeconomics students are randomly assigned into homework-required and not-required groups. We find that homework plays an important role in student learning, especially so for students who initially perform poorly in...

This paper describes a field experiment in the classroom where principles of microeconomics students are randomly assigned into homework-required and not-required groups. We find that homework plays an important role in student learning, especially so for students who initially perform poorly in...

This paper describes a classroom experiment suitable for elementary school students in which participants are actively engaged in making trading decisions. Students are provided an endowment of gum and are asked to make trading decisions to acquire chocolate. As the opportunity cost of acquiring...