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Im Rahmen der Vorlesung "Volkswirtschaftslehre und -politik" hat die Fakultät Betriebswirtschaft der OTH Amberg-Weiden ein Projekt gestartet, um die Wirkungen einer neuen Lernplattform auf das Studienergebnis zu untersuchen. In Verbindung mit der Implementierung der Lernplattform erfolgte auch...
Persistent link: https://www.econbiz.de/10012140527
In this article, I provide a general model to incentivize student involvement in an economics course on an ongoing basis. Rather than presenting students with a discrete number of diverse experiments to illustrate different economic concepts, I opt for the adoption of a single experiment that...
Persistent link: https://www.econbiz.de/10013130079
In this paper, we present a novel framework for macroeconomic analysis, which tries to incorporate recent theoretical developments into a model describing an open economy. The model includes a monetary policy rule instead of the LM function together with an aggregate supply function derived from...
Persistent link: https://www.econbiz.de/10013084173
Flowcharts are an invaluable tool for explaining complex mechanisms. They are used in Biology, Chemistry and many other disciplines as a teaching tool, as well as in research. However, flowcharts are hardly used in economics. This paper suggests that flowcharts could supplement graphs and...
Persistent link: https://www.econbiz.de/10013088638
An intuitive approach to the mathematical aspects of expenditure and money multipliers helps improve macroeconomics students' comprehension and performance. It places the material on a higher plane, promoting confidence in their economic reasoning, especially crucial for those lacking confidence...
Persistent link: https://www.econbiz.de/10012730626
After the financial crisis, macroeconomics became an unsettled discipline raising pedagogical challenges as to how to teach principles courses. This article concerns a principles of economics course that was initially taught with traditional methods. After students performed poorly during the...
Persistent link: https://www.econbiz.de/10012960894
Teaching Dynamic Macroeconomics at undergraduate courses relies exclusively on intuitive prose and graphics depicting behaviours and steady states of the main markets of the economy. But when the case of forward-looking agents and the macroeconomic implications of their actions are discussed,...
Persistent link: https://www.econbiz.de/10012899435
The canonical neoclassical model is insufficient to understand business cycle fluctuations in emerging market and developing economies (EMDEs). I reformulate the models proposed by Aguiar and Gopinath (2007) and Neumeyer and Perri (2005) in simple settings that can be used to do...
Persistent link: https://www.econbiz.de/10012970226
The commonly used method for representing macroeconomics as a social system is by assuming the existence of a number of agencies (or entities) and of their various connecting links. In practice this is achieved and illustrated by the use of a block-and-flow diagram. For the case being considered...
Persistent link: https://www.econbiz.de/10012971831
Unfamiliar with aggregate concepts like gross domestic product and inflation, many introductory students struggle to understand the big ideas in macroeconomics. Macroeconomic educators typically respond with boring lectures aimed at bringing students up to speed; or, by jumping to the interesting...
Persistent link: https://www.econbiz.de/10013059429