We analyse the German citizens knowledge about monetary policy and the European Central Bank (ECB), as well as the public s use of mass communication media to obtain information about the ECB. We employ a unique representative public opinion survey of German households conducted in 2011. We find...

Policy makers are interested in fostering economic growth and employment. Therefore, it is important to know how to boost innovation in an effective way. This paper investigates whether entrepreneurs with technical education are more innovative in high-tech industries than economists. The main...

In 1870 Menger, Jevons and Walras succeeded in explaining prices in a market economy. While most economists welcomed their achievement, economists of the theory of public finance split in a Great Schism. The dissent is on the two Gossen Laws on which the neoclassical revolution relies....

The aim of this paper is showing the importance of using modern communication technologies, as well as the media in educational development. The introductory will show importance of technological changes in educational development with special emphasis on the development of online learning and...

With the increasing use of technology in education, one may ask if psychological subjects with a huge amount of personal involvement are suitable for teaching within technology based learning formats. The UAS Burgenland redesigned the course “Critical Thinking” for part-time business...

Education in 2030 will undergo huge changes with generation Z in the classroom. The “real digital natives” will influence economic structures as well as the educational system due to their online behaviour and increased use of technology. Teachers at the tertiary level have to be prepared...

In this paper we study the relationship between financial literacy and self-employment. We use established financial knowledge-based questions to measure financial literacy levels. The analysis shows a highly significant correlation between self-employment and financial literacy scores. To...

Our paper does not study the rational man with his optimal choice, with his behavior once confronted with the problem of scarcity and resource allocation, nor does it study the man of cost-benefit analysis, the one of logical considerations, honest in his conclusions but free from emotional...

This study investigates how exposure to an academic field influences students major choices. In particular, we analyze whether students who are inclined to study business change their intentions after being exposed to economics or law. We exploit a natural experiment at a Swiss university. All...

This paper explores how to incorporate information visualization tools into qualitative studies to represent the underlying structure of knowledge. Information visualization plays a key role in many areas such as decision-making, data mining, market studies, or knowledge management. A case of...