Economics students have been shown to exhibit more selfishness than other students. Because the literature identifies the impact of long-term exposure to economics instruction (e.g., taking a course), it cannot isolate the specific course content responsible; nor can selection, peer effects, or...

This paper evaluates the use of specialist software within university trading rooms in order to enable students to experience a simulated environment which allows them to gain an appreciation of "real life" decision-making within the finance and banking industry and become familiar with...

Women are underrepresented in economics. This underrepresentation concerns undergraduates, postgraduates, and tenured academics and increases as one climbs the academic ladder (See e.g. Ginther & Kahn 2004, Fraumenti 2010, 2009, Rask & Tiefenthaler 2008, Toivanen 2009).This paper proposes a...

The Queen of England famously asked her economic advisers why none of them had seen it (the global financial crisis) coming. Obviously, the answer is complex, but it must include reference to the evolution of macroeconomic theory over the postwar period - from the Age of Keynes, through the...

We measure levels of numeracy and financial literacy in the Swedish population and link these to participation in two key asset markets: stocks and housing. Many adults have low levels of both numeracy and financial literacy, with large differences between demographic groups. Numeracy is...

The DL-Trading Game is a new, open-source, instructional trading game developed to teach and assess finance at the introductory undergraduate through MBA levels. Teaching portfolio management and employing market models such as CAPM, students cannot have a practical understanding of the concepts...

Students frequently experience difficulty in identifying the appropriate time value of money (TVM) technique to apply to a TVM problem. This paper offers a modification of a recently published TVM technique developed by Jalbert (2002) in order to help students understand and solve TVM problems....

This paper tries to investigate the economic consequences of a scenario where the EU imposes economic sanctions on Sudan. The idea of the paper is motivated by the deteriorating relations between Sudan and EU endorsed by the devastating conflicts in Darfur region and its related implications in...

Students are known to experience significant amounts of stress and challenges during their academic pursuit at college. This study explores a way to enhance student satisfaction by incorporating a concept called perceived control to the existing service quality model. To be specific, this study...

In this fifth article in the Economists' Hubris series, we investigate the practical applications of eight papers that won best-article awards in 2008 and 2009 from the Journal of Finance or the Journal of Financial Economics, the two leading journals in finance. We find that these articles are...