The author describes a classroom activity in which macroeconomics principles students actively learn how banks create money by making loans and how changes in the required reserve ratio impact the money supply. The instructor uses game pieces and money from the well known Monopoly® board game...

The Advanced Placement (AP) economics education program serves thousands of high school students each year, many of whom receive college credit upon successful completion of an AP economics exam. The AP curriculum, and tests, are not explicitly tied to a set of economic learning objectives. In...

With the changing blueprint of responsibility in management education, institutions of higher education are becoming more and more focused on performing well beside a growing number of metrics. Many used as alternative measures to specify value of educational experience, amongst the most common...

Students in economics classrooms are increasingly digital natives, raised in a culture of engagement, expression and learning through online interactions using technological devices. We have turned the concept of a ‘selfie’ into an instructional tool for students to demonstrate their...

Creating complex thinkers amongst a student body with developing critical thinking skills require strategies that help the student hold diverse views, understand alternative perspectives and be able to evaluate them. This paper describes a sequence of active learning activities centered on the...

The pedagogical value of graphical representations and analyses (GR and GA) in economics education is examined in a framework of top-down and bottom-up processes of thinking. We argue, with the support of two illustrative examples, that they are useful to the extent that they provide bridges...

This study investigated the current situation of the Philippine economy concerning Foreign Direct Investments (FDIs). Barriers to foreign direct investment (FDI) in the Philippines are highly restrictive. The Foreign Investment Act (R.A. 7042, 1991, amended by R.A. 8179, 1996) states that at...

While this may appear to be a good opportunity to bring real-life examples into the classroom and show how economics applies during a global pandemic, we advocate instead for a more cautious approach. One of the joys of teaching economic is that it can be applied to “everyday life,” but...

Background: Constant integration of digital technologies in economic and social life is rapidly and significantly shaping and changing our environment and ourselves. To function in such a world, even in daily routines, it is necessary to possess certain digital competencies. Objectives: This...

This paper uses the film Crazy Rich Asians (2018) to illustrate an active-learning technique for teaching game theory in introductory classes. Burke, Robak and Stumph (2018) show that using popular films in class is an effective way to teach core game theory concepts. We build on this work by...