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'Market failure' is a term widely used by politicians, journalists and university and A-level economics teacher and students. However, those who use the term often lack any sense of proportion about the ability of government to correct market failures. This arises partly from the lack of general...
Persistent link: https://www.econbiz.de/10013091278
The paper lists economic concepts and processes simulated in a real-time computer strategy video game, and examines their treatment and presentation. Economic material found in the game ranges from basic ideas appropriate for elementary students to formal concepts normally taught at the tertiary...
Persistent link: https://www.econbiz.de/10013075179
Education courses now involve homework assignments that require technology skill as well as domain knowledge. Yet there is little pedagogical and technological support for teaching “What” (statistical mean) while simultaneously teaching “How” (use the =average (Range) function in Excel)....
Persistent link: https://www.econbiz.de/10013038439
This paper suggests the use of Russian proverbs related to money to engage Russian-speaking students in the business classroom. Russian proverbs enhance teaching by appealing to Russian students' cultural background, by presenting ideas in a concise and memorable way, and by creating a...
Persistent link: https://www.econbiz.de/10012840914
This is an original, hypothetical case study to be used for teaching quot;arithmetically aversequot; students of all ages. Chapter one has already been posted on SSRN. This chapter, a continuation of the quot;Robin Hood and His Outliers Saga, an Introduction to Basic Statistics,quot; illustrates...
Persistent link: https://www.econbiz.de/10012724731
Most lessons about sports in relationship to personal finance and economics showcase how professional athletes mismanage their millions. However, most students tend to view these same athletes as heroes and are inspired to follow in their footsteps, despite the cautionary tales. In this paper,...
Persistent link: https://www.econbiz.de/10012902738
A new economic revolution liberating financial markets? Seeks to answer some of the questions driving the existential crisis embroiling finance: What is currency? What is value? What is a business? What is a bank, even?This article discusses how regulatory reform, transformative technologies,...
Persistent link: https://www.econbiz.de/10013021212
Economic educators interested in incorporating project-based learning can incorporate Econ Beats in their classrooms. Using student reported measures of learning we evaluate students' perception of the efficacy of Econ Beats, a project that requires students to remake popular music in to...
Persistent link: https://www.econbiz.de/10012920165
Innovative teaching in economic education has used media, music, and popular culture. We provide educators with a semester-long, interdisciplinary, collaborative, active learning project called Econ Beats. The project requires students from Economics to work with media students over an entire...
Persistent link: https://www.econbiz.de/10012931406
We extend upon Reeves (2020), who attempts to demonstrate that classical violations of the Law of Demand are in actuality the result of a violation of the ‘ceteris paribus’ assumption. For example, price changes in Giffen goods create a chain reaction from the Giffen good through a...
Persistent link: https://www.econbiz.de/10013212005