This paper documents our first large scale use, in 2016-2017, of a pair of instruments rigorously developed and piloted during the 2015-2016 school year to validly […]
Are fairy tales merely bedtime stories that offer amusement and wisdom for children, or are they stories about how rational individuals (in a world of magic) […]
Most undergraduate macroeconomics courses do not address the precautionary motive, an essential factor behind savings decisions. This motive arises when future income is uncertain; consequently, we […]
This manuscript outlines an experiential learning technique in which students integrate a beyond-the-classroom experience with the theories learned in the classroom in an Economics of Sustainable […]
The production possibilities curve is an important tool of economics pedagogy. Textbook presentations of this construct, however, appear to rely exclusively on theoretical examples and exercises […]
This article illustrates and outlines a series of activities that undergraduate economics professors could use to introduce their principles and upper-level students to topics related to […]
This paper builds on the existing literature, to expand the stock of “chalk-and-talk” alternatives and reduce the cost of implementing such alternatives. Specifically, the paper proposes […]
In this paper, we present an application where advanced undergraduate students can solve the expected utility portfolio model with a risk-free asset and a risky asset […]
This paper explains how to use a game (“DevSim”) built using PowerPoint with an embedded Excel spreadsheet. DevSim plays out key structural changes studied in development […]
Economics instruction is moving away from lecture and “talking at students” toward engaging student activities in which students discover economic concepts through interactive demonstrations. This paper […]