In most economics principles textbooks, the GDP chart is presented as a descriptive tool. Its full potential as a teaching aid is minimally utilized. In this […]
To demonstrate applications of economics to real life, and especially to the business world, we present the stories of three popular businesses that have faced challenges, […]
Economists are increasingly using pop culture clips to supplement their teaching. HBO’s drama Succession offers a unique perspective by following a family who owns a media […]
Deliberate practice, in contrast to innate talent, emphasizes the pivotal role of high-quality, focused practice in achieving expertise. This paper presents a method for implementing deliberate […]
This article explores the innovative use of superheroes, specifically Spider-Man, as didactic tools to teach economic concepts, focusing on the economics of crime. Leveraging the global […]
Supply-side examples in principles of microeconomics textbooks typically involve manufacturing processes. While these examples may adequately establish the market structure and model in question, they often […]
This paper describes an innovative approach to increase the diversity of students majoring in economics. The approach involves a virtual research seminar series called “Economics is […]
Teaching economics with real-world examples that students can relate to increases understanding, interest in economics, engagement, and retention. We provide four lesson plans in which we […]
In this lesson, students are taught the concept of expected value. Two example problems are provided to teach the concept of expected value. Students are then […]
This game intuits the concept of short-run production and costs by having the students play the role of a paper airplane manufacturer. By measuring costs in […]
