Presents the results of a study suggesting that economic knowledge, whether measured by a general score or knowledge of a particular issue, is the most consistent and influential factor affecting public opinion. Surveyed a broad range of participants concerning five complex issues of economic policy. Includes questions, tables, and statistics.…

Illustrates how, using introductory-level microeconomic models, an instructor can show various economic theorists' explanations of short run employment and output fluctuations. Identifies the competing schools of thought as old Keynesian, new Keynesian, and new Classical (which includes real business cycle theorists). Includes illustrative graphs…