This lesson plan features a classroom simulation that helps students understand the characteristics of a market economic system. The lesson plan states a purpose; cites student objectives; suggests a time duration; lists materials needed; and details a step-by-step teaching procedure. The "Paper Airplane Challenge" handout is attached. (BT)

The 66th and 67th Texas legislatures mandated that an economics course with an emphasis on the free enterprise system and its benefits be a required course for all students graduating from Texas high schools. This paper presents an analysis of the 1982-1988 textbooks adopted for that course. The key concepts evaluated were: definition of…

Presents an bibliographic essay of recent empirical research in industrial organization. Examines topics such as the econometrics of markets with imperfect competition, technology and industry structure, industry evolution, and industry studies of regulation. (CFR)

Discusses how Russian vocational-technical education should be funded and proposes four possible scenarios. Recommends a privatization procedure in which an individual or a group of employees of a vocational school would purchase the institution from the government. (CFR)

Reports on an interview with the director of Secondary Specialized Education in Russia. Finds concern about the lack of appropriate educational funding to support changes necessary to produce students for a market economy. Calls for more training in economics, marketing, finance, and insurance. (CFR)

Discusses Russian political and economic changes and the impact on public education. Questions whether the emphasis on teaching ideas and new instructional methods is better than the work experience programs under the Soviet educational system. Concludes that the nation must maintain the labor training of students within school programs. (CFR)