Based on some longitudinal studies of private tutoring in twelve cities, towns, municipalities and provinces of China, the paper endeavours to depict demand intensity, articulate market parameters and reflect on policy responses towards the demand-supply mechanism of the vast shadowy educational phenomena at primary and secondary levels. Such…

Vietnam has made remarkable progress over the past two decades in its transition to a market economy resulting in numerous changes to both its social and economic institutions. It is a nation at peace focusing on economic development and integrating into the world economy. Although the tragic events in Vietnam's history cannot be forgotten, the…

Argues that instructors may mislead students when they credit efficient performance as flowing entirely from competition. Distinguishes between competitive behavior and market structure; refines the implications of opportunity cost and profit; and derives useful conclusions about the nature and sources of productive and allocative efficiency. (DB)

Limitations of the market-economy model for organizing research in certain areas of knowledge, particularly the humanities, are discussed. A perspective in which knowledge is treated as a gift to society rather than a free-market commodity is outlined, and it is concluded that humanities and other research should be organized accordingly. (MSE)

This guide presents a 139-item bibliography of books and articles on the school of thought known as the Austrian school of economics. The first nine of the ten sections contain bibliographic entries, classified by topic. Part 1 is an introduction to Austrian economics, listing sources on the school in general and on three principal members. Each…

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)

Suggests that intermediate microeconomic theory instruction should emphasize individual elements of the topic as part of a general equilibrium model. Summarizes a model that can be used to highlight the unifying thread running through the subject. Discusses the submodels of the market, the consumer, the firm, and the economy as a whole. (SG)

This lesson plan helps students understand the role consumer demand plays in the market system, i.e., how interactions in the marketplace help determine pricing. Students will participate in an activity that demonstrates the concepts of demand, demand schedule, demand curve, and the law of demand. The lesson plan provides student objectives;…

Presents instructions for playing "Widgets and Blasters," an educational game designed to illustrate the functioning of a competitive market and help students understand economic models. Explains that the aims of the activity are to encourage students to identify the pattern of price over time and analyze the pattern in terms of…

Identifies inconsistencies in treatments of the perfect competition, monopoly welfare comparison in textbooks for economics instruction. Argues for explanation of how experiments are being conducted and explicit identification of all underlying assumptions. Suggests straightforward analysis of the social cost of monopoly based on a comparison…

Argues that the textbook presentation of the concept of natural monopolies has changed little since the early 1960s. Suggests that most economics textbooks have ignored the issue of economies of scale versus fixed costs. Notes that educators often discuss economies of scale without explaining why certain industries enjoy greater scale economies…

This project is designed to teach students the process of buying stocks and to tracking their investments over the course of a semester. The goals of the course are to teach students about the relationships between conditions in the economy and the stock market; to predict the effect of an economic event on a specific stock or industry; to relate…

Explores the conflict between education and market goals. Observes that free enterprise differs in goals, motivation, methods, and standards of excellence. Argues that the conflict between the two sets of values is a crisis that is going unnoticed. Suggests that education can lift the market system and serve its needs for literate and numerate…

Introduces a journal issue devoted to the New York Stock Exchange. Describes the formation and development of the stock exchange and Wall Street. Discusses the connection between politics and finance and the economic changes in formerly socialist nations. Suggests that the New York Stock Exchange may have to convert to a computer trading system.…

This book is designed to help teachers connect "The Stock Market Game" (tm) and the school curriculum. Three key economic themes developed in the lessons include: (1) stock buyers engage in economizing behavior; (2) market economies encourage the production of wealth; and (3) market activity takes place in the context of a legal…