The authors present a version of the Diamond-Mortensen-Pissarides model of unemployment that is accessible to undergraduates and preserve the dynamic structure of the original model. The model is solvable in closed form using basic algebra and admits a graphical representation useful for illustrating a variety of comparative statics. They show how…

NutrientNet is an Internet-based environment in which a class can simulate a market-based approach for improving water quality. In NutrientNet, each student receives a role as either a point source or a nonpoint source polluter, and then the participants are allowed to trade water quality credits to cost-effectively reduce pollution in a…

This paper recommends the use of a computer simulation about trade and tariff negotiations to reinforce and apply principles learned in undergraduate international trade courses and to provide students with an opportunity to use the advanced features of Symphony, a computer spreadsheet. This simulation is a game in which both the class and…

A computer program and simulations that can be used to help college economics students understand dynamic economic processes are described. (RM)

The author presents a computer game that puts the player in the role of a central bank governor. The game is a stochastic simulation of a standard reduced form macro model, and the user interacts with this simulation by manipulating the interest rate. The problem the player faces is in many ways quite realistic--just as a real monetary authority,…

The principle of the multiplier-accelerator interaction is explained, and how a computer program to model it can be developed is shown. A series of simulations that can be used to explore the model's behavior are suggested. The simulations can be used in college-level economics classes. (Author/RM)

Describes an instructional simulation of a commercial banking system. Identifies the teaching of portfolio theory, market robustness, and the subtleties of institutional constraints and decision making under uncertainty as the project's goals. Discusses the results of applying the simulation in an environment of local and national markets and a…

An increasing number of non-statistical software packages are being written as supplementary instructional materials provided free or at low cost for economics principles textbooks. This paper reviews the software programs currently available as ancillary material to several major texts and compares what is available as a group against what should…

Describes a set of six instructional simulation games in economics. Identifies simulation goals as increasing students' understanding of economic variables and political policy issues and enabling students to question, express views, and hold decision makers accountable. Suggests that by increasing economic awareness, the games will promote the…

Discusses the activities of Junior Achievement of Georgia in its efforts to promote economic education. Describes programs developed on economics: a textbook, workbook exercises, a student company activity, computer based simulation, and a business consultancy. Explains the development of a curriculum for kindergarten through sixth grade and…

This paper explores the changes that have occurred in computer aided learning in economics and business education between 1983 and 1988. Evidence is presented from interviews with leading software publishers, a survey of colleges in Hertfordshire (England), classroom observations, and interviews with lecturers. The main conclusions are that a wide…

Provides and annotated bibliography of items from the ERIC database dealing with technological advances in history and social studies instruction. Includes items that address computer-assisted instruction, geography software, computer simulation, the science, technology, and society movement, and economics instruction. Explains how to obtain ERIC…

Presents an instructional system that integrates computer simulation and computer graphics for economic models presented as equation systems. Describes the Model Laboratory System, an instructional system, developed at the University of Wisconsin at La Crosse. (DB)

The techniques used for teaching college economics have remained relatively unchanged over the past few decades. These techniques do not give the students an opportunity to apply, to develop, or to practice the economic theory they read about and hear in lectures. They tend to reinforce student assumptions about the subject's "givenness"…

Describes the liberal arts, computer laboratory-based economics program at Denison University (Ohio). Includes as goals helping students to (1) understand deductive arguments, (2) learn to apply theory in real-world situations, and (3) test and modify theory when necessary. Notes that the program combines computer laboratory experiments for…