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Hanson, John R., II – Journal of Economic Education, 1995
Contends that it is widely believed that cheap labor in poor countries attracts foreign investors. Asserts that historical evidence indicates that past patterns of direct foreign investment in poor countries are inconsistent with the cheap-labor argument. Includes two figures and one table. (CFR)
Descriptors: Capitalism, Developed Nations, Developing Nations, Economic Change
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Jackson, P. M. – Economics, 1992
Contends that unemployment is an example of market failure. Argues that explaining unemployment from this supply-demand approach is preferable to the traditional explanation that high "real wages" are the cause. Reveals that many prominent economists entered the field because of their concern for the social problems caused by…
Descriptors: Dislocated Workers, Economic Change, Economic Factors, Economics
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Haupert, Michael J. – Journal of Economic Education, 1996
Describes an undergraduate economics course experiment designed to teach the concepts of comparative advantage and opportunity costs. Students have a limited number of labor hours and can chose to produce either wheat or steel. As the project progresses, the students trade commodities in an attempt to maximize use of their labor hours. (MJP)
Descriptors: Consumer Economics, Economic Impact, Economic Research, Economics Education
Peer reviewed Peer reviewed
Sime, Luis – Journal of Moral Education, 1994
Contends that popular, or a form of alternative, education stands in the background of most efforts in human rights education in Latin America. Maintains that education must educate people as producers, citizens, and individuals. Discusses challenges to this task in light of liberation theology and the Peruvian experience. (CFR)
Descriptors: Citizenship Education, Civil Liberties, Civil Rights, Democratic Values