The author offers innovative approaches to 3 topics that are typically only briefly mentioned (if at all) in money and banking courses. The first topic is a Treasury bill auction experiment in which students have an opportunity to participate directly. The results from a class of 14 money and banking students are used to explain how an instructor…

Suggests a method to teach John Keynes's principle of effective demand using a standard aggregate labor market diagram familiar to students taking advanced undergraduate macroeconomics courses. States the analysis incorporates Michal Kalecki's version to show Keynesian unemployment as a point on the aggregate labor demand curve inside the…

Outlines principles that guide a successful undergraduate economics honors program: simplicity, accessibility, skill development, risk minimization, and incentives to combat procrastination. Describes a model which specifies three of the usual six electives and requires a senior thesis that makes an original contribution to economics…

Describes a classroom game that demonstrates to students that equilibria can occur naturally in order to encourage students to take unreasonable equilibria more seriously. Discusses the game, how to organize it in the classroom for a game theory course, and the results. (CMK)

Describes using song lyrics in undergraduate principles of economics courses to help the students learn economics. Discusses two music essay projects and includes examples of student responses. Addresses the benefits/costs and suggested refinements of the project. Includes references. (CMK)

Describes an introductory economics course in which all of the reading material is drawn from the Great Books of Western Civilization. Explains the rationale and mechanics of the course. Includes an annotated course syllabus that details how the reading material relates to the lecture material. (RLH)

Compares the U.S. and British methods of teaching economics to undergraduate students. Examines the course objectives, the syllabi, the hiring and training of staff, the teaching system, and assessment and monitoring systems. Concludes that the British curriculum focuses on a narrower range of subjects. (GG)

Describes and evaluates a package of measures designed to introduce a collaborative problem-solving (CPS) approach to learning tutorials of a second-year university macroeconomics subject. Presents findings related to the influence of CPS on tutors' teaching experiences, students' attitudes attendance and hours of study, and academic achievement.…

Describes a teaching strategy called the inverted classroom that enables instructors of introductory economics courses to address students' different learning styles within the time constraints of the class. Explains that in the inverted classroom the events that traditionally take place during class time now take place outside the classroom and…

Discusses objects, methods of instruction, content, and accomplishments of the undergraduate major in economics. Recommends a strong introductory sequence stressing application of economic tools, rigorous intermediate theory courses, background courses in quantitative methods, and a minimum of five economics electives. Suggests synthesis through a…

Compares academic performance between two groups of students in a statistics course. One group was given homework generated by computer software that provided feedback concerning incorrect answers. The other relied on the textbook without benefit of the feedback. The group using the software performed better on homework and tests. (MJP)

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…