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Peer reviewedSpiegel, Uriel – Journal of Economic Education, 1994
Discusses the concept of "Giffen goods" as it applies to price theory in economics instruction. Provides a graphic presentation and analysis of Giffen goods and behavior. Includes examples of Giffen behavior that can be used to illustrate the concept. (CFR)
Descriptors: Course Content, Economic Factors, Economics Education, Educational Strategies
Peer reviewedBlack, David C.; Dowd, Michael – Journal of Economic Education, 1994
Asserts that economics students are usually given two descriptions of the money market with the implication that they are consistent with each other. Reviews recent research and presents an asset-substitution model that reconciles the two descriptions of the money market with observed behavior. (CFR)
Descriptors: Banking, Course Content, Economic Factors, Economics Education
