During the pandemic, the economic way of thinking was extraordinarily useful, leading to a quick consensus among economists of widely differing political persuasions on many issues of pandemic policy. Yet speaking to politicians, bureaucrats, and the public revealed many ways in which the economic way of thinking was foreign and sometimes…

An alternative approach for introducing instrumental variables in econometrics courses is presented in this article. The method is based on the ordinary least squares omitted variable bias formula. The intuition for the approach capitalizes on students' understanding and intuition of omitted variables. Thus, if students understand omitted variable…

In the early 1940s, Black artist Jacob Lawrence painted a series of 60 panels that are now collectively called "The Migration Series." The panels tell the story of how Black Americans migrated from the South to the North, beginning with World War I. The panels provide an uncommon example of the intersection of economics, Black American…

As a new sustainable alternative to linear economics, the circular economy (CE) is bound to be accompanied by the requirements of the existing production model, science and technology, as well as the public perception of CE. To expose the potential impact of higher education on CE transition, this study systematically reviewed the relevant…

Many disciplines make use of mathematical concepts. However, there are often discrepancies between the way mathematical concepts are understood and taught in mathematics and the way they are used in other disciplines. The literature suggests that such discrepancies might make it hard for students in mathematics service courses to make a connection…

This systematic review to identify the distribution of articles from two databases using the science mapping method, and to investigate the preparedness of educators for the development of digital education in economics. The descriptive analysis is used to identify the research trends globally on the development of digital education in the scope…

Purpose: To explore students' understandings of financial literacy and economics issues with an aim to inform future teaching designs. Design/methodology/approach: Phenomenography and variation theory has been used to analyze students' understanding of a concept found in both financial and economic contexts, namely "value." Findings:…

Understanding students' attitudes towards a subject is crucial for optimising their learning experiences. Exploring the impact of different teaching methods on these attitudes remains an underexplored yet vital aspect. This study delves into the effects of the flipped classroom model on students' attitudes towards Econometrics. The research…

In 2017, China released its building list of First-class Universities and First-class Subjects (Double First classes), which should get great support for development for many years into the future. This paper examines the academic performance of eight universities that are currently listed as having First-class Subjects of economics, in…

The authors of this article make a case for using Fink's (2013) taxonomy of significant learning in the economics classroom to improve standard-based economics education and to continue transforming the discipline to reduce social inequality along multiple dimensions, including gender, race, and class. Fink's framework is defined by student…

This paper presents a case study that reflects on teaching an economic unit, Cost-benefit analysis (CBA), to a diverse undergraduate student body at the researcher's institution. CBA is an applied economic technique that attempts to assess the economic efficiency of proposed public policies through the systematic prediction of social costs and…

Teaching economic history requires the study of how to combine the economists' modeling and statistical methods with the methods used by historians and the other social sciences. It often involves learning how to search for quantitative data from a variety of sources and then building panel datasets that match the data found with existing…

Based on Young's notion of powerful knowledge, acquiring disciplinary knowledge emerging from an economic epistemic community is expected to make an important difference for people when dealing with economic issues in their daily lives. In this regard, this article's author asked Swedish scholars of economics at higher education institutions what…

International student mobility has increased in the past years. The inclusion of a highly heterogeneous group of students requires updated recruitment and admission strategies. A particularly vulnerable group of international students are refugees, who have an exceptionally high risk of dropping out of their studies. We present an entrance…

Many empirical economists say that the teaching of econometrics is unbalanced, and students are not well-prepared for the serious problems they will encounter with real data. Here, the author considers the problem of noisy data, which is present in most econometric studies, but receives far too little attention. Most econometric studies are done…