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Garicano, Luis; Rossi-Hansberg, Esteban – Annual Review of Economics, 2015
Incorporating the decision of how to organize the acquisition, use, and communication of knowledge into economic models is essential to understand a wide variety of economic phenomena. We survey the literature that has used knowledge-based hierarchies to study issues such as the evolution of wage inequality, the growth and productivity of firms,…
Descriptors: Economics, Vertical Organization, Models, Salary Wage Differentials
Jones, Benjamin F. – National Bureau of Economic Research, 2008
This paper presents a model where human capital differences--rather than technology differences--can explain several central phenomena in the world economy. The results follow from the educational choices of workers, who decide not just how long to train, but also how broadly. A "knowledge trap" occurs in economies where skilled workers favor…
Descriptors: Human Capital, International Trade, Role of Education, Skilled Workers

Park, Donghyun – Journal of Economic Education, 2000
Demonstrates that it is possible for economies of scale to induce a price-discriminating monopolist to sell in an unprofitable market where the average cost always exceeds the price. States that higher profits in the profitable market caused by economies of scale may exceed losses incurred in the unprofitable market. (CMK)
Descriptors: Cost Effectiveness, Costs, Economics, Economics Education
Ingram, Deborah; Thompson, Eileen; Tcha, MoonJoong – 2001
While much visually oriented teaching material that uses the new technologies is being developed, there is little understanding or research into the demands such material makes on students' information processing. This paper outlines an innovative approach to teaching complex economic models that incorporates the convergence of text and graphics…
Descriptors: Case Studies, Computer Uses in Education, Economics, Educational Environment
Missouri State Dept. of Elementary and Secondary Education, Jefferson City. Div. of Vocational and Adult Education. – 2000
Each year, the Policies Commission for Business and Economic Education develops statements regarding business education. The following are among the commission's guidelines regarding planning the business education curriculum for the new century: (1) making business education an integral and equal partner within schools' educational communities…
Descriptors: Accounting, Articulation (Education), Business Administration, Business Communication
Loock, Joan W.; Schmitt, Bette – 2000
This document, which is intended for teachers of high school-level business education courses, contains both the academic standards for business education in Wisconsin secondary schools that were disseminated in 1998 and learning activities to enable students to meet the standards. The activities were developed for students completing grade 12 and…
Descriptors: Academic Standards, Adult Education, Behavioral Objectives, Business Administration