This paper explores various kinds of logics of "business education for sustainability" and how these "logics" position the subject business person, based on eight teachers' reasoning of their own practices. The concept of logics developed within a discourse theoretical framework is employed to analyse the teachers' reasoning.…

Argues that instructors may mislead students when they credit efficient performance as flowing entirely from competition. Distinguishes between competitive behavior and market structure; refines the implications of opportunity cost and profit; and derives useful conclusions about the nature and sources of productive and allocative efficiency. (DB)

Discusses issues related to short-run marginal cost and long-run marginal cost in economic theory. Asserts that few economics textbooks deal with important aspects of this concept. Includes four figures illustrating the approach suggested by the authors. (CFR)

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)

Contends that supply-side economics has generated a long-standing debate in both academic and political circles. Discusses the concepts of supply-side economics and how it is represented by the Laffer Curve. Illustrates the use of graphic analysis of tax rates and revenue to show the Laffer effect and supply-side economics. (CFR)

Because most countries in the western hemisphere have rejected authoritarian governments and economic policies for more democratic governments and freer economies, schools have a responsibility to help maintain democracy by teaching their students to take an active role in deciding both their political and economic futures. Healthy democracies…

Maintains that it is generally assumed that rent control redistributes wealth from landlords to consumers of housing. Presents data and graphs to illustrate how rent control can benefit landlords and increase housing availability. Asserts that this exercise is effective for students studying microeconomic theory. (CFR)

This study explored the effect of experiential and experience-based approaches to learning and instruction on transitional first grade students' (a) acquisition and use of economic concepts and (b) economic reasoning ability as indicated by the presence or absence of misconceptions about economic concepts. A pretest-posttest control group design…

Profiles "Barnyard Economics," a children's play produced by Students in Free Enterprise (SIFE). SIFE is a national organization for college students who provide economic education to the community. The audience-participation play uses the adventures of a pig to illustrate opportunity costs, production of goods and services, and productive…

This resource file contains information for Utah high school teachers to help their students meet the state's instructional objectives in the elective economics/free enterprise course. Each activity includes an instructional objective along with a title, topic, time segment, procedures, materials, evaluation, and adaptation. Sample objectives…

Describes a class where students learn microeconomics from the perspective of a new business owner. This approach requires reordering the typical sequence of material and introducing a market simulation exercise. Includes a sample business plan, course outline, and data tables. (MJP)

Provides a classroom exercise using the restrictive tariffs on sugar to examine issues of protectionism and international trade. Discusses related issues such as the North American Free Trade Agreement and the formation of large regional trading blocks. Includes a hands-on calculation of the economic impact of the quota on consumers. (MJP)