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Lena Maleševic Perovic – Journal of Economic Education, 2024
The author of this article provides an example of how one might incorporate behavioral economics into teaching macroeconomics or labor economics at an undergraduate level. The focus is on two macroeconomic concepts--wage determination and the Phillips curve--and shows that the implications and conclusions of both models differ from their textbook…
Descriptors: Economics Education, Macroeconomics, Teaching Methods, Labor Market
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William Bosshardt – Journal of Economic Education, 2024
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…
Descriptors: Economics Education, Art, Diversity, African Americans
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Miller, Laurie A. – Journal of Economic Education, 2021
The author of this article provides a framework for using readings outside of the textbook to increase engagement with topics in labor economics, to aid in the development of research skills, and prepare students to create a scholarly research proposal. The outside readings used in this course are academic journal articles. The students are…
Descriptors: Economics Education, Labor Economics, Journal Articles, Reading Materials
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McDonald, Judith A.; Thornton, Robert J. – Journal of Economic Education, 2016
In the authors' 2011 "JEE" article, "Estimating Gender Wage Gaps," they described an interesting class project that allowed students to estimate the current gender earnings gap for recent college graduates using data from the National Association of Colleges and Employers (NACE). Unfortunately, since 2012, NACE no longer…
Descriptors: Salary Wage Differentials, Computation, Economics Education, Class Activities
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Vachris, Michelle Albert; Bohanon, Cecil E. – Journal of Economic Education, 2012
This article illustrates how literature can bring models to life in undergraduate courses on labor market economics. The authors argue that economics instructors and students can benefit from even small doses of literature. The authors examine excerpts from five American novels: "Sister Carrie" by Theodore Drieser (1900/2005); "The Grapes of…
Descriptors: Labor Economics, Labor Market, Wages, Labor Supply
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Hoffman, Saul D. – Journal of Economic Education, 2009
The third Marshall-Hicks-Allen rule of elasticity of derived demand purports to show that labor demand is less elastic when labor is a smaller share of total costs. As Hicks, Allen, and then Bronfenbrenner showed, this rule is not quite correct, and actually is complicated by an unexpected negative relationship involving labor's share of total…
Descriptors: Labor Economics, Supply and Demand, Costs
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McDonald, Judith A.; Thornton, Robert J. – Journal of Economic Education, 2011
Course research projects that use easy-to-access real-world data and that generate findings with which undergraduate students can readily identify are hard to find. The authors describe a project that requires students to estimate the current female-male earnings gap for new college graduates. The project also enables students to see to what…
Descriptors: Salary Wage Differentials, Gender Differences, College Graduates, Majors (Students)
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Haley, M. Ryan; Johnson, Marianne F.; McGee, M. Kevin – Journal of Economic Education, 2010
The "Lake Wobegon Effect" (LWE) describes the potential measurement-error bias introduced into survey-based analyses of education issues. Although this effect potentially applies to any student-report variable, the systematic overreporting of academic achievements such as grade point average is often of preeminent concern. This concern can be…
Descriptors: Grade Point Average, Measurement Techniques, Error of Measurement, Bias
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Thornton, Robert J. – Journal of Economic Education, 2009
Calculating the expected rate of return to their own college degree and comparing it to those of students with other majors can be an interesting and fruitful project for students in a labor economics course. Data from the surveys of the National Association of Colleges and Employers (not all that well known but available in most college…
Descriptors: Labor Economics, Economics Education, Outcomes of Education, Majors (Students)
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Eckel, Catherine; McInnes, Melayne Morgan; Solnick, Sara; Ensminger, Jean; Fryer, Roland; Heiner, Ronald; Samms, Gavin; Sieberg, Katri; Wilson, Rick – Journal of Economic Education, 2005
The authors describe a classroom game that introduces the concept of compensating wage differentials by allowing students to negotiate over the assignment of jobs and wages. Two jobs are designed so that neither job requires special skills, but one is significantly more unpleasant than the other. By varying the job titles and duties, students can…
Descriptors: Wages, Safety, Labor Economics, Labor
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Fryer, Roland G., Jr.; Goeree, Jacob K.; Holt, Charles A. – Journal of Economic Education, 2005
The authors present a simple classroom game in which students are randomly designated as employers, purple workers, or green workers. This environment may generate "statistical" discrimination if workers of one color tend not to invest because they anticipate lower opportunities in the labor market, and these beliefs are self-confirming as…
Descriptors: Teaching Methods, Public Policy, Labor Economics, Investment
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Krueger, Alan B. – Journal of Economic Education, 2001
Argues that the recent controversy over the effect of the minimum wage on employment offers an opportunity for teaching introductory economics. Examines eight textbooks to determine topic coverage but finds little consensus. Describes how minimum wage effects should be taught. (RLH)
Descriptors: College Curriculum, College Instruction, Content Analysis, Economics Education
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Fields, T. Windsor; Hart, William R. – Journal of Economic Education, 1992
Suggests how the classic model of overlapping contracts can be incorporated into the contract wage model of aggregate supply. Illustrates dynamics of macroeconomic adjustment following a shock to aggregate demand. Concludes that overlapping contracts do not prolong the adjustment process; rather, the longest remaining contract determines the time…
Descriptors: Contract Salaries, Contracts, Economic Factors, Economics
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Forster, Bruce A. – Journal of Economic Education, 1989
Provides a diagrammatic analysis of S. D. Gerking and J. H. Mutti's framework, illustrating their results and demonstrating additional results. Shows how the out-migration of labor from a country affects wage rates and flow of capital. Aids courses in international trade, economic development, and regional economics. (SLM)
Descriptors: Capital, Economic Development, Economic Research, Economics
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Sherry, Robert L. – Journal of Economic Education, 1989
Considers the pedagogical and subject matter needs of students in an adult labor education course. Notes that students are motivated working adults, with little time for study, attending the course for assistance in dealing with workplace problems. Teachers need to adjust their approach and rethink economic theories from the students' perspective.…
Descriptors: Adult Learning, Adult Programs, Adult Students, Continuing Education