In the purchase of books from foreign countries, the basic problem with regard to currency is to decide which currency will be used in these transactions, and how to reach agreement with vendors on this point. (11 references) (Author)

Hypothesizes that: (1) there is much public distrust of business profit-making due to lack of economic education and misunderstanding of business profits; (2) social scientists should study such attitudes and investigate profits; and (3) conflicts between profit-making and government intervention for social goals are inevitable and must be better…

Provides a graphical framework for presenting interactions among current account flows, capital account flows, and exchange rates. Suggests that the two type of flows must be considered separately in discussions of foreign exchange equilibrium and balance of payments flows. Supplies sample graphs and instructions for applying the framework to real…

Describes graphical techniques to help explain the multiple creation of deposits that accompany lending in a fractional reserve banking system. Presents a model that emphasizes the banking system, the interaction of total permitted, required, and excess reserves and deposits. Argues that the approach simplifies information to examining a slope…

College business officers can save money, adhere better to budgets, and improve relations with international vendors through foreign monetary exchange. By comparing exchange rates and buying foreign currency when rates are good, institutions retain much more control over the transaction rate than if they delegate the task to the bank. (MSE)

Reviews progress toward economic integration and monetary union within the European Economic Community. Maintains that Germany has the greatest influence on the system because of its strong currency and monetary policies. Concludes that a "two-speed" course toward economic union may be the only practical path. (CFR)

David Hume's monetary theory has been controversial since its formulation. Lately, the focus has been on Hume's alleged misapplication of the quantity theory of money. While he appears to subscribe to a simple quantity theory with money neutrality, in a famously contested passage in the essay Of Money, he violates the neutrality condition by…

Young children often have difficulty with understanding money in a formal school setting, yet most mathematics textbooks are virtually identical in how they teach second graders about money and do not take into account the cognitive stages of children's development. This research examined the effectiveness of traditional and alternative classroom…

The described game provides children with practice in multiplying by three and in comparing the values of sets of coins. (SD)

A multimedia course in economic analysis was developed and used in conjunction with the United States Naval Academy. (See ED 043 790 and ED 043 791 for final reports of the project evaluation and development model.) This report deals with the second concept area of the course and focuses on macroeconomics. Segments 17 through 49 are presented,…

A multimedia course in economic analysis was developed and used in conjunction with the United States Naval Academy. (See ED 043 790 and ED 043 791 for final reports of the project evaluation and development model.) This report deals with concept area three of the course, which focuses on microeconomics. The behavioral objectives, hierarchy…

Discusses economic achievement, economic constraints, and economic policy issues relevant to Western Europe. Constraints include decreases in resources and energy, a slow-down in the baby boom, and public resistance to pollution-causing technology. Achievements include high standards of living, positive trade balances, and international…

Identifies some of the more essential features of the administered price thesis and discusses ways they might be integrated into mainstream economic theory. Available from: General Secretary, Economics Association, Room 340, Hamilton House, Mabledon Place, London WC1H 9BH, England. (Author/AV)

Describes a classroom economics system for fifth graders based on real-life experience. Income earned in assigned "jobs" may be spent for future fixed expenses, unexpected opportunities and expenses, and immediate entertainment. Students learn social skills as well as how to bank, buy stock and insurance, cope with unemployment, manage a store,…