Classroom practitioners are expected to facilitate effective learning under the "Curriculum and Assessment Policy Statement" (CAPS) in South Africa. During this facilitation process, educators are required to become more resourceful in terms of their learning and teaching strategies. This article is based on a case study -- within the…

Over the course of one semester, six empirical assignments that utilize FRED are used to introduce students of money and banking courses to the economic analysis required for the conduct of monetary policy. The first five assignments cover the following topics: inflation, bonds and stocks, monetary aggregates, the Taylor rule, and employment.…

Video clips are an excellent way to enhance lecture material. Television commercials are a source of video examples that should not be overlooked and they are readily available on the internet. They are familiar, short, self-contained, constantly being created, and often funny. This paper describes several examples of television commercials that…

The author provides a general model to incentivize student involvement in an economics course on an ongoing basis. Rather than presenting students with a discrete number of diverse experiments to illustrate different economic concepts, he opts for the adoption of a single experiment that lives for the duration of the semester. This approach…

Presents a teaching model that is consistent with the traditional approach to demonstrating the expansion and contraction of the money supply. Suggests that the model provides a simple and convenient visual image of changes in the monetary system. Describes the model as juxtaposing the behavior of the moneyholding public with that of the…

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…

One crucial role of the teacher of citizenship education is to facilitate and help legitimize the "pupils' voice" in the classroom. The teacher should abdicate the "talking head" role and replace it with one that encourages and validates pupil owners

Fifteen sophomores, after 10 weeks of conventional instruction in a macroeconomics course were assigned programed instruction on money and banking for one week while the rest of the class (n equals 21) continued with the lectures. Post testing indicated greater gains from programed instruction. (DB)

Asserts that, although teachers and history textbooks mention banks and money at several points in a typical U.S. history course, they are not accorded their proper significance. Discusses the role of banks and finance in U.S. history, with specific emphasis on the creation and impact of the Federal Reserve System. (CFR)

Demonstrates how a simple portfolio problem expressed explicitly as an expected utility maximization problem can be used to instruct students in portfolio theory. Discusses risk aversion, decision making under uncertainty, and the limitations of the traditional mean variance approach. Suggests students may develop a greater appreciation of general…