| Nama Pengarang | : | - |
| Nama Majalah/Jurnal | : | The Journal of Economic Education |
| Volume / Nomor Edisi | : | - |
| Nomor Halaman | : | 229-240 |
| Abstraksi Narasi | : | The authors present a classroom experiment designed to illustrate key concepts of third-degree price discrimination. By participating as buyers and sellers, students actively learn (1) how group pricing differs from uniform pricing, (2) how resale between buyers limits a seller's ability to price discriminate, and (3) how preventing price discrimination might reduce welfare. The exercise challenges sellers to set optimal prices against unknown demand curves by using a concrete story of pharmaceutical pricing to American and Mexican consumers. By working through profit calculations, students arrive at the optimal seller prices in three different settings: uniform pricing, price discrimination to two groups, and price discrimination to two groups who can resell to each other. The experimental design encourages students to converge reliably to the theoretical predictions. Classroom discussion can focus on real-world examples of price discrimination and on regulatory policy questions in industrial organization and international trade. |
| Nama Pengarang | : | - |
| Nama Majalah/Jurnal | : | The Journal of Economic Education |
| Volume / Nomor Edisi | : | - |
| Nomor Halaman | : | 303 |
| Abstraksi Narasi | : | - |
| Nama Pengarang | : | - |
| Nama Majalah/Jurnal | : | The Journal of Economic Education |
| Volume / Nomor Edisi | : | - |
| Nomor Halaman | : | 269-272 |
| Abstraksi Narasi | : | The average score of economics majors on the Graduate Management Admission Test (GMAT) exceeds those of nearly all humanities and arts, social sciences, and business undergraduate majors but not those of most science, engineering, and mathematics majors. |
| Nama Pengarang | : | - |
| Nama Majalah/Jurnal | : | The Journal of Economic Education |
| Volume / Nomor Edisi | : | - |
| Nomor Halaman | : | 245-250 |
| Abstraksi Narasi | : | The history of invention and innovation makes clear the importance of entrepreneurship as a driver of economic growth. This is especially important today, when we face the twin challenges of developing new economic energy sources while avoiding the threat of global warming. Thus, it is essential that we provide potential entrepreneurs access to the less well-known insights provided by book learning in addition to the well-known lessons from learning by doing. |
| Nama Pengarang | : | - |
| Nama Majalah/Jurnal | : | The Journal of Economic Education |
| Volume / Nomor Edisi | : | - |
| Nomor Halaman | : | 213-227 |
| Abstraksi Narasi | : | The determination of college students' academic performance is an important issue in higher education. Whether students' attendance at lectures affects students' exam performance has received considerable attention. The authors conduct a randomized experiment to study the average attendance effect for students who choose to attend lectures, which is known in program evaluation literature as the average treatment effect on the treated. This effect has long been neglected by researchers when estimating the impact of lecture attendance on students' academic performance. Under the randomized experiment approach, the results suggest that class attendance has a positive and significant impact on college students' exam performance. On average, the effect of attending lectures corresponds to a 9.4 percent to 18.0 percent improvement in exam performance for those who choose to attend classes. In comparison, the improvement is only 5.1 percent, using the empirical method of existing studies, which measures the overall average attendance impact. |
| Nama Pengarang | : | - |
| Nama Majalah/Jurnal | : | The Journal of Economic Education |
| Volume / Nomor Edisi | : | - |
| Nomor Halaman | : | 261-268 |
| Abstraksi Narasi | : | The two forms of natural monopoly regulation that are typically discussed in intermediate microeconomics textbooks are marginal cost pricing and average cost pricing (rate-of-return regulation). However, within the last 20 years, price-cap regulation has largely replaced rate-of-return regulation because of the former's potential to generate more efficient pricing structures and strong incentives for cost reduction. However, price-cap regulation has received little attention in microeconomics textbooks. The authors provide a simple discussion of price-cap regulation that demonstrates its superiority over conventional rate-of-return regulation, which forms the basis for a lecture on contemporary natural monopoly regulation. |
| Nama Pengarang | : | William E. Becker, Watts, Michael, Kevin M. Currier, Jackson, Brian K. , Jennjou Chen, Tsui-Fang Lin, Morton I. Kamien, Paul A. Nelson, Terry D. Monson, G. Dirk Mateer, Herman Li, Atin Basuchoudhary et al., Ora Freedman, Siegfried, John J., McGoldrick, Kimmarie |
| Nama Majalah/Jurnal | : | The Journal of Economic Education |
| Volume / Nomor Edisi | : | - |
| Nomor Halaman | : | 273-286 |
| Abstraksi Narasi | : | In 1995, 2000, and 2005, the authors surveyed U.S. academic economists to investigate how economics is taught in four different types of undergraduate courses at postsecondary institutions. They especially looked for any changes in teaching methods that occurred over this decade, when there were several prominent calls for economists and postsecondary instructors in other fields to devote more attention and effort to teaching and to make greater use of active, student-centered learning methods, with less use of direct instruction (chalk and talk). By 2005, although standard lectures and chalkboard presentations were still dominant, there was evidence of slow growth in the use of other teaching methods, including classroom discussions (especially teacher-directed discussions), computer-generated displays (such as PowerPoint), providing students with prepared sets of class notes, and computer lab assignments in econometrics and statistics courses. Internet database searches were used by a small but growing minority of instructors. Classroom experiments were used by a small share of instructors in introductory courses. Assignments or classroom references to the popular financial press, sports, literature, drama, or music were used somewhat more often. Cooperative learning methods were rarely used. |
| Nama Pengarang | : | - |
| Nama Majalah/Jurnal | : | The Journal of Economic Education |
| Volume / Nomor Edisi | : | - |
| Nomor Halaman | : | 78-87 |
| Abstraksi Narasi | : | Defined mathematically, the internal rate of return (IRR) of a cash-flow stream is the discount rate at which its net present value is 0. What is the significance or meaning of such a measure? Using simple example problems and illustrative calculations, the author explains a technically correct but, at the same time, intuitively meaning interpretation of IRR. The mathematical insights gained include a clear understanding of how multiple IRRs occur and of how investment decisions based on net present value are reconcilable with two or more observed IRRs. |
| Nama Pengarang | : | - |
| Nama Majalah/Jurnal | : | The Journal of Economic Education |
| Volume / Nomor Edisi | : | - |
| Nomor Halaman | : | 41-49 |
| Abstraksi Narasi | : | The author presents Web-based surveying as a valuable tool for achieving quality undergraduate research in upper-level economics courses. Web-based surveys can be employed in efforts to integrate undergraduate research into the curriculum without overburdening students or faculty. The author discusses the value of undergraduate research, notes some of the challenges to achieving substantive undergraduate research, and describes the use of Web-based surveys in an environmental issues in public policy course. |
| Nama Pengarang | : | - |
| Nama Majalah/Jurnal | : | The Journal of Economic Education |
| Volume / Nomor Edisi | : | - |
| Nomor Halaman | : | 51-67 |
| Abstraksi Narasi | : | A major challenge inconducting classroom experiments for larger classes is the complexity of assembling responses and reporting feedback to students. The author demonstrates how mobile phone text messaging can be used to overcome the limitations of pencil-and-paper experiments without incurring the costs of full computerization. Students submit responses as text messages, which are downloaded into a spreadsheet for automate analysis and by return messaging. The author presents examples of experiments that have been conducted successfully using text messaging as the response medium. These can be run in any room from which the instructor can access the internet and are dsigned to economize on both class time and effort of the instructor. |
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