| Nama Pengarang | : | Frank G. Steindl, Brian Kent Strow, Claudia Wood Strow, Mark Dickie, Debra A. Barbezat, Truett, Lila J. , Truett, Dale B. , Paul Pecorino, William Griffith, Robert Dixon, Virtudes Alba-Fernandez, et.al., Luca Stanca, Siegfried, John J. |
| Nama Majalah/Jurnal | : | The Journal of Economic Education |
| Volume / Nomor Edisi | : | - |
| Nomor Halaman | : | 340 - 347 |
| Abstraksi Narasi | : | The author presents a geometrical framework in which the inability of discretionary policy (consistent policy in the sense of Kydland and prescott) to be socially optimal is demonstrated. policy based on a rule results in a higher level of utility. the author extends the model to demonstrate that policy of a Rogoff conservative central banker results in approaching the same equilibrium as that from a monetary rule. finally, the framework shows that attempts to exploit the Phillips curve in stagflation. |
| Nama Pengarang | : | - |
| Nama Majalah/Jurnal | : | The Journal of Economic Education |
| Volume / Nomor Edisi | : | - |
| Nomor Halaman | : | 187-201 |
| Abstraksi Narasi | : | An in-class game can be used to improve students understanding of how tradable discharge permit (TDP) program might wok. There are, however, trade-offs one must face in designing such a game. An exercise, might, in theory, demonstrate all the nuances of a TDP program and yet be so complex that students learn litle from the experience. The authors develop a game that is easy enough to play that even students with limited backgrounds in economics and math can participate fully. Instructors can use this game to provide a diverse body of students with insights on the relative cost-effectiveness of a permit system over a uniform standard,the nature of permit market equilibrium, and the comparative advantages of different regulatory regimes. |
| Nama Pengarang | : | - |
| Nama Majalah/Jurnal | : | The Journal of Economic Education |
| Volume / Nomor Edisi | : | - |
| Nomor Halaman | : | 217-228 |
| Abstraksi Narasi | : | The author disagrees with Homer Simpsons who claims that ''... cartoons don't have any deep meaning. They're just stupid drawings that give you a cheap laugh.'' He argues that the Simpsons have a deep meaning in the same way as the works of Jonathan Swift and George Orwell. The message in The Simsons, Swift, and Orwell is that those in charge do not always undertake action with the public interenst in mind-the basic premise of public choice. All three sources provide examples of other public choice themes, and they deliver their message through popular satire with layers of allusion. |
| Nama Pengarang | : | - |
| Nama Majalah/Jurnal | : | The Journal of Economic Education |
| Volume / Nomor Edisi | : | - |
| Nomor Halaman | : | 236-243 |
| Abstraksi Narasi | : | Third degree price discrimination is taught in almost every intermediate microeconomics class. The theory, geometry, and the algebra behind the concept are simple, and the phenomenon is commonly associated with the sale of many of the goods and services used frequently by students. Classroom discussion is usually vibrant as students can relate their experiences of being on the receiving end of third-degree price discrimination, usually to their advantage. However, the precision of the language used in the exposition of the theory in textbooks is generally less precise than one would hope for, leading students to confuse slope and elasticity. The authors ask textbook writers to provide greater precision in their explanation of why differing elasticities are associated with the prices paid by two (or more) distint groups of buyers facing third-degree price discrimination. |
| Nama Pengarang | : | - |
| Nama Majalah/Jurnal | : | The Journal of Economic Education |
| Volume / Nomor Edisi | : | - |
| Nomor Halaman | : | 178-186 |
| Abstraksi Narasi | : | The author describes a classroom experiment that illustrates the welfare effects of allocating a good on a first-come, first-served basis. In the first round, each student must decide how long to wait in an imaginary line for candy, with-out knowing how much will be distributed or how long others are willing to waith. In making this decision, a student must balance a desire to win candy with a desire to spend as little time as possible in line. The supply and demand curves for the candy are then revealed and the consumer surplus and time spent waiting are measured. In subsequent rounds, students are allowed to change their wait times in light of this new information. Their wait times eventually conform to the textbook model of nonprice allocation with perfect information. |
| Nama Pengarang | : | - |
| Nama Majalah/Jurnal | : | The Journal of Economic Education |
| Volume / Nomor Edisi | : | - |
| Nomor Halaman | : | 202-216 |
| Abstraksi Narasi | : | The authors address two informal writing assignments implemented in introductory economics classes. One assignment involves students writing short reflection papers, and the other assignment involves students writing short journal entries for a designated period of time. Both assignments are designed to help students realize that economics is directly pertinent to their daily lives. Pedagogical issues related to both the benefits to students and the benefits and costs to faculty who implement the assignments are discussed. These assignments can provide beneficial insights to newer faculty members, who are adjusting to university and local community life, and contribute to developing new course material of perceived relevance to students. |
| Nama Pengarang | : | - |
| Nama Majalah/Jurnal | : | The Journal of Economic Education |
| Volume / Nomor Edisi | : | - |
| Nomor Halaman | : | 244-247 |
| Abstraksi Narasi | : | Using 1994-1995 data, Nieswiadomy (1998) found that economics majors scored well on the Law School Admissions Test. These results are frequently posted on university Web sites by economics departments. However, because the results are nearly 10 years old, it may be interesting to determine if economics major still perform as well. The author, using current data for the 2003-2004 class of students entering law school, fins that economics majors still performed at or near the top of all majors taking the test. Economics majors rank first (156.6) of the 12 largest disciplines (those with more than 2,200 students entering law school). Economics ranks third behind physics/match (158.9) and philosophy/religion (157.4) in a set of 29 discipline groupings that are created to yield at least 700 students with similar majors. |
| Nama Pengarang | : | - |
| Nama Majalah/Jurnal | : | The Journal of Economic Education |
| Volume / Nomor Edisi | : | - |
| Nomor Halaman | : | 148-155 |
| Abstraksi Narasi | : | Previous empirical literature indicates that student performance is inversely correlated with absenteeism. The author investigates the impact of enforcing an attendance policy on absenteeism and student performance. The evidence suggests that an enforced mandatory attendance policy significantly reduces absenteism and improves exam performance. |
| Nama Pengarang | : | - |
| Nama Majalah/Jurnal | : | The Journal of Economic Education |
| Volume / Nomor Edisi | : | - |
| Nomor Halaman | : | 229-235 |
| Abstraksi Narasi | : | The author describes a classroom exercise that introduces the Socialist Calculation Debate (SCD) to undergraduate economics students. The SCD concerns an issue that remains one of the most consequential of the 20th century-the belief in the superiority of socialism and central planning over capitalism and the free market. the exercise presents the SCD in an active learning atmosphere by requiring the students to read, interpret, and discuss the writings of three notable participants in the format and objectives of the exercise, required and optional readings, and current relevance of the SCD. |
| Nama Pengarang | : | - |
| Nama Majalah/Jurnal | : | The Journal of Economic Education |
| Volume / Nomor Edisi | : | - |
| Nomor Halaman | : | 171-177 |
| Abstraksi Narasi | : | The author presents an active-learning exercise for the introductory macroeconomics class in which students participate in a mock Federal Open Market Committee (FOMC) meeting. Preparation involves data gathering and writing both a research report and a policy recommendation. An FOMC meeting is simulated in which students give their policy recommendations, participate in deliberation, and vote on policy. This exercise fosters engagement across diverse groups of students at the introductory level as it develops proficiencies desired for economics majors. |
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