| Nama Pengarang | : | - |
| Nama Majalah/Jurnal | : | The Journal of Economic Education |
| Volume / Nomor Edisi | : | - |
| Nomor Halaman | : | 395 - 405 |
| Abstraksi Narasi | : | In the information age, an exchange with the media is part of the duties the economics profession has to deliver to educate the public. A key issue is the education of policymakers through the media. it is the silver bullet of policy advice in comparison to commissioned research and face-to-face advice provided to the politician. It also pleases the vanity to the effectiveness of face-to-face advise. The author advocates for a strongger role of researchers in the public debate and suggests ways to become more influential. he argues that in the long run agenda setting is a more promising strategy than reactive press activities. |
| Nama Pengarang | : | J.J. Arias, Douglas M. Walker, Klaus F. Zimmermann, Hal R. Varian, Daniel S. Hamermesh, X. Henry Wang, Bill Z. Yang, Colander, David, Alvin E. Roth, John Asker, Brit Grosskof McKinney, Muriel Niederle, Georg Weizsacker, Hubbard, R. Glenn, John Gilbert |
| Nama Majalah/Jurnal | : | The Journal of Economic Education |
| Volume / Nomor Edisi | : | - |
| Nomor Halaman | : | 311 - 329 |
| Abstraksi Narasi | : | Much of the economic education literature suggests that the principles of economics class size does not significantly affect student performance. However, study methods have varied in terms of the aggregation level (student or class), the measure of performance (TUCE or course letter grade), and the class size measure (e.g., students who completed both the TUCE pretest and posttest). The authors perform an experiment with principles students using total exam points as the dependent variable in a model to explain student performance. By using the same instructor for all sections, the authors control variation in instruction, lecture material, and topic coverage; they also account for variation in student abilities. In contrast to many other studies, the authors find statistically significant evidence that small class size has a positive impact on student performance. |
| Nama Pengarang | : | - |
| Nama Majalah/Jurnal | : | The Journal of Economic Education |
| Volume / Nomor Edisi | : | - |
| Nomor Halaman | : | 304 - 308 |
| Abstraksi Narasi | : | Deskripsi abstrak ringkas tidak tersedia untuk artikel ini. |
| Nama Pengarang | : | - |
| Nama Majalah/Jurnal | : | The Journal of Economic Education |
| Volume / Nomor Edisi | : | - |
| Nomor Halaman | : | 295 - 303 |
| Abstraksi Narasi | : | The authors provide an explanation of urban sprawl using topics commontly taught in the principles of economics course. Specifically, employing the concepts of congestible public goods, they explain that underpriced road usage leads to an inefficiently large proportion of the population moving farther from the cities. Increased demand for highway usage leads to expansion of the roads, according to common public policy, which reduces the price of using the road even lower than its already inefficient price. Given time to adjust to the lower price of travel, peak demand becomes more elastic and drivers shift away from the inconvenient off-peak to the now relatively cheaper peak alternative. Furthermore, there is complementarity between highways and other trunk-line public utilities. The under pricing of these congestible goods results in an increased demand for their complement: highway usage. |
| Nama Pengarang | : | - |
| Nama Majalah/Jurnal | : | The Journal of Economic Education |
| Volume / Nomor Edisi | : | - |
| Nomor Halaman | : | 269 - 283 |
| Abstraksi Narasi | : | Simple problems of discrete-time optimal control can be solved using a standard spreadsheet software. The employed-solution method of backward literation is intuitively understandable, does not require any programming skills, and is easy to implement so that it is suitable for classroom exercises with rational-expectations models. The author explains the method in general and show how the basic models of neoclassical growth and real business cycles are solved using Microsoft excel. |
| Nama Pengarang | : | - |
| Nama Majalah/Jurnal | : | The Journal of Economic Education |
| Volume / Nomor Edisi | : | - |
| Nomor Halaman | : | 215 - 231 |
| Abstraksi Narasi | : | Using data on individuals taking principles of economics courses in large lecture rooms, the authors investigate whether a student`s seating preference is related to success in the classroom. They find that individuals who prefer to sit near the front of the room have a higher probability of receiving As, where as those who prefer the back have a higher probability of receiving Ds and Fs. A preference for sitting in the back, regardless whether one did so, increased the probability of receiving a D or F by 23 percentage points. Students unable to sit in their preferred locations and forced forward tend to receive higher grades, despite their preferences for back seats. Seating preferences and final seat location may be separate factors affending grade performance. How instructors should teach large lectures is unclear. Developing seating distribution that addresses learning needs may impose high opportunity costs on students who have reasons unrelated to learning for their seating choices. |
| Nama Pengarang | : | - |
| Nama Majalah/Jurnal | : | The Journal of Economic Education |
| Volume / Nomor Edisi | : | - |
| Nomor Halaman | : | 243 - 250 |
| Abstraksi Narasi | : | The authors describe a classroom experiment that motivates student understanding of behavior toward risk and its effect on money demand. In this experiment, students are endowed with an income stream that they can allocate between a risk-free fund and risky fund. Changes in volatility are represented by mean-preserving changes in the variance of the risk fund. When volatility of the risk fund increases, reallocating to the risk-free fund results in an increase in aggregate money demand. By responding to changes in volatility and then observing the aggregate response of their cohort, students gain a better understanding of the cocept of money demand, portfolio allocation, and risk. |
| Nama Pengarang | : | - |
| Nama Majalah/Jurnal | : | The Journal of Economic Education |
| Volume / Nomor Edisi | : | - |
| Nomor Halaman | : | 290 - 294 |
| Abstraksi Narasi | : | Contrary to the traditional analysis of the employment effects of the minimum wage setting, the author shows that if compliance is contingent upon enforcement, complying with the minimum wage law involves a leftward shift of the labor demand curve rather than an upward movement along the curve. Furthermore, the labor demand curve will shift leftward with enforcement even if enforcemnet is insufficient to ensure compliance, becoming vertical when the options of compliance and noncompliance are equally attractive. Hence, it is not paying the statutory minimum wage that brings about a reduction in employment down to the full-compliance level but enforcement that, if sufficiently high, induces that same reduction in employment, even if the employer is still noncomplying with the minimum wage law. |
| Nama Pengarang | : | - |
| Nama Majalah/Jurnal | : | The Journal of Economic Education |
| Volume / Nomor Edisi | : | - |
| Nomor Halaman | : | 251 - 258 |
| Abstraksi Narasi | : | The authors use Microsoft Excel to derive compensated and uncompensated demand curves. They use a constant elasticity of substitution (CES) utility function to show how changes in a good`s price or income affect the quantities demanded of that good and of the other composite good, using Excel`s Solver. They provide three contributions. First, they provide an explicit connection between the form of the utility fucntion and the graphical presentation of the indifference curves, budget constraints, and demand curves. Second, they make available a hands-on method of connecting utility functions to demand curves. Third, by relaxing the common Cobb-Douglas formulation, they allow a price-consumption curve (price-expansion path) that is not horizontal (alternatively, an uncompensated demand curve with nonunitary elasticity). |
| Nama Pengarang | : | - |
| Nama Majalah/Jurnal | : | The Journal of Economic Education |
| Volume / Nomor Edisi | : | - |
| Nomor Halaman | : | 284 - 289 |
| Abstraksi Narasi | : | The authors provide a version of a double-auction market simulation designed for classes too large most computer labs to accommodate in one sitting. Instead, students play the game from remote computers, wherever they maybe and at any time during a given time period specified by the instructor. When the window of time expires, students can view the results in a variety of pedagogically relevant displays. The authors also provide a set of on-line activities that take the student "by the hand" through a simple analysis of the simulation. Educators can use, copy, modify, and distribute the source code for this software under the GNU GENERAL PUBLIC LICENCE (www.gnu.org/copyleft/gpl.html). |
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