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Suits’ Watermelon Model: The Missing Simultaneous Equations Empirical Application Suits西瓜模型:缺失联立方程的实证应用
Journal of Economics Teaching Pub Date : 2019-11-30 DOI: 10.58311/jeconteach/e850df12eb3d3e2dde8794bdce1d1331d9f2c491
K. G. Stewart
{"title":"Suits’ Watermelon Model: The Missing Simultaneous Equations Empirical Application","authors":"K. G. Stewart","doi":"10.58311/jeconteach/e850df12eb3d3e2dde8794bdce1d1331d9f2c491","DOIUrl":"https://doi.org/10.58311/jeconteach/e850df12eb3d3e2dde8794bdce1d1331d9f2c491","url":null,"abstract":"Instructors of econometrics courses sometimes seek an empirical simultaneous equations application that, ideally, (i) goes beyond the two-equation case most often used in textbook examples, (ii) is based on available real-world data that can be used in hands-on exercises, (iii) replicates prominent published results, (iv) can be motivated as being of some historical importance, (v) uses accessible economic theory, and (vi) yields plausible empirical results understandable to students. The seminal but now-forgotten 1955 watermelon study of Daniel Suits is suggested as an empirical application that meets all these criteria.","PeriodicalId":411490,"journal":{"name":"Journal of Economics Teaching","volume":"33 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-11-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128496582","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
A Stroll Down the Dollar Street: Teaching Per-Capita GDP Using Internationally Comparable Photographs 漫步在美元街上:用国际可比的照片来教授人均GDP
Journal of Economics Teaching Pub Date : 1900-01-01 DOI: 10.58311/jeconteach/178c166014597b60b1f4b7463ef0d55842b8996b
A. Maximova, Steve Muchiri, M. Paraschiv
{"title":"A Stroll Down the Dollar Street: Teaching Per-Capita GDP Using Internationally Comparable Photographs","authors":"A. Maximova, Steve Muchiri, M. Paraschiv","doi":"10.58311/jeconteach/178c166014597b60b1f4b7463ef0d55842b8996b","DOIUrl":"https://doi.org/10.58311/jeconteach/178c166014597b60b1f4b7463ef0d55842b8996b","url":null,"abstract":"We propose an activity that draws on over 44,000 internationally comparable photographs (of households and their living conditions) that help students connect cross-country differences in real per-capita GDP with differences in living conditions. First, students virtually visit approximately twenty households across five countries (four of their choice and the United States) and document their living conditions. Second, students collect real GDP per capita data for these countries, compare it, and link it to the observed differences in living conditions. Ultimately, this process allows the students to understand how differences in real GDP per capita relate to the differences in living conditions and learn some of the advantages and disadvantages of using real per-capita GDP to measure living conditions. Yancy McGuire, S. and McGuire, S. (2015). Teach Students How to Learn: Strategies You Can Incorporate into Any Course to Improve Student’s Metacognition, Study Skills, and Motivation.","PeriodicalId":411490,"journal":{"name":"Journal of Economics Teaching","volume":"47 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116688911","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
A Pixar Is Worth a Thousand Words 一个皮克斯胜过千言万语
Journal of Economics Teaching Pub Date : 1900-01-01 DOI: 10.58311/jeconteach/6524c294d10d8c9da591367b98b896ec582991b7
Charity-Joy Acchiardo, Deirdre Calhoun, Megan Kirts, G. D. Mateer
{"title":"A Pixar Is Worth a Thousand Words","authors":"Charity-Joy Acchiardo, Deirdre Calhoun, Megan Kirts, G. D. Mateer","doi":"10.58311/jeconteach/6524c294d10d8c9da591367b98b896ec582991b7","DOIUrl":"https://doi.org/10.58311/jeconteach/6524c294d10d8c9da591367b98b896ec582991b7","url":null,"abstract":"","PeriodicalId":411490,"journal":{"name":"Journal of Economics Teaching","volume":"73 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122778756","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 3
Explaining “In the Aggregate” Concepts with Clickers 用点击器解释“聚合”概念
Journal of Economics Teaching Pub Date : 1900-01-01 DOI: 10.58311/jeconteach/9cbfd466be79a0c0c7b56ac447ae73a59827393f
Martha L. Olney
{"title":"Explaining “In the Aggregate” Concepts with Clickers","authors":"Martha L. Olney","doi":"10.58311/jeconteach/9cbfd466be79a0c0c7b56ac447ae73a59827393f","DOIUrl":"https://doi.org/10.58311/jeconteach/9cbfd466be79a0c0c7b56ac447ae73a59827393f","url":null,"abstract":"Concepts such as the marginal propensity to consume can lead some students to respond, \"But that's not how I would behave!\" Using clickers (or any classroom...","PeriodicalId":411490,"journal":{"name":"Journal of Economics Teaching","volume":"60 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124066126","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Socratic Seminars in the Economics Classroom 经济学课堂上的苏格拉底式研讨会
Journal of Economics Teaching Pub Date : 1900-01-01 DOI: 10.58311/jeconteach/93a6081bac15f33c3dcff62513d4583666d0ce3f
Bret Sikkink
{"title":"Socratic Seminars in the Economics Classroom","authors":"Bret Sikkink","doi":"10.58311/jeconteach/93a6081bac15f33c3dcff62513d4583666d0ce3f","DOIUrl":"https://doi.org/10.58311/jeconteach/93a6081bac15f33c3dcff62513d4583666d0ce3f","url":null,"abstract":"","PeriodicalId":411490,"journal":{"name":"Journal of Economics Teaching","volume":"68 1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130031143","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Interactive Web-based Simulations to Teach Econometrics: Making Abstract Concepts Tangible 交互式基于网络的模拟教学计量经济学:使抽象概念有形
Journal of Economics Teaching Pub Date : 1900-01-01 DOI: 10.58311/jeconteach/a58ca61aa4eef1b94b596ca0ad62ecfcddbc2743
Tanya S. Byker, Amanda Gregg, Dylan Mortimer
{"title":"Interactive Web-based Simulations to Teach Econometrics: Making Abstract Concepts Tangible","authors":"Tanya S. Byker, Amanda Gregg, Dylan Mortimer","doi":"10.58311/jeconteach/a58ca61aa4eef1b94b596ca0ad62ecfcddbc2743","DOIUrl":"https://doi.org/10.58311/jeconteach/a58ca61aa4eef1b94b596ca0ad62ecfcddbc2743","url":null,"abstract":"We develop a series of publicly available interactive web-based modules and instructor materials to help students learn econometric concepts ranging from sampling distributions to omitted variable bias. The pedagogical literature supports using simulations to help students understand abstract statistical concepts but also cautions that ill-designed simulations may be ineffective. Most simulation tools currently available constrain users’ parameter choices, require excessive programming infrastructure, or lack real-world economics examples. Our modules allow students to experiment with inputs like sample size, number of replications, and underlying population distributions; students then see the impacts of their choices displayed visually in tables, histograms, and scatter plots. The modules can be used in classroom demonstrations or group activities in computer labs but also have sufficient instructions to allow independent exploration.","PeriodicalId":411490,"journal":{"name":"Journal of Economics Teaching","volume":"140 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115534539","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Teaching Macroeconomics with the Econland Simulation Game and Learning Platform 利用Econland模拟游戏和学习平台进行宏观经济学教学
Journal of Economics Teaching Pub Date : 1900-01-01 DOI: 10.58311/jeconteach/892413d590665dfe858e06a93abd1697c16b00f7
Tim Rogmans
{"title":"Teaching Macroeconomics with the Econland Simulation Game and Learning Platform","authors":"Tim Rogmans","doi":"10.58311/jeconteach/892413d590665dfe858e06a93abd1697c16b00f7","DOIUrl":"https://doi.org/10.58311/jeconteach/892413d590665dfe858e06a93abd1697c16b00f7","url":null,"abstract":"Despite the potential of simulation games to bring variety to the classroom and enhance student engagement, the teaching of macroeconomics is still dominated by the traditional...","PeriodicalId":411490,"journal":{"name":"Journal of Economics Teaching","volume":"26 6 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125917189","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 5
Moneyball as a Resource for Teaching Economics 《点球成金》作为经济学教学资源
Journal of Economics Teaching Pub Date : 1900-01-01 DOI: 10.58311/jeconteach/2f01aef770c564bf21101944ccf2f84738bfa803
Dustin R. White, Jadrian Wooten
{"title":"Moneyball as a Resource for Teaching Economics","authors":"Dustin R. White, Jadrian Wooten","doi":"10.58311/jeconteach/2f01aef770c564bf21101944ccf2f84738bfa803","DOIUrl":"https://doi.org/10.58311/jeconteach/2f01aef770c564bf21101944ccf2f84738bfa803","url":null,"abstract":"","PeriodicalId":411490,"journal":{"name":"Journal of Economics Teaching","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130040938","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Teaching International Microenterprise Development: An Interdisciplinary Experiential Learning Approach 国际微型企业发展教学:跨学科的体验式学习方法
Journal of Economics Teaching Pub Date : 1900-01-01 DOI: 10.58311/jeconteach/a956fe3a149c4dcfefa476ab39288b8fb1d17618
Catherine Y. Co, J. Holland
{"title":"Teaching International Microenterprise Development: An Interdisciplinary Experiential Learning Approach","authors":"Catherine Y. Co, J. Holland","doi":"10.58311/jeconteach/a956fe3a149c4dcfefa476ab39288b8fb1d17618","DOIUrl":"https://doi.org/10.58311/jeconteach/a956fe3a149c4dcfefa476ab39288b8fb1d17618","url":null,"abstract":"In this article, the authors describe the core elements of an integrative economics-marketing course on international microenterprise development. The course covers issues related to poverty, market ...","PeriodicalId":411490,"journal":{"name":"Journal of Economics Teaching","volume":"60 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126697189","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Using the Becker-DeGroot-Marschak Mechanism to Teach Willingness to Pay and Consumer Surplus 运用贝克-德格罗特-马沙克机制研究支付意愿与消费者剩余
Journal of Economics Teaching Pub Date : 1900-01-01 DOI: 10.58311/jeconteach/7321c9244cc478b8a14e9f5b5350c9f2a08a7ed1
J. Schubert
{"title":"Using the Becker-DeGroot-Marschak Mechanism to Teach Willingness to Pay and Consumer Surplus","authors":"J. Schubert","doi":"10.58311/jeconteach/7321c9244cc478b8a14e9f5b5350c9f2a08a7ed1","DOIUrl":"https://doi.org/10.58311/jeconteach/7321c9244cc478b8a14e9f5b5350c9f2a08a7ed1","url":null,"abstract":"The Becker DeGroot Marschak (BDM) mechanism is a widely-used technique to elicit subjects’ willingness to pay for ordinary consumer and environmental goods. In this article, I show an application of the BDM mechanism to teach the concepts of willingness to pay and consumer surplus in introductory economics classes. The procedure is easy to implement, even in courses with large enrollments, and it actively engages all students. Evidence suggests this technique improves learning outcomes.","PeriodicalId":411490,"journal":{"name":"Journal of Economics Teaching","volume":"88 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121288003","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
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