International Review of Economics Education最新文献

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MONETARY MEASURES AND CURRENCY REGULATION DURING MACROECONOMIC INSTABILITY AND WORLD UNCERTAINTY 宏观经济不稳定和世界不确定时期的货币措施和货币调控
IF 2.1 4区 经济学
International Review of Economics Education Pub Date : 2021-08-25 DOI: 10.30525/2500-946x/2021-1-11
Alina Artemenko
{"title":"MONETARY MEASURES AND CURRENCY REGULATION DURING MACROECONOMIC INSTABILITY AND WORLD UNCERTAINTY","authors":"Alina Artemenko","doi":"10.30525/2500-946x/2021-1-11","DOIUrl":"https://doi.org/10.30525/2500-946x/2021-1-11","url":null,"abstract":"This study is devoted to the comparative analysis of the rules of foreign exchange regulation and control, as well as monetary measures implemented in developed counties during 2003-2020. Accordingly, the purpose is to compare currency restrictions imposed as a response to several economic, political and epidemiological situations and determine their relevance. The study consists of three main parts. The first section highlights the evolution of the monetary policies of different countries during the rapid global economic growth (2003-2007) and key monetary novation before and after the 2008-2009 great recession (macroprudential approach to monetary regulation). The second section describes the world post-crisis monetary system in terms of foreign exchange regimes. Finally, in the third section, the main focus is directed on the period of the COVID-19 crisis and, eventually, key monetary policy measures imposed in the leading economic areas as a reaction to macroeconomic instability and world uncertainty. The practical implications of this study are noteworthy to consider as the problem is outlined in three aspects: 1) evolutionary (with a step-by-step analysis of economic events from 2003 to 2020); 2) instrumental (with analysis of the tools of monetary, macroprudential and monetary policy); 3) country (in the context of world uncertainty). In most cases, the results show that countries produce shocks that transferred to the rest of the world (spillbacks effect). Also, in a financially integrated world, macroprudential policies are valuable and essential because instability becomes a key defect of the modern market system. That is why monetary policy, especially after the crisis, is critical in stabilizing macroeconomic fluctuations.","PeriodicalId":45496,"journal":{"name":"International Review of Economics Education","volume":null,"pages":null},"PeriodicalIF":2.1,"publicationDate":"2021-08-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"73468281","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Economics Education, Childhood Socialization, and the Transmission of Allocation Preferences 经济学教育、儿童社会化与分配偏好的传导
IF 2.1 4区 经济学
International Review of Economics Education Pub Date : 2021-08-18 DOI: 10.1016/j.iree.2021.100224
Bernd Süssmuth, Bastian Gawellek, F. Koenings
{"title":"Economics Education, Childhood Socialization, and the Transmission of Allocation Preferences","authors":"Bernd Süssmuth, Bastian Gawellek, F. Koenings","doi":"10.1016/j.iree.2021.100224","DOIUrl":"https://doi.org/10.1016/j.iree.2021.100224","url":null,"abstract":"","PeriodicalId":45496,"journal":{"name":"International Review of Economics Education","volume":null,"pages":null},"PeriodicalIF":2.1,"publicationDate":"2021-08-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85260697","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Assessing the attitudes of economics students towards econometrics 评估经济学学生对计量经济学的态度
IF 2.1 4区 经济学
International Review of Economics Education Pub Date : 2021-06-01 DOI: 10.1016/J.IREE.2021.100216
Magdalena Cladera
{"title":"Assessing the attitudes of economics students towards econometrics","authors":"Magdalena Cladera","doi":"10.1016/J.IREE.2021.100216","DOIUrl":"https://doi.org/10.1016/J.IREE.2021.100216","url":null,"abstract":"","PeriodicalId":45496,"journal":{"name":"International Review of Economics Education","volume":null,"pages":null},"PeriodicalIF":2.1,"publicationDate":"2021-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"89174910","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 2
Assessing the attitudes of economics students towards econometrics 评估经济学学生对计量经济学的态度
IF 2.1 4区 经济学
International Review of Economics Education Pub Date : 2021-06-01 DOI: 10.1016/j.iree.2021.100216
Magdalena Cladera
{"title":"Assessing the attitudes of economics students towards econometrics","authors":"Magdalena Cladera","doi":"10.1016/j.iree.2021.100216","DOIUrl":"https://doi.org/10.1016/j.iree.2021.100216","url":null,"abstract":"<div><p>Econometrics is the dominant research methodology in Economics, and it is also frequently used in other social sciences disciplines. Skills related to this subject are much in demand around the world, both in the public and private sector. However, numerous Econometrics lecturers consider that Economics students do not have positive attitudes toward the subject. This can be a problem for learning the contents and acquiring econometric skills, since attitudes are crucial for the learning process. It has been argued that the development of positive attitudes should be a desired course outcome. This paper reports how lecturers can evaluate if this outcome has been achieved in their courses using a questionnaire for assessing students’ attitudes towards Econometrics. In this research it has been administered to undergraduate Economics students at the end of an introductory Econometrics course. There are no other studies of this type related to this subject. Further research extending the preliminary instrument presented in this research to other courses, universities, countries… would be very convenient.</p></div>","PeriodicalId":45496,"journal":{"name":"International Review of Economics Education","volume":null,"pages":null},"PeriodicalIF":2.1,"publicationDate":"2021-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.iree.2021.100216","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"71855812","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 3
A classroom experiment on the specific factors model 具体因素模型的课堂实验
IF 2.1 4区 经济学
International Review of Economics Education Pub Date : 2021-06-01 DOI: 10.1016/j.iree.2021.100214
Yu-Hsuan Lin
{"title":"A classroom experiment on the specific factors model","authors":"Yu-Hsuan Lin","doi":"10.1016/j.iree.2021.100214","DOIUrl":"https://doi.org/10.1016/j.iree.2021.100214","url":null,"abstract":"<div><p><span>This paper proposes a classroom experiment to illustrate the specific-factors model. In it, students act as decision-makers in an economy comprising two goods and three factors, and each is asked to maximize the value of marginal production by allocating his/her labor force between the two sectors. Through trading products, all players work as a whole economy in pursuit of higher welfare. From their individual perspectives, they can observe the impacts of relative price changes and international </span>labor mobility on productivity and income distribution. The group perspective, meanwhile, reveals the gains arising from trade and welfare. Together with discussion of theoretical predictions, experimental results and case studies, this classroom experiment could foster better learner understanding of the specific-factors model, both individually and collectively.</p></div>","PeriodicalId":45496,"journal":{"name":"International Review of Economics Education","volume":null,"pages":null},"PeriodicalIF":2.1,"publicationDate":"2021-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.iree.2021.100214","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"71855811","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Back to basics: How reading the text and taking notes improves learning 回到基础:阅读课文和做笔记如何促进学习
IF 2.1 4区 经济学
International Review of Economics Education Pub Date : 2021-06-01 DOI: 10.1016/j.iree.2021.100217
Patrick Gourley
{"title":"Back to basics: How reading the text and taking notes improves learning","authors":"Patrick Gourley","doi":"10.1016/j.iree.2021.100217","DOIUrl":"https://doi.org/10.1016/j.iree.2021.100217","url":null,"abstract":"<div><p>Instructors regularly assign textbook readings and encourage students to take notes on those readings. Despite this being standard preparation for many courses, there has been little scholarship on how much this pre-lecture preparation helps students learn. Using a panel data set that leverages student fixed effects<span><span>, the impact that reading the text and taking notes has on quizzes and exams in an Introduction to Microeconomics course is quantified. I find that taking a page of pre-lecture notes and reading the text increases quiz grades by up to a </span>standard deviation. With regard to exams, when students take notes on the textbook their scores also increase, in some cases by a full letter grade. These results show even a small amount of preparation can have a significant impact on student achievement.</span></p></div>","PeriodicalId":45496,"journal":{"name":"International Review of Economics Education","volume":null,"pages":null},"PeriodicalIF":2.1,"publicationDate":"2021-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.iree.2021.100217","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"71855815","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Baking for economics and the community–An experiential learning project for the principles of microeconomics class 烘焙经济学与社区——微观经济学原理课堂的体验式学习项目
IF 2.1 4区 经济学
International Review of Economics Education Pub Date : 2021-06-01 DOI: 10.1016/j.iree.2021.100219
Guanlin Gao
{"title":"Baking for economics and the community–An experiential learning project for the principles of microeconomics class","authors":"Guanlin Gao","doi":"10.1016/j.iree.2021.100219","DOIUrl":"https://doi.org/10.1016/j.iree.2021.100219","url":null,"abstract":"<div><p><span><span><span>This paper introduces an experiential learning project for the principles of </span>microeconomics class. In this project, students create a baking business and act as entrepreneurs, from conducting market research, engaging in production and sales, to evaluating their business’s financial performance. This hands-on project not only covers a wide range of learning objectives, including demand and supply, elasticity, </span>market efficiency<span>, production costs, and market structures, but also offers students an opportunity to improve their communication skills, problem-solving skills, time management skills, and teamwork skills. This paper introduces the project and provides supplemental materials for instructors to evaluate </span></span>student performance in this project. This paper also discusses several modifications to shorten or expand this project to meet different learning objectives for various class sizes and class formats.</p></div>","PeriodicalId":45496,"journal":{"name":"International Review of Economics Education","volume":null,"pages":null},"PeriodicalIF":2.1,"publicationDate":"2021-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.iree.2021.100219","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"71855816","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Orthodox macroeconomic textbooks: A critical evaluation using institutional practice as a benchmark 正统的宏观经济教科书:以制度实践为基准的批判性评价
IF 2.1 4区 经济学
International Review of Economics Education Pub Date : 2021-06-01 DOI: 10.1016/j.iree.2021.100209
James Juniper, Andrew Nadolny, George Pantelopoulos, Martin Watts
{"title":"Orthodox macroeconomic textbooks: A critical evaluation using institutional practice as a benchmark","authors":"James Juniper,&nbsp;Andrew Nadolny,&nbsp;George Pantelopoulos,&nbsp;Martin Watts","doi":"10.1016/j.iree.2021.100209","DOIUrl":"https://doi.org/10.1016/j.iree.2021.100209","url":null,"abstract":"<div><p><span>Many heterodox economists advocate the adoption of pluralist teaching strategies in universities, citing the benefits of developing the capacity of students to engage in critical thinking. However, with the dominance of orthodox macroeconomic thinking and increasing career pressures associated with the need to publish in leading mainstream journals, many teachers have become reliant on a limited number of orthodox macroeconomics textbooks. This paper explores how a small sample of leading introductory macroeconomics textbooks have responded to the challenges to orthodox macroeconomic thinking in the last decade or so since the Global Financial Crisis. We focus on the definitions of concepts and the consistency of the theoretical and policy frameworks, in the light of the insights about what we define as Institutional Practice. This concept refers to the way that the Central Bank, Treasury and commercial banks actually operate in modern </span>monetary economies, as described by employees of international agencies such as the IMF and the European and national Central Banks. We also draw implications of our work for the teaching of undergraduate macroeconomics.</p></div>","PeriodicalId":45496,"journal":{"name":"International Review of Economics Education","volume":null,"pages":null},"PeriodicalIF":2.1,"publicationDate":"2021-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.iree.2021.100209","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"71855818","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Learning in the time of Covid-19: Some preliminary findings Covid-19时期的学习:一些初步发现
IF 2.1 4区 经济学
International Review of Economics Education Pub Date : 2021-06-01 DOI: 10.1016/j.iree.2021.100215
Bryan Engelhardt , Marianne Johnson , Martin E. Meder
{"title":"Learning in the time of Covid-19: Some preliminary findings","authors":"Bryan Engelhardt ,&nbsp;Marianne Johnson ,&nbsp;Martin E. Meder","doi":"10.1016/j.iree.2021.100215","DOIUrl":"https://doi.org/10.1016/j.iree.2021.100215","url":null,"abstract":"<div><p>In response to the Covid-19 pandemic, universities closed to face-to-face learning, shifting entirely to online instruction midway through the spring 2020 semester. In this paper, we compare student performance in the Covid-19 affected semester to that of the previous three unaffected semesters. We consider both student grades and student performance on standardized post-tests in introductory macroeconomics, microeconomics, and statistics courses. We conclude that there were no significant differences in performance across the semesters. Despite concerns that low-income, first-generation, and minority students could suffer disproportionately, we identify no measurable effect for these population subgroups. Women are found to overperform in the Covid-affected semester when compared to previous terms. Women at our institution could be expected to earn 0.15 of a grade-point less in introductory economics courses than otherwise comparable men in pre-Covid semesters. In the Covid-affected semester, this difference disappeared, with women earning higher grades, on average, than men.</p></div>","PeriodicalId":45496,"journal":{"name":"International Review of Economics Education","volume":null,"pages":null},"PeriodicalIF":2.1,"publicationDate":"2021-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.iree.2021.100215","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"71855814","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 27
A cultural comparison of mindfulness and student performance: Evidence from university students in five countries 正念与学生表现的文化比较:来自五个国家大学生的证据
IF 2.1 4区 经济学
International Review of Economics Education Pub Date : 2021-06-01 DOI: 10.1016/j.iree.2021.100213
Albert J. Sumell , Eric P. Chiang , Steven Koch , Esa Mangeloja , Jin Sun , Jennifer Pédussel Wu
{"title":"A cultural comparison of mindfulness and student performance: Evidence from university students in five countries","authors":"Albert J. Sumell ,&nbsp;Eric P. Chiang ,&nbsp;Steven Koch ,&nbsp;Esa Mangeloja ,&nbsp;Jin Sun ,&nbsp;Jennifer Pédussel Wu","doi":"10.1016/j.iree.2021.100213","DOIUrl":"https://doi.org/10.1016/j.iree.2021.100213","url":null,"abstract":"<div><p><span>Societal and cultural norms are important in shaping how individuals live, study, and work. Of particular interest in recent research is the role of mindfulness, defined as the ability to focus on the present moment, and how it can impact cognitive function and productivity. This study examines the relationship between scholastic achievement and mindfulness among university students in China, Finland, Germany, South Africa, and the United States. Comparisons between countries with respect to self-reported measures of mindfulness, test anxiety levels, and phone usage are analyzed. These measures are used to determine whether mindfulness affects </span>student performance in introductory economics classes. We provide evidence that a positive association between mindfulness levels and student performance exists, but the relationships vary significantly across countries.</p></div>","PeriodicalId":45496,"journal":{"name":"International Review of Economics Education","volume":null,"pages":null},"PeriodicalIF":2.1,"publicationDate":"2021-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.iree.2021.100213","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"71855817","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 6
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