This innovative book illustrates ways to put economics in the best context for it to be most effectively taught to and understood by under- and post-graduate students. It provides teachers of economics with various techniques to engage and retain the interest of students, while challenging them to apply knowledge and methodological tools to a range of economic problems. The expert contributors provide fascinating insights and ideas to both improve the quality of teaching economics and deepen students' understanding of economic reasoning and problem solving.
List of contributors vii
Preface xv
1 A spoonful of sugar helps the medicine go 1 (20)
down: why good content is never enough
Wayne Geerling
G. Dirk Mateer
2 A classroom federal funds market 21 (20)
experiment
Denise Hazlett
3 An improved in-class bargaining 41 (5)
demonstration
Calvin Blackwell
4 Bo knows property rights and futures 46 (7)
markets: economics in Trading Places
Michael R. Hammock
Art Carden
5 Crony capitalism in The Gilded Age by 53 (12)
Twain and Warner and its relevance for today
Michelle A. Vachris
6 Including short stories in economics 65 (11)
courses
Philip J. Ruder
7 Some brief syllabus advice for the young 76 (12)
economist
Emily Chamlee-Wright
Joshua C. Hall
8 Using literature to teach the economics 88 (9)
of the Soviet-type and centrally planned
economies
Zenon X. Zygmont
9 Not so Bleak House: business and 97 (15)
entrepreneurship in Dickens
Sarah E. Skwire
10 Beyond the can opener: a top ten list of 112(14)
economics humor
Yoram Bauman
11 Can't see the tacking for the trees? Try 126(7)
a Coasian solution
Scott A. Beaulier
Franklin G. Mixon Jr.
Richard J. Cebula
12 Teaching the economics of income tax 133(7)
evasion
Richard J. Cebula
Maggie Foley
13 The black market and the silver screen: 140(8)
economics in The Third Man
Michael R. Hammock
Art Carden
14 Assessing the economic and financial 148(15)
knowledge of adults
Kenneth C. Rebeck
William B. Walstad
15 Success in the economics major: is it 163(16)
path dependent?
Carlos J. Asarta
Roger B. Butters
Andrew Perumal
16 Economic literacy and policy perceptions 179(20)
during the financial crisis
Paul W. Grimes
Kevin E. Rogers
William D. Bosshardt
17 The effects of legalized cheating in the 199(10)
economics classroom
Joel M. Potter
John L. Scott
18 Instructor attractiveness and 209(9)
institutional choice in economics: a
decomposition approach
Trellis G. Green
Franklin G. Mixon Jr.
Len J. Trevino
19 Do clickers enhance student performance 218(6)
in economics?
Joel M. Potter
John L. Scott
Bibliography 224(23)
Index 247