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Economics Faculty Publications

Series

2019

Education

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Setting An Agenda For The Future, Sam Allgood, Kimmarie Mcgoldrick Jan 2019

Setting An Agenda For The Future, Sam Allgood, Kimmarie Mcgoldrick

Economics Faculty Publications

Anniversaries are a time for reflection and planning for the future. The fiftieth year of the Journal of Economic Education motivated us to invite those who have been intimately involved with the Journal to provide reflections, which appear within this symposium. In addition to providing a wealth of information about the past, they set the stage for initiatives that support the path forward.


Financial Education And Financial Literacy By Income And Education Groups, Jamie Wagner Jan 2019

Financial Education And Financial Literacy By Income And Education Groups, Jamie Wagner

Economics Faculty Publications

This study examines associations between financial education and financial literacy among people with different levels of education and income using a large, national data set, the 2015 National Financial Capability Study. This study estimates whether financial education in high school, college, or through an employer, is associated with a person 's financial literacy score. Results show that people who received any financial education are likely to have higher financial literacy scores compared to those without financial education. Financial education has larger predicted probabilities for those with lower education and income, suggesting that financial education is especially important for this demographic …


What Should We Teach In Intermediate Macroeconomics?, Dean D. Croushore Jan 2019

What Should We Teach In Intermediate Macroeconomics?, Dean D. Croushore

Economics Faculty Publications

The major focus of a course in Intermediate Macroeconomics is building and understanding macroeconomic models and how they work. The course is the most analytical course in the curriculum and should lead students to embark on deep thinking about models and equilibrium. Students learn the essentials of a model and develop the concept of how to simplify a model to understand key concepts. Once the core of a model is developed, additional model features can be added to increase realism. Perhaps the most important macroeconomic concept in the course is that of general equilibrium—students learn to go beyond examining initial …


50 Years Of Economic Instruction In The Journal Of Economic Education, Gail M. Hoyt, Kimmarie Mcgoldrick Jan 2019

50 Years Of Economic Instruction In The Journal Of Economic Education, Gail M. Hoyt, Kimmarie Mcgoldrick

Economics Faculty Publications

With 2019 marking the fiftieth year of publication of the Journal of Economic Education (JEE), it seems fitting to examine the evolution of economic instruction as portrayed in the Journal. Born of the American Economic Association (AEA), and first edited by members of the AEA’s Committee on Economic Education (Saunders 2012), it is not surprising that the Journal’s focus as chronicler, proponent, and outlet for economic education activity reflects the educational component of the American Economic Association’s mission. The creation of the Journal signaled a self-awareness in the discipline that we needed to be more deliberate in …