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Editorial : Governance And Development Dynamics In Emerging Economies, Adil Cherkaoui

Revue Marocaine de Droit, d'Economie et de Gestion (Moroccan Journal of Law, Economics and Management)

No abstract provided.

A Pedagogical Note On The Dynamics Of Capital Market Efficiency For The Introductory Finance Course

Journal of Economics and Finance Education

Introductory finance textbooks commonly address capital market efficiency from a largely static perspective with little or no attention to the dynamics that bring the price of a security into equality with its intrinsic value. This note offers a simple pedagogy to illustrate the process by which capital market efficiency will return a stock’s price to equal its true value and simultaneously bring the expected rate of return on the stock into equality with the market’s required return.

Portfolio Optimization Incorporating The Capital Allocation Line: A Comprehensive Undergraduate Investments Course Project

Journal of Economics and Finance Education

This paper covers a project in which beginning investment students collect price and dividend data and calculate various returns for five companies, a fund and the stock market. After forming a portfolio they calculate risk measures, determine Jenson’s alpha, Sharpe and Treynor values and the return based on the Capital Asset Pricing Model. The students calculate two-stock frontiers and a frontier comprised of potentially all five stocks, incorporate the Capital Allocation Line (CAL) and determine the optimal portfolio. Finally, they calculate dollar amounts to invest in the riskless asset and risky stocks to accomplish dominant points on the CAL and …

Using Bloomberg Terminal In Corporate Finance Courses

Journal of Economics and Finance Education

In this paper, we explore the use of the Bloomberg Professional data service in teaching corporate finance subjects. Integrating the Bloomberg service with teaching enables corporate finance faculty to improve teaching effectiveness and helps business schools meet the Advance Collegiate Schools of Business (AACSB) standards. Following essential corporate finance topics outlined in frequently adapted textbooks, we present detailed information on how to collect useful information and data from Bloomberg to assist the teaching of these topics.

Financial Literacy In The Community College Classroom: A Curriculum Intervention Study

Journal of Economics and Finance Education

Urban Community College asked the Federal Reserve Bank of St. Louis to develop a financial literacy curriculum unit for its New Student Course. The unit was taught in 62 randomly selected sections, with 31 of those serving as the control group. We evaluated the effectiveness of the unit based on student pre-test and post-test scores. We found that student pre-test scores, academic ability, teacher experience, and participation in the unit were statistically significant predictors of student post-test scores. On average, students taught the financial literacy curriculum unit scored about 7 percentage points higher than students who were not.

Honor Codes And Perceptions Of Cheating

Journal of Economics and Finance Education

To reduce cheating and strengthen honor codes, penalties for violations and enforcement have been enhanced, but the outcomes of those actions are uncertain and academic dishonesty remains a concern. Research affirms widespread cheating and no clear remedy exists. We analyze how a change in an honor code can impact academic dishonesty. We find an increased awareness and vigilance to prevent cheating by students may lead to a reduction in cheating through an increase in the certainty of punishment. Moving from an honor policy toward a traditional honor code is only one step in creating a culture of honesty.

What Cosmo Kramer Can Teach Us About Optimal Stopping Times

Journal of Economics and Finance Education

The real option literature on investment provides insights into firms’ decisions to enter and exit markets. This literature emphasizes the role of fixed costs of entry, the salvage value of exit, and uncertainty. A major implication of this literature is that it is often optimal to wait. Nonetheless, since the overwhelming majority of this literature uses models with uncertainty, students are often unclear as to the role of each of these components in determining the value of the option to wait. In this paper, I explain the role of uncertainty and costs/salvage value by considering the question: “When is it …

Shifts In Supply And Demand And The Corresponding Changes In Equilibrium Price And Quantity: Explaining The Process

Journal of Economics and Finance Education

Most textbooks are incomplete or potentially confusing in their treatment of the dynamic process resulting from a change in demand or a change in supply. While they are not incorrect in their comparative statics results, they can leave students unclear about the process involved. The authors suggest an approach that addresses the deficiency.

Teaching Collective Action Problems Without Contextual Bias: The Red/Green Simulation

Journal of Economics and Finance Education

Collective action problems are at the heart of many economic issues. Often, students have trouble comprehending how society ends up with a less than optimal outcome, and may incorrectly assume that someone must want the outcome that occurs. Correcting this error is made difficult by the biases that students bring to these issues. The Red/Green simulation demonstrates the tension between self-interest and the social good in a context-free manner allowing students to see that these sub-optimal outcomes may not be desired by anyone, but instead can result from unhealthy systems of incentives.

Presenting Economic Sanctions In The Classroom: The Case Of Iran

Journal of Economics and Finance Education

The Iran Deal’ ended long standing sanctions levied against Iran by the United States, European Union and United Nations in 2015 for dismantling its nuclear program. This paper presents an approach to teaching economic models of sanctions, and applies it in the context of lifting Iranian sanctions. We start with a simple production possibilities frontier approach to analyzing sanctions, followed by welfare analysis of import and export restrictions on US and Iranian economies. The paper provides a presentation and links to useful resources that can be used by instructors teaching undergraduate courses in introductory economics, intermediate microeconomics and international economics.

Economics Of The World Beyond The Textbook: Two Methods For Teaching

Journal of Economics and Finance Education

Visiting historical sites, local markets, or businesses can help students in an economics class connect abstract ideas to three-dimensional realities. We relate our experience with two types of trips: one focused on regional history and one in which students visited representative businesses. With some guided questions, the students are able to identify the forces of supply and demand at work in their own lives and communities.

Comparing Educational Pathways For Denturists To Become Maxillofacial Prosthetic Specialists In The Us And The Uk, Minseok Kim

Oral Health

Abstract

In the absence of formal training, licensure, and professionalism, this scientific literature review will seek to include denturists in the American maxillofacial prosthetics industry. Denturists are oral health professionals who perform oral examination, design, manufacture, and place removable oral prostheses. In other regions of the world, they are also known as clinical dental technologists and dental prosthetists. This practice is not widespread in the US. The review can also be assessed on the model mediated by PRISMA, which is concentrated on the experiences of international education in the United Kingdom, Canada, and Australia, where the concentration further revolves around …

"Daddy's Loss": An Interview With Anne Morgan Gray

Creative Nonfiction Magazine

No abstract provided.

Interview With Pam Widener

Creative Nonfiction Magazine

No abstract provided.

"Royal Cown": An Interview With Bret Lott

Creative Nonfiction Magazine

No abstract provided.

"Delivering Lily": An Interview With Phillip Lopate

Creative Nonfiction Magazine

No abstract provided.

Interview With Hilary Masters

Creative Nonfiction Magazine

No abstract provided.

Interview With John T. Price

Creative Nonfiction Magazine

No abstract provided.

Cover To Cover Reviews Of New Books, Victoria Hay, Carlos L. Dews, Ann Collette, Lea Simonds

Creative Nonfiction Magazine

No abstract provided.

Self-Interview, Gordon Lish

Creative Nonfiction Magazine

No abstract provided.

Royal Crown, Bret Lott

Creative Nonfiction Magazine

No abstract provided.

My Two Wars, Moritz Thomsen

Creative Nonfiction Magazine

No abstract provided.

Off Islander: Excerpts From A Nantucket Journal, Linda Pastan

Creative Nonfiction Magazine

No abstract provided.

Out Of Nothing, Pam Widener

Creative Nonfiction Magazine

No abstract provided.

Hypothetical History Of An Actual Photograph, A.D. Coleman

Creative Nonfiction Magazine

No abstract provided.

Night Rhythms, John T. Price

Creative Nonfiction Magazine

No abstract provided.

Daddy's Loss, Anne Morgan Gray

Creative Nonfiction Magazine

No abstract provided.

Son Of Spoon River, Hilary Masters

Creative Nonfiction Magazine

No abstract provided.

From The Editor: Permission To Lie?, Lee Gutkind

Creative Nonfiction Magazine

No abstract provided.

Table Of Contents

Creative Nonfiction Magazine

No abstract provided.