Business Commons^™

Does More Education Cause Higher Earnings?, Kevin F. Hallock

Economics Faculty Publications

College graduates earned roughly 67% more per hour than high school graduates in the US in 2010. Those with more education earn more because the world of work measures in some manner that they are simply more productive in dollars and cents terms. Some signaling theory advocates argue that if the return to education were due to learning, then the returns should be smoothly proportional to the time spent in school. However, researchers have detected a larger jump in earnings for those who complete the final year of college. Whether different schools return differently is an extension of the learning …

Using Real World Applications To Policy And Everyday Life To Teach Money And Banking, Dean D. Croushore

Economics Faculty Publications

Teaching a course in money and banking can be simultaneously challenging and easy. It is challenging because teaching the course well often requires a fair amount of institutional knowledge, which an instructor may not have acquired in graduate school. However, it is easy because the course can be geared to the coverage of current events, so economic data releases and the state of the economy help the instructor develop a new course every semester and produce an interesting lecture every day.

There are many different ways to teach a course on money and banking. At most schools, the only prerequisite …