By Mark H. Maier, Julie Nelson
Make economics resonate to school scholars. This useful instruction manual may also help economics and social experiences lecturers foster serious pondering by way of introducing scholars to the real-life dimensions of the most important controversies in modern economics. packed with precious instructing advice and uncomplicated details on discovering attractive fabrics and actions for the study room, the e-book additionally comprises special insurance of the Voluntary nationwide content material criteria for economics. "Introducing Economics" is a one-stop source for prime institution academics who intend to make economics correct to their scholars' lives. It comprises greater than 50 sections with lists of instructed "Activities and Resources," many with net hyperlinks. It good points boxed "Hints for transparent instructing" advice for providing rather tricky subject matters. It presents an annotated source consultant to greater than 30 corporations inquisitive about economics schooling, with linked web hyperlinks. It follows the movement of subject matters in a standard economics direction. It addresses real-life issues which are overlooked or glossed-over in conventional textbooks - economics and the surroundings, the distribution of source of revenue and wealth, discrimination, exertions unions, globalization, the facility of firms, and extra. It bargains severe suggestions for assembly all 20 Voluntary nationwide content material criteria in economics, and likewise offers an summary of the political and highbrow background and modern kingdom of economics schooling.
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Papers offered at a seminar held in Kuala Lumpur, Malaysia, June 28-July 1, 1989
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Additional resources for Introducing Economics: A Critical Guide for Teaching
3 cost and trade-offs. The usual examples concern decisions students may make in their daily lives. ” This individualistic approach neglects two very important larger concerns. The ﬁrst is that a person’s decisions can have impacts that go far beyond their repercussions on him or her. The second is that we, as a society, make important decisions and trade-offs. Costs and beneﬁts that affect some party that is not directly involved in an activity are called externalities. Individuals do not necessarily take into account how their actions (like going to school or driving an SUV) 42 TEACHING ECONOMICS, CHAPTER BY CHAPTER affect not only themselves, but also possibly their family, community, society as a whole, and the natural environment.
It emphasizes the evolving nature of economic organizations and practices, and the role of habit and social factors in guiding behavior. Early institutionalist economist Thorstein Veblen (1857– 28 OVERVIEW 1929), for example, invented the term “conspicuous consumption” to describe spending designed to show off one’s status. John R. Commons (see above, under Labor History and Labor Relations) was another founder. Institutional economists tend to reject dogmatic pro-market, pro-entrepreneur, or pro-revolution theories in favor of investigating how businesses, governments, and other social institutions can best be adapted to address evolving economic problems.
This focus—unlike neoclassical economics, which focuses on markets, or entrepreneurial economics, which focuses on businesses—takes economic well-being and decision making within households as its focus. Leaders in home/consumer economics scholarship included Margaret Reid (1896–1991) and Hazel Kyrk (1886–1957). While consumer economics is covered in many high school materials, it is only very rarely included within the curriculum of introductory college economics courses, although some universities have separate departments of consumer economics.
Introducing Economics: A Critical Guide for Teaching by Mark H. Maier, Julie Nelson