The major new development in American economics is the abandonment of neo-Keynesian economics and the reliance on modern monetarism and the rational expectation approach. The result is a stagnant economy with high unemployment. The reasons for this change and its implications are discussed. Suggestions for change are made. (IS)

Asserts that economics students are usually given two descriptions of the money market with the implication that they are consistent with each other. Reviews recent research and presents an asset-substitution model that reconciles the two descriptions of the money market with observed behavior. (CFR)

Describes the use of Shakespeare's "The Merchant of Venice" in an undergraduate course in monetary economics, focusing on the usury theme origins of usury laws, scholastic arguments on paying interest for using money, civil usury laws, and modern theories of interest. It is argued that the play provides an interesting vehicle for an…

More than 2 decades have passed since Geoffrey Saxe's first visit to Papua New Guinea, when he began his inquiry into the highly idiosyncratic counting system of Oksapmin's people. As evidenced by his account, a quarter of a century is a period long enough to make historical shifts visible. The point of departure for this commentary on…

This book is written to answer commonly asked homework questions of fourth, fifth, and sixth graders. Included are facts, charts, definitions, explanations, examples, and illustrations. Topics include ancient number systems; decimal system; math symbols; addition; subtraction; multiplication; division; fractions; estimation; averages; properties;…

This set of student and teacher guides is intended for use in a course to prepare students for entry-level employment in such occupational areas in international trade as business/finance, communications, logistics, and marketing. The following topics are covered in the course's five instructional units: introduction to careers in international…

This document is intended to help instructors and administrators develop secondary and postsecondary instructional programs on international trade that are based on competencies identified as those needed in international business by companies in Alaska, Oregon, and Washington. The first section introduces competency-based curriculum and includes…

One of a series of teaching units designed to introduce secondary school students to the Canadian economy, this handbook contains instructional materials on Canada's monetary system and policy. Material is organized and presented in terms of specific topic readings and illustrative activities. The topics covered in six sections are money, the…

Texts in spoken Standard Chinese were developed to improve and update Chinese materials to reflect current usage in Beijing and Taipei. The focus is on communicating in practical situations, and the texts summarize and supplement tapes. The overall course is organized into 10 situational modules, student workbooks, and resource modules. This text…

The document is designed to aid junior and senior high school teachers develop and implement economic education programs. Particular emphasis is placed on the role of money, banking, and the Federal Reserve System in the American economic system. The document is presented in six sections. Section I focuses on functions and forms of money. Section…

The instructional unit was developed to help grade 2 students become aware of money as a medium of exchange. Learning activities are based on the theme of the economic needs of a family. The major topics covered in the unit are: counting money, earning money, spending money, money substitutes, and financial institutions. Objectives which encourage…

Military governments in Argentina, Chile, and Uruguay attempted to stabilize their economies in the 1970s abnd early 1980s, but failed because of internal economic constraints. A serious error in all three countries which resulted in problems with foreign payments was their emphasis on import liberalization rather than export promotion. (IS)

A long-run program of socialist-oriented institutional development is necessary to improve the economic situation of the less developed countries and close the gap in wealth between them and the developed nations. Developed nations can aid this by reducing military expenditures, dropping trade barriers, and strengthening international lending…

A computer game involving macroeconomic stabilization policy for use with college level students is described. Students are asked to take the part of government in manipulating tax rates, expenditures, and monetary policy in an attempt to influence employment and inflation in an open economy. (Author/RM)

Presents numismatic experiments that cover a range of topics that tie physical science and chemistry to society and history. Discusses measuring length; measuring mass; metals, alloys, and amalgams; reactivity of metals and electrochemistry; reactions of metals with acids; money to burn; magnetic properties of coins; inertia; refraction;…