Few textbooks in mathematical economics cover optimal timing problems. Those which cover them do it scantly or in a rather clumsy way, making it hard for students to understand and apply the concept of optimal time in new contexts. Discussing the plentiful illustrations of optimal timing...

This article aims to review the economic education literature in Romania for the period 2011-2013, focusing on finding the accounting related topics. For the purpose of the analysis, the 99 articles are categorized in four main sections that are divided by subsections. Over the reviewed period,...

The exponential development of the Internet has impacted the socio-economical, political life and individuals' life and will continue to significantly impact the society in all its aspects. Internet has changed the business environment, the socio-political domains and peoples' behavior and...

Wir analysieren die Fähigkeit der Standard-Makromodelle, Rezessionen und Depressionen sowie Finanzkrisen zu erklären. Wir finden, dass die üblichen Lehrbuchmodelle hier schnell an ihre Grenzen stoßen. Entscheidend ist dabei die (fehlende) Anpassung des Realzinssatzes. Als Lösung schlagen...

Grading and providing feedback are two of the most time-consuming activities in education. We developed a randomised controlled trial (RCT) to test whether they could be performed by generative artificial intelligence (Gen-AI). We randomly allocated undergraduate students to feedback provided...

Economic history is integral to the study of economics and economies. Besides providing students with a valuable long-run perspective on the modern world, the field also helps them to better understand the contingency of economic theory. Despite a newfound interest in economic history among...

Twenty years ago, Peter Moffatt (2002) posed this general question: “Is Giffen behavior compatible with the axioms of consumer theory?” The present paper addresses this very same question, but only as it applies to the Wold-Juréen (1953) utility function. In this paper, we demonstrate that...

This paper puts forward a systematic approach to teaching simple dynamic stochastic general equilibrium (DSGE) models to undergraduates. It proceeds in the following way: first, the structural model of the economy, which includes the households' and firms' problems, is presented and...

Financial literacy is very important for social participation. This paper presents an empirical evaluation of the determinants of financial literacy among students at a German university. An additional goal is the identification of gender differences in respect to financial literacy. The...