Economists praise the efficiency of the price mechanism in allocating scarce resources. Others, however, often reject it as unfair. In this study, we investigate the extent to which economists also differ from non-economists in how they value the fairness of the price system, and examine how...

This paper identifies key characteristics of Jesuit pedagogy, expounds why Jesuit pedagogy is relevant not only to religious students but to all learners, and explores the benefits of applying these active learning teaching methods to business and economics courses. We review teaching...

This research article evaluates the research rankings of economists and economics departments of Turkey with respect to the top 10 economists and departments in Europe using RePEc data base as of December 2012. This article also provides some useful policy recommendations for improving the...

Although we generally teach economics as if markets formed a perfect system, in reality, there are many instances of partial and complete market failure in the real economy. Imperfections complicate models and analyses. Therefore, it is better to first introduce students to the model of the...

In this paper, we examine students' attitudes towards various allocation mechanisms for a scarce resource. For this purpose, we have run a survey among officers of the German military who are enrolled in different courses of study (such as economics) at the University of the German Federal Armed...

Economists praise the efficiency of the price mechanism in allocating scarce resources. Others, however, often reject it as unfair. In this study, we investigate the extent to which economists also differ from non-economists in how they value the fairness of the price system, and examine how...

Many people believe that economists in general are more selfish than other people and that this greater selfishness is due to economics education. This paper offers empirical evidence against this widely held belief. Using a unique data set on giving behaviour in connection with two social funds...

We worked out a scale of economic reasoning skills with a macroeconomic and economic policy orientation. The test was administered via Internet in December 2009, and led to collection of 1542 complete questionnaires. The average rate of correct answers is relatively high, to 71%. The...

The game of baseball has enormous appeal to students and economists. By using baseball examples in teaching economics, the professor creates the atmosphere of fun while covering substantive topics in economics. This paper enables professors to enrich their principles course with illustrations,...

Most professional economists believe that economist in general are more selfish than other persons and that this greater selfishness is due to economic education. In this paper we offer empirical evidence against this widely held belief. Using a unique data set about giving behaviour to two...