Journal for Economic Educators 2023-03-29T18:16:00+00:00 Michael Roach Open Journal Systems <p><strong>The<em> Journal for Economic Educators</em> publishes articles of interest to teachers of Economics and Finance from high school through doctoral degree levels. </strong><br>ISSN 2688-5956 (online)</p> <script>// <![CDATA[ (function(i,s,o,g,r,a,m){i['GoogleAnalyticsObject']=r;i[r]=i[r]||function(){ (i[r].q=i[r].q||[]).push(arguments)},i[r].l=1*new Date();a=s.createElement(o), m=s.getElementsByTagName(o)[0];a.async=1;a.src=g;m.parentNode.insertBefore(a,m) })(window,document,'script','//','ga'); ga('create', 'UA-68458938-1', 'auto'); ga('send', 'pageview'); // ]]></script> NUDGING STUDENTS THROUGH EMAIL COMMUNICATION 2023-03-29T17:29:42+00:00 Justin Davidson Chanikan (Pluem) Yongyuan Joshua A. Price <p>This study analyzes the results of an experiment using personalized emails to nudge second-year students to attend a career fair. The study relied on peer mentors to send out emails informing students about the details of the career fair. Students were randomly assigned to receive an email that focused on the benefits of attending the career fair and offered pizza and a prize if they attended a session to help them sign up and prepare for the career fair. The results indicate that the intervention had no measurable effect on increasing the likelihood that students attend the help session or attend the career fair. Several reasons for this might be because of email overload, present-biased preferences, and factors related to COVID. Further, we provide guidance on what might be done to address these factors in future interventions.</p> 2023-03-29T00:00:00+00:00 Copyright (c) 2023 Justin Davidson, Chanikan (Pluem) Yongyuan, Joshua A. Price FOUR COMPARATIVE STEADY-STATE EXERCISES USING THE DIAMOND-MORTENSEN-PISSARIDES MODEL 2023-03-29T17:54:43+00:00 Michael B. Loewy <p>The Diamond-Mortensen-Pissarides (DMP) model of two-sided labor market search is now a common topic in first-year graduate courses in macroeconomics. Following Pissarides (2011), Alogoskoufis (2019) derives a two-equation in two unknowns solution to the DMP model that is useful for teaching this topic. I discuss four comparative steady-state exercises that he does not consider: (i) a direct change in the posting price of a vacancy; (ii) a change in labor-market matching efficiency; (iii) financing unemployment benefits that are proportional to the real wage with a labor income tax; and (iv) the addition of a minimum wage. The first two exercises are empirically motivated, and the second two exercises are policy motivated.</p> 2023-04-03T00:00:00+00:00 Copyright (c) 2023 TOWARDS A RENEWED PERSPECTIVE ON TEACHING TRADE 2023-03-29T18:00:01+00:00 Junaid B. Jahangir <p>The objective in this paper is to provide a renewed perspective on teaching trade. The idea is to create a teaching module like the one offered by the CORE textbook that blends microeconomics and macroeconomics concepts to address globalization. Neoclassical textbooks are contrasted with heterodox ones to provide a comparative outlook on key themes on trade. Subject material from various textbooks is complemented with YouTube videos, game theory applications, and a nuanced graphical analysis on topical issues. Apart from tariffs and current account deficits, the issues of fair trade, environmental sustainability, and economic sanctions are considered to appeal to students.</p> 2023-03-29T00:00:00+00:00 Copyright (c) 2023 TEACHING PRICE AND INCOME ELASTICITIES OF DEMAND USING EXCEL AND FEDERAL RESERVE ECONOMIC DATA 2023-03-29T18:02:47+00:00 Tennecia Dacass Elif B. Dilden <p>This paper describes an assignment designed for use in an undergraduate Principles of Economics course. The assignment is a pedagogical tool that encourages collaborative problem-solving and the use of recent up-to-date data from the Federal Reserve Economics Data (FRED) to compute and analyze the price and income elasticities of demand. This tool is an efficient way for undergraduate economics students to understand the price and income elasticity of demand, gain valuable experience using public datasets, and develop their computer skills without taking classes outside of the economics major.</p> 2023-03-29T00:00:00+00:00 Copyright (c) 2023 THE ECONOMIC MAJOR 2023-03-29T18:06:54+00:00 Brooke Dippold Brandon Weaver Melanie Marks David Zirkle <p>This paper econometrically investigates what variables impact the probability a college/university offers an undergraduate major in economics, multiple tracks within the major, or economics minor. Data is collected from four-year, comprehensive institutions, with control variables accounting for whether the school is public, year founded, enrollment, if the school offers a business degree, and selectivity measures. In addition, data is collected on the requirements of economics majors across institutions. Regression is used to determine what institutional variables influence specific track requirements, such as math/statistics, econometrics, capstone course, and internship. Given the unique data set that has been created, this paper offers new information and several conclusions about the economics major.</p> 2023-03-29T00:00:00+00:00 Copyright (c) 2023