Journal for Economic Educators <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> en-US <p>By making research freely available, we help support the greater global exchange of knowledge. There are no article submission or processing charges. Each journal volume is preserved via the Walker Library's three level preservation methods including local and cloud storage. The author(s) retains/retain the copyright to the work, but grants the Journal the right to publish, display, and distribute the work in print and electronic format. Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons CC BY-NC-ND 4.0 license that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal. For more information on this license go to <a href="" target="_blank"></a>.</p> (Michael Roach) (Michael Roach) Wed, 29 Mar 2023 18:16:00 +0000 OJS 60 NUDGING STUDENTS THROUGH EMAIL COMMUNICATION <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> Justin Davidson, Chanikan (Pluem) Yongyuan, Joshua A. Price Copyright (c) 2023 Justin Davidson, Chanikan (Pluem) Yongyuan, Joshua A. Price Wed, 29 Mar 2023 00:00:00 +0000 FOUR COMPARATIVE STEADY-STATE EXERCISES USING THE DIAMOND-MORTENSEN-PISSARIDES MODEL <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> Michael B. Loewy Copyright (c) 2023 Mon, 03 Apr 2023 00:00:00 +0000 TOWARDS A RENEWED PERSPECTIVE ON TEACHING TRADE <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> Junaid B. Jahangir Copyright (c) 2023 Wed, 29 Mar 2023 00:00:00 +0000 TEACHING PRICE AND INCOME ELASTICITIES OF DEMAND USING EXCEL AND FEDERAL RESERVE ECONOMIC DATA <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> Tennecia Dacass, Elif B. Dilden Copyright (c) 2023 Wed, 29 Mar 2023 00:00:00 +0000 THE ECONOMIC MAJOR <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> Brooke Dippold, Brandon Weaver, Melanie Marks, David Zirkle Copyright (c) 2023 Wed, 29 Mar 2023 00:00:00 +0000