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Teaching with FRED and active-learning methods in introductory economics courses
IF 1.3 4区 经济学 Q3 ECONOMICS Pub Date : 2025-04-24 DOI: 10.1016/j.iree.2025.100314
Laura J. Ahlstrom , Diego Mendez-Carbajo
We study the relationship between the use of FRED® (Federal Reserve Economic Data) and active-learning methods in Advanced Placement (AP) Economics and college principles and survey courses. We use data from two national “Chalk and Talk” surveys of teaching methods: one answered by high school instructors, and one answered by college instructors. While prior studies have investigated the instructional practices used in undergraduate economics courses, little work explores the methods and materials used in AP Economics (AP Microeconomics and AP Macroeconomics) courses taught to high school students. Findings indicate a larger share of AP Economics instructors use active-learning methods relative to college faculty. We find low to moderate positive associations between the use of FRED and a broad array of active-learning pedagogical methods, although these associations are weaker in college principles and survey courses. AP Economics instructors with few years of teaching experience and college faculty without a doctoral degree are relatively more likely to use FRED.
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引用次数: 0
Does nudging higher education students improve attendance and does it matter? A quasi-natural experiment
IF 1.3 4区 经济学 Q3 ECONOMICS Pub Date : 2025-04-19 DOI: 10.1016/j.iree.2025.100317
Carlos Cortinhas
The effects of student absenteeism on educational outcomes are well documented, with most studies showing a significant, negative effect on student performance. In recent years, a growing number of institutions have been using a variety of nudge interventions to help combat absenteeism, improve student performance, and reduce dropout rates. Although many studies report the success of many of these initiatives in terms of student performance and retention, others alert that nudging can also have significant negative effects on students. This paper examines the effectiveness of nudging undergraduate students to improve attendance and student performance in tutorial sessions. We conducted a quasi-natural experiment with more than 400 year two UK university students, randomly assigning them to either a treatment group receiving personalized email reminders after missing tutorials, or a control group without any nudging intervention. Our results show a large and significant positive effect of the nudging intervention on attendance rates. Furthermore, using a two-stage least squares estimation method, we established that improved tutorial attendance leads to better performance. Our findings advance the debate on the efficacy of nudges in higher education and offer some important insights for addressing student absenteeism at the university level.
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引用次数: 0
Results of a randomized evaluation of team-based learning exercises
IF 1.3 4区 经济学 Q3 ECONOMICS Pub Date : 2025-04-14 DOI: 10.1016/j.iree.2025.100316
Katherine Silz Carson , Jimena Gonzalez-Ramirez , Craig Heinicke , Mark Maier , Phil Ruder , Scott P. Simkins , Hiuko Adams , James “Michael” Latham , C. Lucy Malakar
This paper describes the results of a multi-site randomized-controlled evaluation of the effect on student learning of Team-Based Learning (TBL) application exercises vs. traditional exercises in Principles of Microeconomics courses using the TBL pedagogy. The use of random assignment of a site to treatment or control group for each of four study modules combined with student fixed effects enables identification of the treatment effect on student learning while controlling for student characteristics. The results show moderate positive treatment effects of the TBL application exercises.
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引用次数: 0
Student-created podcasts as a tool for teaching economics and finance 将学生制作的播客作为经济学和金融学教学工具
IF 1.3 4区 经济学 Q3 ECONOMICS Pub Date : 2025-04-04 DOI: 10.1016/j.iree.2025.100315
Rossen Trendafilov, Meghan Hennessy Mihal
Evidence of using podcasts in the classroom to supplement learning, while engaging students as a teaching tool has gained popularity in various introductory courses across many different disciplines. When compared to research papers, student-created podcasts rely on a less formal and more conversational language combined with hands-on use of technology, they have the potential to increase student engagement in disciplines like economics and finance. The process of simplifying and summarizing analysis, and explaining data in audio-only formats can help students understand concepts better. Further, student-created podcasts help students improve their communication skills, which are crucial for their placement on the job market. Using this hands-on approach, we have introduced podcast assignments in multiple courses. The novelty of our study is that we have introduced the student-created podcasts in upper-level economics and finance courses as an alternative to more traditional assignments while also including the assignments and details for other instructors to easily implement in their own courses. We conducted a survey to measure the impact of the podcasts on student engagement, learning outcomes, and job market preparedness. Having students research, write, and produce a podcast provides them with a tangible experience and a product that can be widely shared over social media and podcast platforms. Based on survey data collected we show that student-created podcasts are a successful educational tool that complements the existing traditional assignments, and students find creating the podcasts highly engaging and valuable.
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引用次数: 0
Integrating programming into the modern undergraduate economics curriculum
IF 1.3 4区 经济学 Q3 ECONOMICS Pub Date : 2025-03-11 DOI: 10.1016/j.iree.2025.100310
Nigar Hashimzade , Oleg Kirsanov , Tatiana Kirsanova
The increasing demand for computational skills in economics necessitates the integration of programming into undergraduate economics curricula in the UK. This paper argues for a systematic incorporation of programming courses tailored to economics students, addressing the limitations of current approaches and highlighting the benefits of such integration. We propose a sequence of introductory and intermediate-level integrated courses, and argue that this curriculum change will enhance students’ understanding of economic concepts, improve their employment prospects, and better prepare them for postgraduate studies. This paper aims to initiate a discussion and exchange of ideas and experiences on this subject at the national level.
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引用次数: 0
The belief that monetary exchanges are mutually beneficial: Are economics students different? Evidence from Guatemala
IF 1.3 4区 经济学 Q3 ECONOMICS Pub Date : 2025-01-18 DOI: 10.1016/j.iree.2025.100309
María Jesús Valdemoros-Erro , José Luis Álvarez-Arce , Elena Sanjurjo-San-Martín
Research indicates that economics students are more supportive of the market allocation mechanism than their peers from other disciplines. This study investigates if these differences apply equally to their views on the mutual gains of voluntary and monetary transactions. Using survey data from university students in various majors in Guatemala, we found no significant differences across disciplines in the belief that voluntary exchanges are mutually beneficial. However, economics students showed significantly stronger agreement with the idea that monetary exchanges benefit all involved parties. This group also demonstrated a more consistent stance on voluntary and monetary exchanges, a pattern observable even among first-year students, indicating the presence of a self-selection effect. Our findings add novel insights to the discussion on the distinctive perspectives of economics students, while providing evidence from a developing country, a context barely studied before.
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引用次数: 0
Online academic exams: Does multiplicity of exam versions mitigate cheating? 在线学术考试:考试版本的多样性是否减少了作弊?
IF 1.3 4区 经济学 Q3 ECONOMICS Pub Date : 2024-11-29 DOI: 10.1016/j.iree.2024.100305
Flip Klijn , Mehdi Mdaghri Alaoui , Marc Vorsatz
We study academic integrity in a final exam of a game theory course with 463 undergraduate students at a major Spanish university. The exam is an unproctored online multiple-choice exam without backtracking. A key characteristic is that for each (type of) problem, groups of students receive different versions. Moreover, each problem version is assigned to one subgroup during one stage of the exam and to another subgroup during an immediately consecutive later stage. Thus, we can exploit grade points and timestamps to study students’ academic integrity. We observe a significant decrease in completion time at each later stage; however, surprisingly, there is no corresponding impact on average grade points. The precise number of different versions does not seem to have an effect on either variable. Our findings thus suggest that employing a limited number of distinct problem versions (as few as two) can diminish cheating effectiveness in online exams.
我们在西班牙一所主要大学的463名本科生的博弈论课程的期末考试中研究学术诚信。该考试是一个没有监考的在线选择题考试,没有回溯。一个关键的特点是,对于每种(类型)问题,不同的学生群体会收到不同的版本。此外,每个问题版本在考试的一个阶段分配给一个子组,在随后的阶段分配给另一个子组。因此,我们可以利用分数和时间戳来研究学生的学术诚信。我们观察到在每个后期阶段的完成时间显著减少;然而,令人惊讶的是,对平均成绩没有相应的影响。不同版本的确切数量似乎对这两个变量都没有影响。因此,我们的研究结果表明,使用有限数量的不同问题版本(少至两个)可以减少在线考试中的作弊效果。
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引用次数: 0
Equity in hybrid microeconomics classes: Effects on diverse student groups 混合微观经济学课程的公平性:对不同学生群体的影响
IF 1.3 4区 经济学 Q3 ECONOMICS Pub Date : 2024-10-08 DOI: 10.1016/j.iree.2024.100304
Savannah Adkins
The Covid-19 pandemic created a sudden increased uptake of online teaching, and though the end of the pandemic signaled a shift back to more in-person learning, many schools have used the existing infrastructure to expand their offerings of online and hybrid courses. While previous studies have identified the impact of online teaching on student score, little work has been done on the heterogenous impact that online and hybrid teaching can have, particularly for underrepresented groups of students. I utilize a randomized control trial in an introductory microeconomics course to test whether there are any differences in quiz score with a lecture delivered online as compared to in-person, mimicking a hybrid class environment. I find that when students watch a lecture online, they score 5 percentage points lower on average than attending a lecture in-person. This estimate is based on an intent-to-treat study design and estimates within-individual effects. I also assess heterogeneous effects across various demographic variables, including gender, race, and First-Generation status, and find that this result is particularly salient for non-White and first-generation students, highlighting the equity implications of moving to online teaching.
19 大流行病使在线教学的使用率骤然上升,尽管大流行病的结束预示着在线教学将回归更多的面对面学习,但许多学校还是利用现有的基础设施扩大了在线和混合课程的开设。虽然以往的研究已经确定了在线教学对学生成绩的影响,但对于在线和混合教学可能产生的异质性影响,尤其是对代表性不足的学生群体的影响,却鲜有研究。我在微观经济学入门课程中利用随机对照试验,模拟混合课堂环境,测试在线授课与面对面授课在测验分数上是否存在差异。我发现,当学生在线观看讲座时,他们的平均得分比亲自参加讲座时低 5 个百分点。这一估计基于意向治疗研究设计,并估计了个体内部效应。我还评估了各种人口统计学变量的异质性效应,包括性别、种族和第一代学生身份,并发现这一结果对非白人和第一代学生尤为突出,凸显了转向在线教学对公平的影响。
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引用次数: 0
Measuring economic graph competence 衡量经济图表能力
IF 1.3 4区 经济学 Q3 ECONOMICS Pub Date : 2024-09-28 DOI: 10.1016/j.iree.2024.100302
Malte Ring , Luis Oberrauch
The ability to work with graphs is at the core of the economic domain and is also one of the central challenges for novices in the field. To accurately assess the graph competence of higher education students, we developed and tested an 18-item graph competence instrument with different economics graphs. The sample consisted of 579 students from multiple higher education institutions in southwestern Germany. Our findings reveal that while students generally perform well on basic graph operations, they struggle with complex tasks such as comparing quantities and understanding economic implications, particularly with supply and demand models and indifference curves. The results highlight the need for instructional focus on integrating graph reading with economic concepts and provide a diagnostic tool for further research. The study underscores the challenges faced by learners, especially those with limited economic background and female students, and offers insights for improving economic graph education.
图形处理能力是经济领域的核心,也是该领域新手面临的核心挑战之一。为了准确评估高校学生的图形能力,我们开发并测试了一个包含 18 个项目的图形能力工具,并使用了不同的经济学图形。样本包括来自德国西南部多所高等院校的 579 名学生。我们的研究结果表明,虽然学生们在基本图形操作方面普遍表现良好,但他们在数量比较和理解经济含义等复杂任务方面却很吃力,尤其是在供求模型和无差异曲线方面。研究结果凸显了将图形阅读与经济概念相结合的教学重点的必要性,并为进一步研究提供了诊断工具。研究强调了学习者,尤其是经济背景有限的学生和女生所面临的挑战,并为改进经济图表教育提供了启示。
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引用次数: 0
Improving student outcomes using automated feedback in a first-year economics class 在一年级经济学课堂上利用自动反馈提高学生成绩
IF 1.3 4区 经济学 Q3 ECONOMICS Pub Date : 2024-09-26 DOI: 10.1016/j.iree.2024.100303
Sinead Huskisson , Tom O'Mahony , Seán Lacey
The assessment literature advocates utilising formative assessment strategies to support and enhance student learning. This study uses online practice tests with inbuilt feedback, that students could repeatedly use, as a formative feedback strategy in a first-year introductory microeconomics module. The key question explored is whether repeated engagement with online practice tests had a statistically significant impact on students’ subsequent performance on a summative assessment. Quantitative engagement and performance data (N = 223) were collected from a cohort of first-year students. An analysis of this data reveals that engaging with the online practice test multiple times has a statistically significant impact on final performance. Controlling for the mid-term grade, on average, each cycle of ‘seeking and acting’ increases grades in the final exam by 1.3 % (p = 0.003). Hence, the data suggests that incorporating multiple opportunities to take an online practice test, which includes feedback, is an important feature of the strategy. A smaller sample of qualitative survey data (N = 131) reveals that these economics students hold traditional views of feedback with little awareness of their own role in seeking and acting on feedback. We argue that formative practice tests have the potential to support the development of student feedback literacy.
评估文献提倡利用形成性评估策略来支持和促进学生的学习。本研究在一年级微观经济学入门模块中使用了带有内置反馈的在线练习测试作为形成性反馈策略,学生可以反复使用。探讨的关键问题是,反复参与在线练习测试是否会对学生随后在终结性评估中的表现产生统计学意义上的显著影响。我们收集了一批一年级学生的参与和成绩数据(N = 223)。对这些数据的分析表明,多次参与在线练习测试对期末成绩有显著影响。在不考虑期中成绩的情况下,平均而言,每个 "寻求和行动 "周期都会使期末考试成绩提高 1.3%(p = 0.003)。因此,数据表明,包含反馈在内的多次在线模拟考试机会是该策略的一个重要特点。较小样本的定性调查数据(N = 131)显示,这些经济学学生对反馈持有传统观念,很少意识到自己在寻求反馈和根据反馈采取行动方面的作用。我们认为,形成性练习测试具有支持学生反馈素养发展的潜力。
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International Review of Economics Education
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