Economics Courses Research Articles

Teaching Auction Theory to Finance Students

Auctions are generally taught in economics courses in a discussion of game theory or mechanism design. While the topic is important from a theoretical perspective, it is also crucial to students' understanding of how capital markets work, yet few instructional techniques exist for incorporating auctions into classroom discussions in finance courses. This articlesummarizes a great exercise/game that allows students to learn about auctions through participation in a series of actual auctions. The exercise is designed for a single class period of eighty to ninety minutes. We have used the game as an introduction to courses in both corporate finance and financial markets and institutions both at the undergraduate and graduate levels. It has been well received by students at numerous universities.

The Construction of an Effective Model for University Economics Curriculum from the Perspective of Red Education

Starting from Chinese history, this article first analyzes the necessity and feasibility of integrating economics courses into red education for college students. It points out that the integration of economics courses into red education for college students faces practical and practical difficulties, as well as the lack of practical funding for red education in economic universities, serious shortage of social investment, and incomplete operating mechanisms. Finally, this article proposes targeted countermeasures and suggestions for integrating red education into university economics courses.

DETERMINANTS OF UKRAINIAN ECONOMIC AND FOOD SECURITY DEVELOPMENT UNDER THE CONDITIONS OF MARTIAL LAW

The aim of the study is to find out the determinants of economic development and food security in Ukraine under martial law. The relevance of this topic is determined by the agricultural orientation of the Ukrainian economy and the problems of exporting under war conditions, which can lead to famine all over the world and a decrease in cash receipts in the budget of Ukraine. The main results of the research showed that until now Ukraine was focused on the production of law value-added goods. In addition, a significant decrease in GDP during the war and the study of the experience of the Second World War made it possible to assume that the economic decline was caused not only by war factors but also by structural imbalance and the raw nature of the economy. The agro-industrial complex of our country, on the one hand, can ensure food security, both within the country and in the world, but taking into account recent events, this is not always possible. It is worth noting that russia increased wheat exports, and Ukraine, on the contrary, was forced to reduce it. Also, a ban on the export of Ukrainian agricultural products in some countries of the EU until June 5, 2023, caused a great resonance in society due to negative economic consequences. It was proposed to extend this ban, which cannot have a positive effect on the economy of our country. Taking this into consideration, it is necessary to change the entire economic course of the country, which should take into account national economic interests, security determinants, reduce dependence on external factors, and balance the structure of the economy. The export of agricultural products should be carried out not only due to the interests of the EU but also the national interests of Ukraine.

Cost effectiveness and optimal control analysis for bimodal pneumonia dynamics with the effect of children's breastfeeding

The global impact of exclusive versus inclusive nursing on particular baby mortalities and morbidities from conception to 6 months is examined in this study. Exclusive breastfeeding practices are more crucial and effective in preventing illness outbreaks when there is no access to appropriate medications or vaccinations. Additionally, this study takes optimal control theory into account, applying it to a system of differential equations that uses Pontryagin's Maximum Principle to describe a bimodal pneumonia transmission behavior in a vulnerable compartment. The proposed pneumonia transmission model was then updated to include two control variables. These include preventing illness exposure in susceptible children through various preventative measures and treating infected children through antibiotics, hospital care, and other treatments. If the threshold number (ℜ0) is less than one, then treatment and prevention rates are increased, and the disease will be wiped out of the population. However, when (ℜ0) is greater than one, then the disease persists in the population, which indicates that prevention and treatment rates are low. To evaluate the cost-effectiveness of all potential control techniques and their combinations, the incremental cost-effectiveness ratio (ICER) was determined. The simulation results of the identified model show that the interventions of prevention and treatment scenarios were the most successful in eradicating the dynamics of the pneumonia disease's propagation during the epidemic, but they were ineffective from a cost-saving perspective. Therefore, limiting pneumonia transmission to prevention alone during an outbreak is the most economical course of action.

THE IMPACT OF THE TRAINING METHOD ON STUDENT SATISFACTION: THEORY VERSUS PRACTICE - ONE OF THE MOST CONTROVERSIAL ISSUES IN HIGHER EDUCATION

In my study, after a general introduction to the training method, I discuss its important role in higher education and link it to the learning pyramid theory. I will describe the so-called T-subjects integrated in the curriculum of our university (Hungarian Agricultural and Life Sciences University, MATE), which are implemented in the economics majors (bachelor, master and doctoral), and which are present in both our Hungarian and English language economics courses. In the empirical part, I summarise the opinions expressed in the textual reflections of a selected group of students from the Leadership Skills Training in five different classes of international students. The feedback clearly demonstrates that master’s students need both the latest and most up-to-date theories and the skills acquired through experiential learning.

Financial Socialization, Financial Identity, and Financial Well-Being Among University Students Taking a Consumer Economics Course

Financial Socialization, Financial Identity, and Financial Well-Being Among University Students Taking a Consumer Economics Course

Development and Evaluation of Home Economics Dietary Education Programs for Improving the Sustainable Dietary Competencies of High School Students

This study aimed to develop, and evaluate the effectiveness of, a home economics dietary education program that could be used to improve high school students’ sustainable dietary competencies. To achieve this goal, learning objectives and elements were selected for the education program to improve the students’ sustainable dietary competency. The content validity of this program was verified with numerous experts. After implementing the new educational program, its effect on high school students' sustainable dietary competencies was assessed through pre- and post-tests. The results of this study are summarized as follows. First, through the textbook analysis, the necessity of developing an educational program that can cultivate the three areas that constitute a sustainable diet (environment, health, and consideration) was confirmed. Second, a total of nine teaching and learning plans for sustainable dietary education programs were developed. From there, content validity verification was conducted by experts, indicating that the developed educational program was highly applicable in the field. Third, after the implementation, a survey was conducted based on a questionnaire consisting of 20 items related to three areas of sustainable diet, while the pre- and post-test assessment indicated statistically significant differences in all three areas: environment (pre: 3.40, post: 4.46, p<.001), health (pre: 3.15, post: 4.32, p<.001), and consideration (pre: 3.46, post: 4.48, p<.001). It is expected that the educational program developed in this study will be used as a basis for dietary education that fosters food citizenship in high school home economics courses.

The university training of the sports manager in Italy between legislative misapplications and overlapping degree courses

PurposeThe implementation of the 2021 sports reform in Italy introduced new professional figures, including the sports manager, defined by Legislative Decree no. 36/2021. According to this law, a master's degree in Organization and Management of Services for Exercise and Sport Sciences (LM-47) is required to practice as a sports manager. However, some universities offer bachelor's and master's degree courses in sports management under different study classes, such as Sciences of Legal Services (L-14), Administration and Organization Sciences (L-16), Business and Management Sciences (L-18), and Business Economics (LM-77). These degree courses may qualify individuals as pseudo-sports managers, despite substantial differences in the educational content compared to the legally defined sports manager profile. This study aimed to assess the illegitimate overlap of degree courses outside the class LM-47 and the discrepancies in their study plans compared to those of LM-47, which is the only one corresponding to the sports manager profile.MethodsThis documentary investigation used the two Ministerial Decrees of 2007 of the bachelor’s and master’s degree classes to extrapolate the degree courses involved in the overlap. Universitaly portal was used to identify the relevant subjects included in the individual degree courses in sports management other than the LM-47. The textual analysis of the objectives and content of the degree courses was done through the literature review tool Preferred Reporting Items for Systematic Reviews and Meta-Analyses (PRISMA), highlighting the relevant or consistent elements of the profile of the sports manager as established by law.ResultsDegree courses in Law and Sports Management in class L-14 have a juridical professional profile, which is minimally relevant to the sports manager's role. Similarly, degree courses in Economics and Business Management Sciences in the class L-18 and Administration and Organization Sciences in the class L-16 focus on economic–financial administration and management control, lacking alignment with the sports manager profile. Even master's degree courses in the class LM-77 exhibit disparities with the sports manager profile as defined by the law. Furthermore, all these degree courses lack European credit transfer system (ECTS) credits in the exercise and sport sciences area, an essential aspect of the sports manager profession.ConclusionThere are evident contradictions in the degree courses designed for sports managers other than LM-47. According to the law, a master’s degree in study class LM-47 is required to pursue this profession, but there are several degree programs from different classes of study (juridical and economic) available in the national educational offering. This situation may lead to the misapplication of Legislative Decree no. 36/2021 and result in problems with professional accreditation and limited employment opportunities for graduates of such courses. To promote the development of this professional figure, it is necessary to improve the educational offerings in the LM-47 with a more integrated approach to various economic and juridical knowledge to meet the educational needs of future sports managers who navigate the real dynamics of the sports industry.

Learning Transformation in the Human and Natural Resources Economics course through the GPT Chat: A Review”

In the world of education, we are led to carry out learning that is easy to understand and carried out by many developments in the field of technology. Where the purpose of the research is to explain Learning Transformation in the Human and Natural Resources Economics course through the GPT Chat. In the Human and Natural Resources Economics course, the use of GPT Chat can provide convenience for students in carrying out the learning transformation process. A review is conducted on the state-of-the-art methods using the preferred reporting items for reviews and meta-analyses (PRISMA) guidelines. In the world of education, we are led to carry out learning that is easy to understand and carried out by many developments in the field of technology. One of the learning transformations is to use AI as a technology that can help humans achieve greater progress and open up new opportunities for innovation and success in various fields. Especially in human resource and natural resource economics courses, digital-based learning transformation using GPT chat can simplify and access the information needed in the learning process.

If you only had five minutes: Best advice for new instructors of economics

Teaching a course in economics for the first time can be a daunting task, whether the instructor is a graduate student or a new faculty member in their first post-PhD years. In gauging what advice is considered most vital from among the plethora of potential sources, the authors surveyed seasoned economics instructors, asking respondents to distill their advice into what they could provide within a five-minute time constraint. Their responses were then processed with a mix of human perception and machine-based natural language processing. In this manner, they gained an understanding of what seems to matter the most when starting out in the economics classroom and thus provide usable insights for economic educators on both the giving and receiving end of the guidance process.

Using backward design to create a more diverse, equitable, and inclusive principles course

The economics profession has been working to become more open, inclusive, and welcoming. The introductory principles of economics courses provide a unique opportunity to teach students of the wider university the value of the field of economics. It is in this setting that instructors’ interactions with students show them a welcoming and diverse profession or confirm that economics provides a toolbox useful only to some. Using a careful backward course design and attention to creating a diverse, equitable, and inclusive environment, the following article’s author presents a principles of microeconomics course with the potential to illustrate to undergraduate students the value of a degree in economics for all students.

Pengaruh Lingkungan Sekolah terhadap Kejenuhan Belajar serta Implikasinya pada Hasil Belajar Siswa Mata Pelajaran Ekonomi

The study was carried out in response to the issues at MAN 3 Tasikmalaya, namely the poor learning results. This was shown by several students who failed to meet the minimal completion standard (KKM) for economics courses. Education quality may suffer as a consequence of poor student learning results. This study's goal was to ascertain how the school setting affected learning saturation and what it meant for students' performance in economics courses. This study used an explanatory survey together with questionnaires and methods for data gathering from observation. 136 class XII IPS students make up the population, which was selected using a saturated sample. approaches for data analysis that use route analysis. The findings of the study indicate that: 1). The school setting has a negatif and substantial impact on students' learning saturation in economics courses, 2). The learning results of students in economics topics are positively and significantly impacted by the school environment, 3). Student learning results in economics disciplines are negatifly and significantly impacted by school learning saturation, 4). Through learning saturation, the school setting has a substantial impact on students' economics learning results.

PENGEMBANGAN PERANGKAT UNTUK PEMBELAJARAN FLIPPED CLASSROOM BERBASIS KEARIFAN LOKAL PADA MATA PELAJARAN EKONOMI

Learning success may be impacted by educational technology. Teachers must transition from verbalist orators to those with the capacity to foster an environment that is conducive to learning. The objective of this research is to create resources for flipped classroom instruction in the Class X Economics course at SMA Negeri 1 Kayan Hulu. The method used is research and development. The development model used is ADDIE (Analyze, Design, Develop, Implement, and Evaluate). The research participants consisted of 2 expert validators, 2 teachers as assistants and 35 class X students of SMA Negeri 1 Kayan Hulu. This research was conducted at SMA Negeri 1 Kayan Hulu, Sintang District, West Kalimantan. The instruments used are Assessment Questionnaires, Student Response Questionnaires, Observation Sheets and Tests. Data analysis techniques include validity analysis, practicality analysis and effectiveness analysis. The conclusion of this study is that the learning tools are arranged according to the independent curriculum, namely teaching modules, learning videos, and student worksheets. The results of the validation of the developed device are categorized as good and suitable for use. Judging from the percentage of student learning completeness, an average of 85.75 is obtained and the percentage of classical completeness is 100%.

Research on sharing economics classroom teaching methods based on innovative talent cultivation

The training of professional talents must keep pace with the times. In the era of the Internet and big data, economic and social development requires economics talents not only to master economic theory, but also to master emerging subject knowledge such as big data and modern information technology to help promote the healthy development of new industries and new business formats. The ability structure and knowledge structure required by traditional teaching methods are out of touch with the needs of the times. Currently, not only sharing economics courses, but also professional textbooks on sharing economics are in short supply in the industry. Based on this, this article explores the classroom teaching methods of sharing economics from the perspective of innovative talent cultivation, with a view to providing possible reference for the classroom teaching design of other courses.

Economics Modules for Students of the Economics Study Program, State University of Medan T.P. 2022/2023

Learning during COVID-19, which is conducted through online tutorials, provides limited access to students to get information about teaching materials, including economics teaching materials, especially essential materials. As faculty, we are required to be more creative in anticipating this problem, so that the quality of learning has improved. For this reason, it is necessary to compile a module that can be prepared by students, especially modules of the economics course that are in accordance with the requirements of the curriculum of the Indonesian national qualification framework. This research aims to make a module that is relevant and suitable for use in the learning process. The method used is the research and development of Borg and Gall. This research was conducted with students of the Economics Studies Program of the Faculty of Economics of Medan State University with a population of all students who took the Microeconomics course 2022/2023. With samples divided into three, that is, 3 people for individuals, 6 people for small groups and 30 people for field groups. To see the feasibility, this draft of the module was validated by validators who are experts in their fields, and to see the technicality, this module was tested to the students. The results of this study show that this developed module should be used in economic

China’s Strategy Toward the De Facto States of the Post-Soviet Space from a Neorealistic Perspective

The article analyzes the strategy of the People's Republic of China in relation to the de facto states of the post-Soviet space. The problem has not received enough attention in the Russian research literature; Western researchers cover the issue sporadically. It seems necessary to answer the question: is the PRC's interest limited solely to the economic direction of private companies or is it part of a large-scale state strategy to expand its influence in the South Caucasus (Abkhazia, South Ossetia, Nagorno-Karabakh) and the left bank of the Dniester (Transnistria)? The economic course of the PRC is part of the political processes. Attempts to establish political influence in different regions of the world are realized through economic involvement and control. On the global political arena China promotes its image of a supporter of expanding cooperation and prevention of regional conflicts, while successfully balancing between different competing groups in the world system, establishing profitable economic relations with each side. Applying the tools of neorealism to the analysis of China's strategy toward the de facto states of the post-Soviet space we concluded that the gradual and implicit promotion of Chinese interests in the de facto post-Soviet republics is part of China's global approach.

Ways of adapting the scandinavian experience of entrepreneurial education in secondary and vocational educational organization of Ukraine

Ways of adapting the scandinavian experience of entrepreneurial education in secondary and vocational educational organization of Ukraine

Teaching methods and materials in undergraduate economics courses: School, instructor, and department effects

There has been very little change in how the economics profession teaches undergraduate students over the last 25 years. This study examines the effects of school, instructor, and departmental characteristics on teaching methods and materials used in undergraduate economics courses. We employ the regression framework originally used by Harter, Schaur, and Watts (2015a), but differentiate our work from prior research by using a single survey sample, separating descriptive statistics by course type, adding new dependent variables (e.g., use of adaptive learning technologies), and creating figures to represent predicted probabilities for a variety of variables. We find, among other things, that changes in departmental policies, such as teaching loads and class sizes, along with shifts in the composition and characteristics of faculty members (e.g., male vs. female or years of teaching experience) may have unintended consequences on instructors’ teaching practices. These findings have implications for school and departmental policies that could affect the quality of undergraduate economics course instruction.

Selection and creation of the content of Applied Mathematics courses at the university of economics

The changes taking place in a dynamically developing industrial production and society determine the main trends in the field of educational activities. The need for innovative transformations in the training of economists with the appropriate amount of knowledge to successfully solve production and organizational problems is obvious. An analysis of undergraduate and specialist programs at leading domestic and foreign universities of Economics shows that in recent years there has been an increase in the mathematical component in Economics education. The professional training of economists and managers is aimed at the development of a set of qualities and competencies necessary for future professional activity in the learning process. The list of professional and general competencies is regulated by the State Educational Standard. Mathematical courses are basic in the training of economists and managers. Knowledge of the mathematical foundations allows the student to study most of the Economics courses of the bachelors degree and continue their education in the masters program. The ability of an economist to apply the mathematical knowledge gained over the years of study in professional activities makes him/her competitive in the labor market. The most important factor in the demand for mathematically literate economists and managers is the growing digitalization of the economy. The task of selecting and creating the content of mathematical courses in the current paradigm of Economics education is of paramount priority. The paper attempts, on the basis of the Federal State Educational Standards for Economics major, to determine the courses of Applied Mathematics that ensure the development of professional competencies and their meaningful filling with theoretical and practical material, to substantiate the relevance of the chosen strategy for selecting the content of education in mathematical courses.

Endogenous Development as Strategic Resource of Agrarian Growth in Conditions of Global Challenges

Each stage of the development requires correction of economic course, especially in conditions of global challenges. The period of orientation to external sources of growth at the expense of selling raw materials and power products abroad is over, thus it is necessary to pass over to endogenous development of Russian economy, especially agriculture. Information provided in the article gives evidence to a big share of exported resources in respect to the volume of their production or extraction. Four fifth of mineral fertilizers produced in the country is sold abroad, though home agriculture uses them in insufficient volume. Additional amounts of mineral fertilizers in Russian fields could increase the volume of food that is in demand on global markets. Power resources that cannot be used due to anti-Russian sanctions could be directed to internal needs, which could give an opportunity to convert them into goods with high added value. Putting resources that were not used by western countries in home economy can create extra capacities and extend taxation base, which could compensate for losses on foreign market. In agriculture priority shall be given to the development of local economy mobilizing local labour and material resources, which apart from production effect could provide opportunities for resolving a number of social and economic problems caused by big agricultural producers. The author came to the conclusion about the promising nature of endogenous development, which can ensure the quality of Russian economy growth and its agrarian sector.