Learning Outcomes For Economists

Articulating thoughtful learning outcome statements for courses and majors improves teaching and learning and satisfies accreditation requirements. After reading this paper, economists will be able to construct learning outcome statements that guide and enhance teaching and learning in their courses and programs. We present a framework for developing learning outcomes based on a set of five fundamental competencies in economics. We then provide another public good, offering a complete set of learning outcomes for an introductory microeconomics course, which instructors can include in their syllabi. For additional guidance, we construct examples of lesson-specific learning outcomes as well

SUPPLY AND DEMAND ISSUES FOR A CONVENIENCE LEARNING COURSE

This paper explores and analyzes supply and demand of university-level convenience learning courses. Procedures involve use of microeconomic theory to conceptually analyze supply, demand, benefits and costs and a case study comparison of a traditional course to a convenience learning course that has been offered for three years.Teaching/Communication/Extension/Profession,

Training effectiveness assessment: Where are we?

Over 9,000 pilot training courses have been conducted at FSI using the Bell 222 and Sikorsky S-76 simulators. Through the use of FAA exemptions, these simulators can be used for certain training and checking credit. The history of the development and use of commercial helicopter simulators and the opportunities for their increased utilization and use were explored

Five Years with the Euro

Since the start of the European Monetary Union there has been an intense debate on whether the euro would challenge the U.S. dollar’s dominant role first as an international currency, and then as an official reserve currency. Five years after the euro was born, it is considered without doubt an international currency since it has been reported that ¨in December (2006) the currency came of age by overtaking the U.S. dollar in terms of the value of notes in circulation¨1. Moreover, since the euro has successfully developed a solid financial market, it is consequently eroding some of the advantages that historically supported the hegemony of the U.S. dollar as a reserve currency. There are two intertwined reasons that explain why the U.S. dollar remains the leading international currency. To begin with, there is (1) inertia in the use of the U.S. dollar due to years of currency pre-eminence which (2) has helped the U.S. dollar to have an edge over the euro in terms of the size, credit quality and liquidity of the dollar financial markets over the euro market. Despite all this, the euro has been enjoying a successful moment in the last years since it is appreciating against the U.S. dollar especially since mid-2002Euro, international currency, definition of money,

Labour Market Information Driven, Personalized, OER Recommendation System for Lifelong Learners

In this paper, we suggest a novel method to aid lifelong learners to access relevant OER based learning content to master skills demanded on the labour market. Our software prototype 1) applies Text Classification and Text Mining methods on vacancy announcements to decompose jobs into meaningful skills components, which lifelong learners should target; and 2) creates a hybrid OER Recommender System to suggest personalized learning content for learners to progress towards their skill targets. For the first evaluation of this prototype we focused on two job areas: Data Scientist, and Mechanical Engineer. We applied our skill extractor approach and provided OER recommendations for learners targeting these jobs. We conducted in-depth, semi-structured interviews with 12 subject matter experts to learn how our prototype performs in terms of its objectives, logic, and contribution to learning. More than 150 recommendations were generated, and 76.9% of these recommendations were treated as useful by the interviewees. Interviews revealed that a personalized OER recommender system, based on skills demanded by labour market, has the potential to improve the learning experience of lifelong learners.Comment: This paper has been accepted to be published in the proceedings of CSEDU 2020 by SciTePres

False Modesty: When Disclosing Good News Looks Bad

Is it always wise to disclose good news? We find that the worst sender with good news has the most incentive to disclose it, so reporting good news can paradoxically make the sender look bad. If the good news is attainable by sufficiently mediocre types, or if the sender is already expected to be of a relatively high type, withholding good news is an equilibrium. Since the sender has a legitimate fear of looking too anxious to reveal good news, having a third party disclose the news, or mandating that the sender disclose the news, can help the sender. The predictions are tested by examining when economics faculty at different institutions use titles such as "Dr" and "Professor" in voicemail greetings and course syllabi.disclosure, persuasion, communication, verifiable message, countersignaling, private receiver information

Vocational education and training : a review of World Bank investment

In the past ten years the most striking achievement of vocational education and training (VET) has been the development of national training systems from nonformal training centres and post secondary technical education institutions. This has happened largely in middle income countries. Investments in low income countries, especially those in Sub Saharan Africa, have been less successful. In addition implementation weakness and stagnating economies have made it difficult to set up any type of training. Investment in national training programs has just begun in these poorer countries, and success is uncertain because of continuing economic constraints. These patterns suggest that the level of economic development and the consequent size and dynamism of industrial employment have a powerful influence on the outcome of investments in vocational education and training. In small low income countries, recent Bank experience suggests that resources be concentrated in nonformal training centres, training quality, development of management capacity in training institutions, and aggressive marketing of training opportunities and services.Teaching and Learning,Primary Education,Gender and Education,Curriculum&Instruction,ICT Policy and Strategies

Republic of Ghana Country Strategy Paper 2012-2016

This report aims to propose a Bank Group's strategy for supporting Ghana's development efforts over the period 2012 -- 2016. Several factors make a new Bank country strategy for Ghana particularly timely at this moment. These include the enormous challenges the country still faces in its development trajectory in spite of its impressive growth in the last decade, the recent adoption by the Government of the "Ghana Shared Growth and Development Agenda" (GSGDA), the promising developments the country is experiencing in its economic prospects, including becoming an oil producer, attracting interest from BRICS, and the recent completion by the Bank and other development partners of a number of key knowledge products. All these combined provides an opportunity for the Bank and Ghana to lay the foundations for a renewed partnership

Insights Into The Importance Of Economic Concepts To Other Introductory Business Courses

The current study uses results of a survey of non-economics business faculty to determine the importance of economic concepts in non-economics introductory business courses. The results give economists data to make the principles of economics course more relevant to the business student and bolster efforts by accrediting bodies to achieve greater business curricular integration