Scoring methods in multiple-choice tests are usually designed as fair bets, and thus random guesswork yields zero expected return. This causes the undesired result of forcing risk averse test-takers to pay a premium in the sense of letting unmarked answers for which they have partial but not...

This paper reports an experiment that investigates the effectiveness of cheat sheets as study aids for economics tests. A cheat sheet is a piece of paper that students can write anything they want on and use during a test. I find that both preparing and using a cheat sheet improves students'...

This paper surveys the current state of teaching in international macroeconomics and finance. After collecting graduate international macroeconomics syllabi taught by international economists in the leading US economics departments between 2001 and 2005, I study whether there is consensus on...

We carried out a survey among a large group of undergraduate students of different disciplines and different years to test whether the study of economics or scientific majors influences the degree by which people are affected by money illusion. We find significant differences between first-year...

Although the online teaching format continues to grow in popularity, faculty members teaching these courses are finding that this type of course places much larger demands on their time then a traditional format course. The subject matter covered and methodology used when instructing economics...

A number of researchers have studied the effect of social networks on student academic performance, but the results are not only contradictory but also limited by the use of self-reported estimations of social network use. This paper overcomes this problem, however, as we collect unique data on...

Although the online teaching format continues to grow in popularity, faculty members teaching these courses are finding that this type of course places much larger demands on their time then a traditional format course. The subject matter covered and methodology used when instructing economics...

Cost analysis of Columbus' first trip to America. The total cost was about 2.000.000 maravedis (1 ounce of gold = 300 maravedis) and have been financed by the king and Quinn of Spain, Greeks, Colombus family, people from Spain, Portugal, Italy and England. (1 dinero = 1,5 maraveids and 1 ducat =...

This paper reports an experiment that investigates the effectiveness of cheat sheets as study aids for economics tests. A cheat sheet is a piece of paper that students can write anything they want on and use during a test. I find that both preparing and using a cheat sheet improves students'...