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Treasury Inflation-Protected Securities (TIPS) are useful for teaching how the microeconomic tools of consumer choice are related to key macroeconomic variables like inflation, real interest rates, […]
Most undergraduate macroeconomics courses do not address the precautionary motive, an essential factor behind savings decisions. This motive arises when future income is uncertain; consequently, we […]
Economics instruction is moving away from lecture and “talking at students” toward engaging student activities in which students discover economic concepts through interactive demonstrations. This paper […]