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Peakonomics: Toward a Case Typology for Increasing Undergraduate Economics Literacy and Concept Retention (Economics EDUCATION ARTICLES)
Journal of Economics and Economic Education Research 2008, Jan, 9, 1
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Publisher Description
INTRODUCTION This paper hypothesizes there is a legitimate enhanced role in undergraduate economics curricula for examples modeled from the popular book Freakonomics Levitt and Dubner (2005). The following research question is posed: Can popular Freakonomics style economic case examples increase average student retention of basic economics principles? Selected Freakonomics case examples are compared with leading contemporary economics texts to reveal similarities in the economic concepts they demonstrate. An economics case typology named Peakonomics is then presented to build face validity for quantitative research answering the posed question. This line of inquiry warrants a rigorous analysis and academic dialogue in part due to a recent adoption pattern of Freakonomics in many prestigious universities in both economics and non-economics classes.