Confusions in Textbooks

Some instructors have reported in the economics education literature that some important concepts are not always explained properly or that some confusions exist in textbooks.

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Government’s Role

Eyzaguirre et al. (2019) describe typical shortcomings about the role of governments in principles textbooks.

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Gross Domestic Product

Wolla (2018) describes the confusions that exist in the presentation of the gross domestic product (GDP) expenditures approach

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Invisible Hand

Dupont and Durham (2020) remind that the invisible hand must be placed in a historical context to make sense. They provide material to approach Adam Smith's invisible hand in the classroom, including experiments.

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Substitution and Income Effects

Picault (2016) describes the confusions that exist in the presentation of substitution and income effects

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