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Publications


Forthcoming Publications

  • Watts, Michael New and Enduring Topics and Trends in Economic Education Research. Korean Journal of Economic Education,
  • Watts, Michael & Christopher, Chineze Using Art (Paintings, Drawings, and Engravings) to Teach Economics. Journal of Economic Education,
  • Watts, Michael What Editors Do and Want Us to Know. Experiences of Journal Editors,
  • Watts, Michael with Becker, William E. & Bosshardt, William Economics Coursework in BA and BS Degrees. American Economic Review,

Journal Articles

  • Watts, Michael with Bosshardt, William & Becker, William E. (2012). How Departments of Economics Evaluate Teaching. Journal of Economic Education, (43), 325-33.
  • Watts, Michael with Allgood, Sam; Bosshardt, William & van der Klaauw, H. Wilbert (2012). Is Economics Coursework, or Majoring in Economics, Associated with Different Civic Behaviors?. Journal of Economic Education, (43), 248-68.
  • Watts, Michael with Schaur, Georg & Becker, Willam E. (2012). School, Department, and Instructor Determinants of Assessment Methods in Undergraduate Economics Courses. Eastern Economic Journal, 381-400.
  • Watts, Michael with Siegfried, John J. & Walstad, William B. (2012). Changing the Landscape of Economic Education: An annual AEA Conference Co-Sponsored by the Journal of Economic Education. Journal of Economic Education, vol. January-March 1-3.
  • Watts, Michael (2012). Report of the Committee for Economic Education for 2011. American Economic Review, vol. 102 (2) 691-96.
  • Watts, M., Harter, C. and Becker, W (2011). Time Allocations and Reward Structures for Academic Economists from 1995-2005: Evidence from Three National Surveys. International Review of Economics Education, vol. Autumn-Winter 6-27.
  • Watts. M., Allgood, S., Bosshardt, W., & van der Klaauw, H.W (2011). Economics Coursework and the Long-Term Behavior and Experience of College Graduates in Labor Markets and Personal Finance. Economic Inquiry, vol. July 774-94.
  • Watts, Michael (2011). Report of the Committee for Economic Education for 2010. American Economic Review, vol. 100 (2) 61-68.
  • Watts, Michael with Miller, Ben (2011). Oh, the Economics You'll Find in Dr. Seuss!. Journal of Economic Education, vol. April-June 147-67.
  • Watts, Michael with Schaur, Georg (2011). Teaching and Assessment Methods in Undergraduate Economics: A Fourth National Quinquennial Survey. Journal of Economic Education, vol. July-September 294-309.
  • Schaur, G. & Watts, M (2010). Not Such Innocents Abroad?. Journal of Economic Education, vol. January-March 3-14.
  • Watts, M. & Walstad, William (2010). Economic Education in an International Context. Journal of Economic Education, vol. October-Decembe 410-12.
  • Watts, Michael with Guest, Ross (2010). Experimental Economics and Economic Education. International Review of Economics Education, vol. 2 6-9.
  • Watts, Michael (2010). Report of the Committee for Economic Education (2009). American Economic Review Review, vol. 100 (2) 699-703.
  • Watts, M., Schaur, G. & Becker, W. (2008). Assessment Practices and Trends in Undergraduate Economics Courses. American Economic Review: Papers and Proceedings, 552-58.
  • Watts, M. & Bosshardt, W (2008). Undergraduates Students and Coursework in Economics: Results from the Baccalaureate and Beyond Study. Journal of Economic Education, 198-205.
  • Watts, M. & Becker, W. (2008). A Little More than Chalk and Talk: Results from a National Survey. Journal of Economic Education, vol. Summer 273-86.
  • Watts, M. (2007). A Brief History and Research Review of U.S. Precollege Economic Education. Korean Journal of Economic Education, Summer, 143-68.
  • Michael Watts (2006). The Play's the Thing to Help Teach Economics-and the Poem, Short Story, and Novel. Econ-Exchange, vol. 10 (2), 1-5.
  • Watts, M., & Walstad, W. (2005). Closing an Economic Education Conference in OZ. Journal of Economic Education, vol. 36 (Summer), 306-08.
  • Watts, M. & Bosshardt, W. (2005). Teachers' Undergraduate Coursework in Economics in the Baccalaureate and Beyond Longitudinal Study. Journal of Economic Educatoin, vol. 36 (Fall), 400-06.
  • Watts, M., Allgood, S., Bosshardt, W., & van der Klaauw, H. (2004). What Students Remember and Say About College Economics Years Later. American Economic Review, (May), 259-65.
  • Watts, M. (2004). What the Empirical Research Tells Us About Precollege Economic Education and Developing Economic Education Curriculum and Materials. Continuing Education in Ukraine, (Fall), 13-16, 16-19, 5.
  • Watts, M., Harter, C., & Becker, W. (2004). Changing Incentives and Time Allocations for Academic Economists: Results From 1995 and 2000 National Surveys. Journal of Economic Education, vol. 35 (Winter), 89-97.
  • Watts, M. (2003). Is Sexy Economics and Economics Teaching Necessary or Sufficient?. Southern Economic Journal, (July), 214-19, 223-25.
  • Watts, M. (2002). How Economists Use Literature and Drama. Journal of Economic Education, vol. 33 (Fall), 377-86.
  • Watts, M., & Bosshardt, W. (2001). Comparing Student and Instructor Evaluations of Teaching. Journal of Economic Education, vol. 32 (Winter), 3-17.
  • Watts, M., & Kovzik, A. (2001). Reforming Undergraduate Instruction in Russia, Belarus, and Ukraine. Journal of Economic Education, vol. 32 (Winter), 78-92.
  • Watts, M., Salemi, M., Siegfried, J., Sosin, K., & Walstad, W. (2001). Research in Economic Education: Five New Initiatives. American Economic Review, 440-45.
  • Watts, M., & Becker, W. (2001). Teaching Economics at the Start of the 21st Century: Still Chalk and Talk. American Economic Review, 446-51.
  • Watts, M., & Becker, W. (2001). Teaching Methods in U.S Undergraduate Economics Courses. Journal of Economic Education, vol. 32 269-79.
  • Watts, M., Schug, M., & Buckles, S. (2001). A National Survey of State Assessment Practices in the Social Studies: Results from a National Survey. The Social Studies, 141-46.
  • Watts, M., & Becker, W. (1999). How Departments of Economics Evaluate Teaching. American Economic Review, 344-49.
  • Watts, M., Lay, C., & Becker, W. (1999). Who Teaches Using More Than Chalk and Talk?. Eastern Economic Journal, 343-56.
  • Watts, M., Schug, M., & Buckles, S. (1999). How Well Do the Standards Work Together? An Analysis of the Economic Content of Four National Standards for Social Studies. Children's Social and Economic Education: An International Journal, vol. 2 (3), 145-157.
  • Watts, M. (1998). An American Economic Educator in the Former Soviet Bloc. Economic Awareness, (December), 10-15.
  • Watts, M., & Buckles, S. (1998). National Standards in Economics, History, Social Studies, Civics, and Geography: Complementarities, Competition, or Peaceful Coexistence?. Journal of Economic Education, vol. 29 157-66.
  • Watts, M. (1998). Who Values Economic Literacy?. The Region, Federal Reserve Bank of Minneapolis, 44-48.
  • Watts, M., & Harris, R. (1998). What Social Studies Teachers Should Know About the Transition Economies. The Social Studies, 246-48.
  • Watts, M., & Buckles, S. (1997). An Appraisal of Economics Content in the History, Civics, Social Studies, and Geography National Standards. American Economic Review, 254-59.
  • Watts, M., & McCorkle, S. (1996). Free Riding Indexes for Ukrainian Economics Teachers. Journal of Economic Education, vol. 27 233-37.
  • Watts, M., & Becker, W. (1996). Chalk and Talk: A National Survey on Teaching Undergraduate Economics. American Economic Review, 448-53.
  • Watts, M., & Becker, W. (1995). Teaching Methods in Undergraduate Economics. Economic Inquiry, 692-700.
  • Watts, M., & Bosshardt, W. (1994). Instructor Effects in Economic Education: Panel Data Estimates from Elementary and Middle Schools. Journal of Economic Education, vol. 25 195-211.
  • Watts, M., & Meszaros, B. (Eds.) (1993). Economic Education: A Retrospect and Outlook After 45 Years. International Journal of Social Education, 77-86.
  • Watts, M., & Highsmith, R. (1992). International Economics in U.S. High Schools: Results From a National Survey. Journal of Economic Education, vol. 23 291-315.
  • Watts, M., & Bosshardt, W. (1991). How Instructors Make a Difference: Panel Data Estimates from Principles of Economics Courses. Review of Economics and Statistics, 336-40.
  • Watts, M., & Bosshardt, W. (1990). Instructor Effects and Their Determinants in Pre-College Economic Education. Journal of Economic Education, vol. 21 265-76.
  • Watts, M. (1989). The Fortune 500 and 'Obscene' Profits. Focus on Economic Issues series, Purdue University Center for Economic Education,
  • Watts, M., & Smith, R. (1989). Economics in Literature and Drama. Journal of Economic Education, vol. 20 291-307.
  • Watts, M., & Lynch, G. (1989). The Principles Courses Revisited. American Economic Review, 236-41.
  • Watts, M. (1989). The Outlook for the Greater Lafayette Economy: 1990. Indiana Business Review, 10-11.
  • Watts, M. (1989). Social Studies Coordinators and a K-12 Program in Economic Education. Theory and Research in Social Education, 53-68.
  • Watts, M., Brenneke, J., Highsmith, R., Soper, J., & Walstad, W. (1988). A Research and Evaluation Agenda for DEEP and Precollege Economic Education. Journal of Economic Education, vol. 19 5-13.
  • Watts, M. (1987). Ideology, Textbooks, and the Teaching of Economics. Theory Into Practice, 190-97.
  • Watts, M. (1987). Student Gender and School District Differences Affecting the Stock and Flow of Economic Knowledge. The Review of Economics and Statistics, 561-66.
  • Watts, M. (1987). Survey Data on Pre-College Scope-and-Sequence Issues in Economics. Journal of Economic Education, vol. 18 71-91.
  • Watts, M., & Troyer, R. (1986). Enduring Constitutional Issues: The Economic Role of Government and Coining Money. The Senior Economist, Joint Council on Economic Education, 10-12.
  • Watts, M. (1986). Reviews of Secondary [Economics] Textbooks. Curriculum Review, vol. 26 24-28.
  • Watts, M., & Walstad, W. (1985). Economics Instruction in Our Schools. The Balance Sheet, vol. 66 11-14.
  • Watts, M., & Walstad, W. (1985). Teaching Economics in the Schools: A Review of Survey Findings. Journal of Economic Education, vol. 16 135-46.
  • Watts, M. (1985). A Statewide Assessment of Pre-College Economic Understanding and DEEP. Journal of Economic Education, 225-37.
  • Watts, M. (1985). Economic Policy and the Lives of Contemplation, Civic Humanism, Collectivism, and Individualism. International Journal of Social Economics, vol. 12 (6/7), 54-67.
  • Watts, M. (1985). School District Inputs and Biased Estimation of Educational Production Functions. Journal of Economic Education, vol. 16 281-85.
  • Watts, M., & Walstad, W. (1984). A Response to Romanish: Ideological Bias in Secondary Economics Textbooks. Theory and Research in Social Education, vol. 11 25-35.
  • Watts, M., & Smith, R. (1983). Teaching Economics? Use Classic Literature. Social Education, vol. 47 49-51.
  • Watts, M. (1982). Economic Education Is Working. Indiana School Board Association Journal, vol. 28 13-14.
  • Watts, M. (1981). The Non-Rational Domain and the Limits of Economic Analysis: Comment. Southern Economic Journal, vol. 47 1120-22.
  • Watts, M. (1981). Reaganomics, A New Look in New Frontiers. The Purdue Alumnus, vol. 69 5-7, 38.
  • Watts, M., & Silvia, J. (1981). Money, Banking and Economic Stabilization Polices. Innovative Ideas in Introductory Economics, vol. 2 10-13.

Books

  • Watts, M., Walstad, W., & Rebeck, K. (2007). Test of Understanding in College Economics Examiner's Manual, 4th ed. National Council on Economic Education,
  • Watts, M. and Walstad. W. (2006). What Works: A Review of Research on Outcomes and Effective Program Delivery in Precollege Economic Education. National Council on Economic Education,
  • Watts, M., McCorkle, S., Meszaros, B., & Suiter, M. (2003). The Wide World of Trade. National Council on Economic Education,
  • Watts, M. (2003). The Literary Book of Economics: Economic Concepts, Issues, and Themes in Literature and Drama. ISI Books,
  • Watts, M., Siegfried, J., Meszaros, B., Smith, R., Walton, G., Wentworth, D., Charkins, J., Highsmith, R., McCreadie, D., & Hanlon, N. (1997). Voluntary National Standards for K-12 Economic Education. National Council on Economic Education,
  • Watts, M. (1992). An Introduction to Microeconomics. Hayden-McNeil Publishing, Inc.,
  • Watts, M. (1992). What is a Market Economy?. U.S. Information Agency, | Related Website |
  • Watts, M. (1988). Economics: What and When? Scope and Sequence Guidelines. Joint Council on Economic Education,
  • Watts, M., Walstad, W., Smith, R., & McConnell, C. (1987). Test Bank II and Instructor's Manual. McGraw-Hill Book Company,
  • Watts, M. (1987). The American Economic System. Laidlaw Brothers of Macmillan, Inc, vol. 3rd
  • Watts, M., & Smith, R. (1982). Investing For Your Future: A Simulation on Economic Forces and the Stock Market. Louisiana Council on Economic Education,
  • Watts, M., & Smith, R. (1980). Economics in Literature and Drama. LSU Program in Economic Education,
  • Watts, M., & Smith, R. (1977). Free Enterprise and the American Economy. LSU Program in Economic Education,

Book (edited)

  • Watts, M.; Yamaoka, M.; Walstad, W.; Asano, T.; and Abe, S. (2010). Comparative Studies on Economic Education in Asia-Pacific Region. Shumpusha Publishing,
  • Watts, M., Becker, W., & Becker, S. (2006). Teaching Economics: More Alternatives to Chalk and Talk. Edward Elgar Publishing,
  • Watts, M., & Walstad, W. (2002). Reforming Economics and Economics Teaching in the Transition Economies: From Marx to Markets in the Classroom. Edward Elgar Publishing,
  • Watts, M., & Becker W. (1998). Teaching Economics to Undergraduates: Alternatives to Chalk and Talk. Edward Elgar Publishing,
  • Watts, M., & Smith, R. (1980). Supply-Side Economics. Random House,

Book Chapters

  • Colander, D. & McGoldrick, K.M. (2010). Preface, Educating Economists: The Teagle Discussion on Re-evaluating the Undergraduate Economics Major. Edward Elgar Publishing, i-v..
  • M. Watts ; Walstad, W.; and Rebeck, K. (2010). The U.S. Test of Economic Understanding in College Economics: Revisions and Results. Shumpusha Publishing, 3-29.
  • Watts, M (2010). Cross-Country Outcomes and Issues from the Cooperative Education and Exchange Program. Council on Economic Education,
  • Watts, M. and Walstad, W (2010). What Research Tells Us About Teaching Precollege Economics. Teaching Economics in Troubled Times: Theory and Practice for Secondary Social Studies, 200-12.
  • Michael Watts with Yamoaoka, Michio; Walstad, William; Asano, Tadayoshi; & Shintaro, Abe (2010). Comparative Studies on Economic Education in Asia-Pacific Region. Shumpusha Publishing, Toyko, 157-83.
  • Watts, M. (2006). Team Term Papers and Presentations. Edward Elgar Publishing, 151-69.
  • Watts, M. (2003). Autobiographical Career Sketch. Edward Elgar Publishing, vol. 4th 870 - 872.
  • Watts, M., & Walstad, W. (2000). A Research Agenda in Economic Education for the Transition Economies. Economics and Business Education Association,
  • Watts, M., Walstad, W., & Bosshardt, W. (1998). The Principles of Economics Textbook: A Content Review and Suggestions on Classroom Usage. Irwin/McGraw-Hill, 185 - 205.
  • Watts, M., Becker, W., & Walstad, W. (1996). Economic Issues from the Perspective of Economists, Economic Educators, Teachers, and Journalists. Economics and Business Education Association, 253-265.
  • Watts, M. (1995). Basic Economic Concepts and Institutions Related to Saving, Investing, Risk, the Stock Market, and Productivity. Indiana Council for Economic Education,
  • Watts, M., Becker, W., & Walstad, W. (1994). A Comparison of the Views of Economists, Economic Educators, Teachers, and Journalists on Economic Issues. Kluwer Academic Publishers, 65-87.
  • Watts, M. (1994). Economists' Ideological Conflicts and Consensus on Economic Issues, and Their Implications for Economic Education. Kluwer Academic Publishers, 47-64.
  • Watts, M. (1992). The Cases Against Economic Education. Georgia State University Press, 105-130.
  • Watts, M. (1991). Research on DEEP: The First 25 Years. National Education Association/Joint Council on Economic Education, 81-98.
  • Watts, M. (1990). Economics on Wall Street. Indiana Council for Economic Education,
  • Watts, M., & Walstad W. (1990). The Principles of Economics Textbook: History and Content. McGraw-Hill, 141-60.
  • Watts, M. (1987). Diminishing Marginal Utility and Saturation Points. Scott, Foresman, and Company, vol. 3rd 226, 108.
  • Watts, M. (1986). Empirical Evidence on Economic Literacy in the Schools. Longman Group, 196-215.
  • Watts, M. (1986). Comments on Measuring Economic Attitudes. Longman Group, 107-109.
  • Watts, M. (1985). The Current Status of Economics in the K-12 Curriculum. National Education Association, 8-20.
  • Watts, M. (1980). How Indianapolis Teachers Rate the Trade-Offs Film Series. Joint Council on Economic Education/Canadian Foundation on Economic Education, 7-9.

Book Review

  • Watts, Michael; edited by Siegfried, John (2011). Review of "Better Living through Economics". Journal of Economic Literature, 129-33.
  • C. Cullingford and S. Gunn (2007). Globalisation, Education and Culture Shock. Citizenship, Social and Economics Education, 7 (3), 218-19.
  • Watts, M. (1989). Review of Econometric Modeling in Economic Education Research. Journal of Economic Education, 223-27.
  • Watts, M (1981). Economic Thought and Social Change. Review of Social Economy, vol. 39 94-97.
  • Watts, M (1981). The Roots of Black Poverty: The Southern Plantation Economy After the Civil War. Review of Social Economy, vol. 39 90-92.
  • Watts, M (1979). After Industrial Society: The Emerging Self-Service Economy. Review of Social Economy, 245-46.

Other Publications

  • M. Watts, 1991 Made in Lafayette: A Database and Instructional Materials on the Greater Lafayette Economy.
  • M. Watts, Developed by the Indianapolis Civic Theater, 1992 Let's Get Cents-able: A Teacher's Guide for an Economic Play.
  • M. Watts, Internal Revenue Service/Agency for Instructional Technology/Joint Council for Economc Education, 1984 A Guide to Tax Whys: Understanding Taxes.
  • Watts, M., Buckles, S. & Freeman, V., Internal Revenue Service/Agency for Instructional Technology/Joint Council on Economic Education, 1984 A Workshop Leader's Handbook Accompany Tax Whys: Understanding Taxes.
  • Watts, M. & Smith, R., Vol. 1, No. 3, January-February 1978, 16 pages American Enterprise Teaching Notes.
  • Watts, M., Smith, R., Gordon, S.,1982 Investing for Your Future, a computer simulation included in Indiana Stock Market Game Advisor’s Manual.
  • M. Watts, 1994 Moscos Nights, and More....
  • M. Watts, Lynch, G., Wentworkd, D. et. al.,1998, National Council on Economic Education, Ukrainian translation, 2000 Focus: International Economics.
  • M. Watts, National Council on Economic Education, 2003. Translated into Russian, 2xxx Focus: Institutions and Markets.
  • M. Watts, Ed., Hummels, D., Bosshardt, W., Meszaros, B., Odorzynski, S. & VanFossen, P., New York: National Council on Economic Education, 2006 Focus: Globalization.
  • M. Watts, Froedtert Hospital and Medical College of Wisconsin, Summer, 2003, p. 2 An ABI Recipient, Soundwaves.
  • M. Watts, National Council on Economic Education, 2001. Ukrainian translation, 2002 Focus: Economics Systems.
  • M.Watts, approx. 120 pages The U.S. Economy in Microsoft Encarta 2000.
  • M.Watts, 2001, Editor and co-author of the 1st edition in 1995 (with Sarapage McCorkle, Bonnie Meszaros, Robert F. Smith, and Robert J. Highsmith). Translated and published in Russian, 1998; Ukrainian, 1999; and Kyrgyz, 2004 Focus: High School Economics.
  • Watts, M. Report of the Committee on Economic Education (2009) 100(2).