In this paper we review the literature about the use of the lecture teaching method and its alternatives in Economics, Finance, Accounting, and Business studies, and compare and contrast the findings upon specifically formulated hypotheses. The enrichment of teaching with technology instruments to enhance learning is tested for effectiveness by several researchers, while eminent instructors ask for change toward this direction. This literature review reveals that innovative instructors experiment on combinations of instructor - teaching methods - technology instruments - students and try to assess student performance for cognitive development, skills acquisition, and competencies development, in several course types and levels of the above mentioned disciplines, relative to respective educational objectives. Reviewed papers show that innovative instructors urge for implementation of teaching strategies that actively engage students in learning. Further research has to be carried out under standardized modus operandi so that results are corroborated and convincing.