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An increasing number of academic institutions provide short-term international study opportunities for their business students at both undergraduate and graduate levels. Some institutions even provide such experiences for faculty, to enhance their international background and to facilitate...
Persistent link: https://www.econbiz.de/10010669860
community. However, economists have been slow to embrace an experiential learning pedagogy where students experience events and …
Persistent link: https://www.econbiz.de/10010781583
Economics teaching relies overwhelmingly on faculty lecturing, which is generally seen as a significant pedagogical problem. But this paper argues that didactic instruction is actually well-suited to the neoclassical economics that is usually taught. This approach – especially its textbook...
Persistent link: https://www.econbiz.de/10009352711
Pedagogical pluralism is difficult to implement in practice. This paper contrasts two approaches to the modelling of money in macroeconomics: the stock-flow consistent macroeconomic model of Godley and Lavoie and the mainstream neoclassical dynamic general equilibrium model of Barro. Students...
Persistent link: https://www.econbiz.de/10009352715
What do our students need to unlearn in order to consider contending perspectives, and how do we accomplish this? It is not hard to have our students supplant one orthodoxy with another, to accept a theory that we, as their professors, might find more appealing than the neoclassical one, but how...
Persistent link: https://www.econbiz.de/10009352727
Central bankers fear deflation but this is incomprehensible within the standard AS/AD framework based on a real wealth effect. This framework is amended by introducing debt effects that reduce aggregate demand when prices fall, as emphasised long ago by Keynes, Kalecki and Fisher, thus showing...
Persistent link: https://www.econbiz.de/10009352729
Pedagogies infused by methodological pluralism are better able to encourage students to use stories to make connections between classroom material and the pulse of their daily lives. Teaching during times of economic and financial crises also provides an opening for theoretical pluralism. The...
Persistent link: https://www.econbiz.de/10009352743
This paper analyses how the incorporation of a music project influences final examination scores, student evaluation results, and overall attendance rates in a pre-principles economics course. The course - personal money management and consumer economics - caters to non-economics majors,...
Persistent link: https://www.econbiz.de/10010669830
This paper describes an assignment where students evaluate a current industry using Adam Smith's arguments against monopoly power. Using Smith's arguments, students write a paper describing whether they believe a current industry, such as the US cellular phone carrier industry, suffers from the...
Persistent link: https://www.econbiz.de/10010669832
This paper presents ideas for a course in the undergraduate economics curriculum designed to de-mystify mathematics and empower students to respond creatively and ethically when they encounter situations that involve mathematics. We build on the strengths of courses that already exist in many...
Persistent link: https://www.econbiz.de/10010669833