Using survey data collected in 1995, 2000 and 2005 from US academic economists, in which respondents were asked to indicate what percentage of their work time they allocate to research, teaching and service activities, and also how their departments and schools weight research, teaching and...

The author addresses what is versus what should be taught in economics at the tertiary level and the way economics is taught versus how it should be taught. He argues that we need to assist students in recognizing the shortcomings of simplistic analyses of old before students rightly dismiss...