After the financial crisis, macroeconomics became an unsettled discipline raising pedagogical challenges as to how to teach principles courses. This article concerns a principles of economics course that was initially taught with traditional methods. After students performed poorly during the...

Teaching Dynamic Macroeconomics at undergraduate courses relies exclusively on intuitive prose and graphics depicting behaviours and steady states of the main markets of the economy. But when the case of forward-looking agents and the macroeconomic implications of their actions are discussed,...

Data analysis and applying knowledge to real-world settings rank among key skills of college graduates. This paper shows how to completely integrate data analysis and application of knowledge to real-world settings into an introductory macroeconomics course. Every class meeting is structured as...

The present paper aims at providing a framework for teaching macroeconomics at the introductory to intermediate level. In doing this, my principal concern is to align current teaching models with the modern practice of central banking. In the spirit of Romer (1999), I introduce a simple monetary...

The integration of technology in the educational process is becoming increasingly important for improving the 21st century student's understanding and retention of academic material. Being able to readily apply the theory covered in class and to automatically receive immediate feedback is...

In this article, I provide a general model to incentivize student involvement in an economics course on an ongoing basis. Rather than presenting students with a discrete number of diverse experiments to illustrate different economic concepts, I opt for the adoption of a single experiment that...

In this paper, we present a novel framework for macroeconomic analysis, which tries to incorporate recent theoretical developments into a model describing an open economy. The model includes a monetary policy rule instead of the LM function together with an aggregate supply function derived from...

Flowcharts are an invaluable tool for explaining complex mechanisms. They are used in Biology, Chemistry and many other disciplines as a teaching tool, as well as in research. However, flowcharts are hardly used in economics. This paper suggests that flowcharts could supplement graphs and...

An intuitive approach to the mathematical aspects of expenditure and money multipliers helps improve macroeconomics students' comprehension and performance. It places the material on a higher plane, promoting confidence in their economic reasoning, especially crucial for those lacking confidence...

The canonical neoclassical model is insufficient to understand business cycle fluctuations in emerging market and developing economies (EMDEs). I reformulate the models proposed by Aguiar and Gopinath (2007) and Neumeyer and Perri (2005) in simple settings that can be used to do...