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Persistent link: https://www.econbiz.de/10001686534
While the IS/LM-AS/AD model is still the central tool of macroeconomic teaching it has been criticised by several economists. The model is unable to deal with a monetary policy that uses the interest rate as its operating target ( Romer [2000]). Walsh [2002] has criticised that it is not suited...
Persistent link: https://www.econbiz.de/10010498980
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...
Persistent link: https://www.econbiz.de/10012730626
This paper critically evaluates two different approaches to teaching macroeconomics at the undergraduate level through the comparison of two popular, recent handbooks: Olivier Blanchard's Macroeconomics (2021) and William Mitchell, Randall Wray and Martin Watts's Macroeconomics (2019). These...
Persistent link: https://www.econbiz.de/10013279920
macroeconomic theory. For this purpose, we explicitly present two competing paradigms, the new-Keynesian and the post-Keynesian one …
Persistent link: https://www.econbiz.de/10011994508
century student's understanding and retention of academic material. Being able to readily apply the theory covered in class …
Persistent link: https://www.econbiz.de/10011544089
Breaking Bad is currently ranked fifth by the Internet Movie Database's (IMDB) Top 250 television shows based on user rankings and second among 100 shows reviewed by The Hollywood Reporter. Despise the series ending in 2013, Al-Bahrani et al. (2016) find that current students still rank the show...
Persistent link: https://www.econbiz.de/10012843069
Writing should be an integral component of mathematics intensive economic courses. The economic teacher is faced with a dilemma. If he does not use mathematics and teaches economics informally relying mainly on words and diagrams, then the students will fail to understand most current economic...
Persistent link: https://www.econbiz.de/10014156486
The new economics of multi-sided platforms involves a number of concepts that are familiar to economists as well as some new ones. This glossary, which is drawn from our book Matchmakers: The New Economics of Multi-sided Platforms, is an attempt to put together the main concepts and to provide...
Persistent link: https://www.econbiz.de/10014034949
are there. This paper surveys ways in which values influence economic theory and practice and explores some implications …
Persistent link: https://www.econbiz.de/10014343872