Many readers of Irish Economy are likely to be aware of a project to rethink the teaching of Economics, linked to the Institute for New Economic Thinking, and organised by a committee chaired by Professor Wendy Carlin of UCL. Some people associated with this blog, including Kevin O’Rourke, are also involved in this work.
A beta digital textbook (‘The Economy’) has very recently been put online and there is a useful explanatory video and a blog.
On my preliminary and (so far) partial reading of ‘The Economy’, it achieves its goal of being strikingly different to the standard first-year textbook. It places at the centre of the story familiar ideas that students and the public expect to feature in Economics and understand better through Economics, including capitalism, technology, living standards, the environment, institutions, and property rights before turning to the more abstract aspects of microeconomics. All the bells and whistles of digital publication are there too including hyperlinks to many of the readings. And of course it’s all freely available. The organisers are seeking user (student and faculty) feedback via a Facebook page and it seems there is supplementary material to follow in due course.
4 replies on “Economics, new and improved”
This is a most commendable project. The approach of using familiar and current ideas is excellent and a welcome departure from the traditional ‘bits any bytes first’ approach to eductation. Best of luck to all concerned.
IS this initiative being rolled out in Irish colleges?
Some readers might be interested in two new undergraduate and postgraduate modules I am teaching at the School of Politics in UCD.
Capitalism and democracy: http://capitalistdemocracy.wordpress.com
European political economy: http://europeanpoliticaleconomy.wordpress.com
School of Politics seems to be well ahead of the curve!