Will economics teaching respond to the crisis?
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Barely nine months since we started teaching new specifications for AS, A2 and Pre-U, many colleagues will be investing some time this summer in an overhaul of their notes and other teaching resources to reflect and adjust to the rapid changes in the business, financial and economic outlook. The nature of specifications and printed textbooks are that they are always slow to adjust to a changing landscape. This is one of the advantages of digital publishing! I certainly expect my new AS and A2 study companions to have a different look and feel come the middle of August!
A hat tip to Jason Welker who spotted this piece by Greg Mankiw in the New York Times -
“Despite the enormity of recent events, the principles of economics are largely unchanged. Students still need to learn about the gains from trade, supply and demand, the efficiency properties of market outcomes, and so on. These topics will remain the bread-and-butter of introductory courses. Nonetheless, the teaching of basic economics will need to change in some subtle ways in response to recent events.”
To find out what they are ..... read on here
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