The author of this article provides an example of how one might incorporate behavioral economics into teaching macroeconomics or labor economics at an undergraduate level. The focus is on two macroeconomic concepts--wage determination and the Phillips curve--and shows that the implications and conclusions of both models differ from their textbook…

An undergraduate course in development economics presents an ideal opportunity to introduce students to the importance of gender differences in economic outcomes. The authors of this article argue that a systematic integration of gender into development economics courses based on standard textbooks is feasible and desirable. They provide a…

Teaching economic history requires the study of how to combine the economists' modeling and statistical methods with the methods used by historians and the other social sciences. It often involves learning how to search for quantitative data from a variety of sources and then building panel datasets that match the data found with existing…

The 3-equation model by Carlin and Soskice (2014) introduces the current consensus in modern monetary macroeconomics to undergraduates through a static framework in which adjustment occurs via the monetary policy rule of an inflation-targeting central bank. In this article, the authors present a dynamic extension of this model and an Excel-based…

The COVID-19 pandemic uniquely affected nearly all the subject matter in a typical principles of macroeconomics class. Fluctuations in the basic macroeconomic data in the COVID era were staggering and offer new teaching opportunities. In addition, because the recession was primarily driven by supply side shocks, the entire episode offers a unique…

This paper uses the PBS Nova show "Mind Over Money" to introduce a number of topics in behavioral finance. Instructors can also use the video as a jumping off point for expanding the discussion to the "second generation" of behavioral finance, where many of the decisions that differ from what are considered optimal are due to…

in this article, author Neil Shanks writes about a "people's economics" approach to teaching K-graduate economics, an approach he argues should replace the more traditional and pervasive neoclassical approach. Similar to the shift from 'great white men and wars' history to social and 'bottom up' history, Shanks believes a people's…

This article discusses the criticisms made of business schools and higher education institutions regarding their teaching practices and their responsibility in economic crises. Neoliberal ideology and a consumerist approach to education have created a utilitarian relationship with knowledge, in which education is seen as an investment that must be…

The author of this article demonstrates how the unified approach to answering economic questions employed in modern quantitative macroeconomics research can be taught to undergraduate students using the Solow model. Through an application to post-WWII Japan, students get hands-on experience with (1) documenting empirical facts, (2) developing a…

Misconceptions hinder optimal student learning. They need to be addressed explicitly and formally to achieve effective teaching of economics. The author of this article outlines an activity that is designed to address misconceptions about "others" using a backward course design framework. Fink's significant learning categories,…

The authors describe an undergraduate economics elective focused on the Great Recession and the recession resulting from the COVID-19 pandemic. They have taught the course with great success at both liberal arts colleges and research universities and at all levels of the curriculum ranging from a first-year seminar to an upper-level elective. They…

Democracy and capitalism are two of the most consequential institutional systems in the world. However, their dynamic complexity, current turmoil, and evolution make them challenging to study. High-engagement teaching can bring the subjects alive, motivate student exploration, inform choices, animate sensible policy recommendations, and make a…

An economy that grows is good. Growth in income is certainly good. In general, growth is seen as a good thing. A global pandemic challenges this notion. Let's be careful of what we wish for- especially if growth is "exponential." This article describes exponential growth and doubling time, and shows how these concepts can be related to…

Among existing infrastructures to disseminate innovative teaching methods and to build collaborative networks, the authors situate a community of practice (CoP). They explain what a CoP is and compare it with teaching-focused economics journals and conferences, and other infrastructures such as institutional teaching centers. Since 2016, the…

The Federal Reserve (the Fed) is the central bank of the United States. It has a congressional mandate to promote maximum sustainable employment and price stability. In normal times, the Fed seeks to achieve this mandate by setting the position or "stance" of monetary policy, primarily by managing the level of short-term interest rates.…