"Crafted by award-winning Principles teachers Dirk Mateer and Lee Coppock, Principles of Economics' approach builds economics skills and intuition through relatable, memorable examples and applications. Mateer and Coppock's 40-plus years developing innovative classroom experiences is reflected across the text presentation, flexible teaching materials, and digital learning tools. This creates a cohesive learning system that increases engagement, participation, and success in the course."
"Make Economics Matter. A part of the most successful introductory economics series in the last twenty years, Essentials of Economics features inclusive, relatable examples, consistent problem-solving pedagogy, and innovative teaching support. For the Second Edition, the text has a new example driven approach to teaching what economists do, answers the "life" and personal finance questions on students' minds, and now provides a complete set of digital learning tools including Inquizitive and Smartwork."
This article describes a student group project (Music for Econ) which synthesizes music with economics and is a great way to connect with your audience. We trace the journey of Music for Econ from its inception as a Pop-Up video in the early 2000s through to the creation of a Music for Econ library on Critical Commons. Music for Econ is a pedagogical device which can be used to demonstrate the everyday application of economics and help unlock student creativity. Consequently, we provide the instructor with a do it yourself (DIY) manual, which shows them how to set up the project, customize it depending on the size of their class, and how to avoid common pitfalls. We also include an end of project survey template for reference and future use in an appendix. More broadly, Music for Econ is simply fun to watch if you like music and enjoy leaning about economics.JEL Classifications: A20, A21, A22
We asked economic educators from around the country to identify five films that they found most useful in teaching economics. Our sample of 105 educators reflects wide-ranging opinions about the greatest films for teaching economics. We provide summaries of each of the Top 10 films in our list and short descriptions of the next 10. The films surveyed are an eclectic mix that spans different eras and genres. It is our hope that this list will spur conversations about economics among interested readers and economic educators.
The Test of Understanding in College Economics (TUCE) is a standardized test of economics knowledge performed in the United States which primarily targets principles-level understanding. We asked ChatGPT to complete the TUCE. ChatGPT ranked in the 91st percentile for Microeconomics and the 99th percentile for Macroeconomics when compared to students who take the TUCE exam at the end of their principles course. The results show that ChatGPT is capable of providing answers that exceed the mean responses of students across all institutions. The emergence of artificial intelligence presents a significant challenge to traditional assessment methods in higher education. An important implication of this finding is that educators will likely need to redesign their curriculum in at least one of the following three ways: reintroduce proctored, in-person assessments; augment learning with chatbots; and/or increase the prevalence of experiential learning projects that artificial intelligence struggles to replicate well.
Behavioral economics is an increasingly prominent field within economics and we review the case for its incorporation into undergraduate Economics curricula. We argue that behavioral findings can inform the teaching template itself and (economics) education policy more generally. The pedagogical and behavioral literature informs us that learners are more likely to recall economic content when it is presented as a narrative than when it is couched in abstract models. Film is one of the most evolved forms of story-telling, and its use (along with other media) enables learners to master a concept more quickly. This paper presents a database of 30 short film and media scenes and three detailed lesson plans that may be used as jumping-off points for instructors who wish to incorporate behavioral economics concepts alongside the rational-agent model of economic behavior. ; peer-reviewed
