Why is econ so boring




















What sits at the intersection of school district boundaries, school funding policy, and housing affordability? Inequity for students and families. Lack of affordable rental housing…. Read Post. On the last day of third grade, all my classmates and I huddled onto a carpet much too small for children of our size, waiting….

More than Many of those students…. How does the federal government support our public schools? When teachers, parents and students think about civics in the classroom, first and foremost they imagine social studies, Constitution Day and the Pledge of Allegiance.

It is, of course, part of our responsibility as educators to train students in the history, values and norms inherent in our constitutional system of government and to better prepare them to protect their cherished rights. Economic literacy, meaning the understanding of basic economic principles and the ability to apply this understanding to everyday life decisions, must also be considered a key aspect of well-rounded civics education. On a whole host of issues—including taxes, government spending, entitlement programs and the minimum wage—students must understand economic concepts in order to be informed participants in the political process.

Poll after poll shows that most Americans have a tenuous grasp of basic economic concepts. First, we must teach economic literacy in ways that students will find relevant, and even exciting. This belief comes from the notion of wertfrei value-free , argued for by both Ludwig von Mises and Milton Friedman.

It has long been paramount in economic analysis. To counter this typical pedagogical philosophy, the National Council on Economic Education now Council for Economic Education published Teaching the Ethical Foundations of Economics , a book of lesson plans for teachers to use in the classroom by asking students to consider and analyze various ethical issues and the economic consequences of those issues.

Teaching about the moral implications of economic policy and public policy is not only appropriate in the economics classroom; it also increases student interest in learning economics by connecting academic concepts to real life. In my own teaching experience, students have appreciated the inclusion of moral topics in my lectures and class discussions and have enjoyed the discussions in the classroom because we were tackling real-life, relevant issues that were currently in the news and were topics of their own discussions with family and friends.

Does including moral discussions in the classroom mean that economics professors will attempt to indoctrinate their students with their own moral beliefs? Even worse, while struggling to make sense of errant Equation 14, Heinous sees a familiar face in the back of the room: Sally Bright!! When did she get here? How did she find out about this? Easy, easy. Not to worry. Stegosaurus is still talking.

Almost home. I figured it out this morning. Once those terms are gone, everything hangs together. See the monetary decision rule? With the new equation 14, you get a closed-form solution. It clears up all the earlier contradictions and ambiguities.

Shouts from the crowd: What did she say? Equation 14? Thank you Professor Stegosaurus for your very helpful comments. Thank you, thank you, thank you. This is getting interesting. Mom, Dad, kids, dog, and sales guy jumping up in slow motion in a car show room… balloons floating toward the sky… They all shout:.

Stan: Then what? What happens to Heinous?



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