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History of Thought and Methodology in Pluralist Economics Education

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  • Sheila Dow

    ()
    (University of Stirling)

Abstract

The purpose of the paper is to develop the argument that history of thought and methodology should form part of the content of pluralist teaching in economics, where the aim of this teaching is to equip students to exercise their own judgement as economists. Discussion of the nature and scope of economics, with examples from history, helps students understand what is involved in considering a range of approaches and methods (rather than uncritically accepting one general approach, but without resorting to 'anything goes'). A way of teaching about the current crisis is used as an exemplar.

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File URL: http://www.economicsnetwork.ac.uk/iree/v8n2/dow.pdf
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Bibliographic Info

Article provided by Economics Network, University of Bristol in its journal International Review of Economics Education.

Volume (Year): 8 (2009)
Issue (Month): 2 ()
Pages: 41-57

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Handle: RePEc:che:ireepp:v:8:y:2009:i:2:p:41-57

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  1. L. Randall Wray & Eric Tymoigne, 2008. "Macroeconomics Meets Hyman P. Minsky: The Financial Theory of Investment," Economics Working Paper Archive wp_543, Levy Economics Institute.
  2. Jan Kregel, 2008. "Minsky’s Cushions of Safety: Systemic Risk and the Crisis in the U.S. Subprime Mortgage Market," Economics Public Policy Brief Archive ppb_93, Levy Economics Institute.
  3. Miguel A. Durán, 2005. "Mathematical needs and economic interpretations," ThE Papers 05/07, Department of Economic Theory and Economic History of the University of Granada..
  4. Victoria Chick, 2008. "Could the Crisis at Northern Rock have been Predicted?: An Evolutionary Approach-super- 1," Contributions to Political Economy, Oxford University Press, vol. 27(1), pages 115-124.
  5. Victoria Chick & Sheila Dow, 2005. "The meaning of open systems," Journal of Economic Methodology, Taylor & Francis Journals, vol. 12(3), pages 363-381.
  6. Philip Arestis, 2002. "Financial crisis in Southeast Asia: dispelling illusion the Minskyan way," Cambridge Journal of Economics, Oxford University Press, vol. 26(2), pages 237-260, March.
  7. Backhouse, Roger E., 2001. "How and Why should We Write the History of Twentieth-Century Economics?," Journal of the History of Economic Thought, Cambridge University Press, vol. 23(02), pages 243-251, June.
  8. David Colander, 2003. "The Aging of an Economist," Middlebury College Working Paper Series 0304, Middlebury College, Department of Economics.
  9. Hahn, Frank H, 1973. "The Winter of our Discontent," Economica, London School of Economics and Political Science, vol. 40(159), pages 322-30, August.
  10. Krugman, Paul, 1998. "Two Cheers for Formalism," Economic Journal, Royal Economic Society, vol. 108(451), pages 1829-36, November.
  11. Jason Furman & Joseph E. Stiglitz, 1998. "Economic Crises: Evidence and Insights from East Asia," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 29(2), pages 1-136.
  12. Backhouse, Roger E, 1998. "If Mathematics Is Informal, Then Perhaps We Should Accept That Economics Must Be Informal Too," Economic Journal, Royal Economic Society, vol. 108(451), pages 1848-58, November.
  13. McCloskey, Donald N, 1983. "The Rhetoric of Economics," Journal of Economic Literature, American Economic Association, vol. 21(2), pages 481-517, June.
  14. Lucas, Robert E, Jr, 1980. "Methods and Problems in Business Cycle Theory," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 12(4), pages 696-715, November.
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Cited by:
  1. Robert Garnett & Andrew Mearman, 2011. "Contending Perspectives, Twenty Years On: What Have Our Students Learned?," Working Papers 201104, Texas Christian University, Department of Economics.
  2. Andrew Mearman, 2012. "Pluralist economics curricula: do they work; and how would we know?," Working Papers 20121203, Department of Accounting, Economics and Finance, Bristol Business School, University of the West of England, Bristol.

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