A New Textbook Approach to Macroeconomics: A Debate
AbstractMessori’s paper analyzes the impact of the recent crises on the teaching of macroeconomics. In contrast with what happened during the Thirties, today we do not have a new macroeconomic paradigm. This is why the mainstream textbook of Blanchard, Amighini, Giavazzi (2010) remains irreplaceable for introductory macroeconomics. This conclusion is refused by Amighini, Giavazzi as well as by heterodox economists such as Brancaccio. The first two authors argue that the criticisms raised at the “mainstream” approach to the teaching of macroeconomics overlook the need for a strong pedagogy. On the contrary, Brancaccio criticizes the mainstream approach through modification of the functional form of a given equation system and reversal of its exogenous and endogenous variables.
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Bibliographic InfoArticle provided by SIPI Spa in its journal Rivista di Politica Economica.
Volume (Year): (2012)
Issue (Month): 3 (July-September)
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macroeconomics; teaching; comparative approach.;
Find related papers by JEL classification:
- A20 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - General
- B22 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Macroeconomics
- B50 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - General
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Blog mentionsAs found by EconAcademics.org, the blog aggregator for Economics research:
- Recensione a l'Anti-Blanchard di Brancaccio
by Sergio Cesaratto in Politica&EconomiaBlog on 2012-11-30 07:40:00
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