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Neoclassical Theory And The Teaching Of Undergraduate Microeconomics

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  • Mario Scerri

Abstract

This paper explores possible reasons for the long and enduring dominance of neoclassical theory over the undergraduate microeconomics textbook. It proposes that those very attributes of neoclassical microeconomics that raise serious theoretical misgivings constitute the basis for the current hegemony of the standard undergraduate textbook. It further discusses the effects of the standard text on the education of economists in developing countries and conditions of the entrenchment of this text in undergraduate teaching. Finally, it looks at the possibilities of the emergence of alternative textbooks both in the centre and in the periphery of the global academic map. Copyright (c) 2008 The Author. Journal compilation (c) 2008 Economic Society of South Africa.

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  • Mario Scerri, 2008. "Neoclassical Theory And The Teaching Of Undergraduate Microeconomics," South African Journal of Economics, Economic Society of South Africa, vol. 76(4), pages 749-764, December.
  • Handle: RePEc:bla:sajeco:v:76:y:2008:i:4:p:749-764
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    1. Becker, Gary S, 1993. "Nobel Lecture: The Economic Way of Looking at Behavior," Journal of Political Economy, University of Chicago Press, vol. 101(3), pages 385-409, June.
    2. Alex Van der merwe, 2006. "Identifying Some Constraints In First Year Economics Teaching And Learning At A Typical South African University Of Technology," South African Journal of Economics, Economic Society of South Africa, vol. 74(1), pages 150-159, March.
    3. Richard R. Nelson, 1995. "Recent Evolutionary Theorizing about Economic Change," Journal of Economic Literature, American Economic Association, vol. 33(1), pages 48-90, March.
    4. Kelvin J. Lancaster, 1966. "A New Approach to Consumer Theory," Journal of Political Economy, University of Chicago Press, vol. 74, pages 132-132.
    5. Hendler, Reuven, 1975. "Lancaster's New Approach to Consumer Demand and Its Limitations," American Economic Review, American Economic Association, vol. 65(1), pages 194-199, March.
    6. Alex Van der merwe, 2007. "Using Blended Learning To Boost Motivation And Performance In Introductory Economics Modules," South African Journal of Economics, Economic Society of South Africa, vol. 75(1), pages 125-135, March.
    7. Stigler, George J & Becker, Gary S, 1977. "De Gustibus Non Est Disputandum," American Economic Review, American Economic Association, vol. 67(2), pages 76-90, March.
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    Cited by:

    1. Mario Scerri, 2012. "The introduction of the systems of innovation approach in economics curricula," International Journal of Technological Learning, Innovation and Development, Inderscience Enterprises Ltd, vol. 5(1/2), pages 12-27.

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