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Teaching Economics Using Historical Novels: Jonathan Harr's The Lost Painting

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  • Chad Cotti
  • Marianne Johnson

Abstract

Undergraduate students are often interested in and benefit greatly from applications of economic principles. Historical novels drawn from real-world situations can engage students with economic concepts in new ways and provide a useful tool to help enhance instruction. In this article, the authors discuss the use of historical novels generally in microeconomics, and examine The Lost Painting , a historical novel by Jonathan Harr (2005), in detail. Topics illustrated in the novel include scarcity, opportunity cost, cost-benefit analysis, tax avoidance, labor market specialization, compensating wage differentials, competition and market structure, pricing, income, and government regulation. The authors include an in-depth description of how to incorporate a historical novel into a microeconomics class and provide some evaluation strategies.

Suggested Citation

  • Chad Cotti & Marianne Johnson, 2012. "Teaching Economics Using Historical Novels: Jonathan Harr's The Lost Painting," The Journal of Economic Education, Taylor & Francis Journals, vol. 43(3), pages 269-281, July.
    • Handle: RePEc:taf:jeduce:v:43:y:2012:i:3:p:269-281
    DOI: 10.1080/00220485.2012.686391
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    Cited by:

    1. Jon Murphy & John Schuler & Jadrian Wooten, 2020. "Have Coase - Will Travel: New Ways to Teach Coase Using Old Media," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 35(Winter 20), pages 71-86.
    2. Rousu, Matthew C. & Melichar, Mark & Hackenberry, Bailey, 2021. "Using Music to Teach Agricultural, Applied, and Environmental Economics," Applied Economics Teaching Resources (AETR), Agricultural and Applied Economics Association, vol. 3(4), November.
    3. Iris Franz, 2020. "Teaching Economics With Analogies - Practical Examples," Journal of Economics Teaching, Journal of Economics Teaching, vol. 5(1), pages 17-29, May.
    4. Klein, Alina F. & Klein, Rudolf F., 2023. "Principles of Economics, the Survivor Edition," Applied Economics Teaching Resources (AETR), Agricultural and Applied Economics Association, vol. 5(2), March.
    5. Matthew C. Rousu, 2018. "Using Show Tunes to Teach about Free (and Not-So-Free) Markets," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 33(Winter 20), pages 111-128.
    6. Matthew C. Rousu & Courtney A. Conrad, 2017. "Economic Lessons from the Musical Hamilton," Journal of Economics Teaching, Journal of Economics Teaching, vol. 2(1), pages 30-50, June.
    7. Ambrose Leung & Hiroyo Nakagawa, 2021. "Exploring Collaborative Learning in Economics with Visual Aids," Journal of Economics Teaching, Journal of Economics Teaching, vol. 6(1), pages 53-69, May.

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