New economics instructors face numerous challenges when selecting technology for their courses. Because economists teach at a variety of institutions with diverse student bodies and since technology continues to evolve, this article focuses on general principles that novice instructors should consider when selecting technology for their courses.…

The COVID-19 pandemic uniquely affected nearly all the subject matter in a typical principles of macroeconomics class. Fluctuations in the basic macroeconomic data in the COVID era were staggering and offer new teaching opportunities. In addition, because the recession was primarily driven by supply side shocks, the entire episode offers a unique…

Despite recent clarifications by central banks that it is indeed "commercial banks" that are the main creators of the money supply, money creation processes remain as confusing and opaque as ever to many. This article develops a simplified macro-visual diagram of today's money system based on the increasingly accepted "credit…

in this article, author Neil Shanks writes about a "people's economics" approach to teaching K-graduate economics, an approach he argues should replace the more traditional and pervasive neoclassical approach. Similar to the shift from 'great white men and wars' history to social and 'bottom up' history, Shanks believes a people's…

The author of this article demonstrates how the unified approach to answering economic questions employed in modern quantitative macroeconomics research can be taught to undergraduate students using the Solow model. Through an application to post-WWII Japan, students get hands-on experience with (1) documenting empirical facts, (2) developing a…

An alternative approach for introducing instrumental variables in econometrics courses is presented in this article. The method is based on the ordinary least squares omitted variable bias formula. The intuition for the approach capitalizes on students' understanding and intuition of omitted variables. Thus, if students understand omitted variable…

Misconceptions hinder optimal student learning. They need to be addressed explicitly and formally to achieve effective teaching of economics. The author of this article outlines an activity that is designed to address misconceptions about "others" using a backward course design framework. Fink's significant learning categories,…

In this symposium, the author comments on an article written about critical thinking in economics. The author leans toward the view that undergraduate economics should continue to be focused around core tenets and basic models--what the article refers to as little-think critical thinking--while, at the same time, students should be given clear…

Democracy and capitalism are two of the most consequential institutional systems in the world. However, their dynamic complexity, current turmoil, and evolution make them challenging to study. High-engagement teaching can bring the subjects alive, motivate student exploration, inform choices, animate sensible policy recommendations, and make a…

The author describes an assignment in an undergraduate game theory course in which students work together in class to develop a computer algorithm to identify Nash equilibria. This assignment builds basic computer science skills while applying game theory knowledge to real-world situations. Students work as a team to delineate the steps and write…

The Little Bosses' Market, now in its second year and organized by the Hualien Parent-Child Center, challenges the perspective that young children cannot learn about economics. The children participating in this activity took on the responsibilities of planning and selling their goods and services. They interacted with customers by noting prices,…

Vertical integration and more generally, corporate-level strategy, are rather difficult for students to grasp, being such abstract concepts. This exercise provides a way for participants to experience issues leading to market failure (and vertical integration) by engaging them as buyers and sellers of a component for very unique car--a limousine…

Among existing infrastructures to disseminate innovative teaching methods and to build collaborative networks, the authors situate a community of practice (CoP). They explain what a CoP is and compare it with teaching-focused economics journals and conferences, and other infrastructures such as institutional teaching centers. Since 2016, the…

The author of this article discusses a cooperative learning exercise designed for introductory macroeconomics that was completed by 44 groups of three or four students during the spring 2021, fall 2021, and spring 2022 semesters at a private U.S. liberal arts college. The exercise aims to foster an active learning community where students…

The "Issues in Political Economy" (IPE) journal and related conference sessions were established in the early 1990s as outlets for undergraduates to present and publish peer-reviewed research in economics. By providing opportunities to attend and present at professional conferences, referee papers, and edit journal issues, IPE reflects…