Professional and Organizational Development Network in Higher Education

 

Authors

Yngve Ramstad

Date of this Version

1985

Document Type

Article

Citation

To Improve the Academy, published by The Professional and Organizational Development (POD) Network in Higher Education, volume 4, 1985.

Comments

License: CC BY-NC-ND

Abstract

I often teach Intermediate Macroeconomic Theory, one of the courses economics majors are required to take. Macroeconomic theory is primarily directed to questions concerning inflation, employment, and economic growth. Currently, there are two professionally sanctioned "ways of thinking" about these issues-"Keynesian economics" and "monetarism".

Intermediate macroeconomics is of little value to our majors if they leave the course unable to "think like an economist". Accordingly, it is my principal objective in this course that, by the end of the semester, students be able to "do" both Keynesian economics and monetarism - that is, to think their way through concrete issues from either perspective.

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