In today’s Pope Center piece, Jane Shaw writes about an event we sponsored last Friday. Several econ profs shared their ideas on how to make the subject interesting to students.
The crucial thing — steer away from the mathematized approach that has become so commonplace and focus on the logic of decisionmaking in a world of scarcity and tradeoffs. Not only will the students find the course more understandable and appealing, they’ll also be apt to learn lessons that will make them leery of the interventionist nostrums that politicians often peddle.