Competitive vs Cumulative Approach in Teaching Macroeconomics: Some Thoughts on Recent Popular Textbooks

Carnevali, Emilio (2022) Competitive vs Cumulative Approach in Teaching Macroeconomics: Some Thoughts on Recent Popular Textbooks. PSL Quarterly Review, 75 (301). pp. 161-171. ISSN 2037-3635

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Official URL: https://doi.org/10.13133/2037-3643/17785

Abstract

This paper critically evaluates two different approaches to teaching macroeconomics at the undergraduate level through the comparison of two popular, recent handbooks: Olivier Blanchard’s Macroeconomics (2021) and William Mitchell, Randall Wray and Martin Watts’s Macroeconomics (2019). These textbooks are taken as benchmarks of two opposite views of the discipline: the cumulative – that is, followed by Blanchard and most “mainstream” textbooks – as opposed to the competitive view.

Item Type: Article
Uncontrolled Keywords: Teaching of economics, monetary policy, IS-LM model
Subjects: L100 Economics
X300 Academic studies in Education
Department: Faculties > Business and Law > Newcastle Business School
Depositing User: John Coen
Date Deposited: 16 Sep 2022 09:19
Last Modified: 16 Sep 2022 13:19
URI: https://nrl.northumbria.ac.uk/id/eprint/50147

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