Sunday, May 5, 2013

Life of an economics student?

Having studied the fundamental post-graduate economic courses last year I feel I can comment on this quite scary YouTube clip. Basically, the public perception of what economists do and the tools they use to understand the economic is completely out of whack with what most really do.

Yes, there are research frontiers in many areas that factor in the political and social realities we read about, but should it not be the case that all economists are equipped to understand these realities?

Teaching of economics really needs to get out of the 1980s and embrace all the knowledge the field has attained in the past couple of decades into their core curriculum.


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