And the Queen asked: Why economists haven´t been able to predict the economic crisis? Don´t they read the news? … The importance of using news when teaching Economics
Abstract
One of the main criticisms made to the profession and training of economists is related to the fact that this discipline has been become detached from realworld problems, while it has focused on formalism, technical sophistication, and mathematical complexity. Following the suggestions of some Nobel Prizes in Economics (Coase, Friedman and Krugman, among others), who highlight the importance of linking teaching and realworld problems, the aim of this paper is to show some examples of how to teach quantitative methods in Economics by using news articles.Downloads
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