The economics instructor’s toolbox

Picault, Julien

doi:10.1016/j.iree.2019.01.001

Cited by 50 publications

(21 citation statements)

References 126 publications

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“…The traditional "chalk and talk" style of teaching is being increasingly regarded as "transmissive and passive, with little room for student participation, low student engagement and a learning environment supporting only a surface approach to learning" [8]. These deficiencies of "chalk and talk"-style approaches have not been sufficiently recognized in undergraduate teaching across many social science disciplines, including economics [9]. It has been estimated that undergraduate lecturers on an average spend 65-80% of class time on traditional lectures [10].…”

Section: Introductionmentioning

confidence: 99%

“A Little Flip Goes a Long Way”—The Impact of a Flipped Classroom Design on Student Performance and Engagement in a First-Year Undergraduate Economics Classroom

Singh

2020

Education Sciences

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The flipped classroom is gaining prominence as an active learning pedagogy to engage a new generation of students. However, all courses do not lend themselves to a fully flipped design and instructors are often reluctant to flip lectures due to the additional time and effort involved, especially so in case of technical subjects such as economics. This study experiments with a flipped classroom design in a first-year undergraduate economics course. The research was motivated by the fact that many undergraduate economics students do not engage with traditional lectures. They fail to acquire critical thinking, data handling and reasoning skills, which are thought to be at the core of the economics curriculum. In this flipped classroom format, traditional lectures were substituted with micro-lectures and the remaining class time was devoted to active learning pedagogies including quizzes, group work and student presentations. The full lectures were panopto recorded and put up on the e-learning site, Blackboard. In order to evaluate the effectiveness of the flipped classroom format, I compared the final exam scores of students in the flipped classroom with those in the control group, which followed a traditional lecture-based approach. The key results from the analysis revealed that students in the flipped classroom performed better in the final exams vis-à-vis students in the traditional classroom format. Furthermore, students in the flipped classroom format were 1.61 times less likely to fail in the module as compared to students in a traditional classroom format. This format also resulted in better student engagement, more flexibility and enhanced student–tutor interactions within the classroom.

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Section: Introductionmentioning

confidence: 99%

“A Little Flip Goes a Long Way”—The Impact of a Flipped Classroom Design on Student Performance and Engagement in a First-Year Undergraduate Economics Classroom

Singh

2020

Education Sciences

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“…It has been an entertaining way for students to engage with the material and presents Coase (albeit unintentionally) in a simple, but not simplistic, manner. Despite potential concerns around ethnic stereotyping, the authors have felt that "Bitter Wine" has been a valuable addition to the economics toolkit (Picault 2019). The episode presents a rather seamless integration into existing economics curriculum, both at an introductory level and an intermediate/advanced level.…”

Section: Discussionmentioning

confidence: 99%

“…Furthermore, changing the material presentation helps students engage in active learning and apply the material instantly, as Stowe (2010) explains. Active learning and the use of media in the classroom have grown significantly over the past fifty years (Hoyt and McGoldrick 2019) such that new work in the area has focused on cataloging the variety of active-learning methods (Picault 2019).…”

Section: Literature Reviewmentioning

confidence: 99%

Have Coase - Will Travel: New Ways to Teach Coase Using Old Media

2020

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Bitter Wine" was the twenty-third episode of the premiere season of the Emmy-nominated western, Have Gun -Will Travel. Gun-for-hire Paladin settles an externality issue between a small-scale vintner and neighboring oilman à la Coase, but two years before Coase's seminal paper. This 1958 episode acutely portrays the Coasian solution often taught in undergraduate courses. Incorporating this episode into the undergraduate curriculum can serve as a stepping stone for discussing the implications of transaction costs and the Coase Theorem.

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“…One way around this is to use teaching aids that are familiar to students (O’Roark, 2017; O’Roark & Grant, 2018). This puts students in a setting tethered to something recognizable, which, according to Picault (2019), is particularly important for millennials. Specifically, Picault notes that new teaching methods that include active learning to improve engagement among millennials serve as a transversal between engagement and content acquisition.…”

Section: Connecting Music and The Economics Literaturementioning

confidence: 99%

Music Then and Now: Using Technology to Build a Lyric Animation Module

Geerling

Mateer

O’Roark

2019

The American Economist

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This article describes a student group project (Music for Econ) which synthesizes music with economics and is a great way to connect with your audience. We trace the journey of Music for Econ from its inception as a Pop-Up video in the early 2000s through to the creation of a Music for Econ library on Critical Commons. Music for Econ is a pedagogical device which can be used to demonstrate the everyday application of economics and help unlock student creativity. Consequently, we provide the instructor with a do it yourself (DIY) manual, which shows them how to set up the project, customize it depending on the size of their class, and how to avoid common pitfalls. We also include an end of project survey template for reference and future use in an appendix. More broadly, Music for Econ is simply fun to watch if you like music and enjoy leaning about economics. JEL Classifications: A20, A21, A22

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The economics instructor’s toolbox

Cited by 50 publications

References 126 publications

“A Little Flip Goes a Long Way”—The Impact of a Flipped Classroom Design on Student Performance and Engagement in a First-Year Undergraduate Economics Classroom

“A Little Flip Goes a Long Way”—The Impact of a Flipped Classroom Design on Student Performance and Engagement in a First-Year Undergraduate Economics Classroom

Have Coase - Will Travel: New Ways to Teach Coase Using Old Media

Music Then and Now: Using Technology to Build a Lyric Animation Module

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