Economics 101-ism and the Dunning-Kruger effect: Reducing overconfidence among introductory macroeconomics students

James Sawler

International Review of Economics Education, 2021, vol. 36, issue C

Abstract: In numerous subjects, people with the least knowledge also lack the ability to assess how much they don’t know. Specifically, the less competent the individual, the greater is their overconfidence in their knowledge - the Dunning-Kruger effect. However, in order for the incompetent to overestimate their knowledge, they must satisfy a minimal threshold of knowledge that suggests to themselves that they can generate correct answers.

Keywords: Economics teaching; Over-confidence; Introductory economics; Dunning-Kruger effect (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ireced:v:36:y:2021:i:c:s1477388020300359

DOI: 10.1016/j.iree.2020.100208

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