Teaching about financial crises: a methodological approach

David A. Zalewski

International Journal of Pluralism and Economics Education, 2011, vol. 2, issue 2, 170-180

Abstract: The recent financial crisis has prompted many business school leaders to reconsider the course content of their finance programmes. I argue that students would benefit from an understanding of how neoclassical and heterodox economists study the structure and function of financial systems. To accomplish this, the paper offers suggestions on how to incorporate these methodologies into the curriculum, and also provides strategies to obtain support from faculty who are unfamiliar with non-mainstream research techniques.

Keywords: finance education; economic methodology; inductive reasoning; deductive reasoning; pattern modelling; Hyman P. Minsky; Warren Buffett; fiancial crisis; business schools; neoclassical economics; heterodox economics; higher education. (search for similar items in EconPapers)
Date: 2011
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