Competitive vs cumulative approach in teaching macroeconomics: Some thoughts on recent popular textbooks
Emilio Carnevali ()
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Emilio Carnevali: Northumbria University, Newcastle upon Tyne (UK)
PSL Quarterly Review, 2022, vol. 75, issue 301, 161-171
Abstract:
This paper critically evaluates two different approaches to teaching macroeconomics at the undergraduate level through the comparison of two popular, recent handbooks: Olivier Blanchard's Macroeconomics (2021) and William Mitchell, Randall Wray and Martin Watts's Macroeconomics (2019). These textbooks are taken as benchmarks of two opposite views of the discipline: the cumulative – that is, followed by Blanchard and most "mainstream" textbooks – as opposed to the competitive view.
Keywords: Teaching of economics; monetary policy; IS-LM model (search for similar items in EconPapers)
JEL-codes: A2 A22 E12 E5 (search for similar items in EconPapers)
Date: 2022
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