Teaching Macroeconomics by Bringing Marx into the Classroom

Mark Lautzenheiser and Yavuz Yasar
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Mark Lautzenheiser: Department of Economics, Earlham College, Richmond, IN 47374-1207, USA, lautzma@earlham.edu

Review of Radical Political Economics, 2005, vol. 37, issue 3, 329-339

Abstract: The aggregate demand and supply graph is a staple in undergraduate macroeconomics courses. The foundations of this model and questions it addresses are often different from radical economics. The current article develops an alternative to the aggregate demand and supply framework. In the alternative framework, students are quickly introduced to certain aspects of Marx’s economic theory with the aid of a simple graphical tool.

Keywords: teaching; macroeconomics and monetary economics; Marx (search for similar items in EconPapers)
Date: 2005
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Persistent link: https://EconPapers.repec.org/RePEc:sae:reorpe:v:37:y:2005:i:3:p:329-339

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