TEACHING PIKETTY TO UNDERGRADUATES

Humberto Barreto ()

No 2017-02, Working Papers from DePauw University, School of Business and Leadership and Department of Economics and Management

Abstract: The primary ideas in Piketty’s Capital should be incorporated into the economics curriculum. Unfortunately, its theoretical foundation—the Solow Model—when conventionally taught with a Solow diagram or analytical solution, is beyond the reach of the typical undergraduate. The model, however, can be effectively presented via simulation, with steady-state and comparative statics properties directly observed. A single, standalone, macro-enhanced Excel workbook, Capital.xlsm, is all that is needed to teach the main ideas in Piketty’s Capital. Download it here www.depauw.edu/learn/econexcel or from this direct link: www.depauw.edu/learn/econexcel/Capital.xlsm

Keywords: inequality; simulation; Excel; income distribution; Solow Model; economic growth (search for similar items in EconPapers)
JEL-codes: A10 A20 J10 (search for similar items in EconPapers)
Date: 2017-11
New Economics Papers: this item is included in nep-his, nep-hpe and nep-pke
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https://www.depauw.edu/site/learn/dew/wpaper/worki ... -TeachingPiketty.pdf (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:dew:wpaper:2017-02

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