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Web Accessories For Introductory Economics At The University Of Massachusetts, Nancy Folbre
Web Accessories For Introductory Economics At The University Of Massachusetts, Nancy Folbre
Economics Department Faculty Publications Series
This is a brief description of two websites that were developed to supplement introductory economics courses.
Will The Real Adam Smith Please Stand Up?: Teaching Social Economics In The Principles Course, Jonathan B. Wight
Will The Real Adam Smith Please Stand Up?: Teaching Social Economics In The Principles Course, Jonathan B. Wight
Economics Faculty Publications
Part of the difficulty of introducing social economics into the principles course is the perception that social economics is anathema to mainstream economics. As noted by Warren Samuels, however, "neoclassical economics is already a form of social economics" despite its "pretensions of methodological individualism and value-neutrality". Heilbroner also makes the case that the " ... the preponderance of great economists were aware of economics as explanation systems of particular socio-economic formations." Like it or not, economists err in omitting from their models what McCloskey calls "S" variables--variables representing the "social embeddedness" of values which direct human choices.