- Title
- Cicero’s children : The worth of economic history and economic thought for business students
- Creator
- Millmow, Alex
- Date
- 2009
- Type
- Text; Conference paper
- Identifier
- http://researchonline.federation.edu.au/vital/access/HandleResolver/1959.17/60593
- Identifier
- vital:3489
- Identifier
- ISBN:9781741072815
- Abstract
- Despite talk about the first sightings of the ‘green shoots of recovery’ the Global Financial Crisis which began to unfold in August 2007 is likely to exert some impact upon the prevailing economic and political philosophy. The big question for economic and business instructors is to ponder whether it will lead to any significant changes in economic and business syllabus at Australian universities. The teaching of mainstream economics is durable and usually resistant to change. Yet the crisis has certainly caused rumblings in the teaching of first-year economics. As one ABC reporter recently asked ‘How do you teach economics at a time like this?’ There is certainly a great curiosity among the young about what went wrong. Moreover they wish to know why neoliberalism has failed and why state interventionism is resurgent. Young minds must be perplexed about the rapid revision of agenda from containing inflation in 2008 to coping with recession in 2008. To paraphase the lyrics to the old Talking Heads song ‘Once in a lifetime’ ‘You may ask yourself, well… how did we get here?’ This is what they and we are asking themselves. This paper argues that an introductory course in economic ideas could help tell them why.
- Publisher
- Queensland University of Technology (QUT), Brisbane, Queensland : School of Economics and Finance Faculty of Business, Queensland University of Technology (QUT)
- Relation
- Paper presented at ATEC 2009 : 14th Annual Australasian Teaching Economics Conference : What does the financial crisis tell us about teaching and learning economics?, Queensland University of Technology (QUT), Brisbane, Queensland : 13th-14th July, 2009 p. 156-167
- Rights
- Open Access
- Rights
- Copyright QUT
- Rights
- This metadata is freely available under a CCO license
- Subject
- Global Financial Crisis; Economics; Teaching and learning; University teaching
- Full Text
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|---|---|---|---|---|---|---|---|
| View Details Download | SOURCE1 | Conference paper | 318 KB | Adobe Acrobat PDF | View Details Download |