A New Economics Curriculum For A New Century And A New Economy
This paper has been included in the publication
“The Economics Curriculum: Towards a radical reformulation”
The advent of the new global economy and more poignantly the global financial crisis of 2008 has revealed the pedagogical fault lines on the contemporary economic neoclassical landscape. This paper proposes a new model for economic pedagogy and for the professional preparation of future economists. It describes the errors and omissions in the academic training of contemporary economists and suggests specific remedies and solutions towards enhancing the efficacy of the economics curriculum. The process of modernizing the economics curriculum requires building intellectual bridges with the new global economy, enhancing historical content, acknowledging the academic value of interdisciplinarity, embracing academic mentorship, internationalizing the curriculum and redefining the role of quantitative economics.