Developing the Role of Data in Teaching Introductory Microeconomics - Tim Burnett
#TeachECONference2021 Live Session Day 1 (28 June)
Session: Inspiring Ideas for Economics Education
Abstract: It is broadly accepted that examples based upon 'real-world' economic data can be used to support and reinforce the learning of economic theory by university students. In this presentation, I will present findings from my present research into the 'why' and 'how' of data in teaching introductory microeconomics, motivated in particular by:
The breadth of approaches currently being employed, and variety in the extent to which data is embedded in economics modules (such as a primary or experiential learning tool, or as a supplement to conventional lecture-led approaches)
The diversity of thought on the specific benefits of data and a data-led approach to economics education
Through a review of pedagogical literature, and a combination of short surveys and interviews with UK-based educators, the underlying research behind this proposal aims to provide an overview of the theoretical rationale for the inclusion of real-world economic data as a tool to support the teaching of introductory microeconomics, to identify the scope of ways in which data is incorporated in introductory microeconomics modules, and an understanding of the perceived benefits associated with a number of approaches—both in terms of outcomes and implementation.
These questions around the use of data in economics extend beyond simple ideas of students' retention of information and impact on ideas of how educators can design learning activities to promote diversity, inclusion, and students' broader soft and hard skills. I hope this presentation will be of interest to all lecturers engaged in the design and delivery of microeconomics, or with an interest in the design of engaging and effective teaching activities.