What Can Behavioral Economics Teach Us about Teaching Economics? (eBook)

Supriya Sarnikar is Associate Professor of Economics at Westfield State University, USA. Her research has appeared in several journals including the American Economic Review. She earned a PhD in economics from the University of Arizona, USA, and a law degree from George Mason University, USA, where she was also a recipient of the Robert A. Levy Fellowship in Law and Liberty.

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Sarnikar cites evidence of frequent misconceptions of economics amongst students, graduates, and even some economists, and argues that behavioral economists are uniquely qualified to investigate causes of poor learning in economics. She conducts a review of the economics education literature to identify gaps in current research efforts and suggests a two-pronged approach to fill the gaps: an engineering approach to the adoption of innovative teaching methods and a new research program to enhance economists' understanding of how learning occurs. To facilitate research into learning processes, Sarnikar provides an overview of selected learning theories from psychology, as well as new data on hidden misconceptions amongst beginning students of economics. She argues that if they ask the right questions, economists of all persuasions are likely to find surprising lessons in the answers of beginning students of economics.