Yoram Bauman is also an environmental economist. With this hat on, in the NYT, he says:
Learning about the shortcomings as well as the successes of free markets is at the heart of any good economics education, and students — especially those who are not destined to major in the field — deserve to hear both sides of the story.
Which reminds me of my plan to put in more stuff about common property resources, public goods and externalities into my MBA course next quarter…
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December 18, 2011 at 1:47 am
rani spiegler
This suggests a structure for an introductory econ course for non-majors that in some sense mimics Jeff’s intermediate micro course outline. A lot less technical, of course, but with a similar trajectory of STARTING with a public good porblem, and leave the discussion of private goods with no externalities and the first welfare theorem to the END. That would be interesting!