IDEAS home Printed from https://ideas.repec.org/a/ibn/ijefaa/v8y2016i9p234-248.html
   My bibliography  Save this article

The Visual ¡°Big Picture¡± of Intermediate Macroeconomics: A Pedagogical Tool to Teach Intermediate Macroeconomics

Author

Listed:
  • Seyyed Ali Zeytoon Nejad Moosavian

Abstract

The primary purpose of this paper is to introduce a holistic, visual ¡°big picture¡± of the concepts and diagrams that are commonly covered in the course of intermediate macroeconomics. Intermediate macroeconomics discusses numerous concepts and diagrams in order to finally show how aggregate supply (AS) and aggregate demand (AD) are derived in an economy. A further learning objective defined for the intermediate macroeconomics course is to enable students to investigate the overall effects of macroeconomic policies on AS and AD in the economy. In order to better attain the aforementioned learning objectives, the present paper proposes a visual ¡°big picture¡± which can be applied as a pedagogical tool in teaching intermediate macroeconomics classes. This visual ¡°big picture¡± logically connects twenty-seven macroeconomic diagrams which are usually introduced in the intermediate macroeconomics course, and also describes the general pattern and overall structure of macroeconomics in terms of four separate markets in a visual way, namely labor market, capital market, money market, and goods market. Finally, it is suggested that this visual ¡°big picture¡± should be provided to the students taking the course of intermediate macroeconomics so that they can readily grasp the logical order of the concepts and the underlying complex structure of the markets that are discussed in the course.

Suggested Citation

  • Seyyed Ali Zeytoon Nejad Moosavian, 2016. "The Visual ¡°Big Picture¡± of Intermediate Macroeconomics: A Pedagogical Tool to Teach Intermediate Macroeconomics," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 8(9), pages 234-248, September.
    • Handle: RePEc:ibn:ijefaa:v:8:y:2016:i:9:p:234-248
    as

    Download full text from publisher

    File URL: http://ccsenet.org/journal/index.php/ijef/article/view/61422/33626
    Download Restriction: no
    File URL: http://ccsenet.org/journal/index.php/ijef/article/view/61422
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. repec:ebl:ecbull:v:1:y:2008:i:1:p:1-6 is not listed on IDEAS
    2. Alexandra Naumenko & Seyyed Ali Zeytoon Nejad Moosavian, 2016. "Clarifying Theoretical Intricacies through the Use of Conceptual Visualization: Case of Production Theory in Advanced Microeconomics," Applied Economics and Finance, Redfame publishing, vol. 3(4), pages 103-122, November.
    3. David Wilson & William Dixon, 2009. "Performing Economics: A Critique of 'Teaching and Learning'," International Review of Economic Education, Economics Network, University of Bristol, vol. 8(2), pages 91-105.
    4. Peter Kennedy, 2008. "A big picture for teaching macroeconomics principles," Economics Bulletin, AccessEcon, vol. 1(1), pages 1-6.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Mahmood Mahmoudzadeh & Seyyed Ali Zeytoon Nejad Moosavian, 2016. "Measuring and Analyzing the Shares of Economic Growth Sources in the Mining Sector of Iran: A Neoclassical Growth Accounting Approach," Papers 1612.00833, arXiv.org.
    2. Hongxiang Zhang, 2017. "Accommodating Different Learning Styles in the Teaching of Economics: with Emphasis on Fleming and Mills¡¯s Sensory-based Learning Style Typology," Applied Economics and Finance, Redfame publishing, vol. 4(1), pages 72-83, January.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Seyyed Ali Zeytoon Nejad MOOSAVIAN, 2016. "Teaching Economics and Providing Visual “Big Pictures”," Journal of Economics and Political Economy, KSP Journals, vol. 3(1), pages 119-133, March.
    2. Seyyed Ali Zeytoon Nejad Moosavian, 2022. "The Visual Decoding of the Wheel of Duality in Consumer Theory in Modern Microeconomics," Papers 2209.02839, arXiv.org.
    3. Andy Denis, 2013. "Pluralism in economics education," Chapters, in: Jesper Jespersen & Mogens Ove Madsen (ed.), Teaching Post Keynesian Economics, chapter 5, pages 88-105, Edward Elgar Publishing.
    4. Mahmood Mahmoudzadeh & Seyyed Ali Zeytoon Nejad Moosavian, 2016. "Measuring and Analyzing the Shares of Economic Growth Sources in the Mining Sector of Iran: A Neoclassical Growth Accounting Approach," Papers 1612.00833, arXiv.org.
    5. Mohsen Edalati, 2017. "Harmonizing Teaching Tools with Cognitive Learning Outcomes in the Teaching of Economics," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 9(1), pages 119-129, January.
    6. Seyyed Ali Zeytoon Nejad Moosavian, 2022. "Using the Interactive Graphic Syllabus in the Teaching of Economics," Papers 2209.02665, arXiv.org.
    7. Seyyed Ali Zeytoon Nejad Moosavian, 2022. "Classicals versus Keynesians: Fifty Distinctions between Two Major Schools of Economic Thought," Papers 2209.02683, arXiv.org.
    8. Kagochi, John & Durmaz, Nazif, 2021. "Determinants of Intra-SSA Tourism Demand," MPRA Paper 106492, University Library of Munich, Germany.
    9. Seyyed Ali Zeytoon Nejad Moosavian, 2016. "The Visual Decoding of the ¡°Wheel of Duality¡± in Consumer Theory in Modern Microeconomics: An Instructional Tool Usable in Advanced Microeconomics to Turn ¡°Pain¡± into ¡°Joy¡±," Applied Economics and Finance, Redfame publishing, vol. 3(3), pages 288-304, August.
    10. Hongxiang Zhang, 2017. "Accommodating Different Learning Styles in the Teaching of Economics: with Emphasis on Fleming and Mills¡¯s Sensory-based Learning Style Typology," Applied Economics and Finance, Redfame publishing, vol. 4(1), pages 72-83, January.
    11. Mehrdad KHADIMEE, 2016. "The Sources of Economic Growth in Iran’s Economy," Journal of Economics Library, KSP Journals, vol. 3(4), pages 621-631, December.

    More about this item

    Keywords

    intermediate macroeconomics; neoclassical and keynesians IS/LM/AS/AD models; aggregate supply; aggregate demand;
    All these keywords.

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ibn:ijefaa:v:8:y:2016:i:9:p:234-248. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Canadian Center of Science and Education (email available below). General contact details of provider: https://edirc.repec.org/data/cepflch.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.