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Interactive macroeconomics: A pluralist simulator

Author

Listed:
  • Prante, Franz J.
  • Barmucci, Alessandro
  • Hein, Eckhard
  • Truger, Achim

Abstract

The aim of our contribution is to present an innovative instrument to teach macroeconomics at the undergraduate and master level. We develop a digital learning platform to present and explore some controversies at the very foundations of macroeconomic theory. For this purpose, we explicitly present two competing paradigms, the new-Keynesian and the post-Keynesian one. Several interactive scenarios are made available where the user can take control over different economic policy instruments and is guided through a set of problems that require appropriate actions in the context of the different approaches.

Suggested Citation

  • Prante, Franz J. & Barmucci, Alessandro & Hein, Eckhard & Truger, Achim, 2019. "Interactive macroeconomics: A pluralist simulator," IPE Working Papers 117/2019, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
    • Handle: RePEc:zbw:ipewps:1172019
    as

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    References listed on IDEAS

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    More about this item

    Keywords

    macroeconomics teaching; simulations; pluralism; new Keynesian macroeconomics; post-Keynesian macroeconomics;
    All these keywords.

    JEL classification:

    • A22 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Undergraduate
    • A23 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Graduate
    • E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian; Modern Monetary Theory
    • E17 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Forecasting and Simulation: Models and Applications
    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General

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