The importance of Economics courses in the course of undergraduate studies
frequently appears when problems and issues are encountered within the
national economic status, or sometimes, even during own financial
difficulties. William Becker, in his Teaching Economics in the 21st
Century, indicates Siegfried's view of the goal of Economics courses.
"The primary goal of undergraduate courses in economics is to enable
students to think like economists."
Many mediums affect our perspective of economics. Mediums such as the
televisions, radios, and newspapers, act as influences on how we view
economics. Particularly in educational institutions, such serve as
influences on how economics is taught. Becker and his colleagues, however,
"But even college-educated high school teachers of economics have
beliefs about economics that are more highly correlated with those of
journalists than with those of economists."
This journalist-like view of economics is among the several problems that
are seen in the way economics is taught. Economics educators tend to be
One method of teaching being implemented by many is the use of textbooks.
From textbooks, discussions are brought in a class. However, in teaching
and learning economics, discussion of recorded markets of the past would
turn out to be hypothetical if there are no current events that the
students can use as references (Becker, 2000). In view of this, one way of
economics in a more interesting ways is the use of current events. This
method can provide the students with a clearer point of analysis. As
Shapiro and Varian asserts, economics data in textbooks such as supply and
demand graphs are of little use (Becker, 2000). Hence, the method of using
current events as part of learning economics is important because of its
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