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New Economic Teaching -Bridging Four Gaps

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When the Curriculum Open-access Resources in Economics (CORE) project launched on 11 November 2013 at Her Majesty’s Treasury in London, we promised that we would be ‘teaching economics as if the last three decades had happened’. The last six months have shown us that this is challenging but we are well on our way to doing it.

In 2014-2015, we will be test teaching the materials for a new Introduction to Economics course in five universities (including University College London) in four continents.

We will close three gaps that have widened in those three decades. Most obvious to academics is a gap between what economists now know and what we teach undergraduates. To the public, there is a gap between the questions they ask, including the questions that bring our students into the classroom, and the often unrelated content of the standard curriculum. There is also a gap between conventional text-and-lecture methods used in university economics teaching and low-cost interactive learning technology. Finally, there is the gap between the marginal cost of making great curricular materials available and the price charged by publishers for the now dominant texts.

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