Abstract this article explores the meaning of pluralism in economics and the arguments put forward in support of it in particular, the distinction is drawn between methodological pluralism (support for variety in methodological approach) and a pluralist methodology (one which employs a variety of methods. Economics is a social science complex economic phenomena can seldom be understood if presented in a vacuum, removed from their sociological, political, and historical contexts to properly discuss economic policy, students should understand the broader social impacts and moral implications of economic decisions. Pluralism has been a rallying cry for openness and broad-mindedness in economics since the early 1980s, when heterodox economists’ long-standing challenges to the methodological and epistemological monism of post-world war ii economics were joined and extended by “old chicago” mccloskey (1983. The production possibilities frontier of economic ideas economics education has been discussed in the public domain for a long time, but since the global financial crisis it has come under renewed scrutiny. For pluralism in economics two years after the creation of isipe, one year after our first global action day, and just a few weeks after our second international assembly, this week (on 4 may 2016 ± 2 days) we are celebrating all over the world the 2nd global action day for pluralism in economics.
This editorial introduces the special issue of iree on pluralism in economics education it draws out the pedagogical consequences of the contradiction between the plurality of the discipline and the singularity of student induction into it. A pluralist approach to economics is both necessary from an academic as well a policy point of view from an academic viewpoint pluralism can be understood as the outcome of competition and specialization in the search for new ideas that can deal with imperfections of the real world from a policy. Pluralism in the economics curriculum involves raising student awareness of the full variety of established frameworks that can be used to help understand economic phenomena, and to the strengths and weaknesses of each approach.
Pluralism typically means including heterodox viewpoints in economics curricula and texts current heterodox theories come mainly from interpretations of marx, veblen, and keynes mainstream economists reject marx and veblen and accept a diluted version of keynes. The international handbook on teaching and learning economics provides a comprehensive resource for instructors and researchers in economics, both new and experienced this wide-ranging collection is designed to enhance student learning by helping economic educators learn more about course content. Pluralism, in political science, the view that in liberal democracies power is (or should be) dispersed among a variety of economic and ideological pressure groups and is not (or should not be) held by a single elite or group of elites.
Therefore, reclaiming pluralism in economics is a very good resource in the ongoing debates on pluralism in economics it is not just a useful in heterodox economics it is also a good starting point for encouraging pluralism in mainstream economics. Necessary pluralism in economics: the case for heterodoxy in our survey of major recommendations for curriculum reform, the last, july, issue of the newsletter featured a description of the inet-core project led by wendy carlin this time it is the turn of the association of heterodox economists. Teaching pluralism in economics is an ambitious collection of 11 essays addressing the potential for more pluralistic and interdisciplinary approaches to economic educationthe essays range from those addressing pluralism and interdisciplinarity at. An international student call for pluralism in economics it is not only the world economy that is in crisis the teaching of economics is in crisis too, and this crisis has consequences far beyond the university walls.
Editorial: pluralism in economics education 7 economics (chude) addressing the controversy over the sbsechude was responsible for overseeing the development of the 2000 sbse (together with the. In the past few years, economics students from across the world have called for greater plurality in the economics curriculum for example, in 2014 the international student initiative for pluralism in economics (which is a federation of 82 student groups from across 31 countries) released an open letter calling for greater pluralism and interdisciplinarity in their economics education. Ultimately, pluralism in economics education is essential for healthy public debate it is a matter of democracy signed, the member organizations of the international student initiative for pluralism in economics.
Of pluralism for economics, with the eye of an academic and that of a policy maker by and large, a pluralist approach is a beneficial state of affairs as long as different strands of thought. Empirical research on the pluralism debate in economics is scarce this applies in particular to international studies investigating the student perspective. The literature on pluralism in economics education also reveals visions of pluralism that are associated with a more open and varied approach to pedagogy (denis, 2009, p16).