Pluralist macroeconomics - an interactive simulator Online publication date: Thu, 10-Sep-2020
by Franz Prante; Alessandro Bramucci; Eckhard Hein; Achim Truger
International Journal of Pluralism and Economics Education (IJPEE), Vol. 11, No. 1, 2020
Abstract: Our paper presents an innovative instrument to teach macroeconomics at the undergraduate 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 consensus, and the post-Keynesian. Several interactive scenarios are made available where the user can control different economic policy instruments and is guided through a set of problems that require appropriate action in the context of the different approaches.
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