Integrating Historical Perspectives into Modern Economics
Edited by Daniela Tavasci and Luigi Ventimiglia
Chapter 6: Introducing institutional microeconomics through the study of the history of economic thought
The author presents ideas on using history of thought to illuminate economic theory in the teaching of introductory economics. In this, he draws on his experience as a life-long observer of economics teaching and from 35 years teaching Introduction to Microeconomics, first at Tufts University and then at the University of Massachusetts at Amherst. He suggests how the study of history of thought can enhance learning both for those who follow the dominant orthodoxy and those who criticize it. Furthermore, as pedagogy, teaching history of thought can help students learn, by maintaining their interest and by giving them a deeper and richer understanding of economic theory.
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