During his teaching career, the author realized that a logical flow needed to be adopted in teaching financial economics in order to bring to life those modules that students found hard to understand behind the simple mechanical application. This chapter shows how teaching with historical perspectives (THP) is about contextualizing the teaching of a subject both in terms of the genesis of a model or theory, and in terms of its development and evolution. THP provides a framework that allows students to group models together within the same school of thought and discuss the formation of new paradigms. As a result, students are able to easily use models that are relevant to their employability.
Integrating Historical Perspectives into Modern Economics
Edited by Daniela Tavasci and Luigi Ventimiglia
Stemming from the idea that economics is a social science that tends to forget its own history, this refreshing book reflects on the role of teaching with historical perspectives. It offers novel ways of integrating the history of economics into the curriculum, both in history of economic thought modules and in other sub-disciplines. Coming from a wide diversity of experiences, the chapters share the idea that studying the history of thought exposes students to pluralism and is therefore an essential pedagogical tool.