9.3.03
RETHINKING INTRODUCTORY ECONOMICS. From the SCSU Scholars comes news of a proposal to change introductory economics at Harvard. The student comments offered here suggest that the course is a survey of price and income theory (it is a full year course, particulars here) that might well be spiced-up by some puzzles. It's not clear to me that the methods of behavioral economics necessarily give you behavior that is not optimal; a close reading of the article suggests that perhaps there are other constraints that people work under, and that these constraints might get slighted in an introductory economics course, particularly if that course seeks to cover a lot of material once over lightly rather than focusing on a few big things.
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