Students Call for Reform of Economics Education

Economics students in 19 countries have issued a joint call -- published in The Guardian -- to change the way economics is taught. The students' analysis (similar to that of some professors in the United States and elsewhere) is that economics has become too uniform in its approaches and too removed from real life. "[I]t's time to reconsider the way economics is taught. We are dissatisfied with the dramatic narrowing of the curriculum that has taken place over the past couple of decades," the letter says. "This lack of intellectual diversity does not only restrain education and research. It limits our ability to contend with the multidimensional challenges of the 21st century – from financial stability to food security and climate change. The real world should be brought back into the classroom, as well as debate and a pluralism of theories and methods. This will help renew the discipline and ultimately create a space in which solutions to society's problems can be generated."