Title: Pluralist macroeconomics - an interactive simulator

Authors: Franz Prante; Alessandro Bramucci; Eckhard Hein; Achim Truger

Addresses: University of Duisburg-Essen, Forsthausweg 2, LE 407 47057 Duisburg, Germany ' Berlin School of Economics and Law, Badensche Str. 52, 10825 Berlin, Germany ' Berlin School of Economics and Law, Badensche Str. 52, 10825 Berlin, Germany ' University of Duisburg-Essen, Forsthausweg 2, LE 407 47057 Duisburg, Germany

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.

Keywords: macroeconomics teaching; simulations; pluralism; new consensus macroeconomics; NCM; post-Keynesian macroeconomics.

DOI: 10.1504/IJPEE.2020.109496

International Journal of Pluralism and Economics Education, 2020 Vol.11 No.1, pp.55 - 78

Received: 12 Sep 2019
Accepted: 30 Apr 2020

Published online: 02 Sep 2020 *

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