News | Tuesday, 7th December 2021
Teaching economic policy institutions: new open access resources available
The Teaching Economic Policy Institutions project explores how the role, power and purpose of economic policy institutions is taught in higher education - and provides teaching resources to help economics and political science students understand organisations such as the Treasury and Bank of England.
It has been led by the Director of the Manchester Centre for Economic Policy, Craig Berry, with the support of Adam Barber, Sabaa Jahangir, Christine Berry and Rethinking Economics, with funding from the Friends Provident Foundation.
The project is based on the premise that a failure to appreciate the role of such policymakers in shaping economic life means important influences upon how the capitalist economy operates in countries such as the UK remain marginal to economic analysis.
This is especially problematic given events in the UK. For example, the Treasury and Bank of England have developed extraordinary policy initiatives in order to rescue and partially reform the financial system in the wake of the 2007/8 crisis and ostensibly rebalance the economy. But with policymaking institutions marginalised in undergraduate teaching, economics students cannot fully appreciate how the economy actually functions, and political science students overlook important relationships between political and economic power.
Our new teaching resources - published on an open access basis - help to rectify this problem. Craig Berry has published new introductory papers on:
He has also created a set of learning exercises for use in the classroom, and curated a set of essays by leading experts on UK economic policy institutions, including Daniel Bailey, Diane Coyle, Simon Lee, John Hogan Morris, Nick O’Donovan, David Richards and Catherine Walsh.
You can access all of the new resources from: https://www.mmu.ac.uk/research/research-centres/future-economies/projects/teaching-economic-policy-institutions
For more information, you can contact Craig on c.berry@mmu.ac.uk.
