In keeping with Harwood’s practice of teaching the new generation of students to conduct high-quality applied economic research, AIER is setting a national example in establishing collaborative partnerships between universities and practitioners.
AIER continues to pursue the educational ideas of our founder, Col. E.C. Harwood, who believed that educating the educators advances the institute’s mission.
At a recent annual conference of the Council for Economic Education, a lesson on unemployment was presented by Vicki L. Fuhrhop, a teacher at Collinsville High School in Collinsville, Ill, who is an alumna from the 2016 Chicago class. She joins the roster of teachers who implemented lesson ideas from our workshops in their classrooms.
A report about the lesson conducted at The Career Academy, in Lincoln, Neb., by Ms. Nicole Barrett, a participant in Teach-the-Teachers Initiative 2017 in Omaha. This lesson was observed by James L. Olsen, AIER voting member.
The author presents a computer game that puts the player in the role of a central bank governor. The game is a stochastic simulation of a standard reduced form macro model, and the user interacts with this simulation by manipulating the interest rate.
Vol. XLV, no. 12 | December, 2005