WHERE THE DISMAL SCIENCE TRIES TO MEET THE EDUCATOR! This is not an Economics Blog! It is a blog on "How I attempt to teach the Dismal Science and ..."
Sunday, January 15, 2006
Macroeconomics & Heuristics
I was reading the article "What is problem solving?" by Michael Martinez (see my last post). The Heuristic approach advocated in the paper is an interesting idea.
In the article he had the following sentence:
"All heuristics help break down a problem into pieces."
This made me think of Macroeconomics. A very big puzzle , so big that it can not be seen as one piece. Economist take pieces of information Unemployment, Inflation, Interest rate, etc. and try to reason the function, relationship between different pieces or the location of each piece in the larger picture.
I am thinking of bringing a puzzle to class and fiddle around with it so the students can visualize this idea. An old puzzle with worn out edges would be better because in real life there is NO exact fits.
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