Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

Thinking Like an Economist with Prof. Jonathan Gruber

Thinking Like an Economist with Prof. Jonathan Gruber

FromChalk Radio


Thinking Like an Economist with Prof. Jonathan Gruber

FromChalk Radio

ratings:
Length:
10 minutes
Released:
Jun 24, 2020
Format:
Podcast episode

Description

Professor Jonathan Gruber wants to train students to think like economists. Economics uses elegant mathematical models to explain how people make decisions and allocate their resources—but all too often those models are taught in ways that remain disconnected from students’ own experience. In this episode, Professor Gruber shares his thoughts on bridging that gap in his course 14.01 Introductory Microeconomics. He says he tries to anchor the course with real-world examples; as he explains, “You only really understand something when you go out in the real world and apply it.” And those examples, he says, have to be relatable. So rather than discussing companies none of his students have heard of or commodities nobody cares about, he illustrates fundamental economic concepts with examples like Kim Kardashian’s exercise corset, Uber’s policy of surge pricing, and LeBron James’s decision not to attend college. By engaging students with accessible examples of economic principles in action, Professor Gruber helps them develop economic intuition—a sense of how the mathematical models apply in the real, seemingly chaotic world. If you’ve always thought economics was boring, listen in on this podcast. It may change your mind!Relevant Resources:MIT OpenCourseWareThe OCW Educator PortalProfessor Gruber’s Scholar course on OCWProfessor Gruber’s microeconomics course on EdXProfessor Gruber’s faculty pageMusic in this episode by Blue Dot SessionsConnect with UsIf you have a suggestion for a new episode or have used OCW to change your life or those of others, tell us your story. We’d love to hear from you! On our siteOn FacebookOn TwitterOn InstagramStay CurrentSubscribe to the free monthly "MIT OpenCourseWare Update" e-newsletter. 
Released:
Jun 24, 2020
Format:
Podcast episode

Titles in the series (40)

Chalk Radio is an MIT OpenCourseWare podcast about inspired teaching at MIT. We take you behind the scenes of some of the most interesting courses on campus to talk with the professors who make those courses possible. Our guests open up to us about the passions that drive their cutting-edge research and innovative teaching, sharing stories that are candid, funny, serious, personal, and full of insights. Listening in on these conversations is like being right here with us in person under the MIT dome, talking with your favorite professors. And because each of our guests shares teaching materials on OCW, it's easy to take a deeper dive into the topics that inspire you. If you're an educator, you can make these teaching materials your own because they're all openly-licensed. Hosted by Dr. Sarah Hansen from MIT Open Learning. Have a story to share on Chalk Radio? Please get in touch at chalkradio@mit.edu.