About Rethinking economics
Rethinking Economics: Revolutionizing the Way We Learn and Understand Economics
Economics is a subject that has been around for centuries, yet it remains one of the most misunderstood and controversial fields of study. Many people view economics as a dry, technical subject that is only relevant to policymakers and academics. However, economics affects every aspect of our lives, from the price we pay for goods and services to the policies that shape our society.
Rethinking Economics is an international network that aims to change the way we learn and understand economics. The organization brings together university students, academics, and members of the public who are passionate about creating a more pluralistic, critical approach to economics education.
The mission of Rethinking Economics is simple: to make economics more accessible, relevant, and tied to real-world issues. The organization believes that traditional economic models have failed us in many ways – from exacerbating inequality to ignoring environmental concerns – and that it's time for a new approach.
One of the key goals of Rethinking Economics is to promote pluralism in economic thought. This means recognizing that there are many different perspectives on how economies work – from neoclassical theories based on rational actors to Marxist critiques focused on power dynamics – and encouraging students to explore these diverse viewpoints.
Another important aspect of Rethinking Economics' work is promoting critical thinking skills among students. Rather than simply memorizing formulas or accepting preconceived notions about how economies function, students are encouraged to question assumptions and analyze data critically.
Finally, Rethinking Economics seeks to connect economic theory with real-world issues by emphasizing applied research projects. By working on projects related to poverty reduction or environmental sustainability alongside academic mentors or industry professionals ,students can see firsthand how their knowledge can be used in practical ways outside academia .
Rethinking Economics has already made significant strides towards its goals since its founding in 2012 .The organization now boasts over 100 student groups in universities across the world, as well as a network of academics and policymakers who support its mission.
One of the most exciting initiatives launched by Rethinking Economics is the CORE project. This is an open-access economics textbook that provides a comprehensive introduction to economic theory from a pluralistic perspective. The textbook has been downloaded over 1 million times since its launch in 2014, making it one of the most widely used economics textbooks in the world.
Rethinking Economics also hosts conferences and events around the world, bringing together students, academics, and policymakers to discuss new ideas and approaches to economics education. These events provide opportunities for networking and collaboration among people who share a passion for creating positive change through economic education.
In conclusion, Rethinking Economics is an organization that is revolutionizing the way we learn about economics. By promoting pluralism, critical thinking skills ,and applied research projects ,the organization is helping students develop a more nuanced understanding of how economies work – one that takes into account real-world issues like inequality and environmental sustainability .If you're interested in joining this movement towards better economic education ,visit their website today!