Description
Book SynopsisThis book provides a comprehensive overview and analysis of how economics professors should and will be downsized in the near future. The downsizing will occur as distance learning and Massive Open Online Courses (MOOCs) become more widely used, leading to reductions in college tuition and improvements in economics education.
Trade ReviewPayson, by being willing to challenge the status quo, describes in a non-technical fashion a possible future in higher education where the quality of instruction in economics is higher and the cost of delivery is lower. Payson provides convincing responses to questions such as why so many economists continue to deliver lectures in person, how society is harmed when distance educational practices are not adopted, and why the economics profession should be smaller. This analysis, couched in economic logic and drawing from the author’s perspective and experience as a practicing economist, is a must-read for anyone involved or interested in how higher education can be of higher quality as well as more cost efficient. This text is critical for understanding why technology should be adopted for teaching economics and why we all will benefit from upending the status quo. -- Thomas Scheiding, University of Hawai'i
Table of ContentsAcknowledgments Preface Introduction Chapter 1: How Economics Professors Have Become Different with Changes in Technology Chapter 2: Distance Learning, Automation, and the Shoe on the Other Foot Chapter 3: Downsizing to Correct the Profession’s Failings Chapter 4: The Profession’s Propaganda against MOOCs Chapter 5: Analyzing the Topic Objectively, Without the Propaganda Chapter 6: Online Courses in Economics, Today and Tomorrow Chapter 7: The Government’s Responsibility in All This Chapter 8: Product and Labor Evolution Conclusion Bibliography
