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A manifesto for teaching economics

Teaching economics as inquiry, not instruction.

HOME

RESEARCH-DRIVEN

REAL-WORLD

PLURAL

DECOLONISED

ENTERPRISING

Economics education is never neutral. It frames what counts as a problem, whose voices matter, and which forms of reasoning are valued. Our approach treats teaching as an intellectual responsibility. Economics should be taught through research, real-world complexity, plural traditions, and critical engagement with power, enterprise, and innovation.

AI-AWARE

'Good economics teaching does not simplify the world for students. It gives them the tools to engage with its complexity'

A manifesto for teaching economics

Teaching economics as inquiry, not instruction.

ReplicationSources

HOME

Why research-led teaching isn’t enough

RESEARCH-DRIVEN

REAL-WORLD

PLURAL

Research-led teaching shows students research. Research-driven learning uses research to shape how teaching is designed. Guided by pedagogical content knowledge, students learn economics by working with questions, evidence and uncertainty — not by memorising results.

DECOLONISED

ENTERPRISING

AI-AWARE

'Good economics teaching does not simplify the world for students. It gives them the tools to engage with its complexity'

+ Info

A manifesto for teaching economics

Teaching economics as inquiry, not instruction.

Example Resource

HOME

RESEARCH-DRIVEN

REAL-WORLD

PLURAL

Designing Interventions

Interpreting Evidence

Explaining Outcomes

Understanding Decisions

DECOLONISED

Teaching real-world economics helps students explain why observed behaviour often diverges from theoretical predictions.

Real-world economics equips students to evaluate and design policies that work with behaviour rather than against it.

Students learn why markets, firms, and policies often produce unexpected or uneven results.

Students learn to analyse economic choices as they are made in practice, not as they are assumed in models.

ENTERPRISING

AI-AWARE

'Good economics teaching does not simplify the world for students. It gives them the tools to engage with its complexity'

+ Info

+ Info

+ Info

+ Info

A manifesto for teaching economics

Teaching economics as inquiry, not instruction.

Resources

HOME

RESEARCH-DRIVEN

REAL-WORLD

PLURAL

Pluralism as Judgement, Not Dogma

DECOLONISED

Economic research shows that economic phenomena behaves differently across contexts, methods, and assumptions. Pluralist teaching reflects this reality by treating economics as a comparative, applied discipline in which understanding emerges through testing and judgement rather than transmission of a single framework.

ENTERPRISING

AI-AWARE

'Good economics teaching does not simplify the world for students. It gives them the tools to engage with its complexity'

+ Info

A manifesto for teaching economics

Teaching economics as inquiry, not instruction.

Example Module Reading

HOME

RESEARCH-DRIVEN

REAL-WORLD

PLURAL

Reframing Solutions

Interpreting Knowledge

Explaining Inequality

Questioning Assumptions

DECOLONISED

Decolonised economics equips students to evaluate policies that recognise context, voice and lived experience rather than imposing one-size-fits-all solutions.

Decolonised economics helps students ask whose knowledge is represented, and whose is excluded, in economic evidence and explanation.

Students learn to explain economic outcomes through histories of colonialism, extraction, and global power, not just market forces.

Students learn that many economic models are built on historical and cultural assumptions that are rarely made explicit or examined.

ENTERPRISING

AI-AWARE

'Good economics teaching does not simplify the world for students. It gives them the tools to engage with its complexity'

+ Info

+ Info

+ Info

+ Info

A manifesto for teaching economics

Teaching economics as inquiry, not instruction.

HOME

Economics cannot be learned only in classrooms

RESEARCH-DRIVEN

REAL-WORLD

Internships and placements expose students to the conditions under which economic decisions are actually made: time pressure, imperfect information, institutional constraints and real consequences. Without these experiences, economics risks being learned as abstraction rather than practice.

PLURAL

DECOLONISED

ENTERPRISING

AI-AWARE

INTERNSHIP Case STUDIES

'Good economics teaching does not simplify the world for students. It gives them the tools to engage with its complexity'

PLACEMENT Case STUDIES

A manifesto for teaching economics

Teaching economics as inquiry, not instruction.

Student Training Resource

HOME

RESEARCH-DRIVEN

REAL-WORLD

PLURAL

Governing AI Use

Questioning AI Decisions

Auditing AI Power

Interpreting AIOUTPUT

DECOLONISED

Teaching real-world economics helps students explain why observed behaviour often diverges from theoretical predictions.

Students learn where automation should stop, and where economic responsibility must remain human.

Students learn to evaluate AI systems as economic institutions that distribute risk, harm, and advantage.

Students learn to treat AI output as economic evidence that requires explanation, not authority.

ENTERPRISING

AI-AWARE

'Good economics teaching does not simplify the world for students. It gives them the tools to engage with its complexity'

+ Info

+ Info

+ Info

+ Info

GOVERNANCE

  • Decide where automation is acceptable
  • Identify where human responsibility must remain
  • Assess institutional oversight mechanisms
  • Evaluate long-term economic consequences

Limits of Rational Choice

  • Decisions made under uncertainty and pressure
  • Limited attention and information
  • Reliance on judgement and shortcuts
  • Predictable patterns of error

Historical Structures

  • Colonial legacies in development
  • Unequal global relations
  • Persistent structural disadvantage
  • Path dependence over time

Interpretation

  • Identify what the AI output actually represents
  • Distinguish pattern from explanation
  • Check how data choice shapes results
  • Decide what requires human judgement

Behavioural Policy Design

  • Policies fail despite correct incentives
  • Low take-up undermines effectiveness
  • Behavioural responses distort outcomes
  • Design determines success or failure

A single economic "truth" is taught as settled knowledge, discouraging questioning and independent judgement...

  • One framework presented as correct
  • Alternative explanations marginalised
  • Models accepted rather than tested
  • Learning rewards memory, not reasoning

Bad Economics

Pluralism treats economic knowledge as contested and evolving, encouraging students to develop judgement....

  • Multiple theories examined side by side
  • Assumptions and methods made explicit
  • Evidence used to test explanations
  • Learning values reasoning and critique

Good Economics

VS

Colonial Foundations

  • Eurocentric starting points
  • Assumptions treated as universal
  • Historical context erased
  • Power embedded in theory

Behaviour in the Data

  • Consistent departures from theoretical predictions
  • Context and framing change responses
  • Bias appears repeatedly, not randomly
  • Models misread observed behaviour

Behaviour in Systems

  • Interaction amplifies individual behaviour
  • Framing alters market dynamics
  • Institutions shape choices directly
  • Small design features have large effects

Knowledge and Power

  • Dominance of Western frameworks
  • Marginalised perspectives overlooked
  • Data shaped by institutions
  • Knowledge reflects power relations

Trade-offs

  • Identify the objective the AI is optimising
  • Expose which outcomes are prioritised
  • Identify who gains and who loses
  • Recognise which alternatives are excluded

Contextual Policy Design

  • Local knowledge matters
  • Policy is not neutral
  • Participation over imposition
  • Plural paths to development

Students replicate and reproduce economic results to understand how findings are constructed, where they are fragile, and how methods and assumptions shape conclusions.

Replication

Research is treated as a shared practice. Students and staff work together on economic questions, linking theory with empirical analysis.

Collaboration

Teaching is built around economic questions, evidence, and uncertainty. Students learn to frame problems and exercise judgement, rather than apply models by rote.

Inquiry

AUDIT

  • Test for bias and exclusion
  • Examine incentives behind system design
  • Assess risks and unintended effects
  • Evaluate need for regulation or restraint