It is not often that economics and comedy come together, but for professors looking to infuse their macroeconomics courses with comedic appeal, look no further than The Colbert Report. A recent article from The American Economist from author Gregory M. Randolph entitled “Laissez-Colbert: Teaching Introductory Macroeconomics with The Colbert Report” outlines how the Comedy Central show can be useful tool to engage students and teach lessons about macroeconomic principles, including GDP, supply and demand, and unemployment. The abstract for the paper:
The Colbert Report combines comedic entertainment and current events, two pedagogical sources that have the potential to increase student interest in classes and improve student learning. This article offers suggestions on the use of segments from The Colbert Report to teach introductory macroeconomics. Segments are included that relate to comparative advantage, supply and demand, externalities, GDP, unemployment, classical versus Keynesian theory and the Great Depression, fiscal policy and economic stimulus packages, monetary policy and the Federal Reserve, money, taxes, and foreign aid. Guidance is provided regarding the use of the clips in an introductory macroeconomics class.
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