Joseph Schumpeter podcast
This is from Economics in Ten podcast, season three, episode three. Schumpeter gave us ‘creative destruction’: the idea that capitalism advances through waves of innovation that destroy old industries while creating new ones, and that this process of disruption is the engine of long-run growth. He was also an early theorist of entrepreneurship and the role of the innovator. The creative destruction concept is increasingly useful in teaching on dynamic efficiency, competition
Alfred Marshall podcast
This is from Economics in Ten podcast, season three, episode two. Marshall is sometimes called the father of modern economics, and this episode makes a convincing case for the title. He drew the supply and demand diagram as students know it today (the Marshallian cross), developed the concept of price elasticity, and turned economics into a rigorous academic discipline with its own mathematical framework. His Principles of Economics was the dominant textbook for decades and s
Read this before you teach...Introduction to Economics (Updated version!)
I always think there is a lot riding on the first few weeks: getting to know them, helping them transition from GCSE, setting routines and expectations, identifying students who might be on the wrong course, all whilst simultaneously trying to inspire a love of economics and also get on with the course because there's a crazy amount to teach... it's a tall order. I've pulled together the best A-Level Economics resources I can find for those first few weeks of term. I've also