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Spring 2015

ISSN 0890-913X

Volume 30, Number 1

Categories: Spring 2015 | Economic Education

Using NPR's Planet Money Podcast in Principles of Macroeconomics

William J. Luther, Florida Atlantic Univeristy

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TheJournalofPrivateEnterprise30(1),2015,143–154UsingNPR’sPlanetMoneyPodcastinPrinciplesofMacroeconomicsWilliamJ.LutherKenyonCollege______________________________________________________AbstractUnfamiliarwithaggregateconceptslikegrossdomesticproductandinflation,manyintroductorystudentsstruggletounderstandthebigideasinmacroeconomics.Macroeconomiceducatorstypicallyrespondwithboringlecturesaimedatbringingstudentsuptospeed,orbyjumpingtotheinterestingtopicstheirstudentsarenotyetpreparedtoconsider.Inanefforttocombatthisproblem,IhaveincorporatedNPR’sPlanetMoneypodcastintomyPrinciplesofMacroeconomicscourse.Idescribethepodcastandprovidealistofepisodesothersmightfinduseful.Inmyexperience,studentsenjoylisteningtotheassignedepisodes.Theyreportthatthepodcastmadethemmoreinterestedintheprinciplescourse,helpedthemunderstandtherelevanceofmacroeconomics,andincreasedtheirunderstandingofmanymacroeconomicissues.Moststudentsalsofeelmorecomfortablediscussingmacroeconomicissueshavinglistenedtothepodcast.Andnearlyhalfofthosestudentssurveyedsaytheywillcontinuelisteningtothepodcastafterthecourseends.______________________________________________________JELCodes:A1,A22Keywords:macroeconomics,NationalPublicRadio,PlanetMoney,podcasts,teachingI.IntroductionBenStein’smonotonouslectureontheeffectsoftheHawley-SmootTariffActispainfultowatch,butitpointstoabigproblemmacroeconomicseducatorsface.IncontrasttoPrinciplesofMicroeconomics,wherestudentsencounterdecisionssimilartothosetheymakeeveryday,PrinciplesofMacroeconomicsrequiresconceptualizationofunfamiliaraggregateconstructslikegrossdomesticproductandinflation.Asaresult,manystudentsfinditdifficulttounderstandthebigideasinmacroeconomics.Sincestudentsdonotknowenoughaboutthecoreconceptstoconsiderinterestingquestionsfromtheoutset,manymacroeconomicseducatorslimitthemselvesattheprinciplesleveltoboringlecturesaimedatbringingstudentsuptospeed.Others,likeStein,droneon143

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Title	Using NPR's Planet Money Podcast in Principles of Macroeconomics
Authors/Creators:	William J. Luther, Florida Atlantic Univeristy
Year:	2015
Volume:	30
Number:	1
Pages:	143 - 154
Publisher:	The Association of Private Enterprise Education
ISSN:	0890-913X
Document Type:	Articles
Keywords:	macroeconomics, National Public Radio, Planet Money, podcasts, teaching

Citation:
Luther, William J. / 2015. "Using NPR's Planet Money Podcast in Principles of Macroeconomics." The Journal of Private Enterprise, 30(1): 143-154.