Thursday, April 28, 2011

Pg. 388-390

In 1996, Romer encountered a new problem in behavioral economics. Romer struggled to get his M.B.A. students at Stanford to keep up with the material in his macroeconomics classes. He made this discovery by "cold-calling" in class, and decided that his students were in need of a coach, or a person who knew "wanted them to succeed" and knew various shortcuts of the game. School is a lot like a sport in that the student gets as much out of their education as they put into it. Romer was able to improve class grades and participation by assigning more homework, before class, that would be graded via a server online, and by giving more quizzes. He also used current invents in the classes problem sets. Afterwards, students were more confident, better prepared , and learning more while other business professors soon began requesting to use his teaching tools.

1 comment:

  1. B for Kim: they aren't current invents.

    Would you believe Romer also invented that bane of Tufte's students: Aplia?

    P.S. I didn't initially use Aplia. I got into it by visiting a cousin I hadn't seen in almost 30 years while in Denver in 2004. I also met her now adult daughter, who was a preschooler when I'd last seen her. She did freelance public relations work because she had small kids at home. And her big client was ... Paul Romer.

    ReplyDelete

Note: Only a member of this blog may post a comment.