Economics students at City University in London will be among the first in the UK to use LiveEcon.
The agreement between City University's Department of Economics and The Enterprise Library, LiveEcon's creator, will see LiveEcon introduced in seminars and recommended to students as a core reading material. "Macroeconomics is one of the most difficult subjects for first years to get to grips with because of the various theories, models and equations," said Keith Pilbeam, Professor of International Economics and Finance at City. "We can teach them the algebra, but with LiveEcon they can actually see the impact of changing government spending or the tax rate in front of their eyes. This is a really exciting development and complements our existing teaching methods very well." Professor Pilbeam added that LiveEcon would give economics students a taste of the real world. "Today's students don't always get the chance to manipulate data using diagrams and LiveEcon will help them to understand and learn the subject faster and in greater depth," he said. "Much modern economics is delivered using technology so introducing them to new computer software will also increase their employability."
LiveEcon will also be used in the next academic year by The University of Cambridge, The University of Dundee, The University of Hull, The University of Belgrade, The University of Rajasthan with many more coming on board soon. |
