Tyler Cowan and Alex Tabarrok, economic professors from George Mason University, launched MRUniversity to offer education that is better, cheaper and easier to access. Courses offered consist of multiple, short videos that allow you to watch between tasks. Have 6 minutes to spare on the bus/train/subway? You could watch a video and still have 30 seconds to spare!
In a neat and unusual twist, some of the content is crowd-sourced! Students are encouraged to vote for the next lot of content or to suggest new material. Instructors are encouraged to create a flipped economics classroom – using class time to drive discussions, explanations and interactions while the videos are watched at home as “homework”. Best of all – the courses are free!
This month we will focus on two courses offered by MRUniversity.
“Why are some countries rich and others poor? This fundamental question has been on the mind of economists since Adam Smith wrote “The Wealth of Nations” in 1776. This is a full course that covers all the major issues and developments in the field of development economics. Unlike typical college courses, we will take you to the frontier of the discipline, covering recent research as well as more established material.”
“This course covers the history of economic thought up until the “Marginal Revolution” in the 1870s and features a video for each chapter of Adam Smith’s “The Wealth of Nations.” The videos will answer important questions such as: Who were the first economic thinkers? What are the very origins of economic thought? What did earlier economists understand but has been lost to the modern world? Why is Adam Smith the greatest economist of all time? How did the economic issues of the 18th and 19th centuries shape the thoughts of the classical economists?”
There you have it – two economics courses that will keep you awake and interested this month. Which will you sign up for? Don’t forget to update your Learners Profile!