Teaching the Principles of Economics: Reconciling the Canon of the American Economics Association to Catholic Social Thought

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Douglas Meador, Ph.D.

Abstract

The American Economics Association, through its Committee on Economic Education, has worked since 1950 to develop a set of standards for what is taught in introductory economics courses. The result is the Test for Understanding in College Economics. The TUCE has come to define a canon of expectations for students in college business schools. Some tenets of the canon set it at odds with Catholic social thought. This article attempts to place the AEA canon into a Catholic social thought framework and includes some concluding thoughts on pedagogy.

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Author Biography

Douglas Meador, Ph.D., University of Saint Francis

Douglas Meador is Associate Professor of Economics in the Keith School of Business at the University of Saint Francis.