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LATEST VIDEO
This episode is the most heated of the series! While Nobel laureates Josh Angrist and Guido Imbens agree on most topics, they sharply diverge on the potential of machine learning to impact economics. Host Isaiah Andrews steps in to referee the dispute.
(No economists were harmed in the filming of this episode.)
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This wide-ranging episode features three of the top minds in econometrics today: Josh Angrist, Guido Imbens, and Isaiah Andrews. Their discussion spans the impact of big tech on economics to a plea for shorter papers (from the editor of Econometrica!).
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Josh Angrist and Guido Imbens discuss the initial reaction to the LATE theorem and how they dealt with harsh criticism.
NEW SERIES: NOBEL CONVERSATIONS
What are the ingredients for a productive research collaboration? Nobel laureates Joshua Angrist and Guido Imbens provide insight on how to find a compatible co-author and reflect on their time at Harvard together. John Bates Clark winner Isaiah Andrews hosts.
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International trade increases total surplus, but not everyone wins. This interactive helps students identify net gains and distributional changes in surplus when a country moves from domestic to international trade.
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Begin with identifying consumer surplus, producer surplus, and total surplus in a domestic market. Then move onto identifying how consumer and producer surplus changes with international trade.
LATEST CURRICULUM:
Do you teach high school economics? This free six-day unit covers specialization, comparative advantage, gains from trade, tariffs, and more! It's chock full of engaging videos, hands-on activities, and interactive practice to keep students engaged and learning.
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We were thrilled and honored to help Josh Angrist produce his Nobel Prize lecture on "Empirical Strategies in Economics: Illuminating the Path from Cause to Effect". Congrats to Josh on the big award!
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'Tis the season for learning! Have your students test their knowledge on whether holiday-themed scenarios cause a shift in the demand curve or a shift in the supply curve.
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'Tis the season for learning! If you sell your ugly Xmas sweater, is it counted towards GDP?
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Our most difficult supply and demand interactive yet! Students have to determine if the supply curve, the demand curve, or both have shifted. Then they have to identify whether quantity and price has gone up, down, or is indeterminate.
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Want to learn econometrics from a Nobel Prize winner? Check out his Mastering Econometrics course.
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Looking for assessment questions on supply, demand, and equilibrium? Check out these free questions (multiple choice, T/F, and essay prompts).
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MIT's Josh Angrist introduces differences-in-differences with one of the worst economic events in history: the Great Depression.
What happened during a banking panic when one half of Mississippi had tight money while the other half had easy money?
Are you a professor or high school educator teaching micro, macro, or intro to econ this fall semester?
Check out EconInbox, our weekly email chock full of news articles, videos, and more. We pair them with classroom activities and send them in sync with your syllabus.
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MIT's Josh Angrist introduces one of econometrics most powerful tools: instrumental variables.
Instrumental variables (IV, for those in the know), allow masters of econometrics to draw convincing causal conclusions when a treatment of interest is incompletely or imperfectly randomized.
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Teach high school econ? This four-day unit builds mastery of how GDP is calculated and why it's a vital measure of economic health. It's chock full of engaging videos and interactive exercises to keep students engaged and learning.
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Is a Netflix subscription counted towards GDP? Have your students practice with real-world examples and rapid feedback to build mastery.
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In this video, MIT professor Josh Angrist describes the opportunities awaiting empirically-minded economics majors, including new careers in high tech firms such as Amazon and Uber.
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Have your students test their knowledge on whether an event causes a shift in the demand curve or a shift in the supply curve. Perfect to use when you’re teaching equilibrium or just having your students review old concepts.
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Have your students test their knowledge of the difference between a change in supply and a change in quantity supplied. Perfect to use when you’re teaching supply or just having your students review old concepts.
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Teach high school econ? Learn more about our new five-day unit that will engage students with a variety of videos, games, and interactive exercises.
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This quick video is perfect for confused students seeking a simple and clear explanation.
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Meet Claudia Goldin, part economic historian and part labor economist (and full-time dog lover). She has been a true pioneer in the study of women's role in the U.S. economy, but her contributions to economics extend far beyond this research. Learn about her inspiring life and discoveries from her former students, current colleagues, and of course, from Claudia Goldin herself.
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Confused by economics papers? Josh Angrist's new video provides a step-by-step guide to understanding the tables seen in randomized trials research. It’s the first in a series of videos that demystifies the tables, charts, and graphs in academic research.
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Christina Romer chaired the Council of Economic Advisors during the Great Recession. Former Fed Chair Janet Yellen and an all-star lineup of professors from Berkeley, MIT, and Harvard explain how Romer's expertise on the Great Depression helped guide our policy response during a crisis.
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How can understanding externalities and incentives help us better respond to COVID-19?
Spice up your virtual class with econ-themed Zoom backgrounds! Whether you want to highlight important historical events or just have a little fun, we've got something for you.
“What if I don’t teach econ?” No worries, they’re available for all econ nerds!
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What does an economist know about wine? Princeton’s Orley Ashenfelter explains how he used economic principles and regression analysis to predict wine quality (and score great deals!).
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This high school lesson introduces the Law of Demand using a fun, real-world bellringer and then follows that with a video and interactive assignment to teach the relationship between price, quantity demanded, and substitutes. Delivered via Google Docs.
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In this latest Economists in the Wild episode, coauthors Amy Finkelstein, Abigail Ostriker, and Tamar Oostrom share their research on who responds to mammogram recommendations at age 40.
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In this latest Economists in the Wild episode, Harvard’s Gabriel Chodorow-Reich shares his research on the economic fallout of demonetization in India.
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In this latest Mastering Econometrics Q&A, MIT’s Josh Angrist explains the difference between econometrics and data science.
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Everyone knows that pollution is bad. But new economics research now shows it’s even worse than we thought—pollution is making us sick and stupid!
Professor Alex Tabarrok overviews recent research that examines how pollution negatively affects employment, IQ, productivity, and health.
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MIT’s Josh Angrist introduces us to our most powerful weapon: randomized trials!
Randomized trials are key to the race for COVID vaccines, so it’s a good time to learn how our most powerful ’metrics tool works and why it’s so important.
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During a pandemic, we need new treatments — and fast. Economists often say, “incentives matter”, and that’s true, even in a pandemic.
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In this video, former Fed Chair Ben Bernanke and UC Berkeley's Christina Romer present Janet Yellen's life and her contributions to policy and academia. Yellen is best known for being the first woman to head the Federal Reserve in its over 100 year history, but she is also a renowned economist, making significant contributions to several different economic fields.
