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The Concept of Rationality in Introductory Economics Textbooks

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    Abstract

    The paper reviews major Economics textbooks used in the UK from the point of view of their use of rationality as a teaching tool. The textbooks vary widely in their explicit analysis of rationality from finding it important to totally ignoring it. When textbooks do use the concept as part of their analysis, the definitions vary considerably. In fact, there are some implicit uses of rationality in all textbooks although these are not always acknowledged. This complexity is reflected in the history of economic thought and modern economic analysis. The future use of rationality as a teaching tool is discussed in the context of current research in economics.

    Original languageEnglish
    Pages (from-to)37-47
    Number of pages11
    JournalCitizenship, Social and Economics Education
    Volume20
    Issue number1
    Early online date12 Feb 2021
    DOIs
    Publication statusPublished - 2021

    UN SDGs

    This output contributes to the following UN Sustainable Development Goals (SDGs)

    1. SDG 4 - Quality Education
      SDG 4 Quality Education

    Keywords

    • introductory economics textbooks
    • rationality
    • teaching in economics

    ASJC Scopus subject areas

    • Education
    • Sociology and Political Science
    • Economics, Econometrics and Finance(all)

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