The Past and Future of Econ 101: The John R. Commons Award Lecture

Abstract

The introductory economics course, often called Econ 101, is where most economists get their start and where many students receive their only exposure to the field. This essay discusses the course’s evolution. It first looks back at how economics was taught at Harvard University in the 19th century, based on a textbook by Professor Francis Bowen. It then looks ahead at how the introductory course may change as pedagogical tools improve, as society confronts new challenges, and as the field accumulates new knowledge. JEL Classification: A2