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Principles of Neoliberalism Informing the Teaching of Undergraduate Economics Curriculum

Published in Innovation (Volume 3, Issue 1)
Received: 6 January 2022    Accepted: 24 January 2022    Published: 9 March 2022
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Abstract

Neoliberal work has been absolutely brilliant and was created with people with a purpose that is the reason why it managed to have such a huge audience. Additionally neoliberalism is the powerful and dominant ideology shaping the world today, as we are living in an age of neoliberalism with its emphasis on transferable and flexible skills on curricula. Critics on the other hand, including feminist economists have mentioned that the theory negates social and environment responsibility, other researchers also argue that neoliberalism benefits advanced nations when they invest abroad. Thus, neoliberalism is taken to be a major obstacle to democracy in that it reduces social regulation and actively frustrates policy initiatives in several areas like, the expansion of literacy and education and health care programs, which require the role of the public sector. However, the goal of this research is to find out if neoliberalism is influencing the teaching of economics. The research employed a qualitative research method through the use of interviews. Interview data revealed that neoliberalism is not a problem; the problem is inequality which needs to be dealt with. It is recommended that more research is needed on how to generate economic growth without widening the gap between the rich and the poor not to fight against neoliberalism principles. The other suggestion is to identify a problem and bring a solution rather than concentrating on criticisms. Therefore, research should be geared towards addressing problems which are hindering economic growth.

Published in Innovation (Volume 3, Issue 1)
DOI 10.11648/j.innov.20220301.14
Page(s) 18-25
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2022. Published by Science Publishing Group

Keywords

Neoliberalism Principles, Economics, Undergraduate Curriculum

References
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Cite This Article
  • APA Style

    Beatrice Ngulube. (2022). Principles of Neoliberalism Informing the Teaching of Undergraduate Economics Curriculum. Innovation, 3(1), 18-25. https://doi.org/10.11648/j.innov.20220301.14

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    ACS Style

    Beatrice Ngulube. Principles of Neoliberalism Informing the Teaching of Undergraduate Economics Curriculum. Innovation. 2022, 3(1), 18-25. doi: 10.11648/j.innov.20220301.14

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    AMA Style

    Beatrice Ngulube. Principles of Neoliberalism Informing the Teaching of Undergraduate Economics Curriculum. Innovation. 2022;3(1):18-25. doi: 10.11648/j.innov.20220301.14

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  • @article{10.11648/j.innov.20220301.14,
      author = {Beatrice Ngulube},
      title = {Principles of Neoliberalism Informing the Teaching of Undergraduate Economics Curriculum},
      journal = {Innovation},
      volume = {3},
      number = {1},
      pages = {18-25},
      doi = {10.11648/j.innov.20220301.14},
      url = {https://doi.org/10.11648/j.innov.20220301.14},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.innov.20220301.14},
      abstract = {Neoliberal work has been absolutely brilliant and was created with people with a purpose that is the reason why it managed to have such a huge audience. Additionally neoliberalism is the powerful and dominant ideology shaping the world today, as we are living in an age of neoliberalism with its emphasis on transferable and flexible skills on curricula. Critics on the other hand, including feminist economists have mentioned that the theory negates social and environment responsibility, other researchers also argue that neoliberalism benefits advanced nations when they invest abroad. Thus, neoliberalism is taken to be a major obstacle to democracy in that it reduces social regulation and actively frustrates policy initiatives in several areas like, the expansion of literacy and education and health care programs, which require the role of the public sector. However, the goal of this research is to find out if neoliberalism is influencing the teaching of economics. The research employed a qualitative research method through the use of interviews. Interview data revealed that neoliberalism is not a problem; the problem is inequality which needs to be dealt with. It is recommended that more research is needed on how to generate economic growth without widening the gap between the rich and the poor not to fight against neoliberalism principles. The other suggestion is to identify a problem and bring a solution rather than concentrating on criticisms. Therefore, research should be geared towards addressing problems which are hindering economic growth.},
     year = {2022}
    }
    

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    AU  - Beatrice Ngulube
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    AB  - Neoliberal work has been absolutely brilliant and was created with people with a purpose that is the reason why it managed to have such a huge audience. Additionally neoliberalism is the powerful and dominant ideology shaping the world today, as we are living in an age of neoliberalism with its emphasis on transferable and flexible skills on curricula. Critics on the other hand, including feminist economists have mentioned that the theory negates social and environment responsibility, other researchers also argue that neoliberalism benefits advanced nations when they invest abroad. Thus, neoliberalism is taken to be a major obstacle to democracy in that it reduces social regulation and actively frustrates policy initiatives in several areas like, the expansion of literacy and education and health care programs, which require the role of the public sector. However, the goal of this research is to find out if neoliberalism is influencing the teaching of economics. The research employed a qualitative research method through the use of interviews. Interview data revealed that neoliberalism is not a problem; the problem is inequality which needs to be dealt with. It is recommended that more research is needed on how to generate economic growth without widening the gap between the rich and the poor not to fight against neoliberalism principles. The other suggestion is to identify a problem and bring a solution rather than concentrating on criticisms. Therefore, research should be geared towards addressing problems which are hindering economic growth.
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Author Information
  • Department of Mathematics Science and Business Education, Tshwane University of Technology, Pretoria, South Africa

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