Early College Experience – Economics: Workshop 2021

On Wednesday, October 27, 2021, Dr. Smirnova conducted annual professional development workshop for teachers participating in UCONN Early College Experience (ECE) Economics program. Dr. Smirnova, who is the Economics Department coordinator of this program, welcomed 34 teachers and presented the summary of NACEP (National Alliance of Concurrent Enrollment Partnerships) accreditation requirements. Dr. Smirnova emphasized the importance of course comparability such as student learning outcomes, syllabus, assessment, and grading standards. Dr. Smirnova proudly mentioned that University of Connecticut was the first institution in the nation that received NACEP accreditation in 1999.

Next on the agenda was an important topic of Highlighting Diversity and Inclusion with FRED® Data. This segment was presented by Dr. Diego Mendez-Carbajo, Senior Economic Education Specialist at the Federal Reserve Bank of St. Louis. Participants learned how to leverage FRED Blogs in their classes by accessing FRED Blog posts through EconLowDown and using multiple-choice questions addressing data literacy, numeracy, and econ analysis. Several examples highlighting the topics of diversity and inclusion were discussed, such as labor force participation of workers with disability and women’s employment losses due to COVID-19, among others. Dr. Mendez-Carbajo suggested possible uses of FRED Blogs such as pre-lecture independent exploration, in-class application exercises, assessment, and out-of-class assignments.

Contemporary monetary policy changes were addressed by Dr. Scott A. Wolla, Economic Education Coordinator at the Federal Reserve Bank of St. Louis. His presentation called “Monetary Policy Has Changed. Has Your Instruction?” highlighted new information about changes of primary monetary policy tools, flexible inflation targeting, and nuanced changes in the wording of the Fed’s dual mandate. Dr. Wolla carefully explained the contemporary implementation of monetary policy and shared classroom resources, which address these changes ahead of changes inside economics textbooks.

UCONN Library is a great resource for getting access to databases, reading materials, videos, and teaching our students about legitimate sources, citation styles, and research skills in general. In her presentation “UConn Library Resources for You and Your ECE Students”, Shelia A. Lafferty, Information Literacy & Social Sciences Librarian, showed various research tools as well as familiarized participants with the notion that there are “not only books” that are available at UCONN Library. She guided teachers to video recordings, data sources, academic journals, popular journals, and many other things that are part of the library collection. Ms. Lafferty created a special ECE Library Guide, which summarizes her presentation and can be accessed any time.

In conclusion, Dr. Smirnova encouraged teachers to continue perfecting their craft of teaching economics in an engaging way. To aid with that endeavor, every workshop participant will receive a complimentary electronic copy of the book “Make it Stick: The Science of Successful Learning” by Brown, Roediger III, and McDaniel (2014).

Thank you, Early College Experience Office, for making this professional development workshop a success!