Teaching macroeconomics through flowcharts

Research output: Contribution to journalArticlepeer-review


Flowcharts are an invaluable tool for explaining complex mechanisms. They are used in Biology, Chemistry and many other disciplines as a teaching tool, as well as in research. However, flowcharts are hardly used in economics. This paper suggests that flowcharts could supplement graphs and algebra in the teaching of economics, especially in undergraduate courses. In order to demonstrate their effectiveness the paper presents a series of flowcharts that describe the IS-LM/AD-AS model. These flowcharts could be used in various undergraduate courses in macroeconomics, as a supplement to the standard IS-LM and AD-AS graphs.

Original languageEnglish
Pages (from-to)86-93
Number of pages8
JournalInternational Review of Economics Education
StatePublished - Sep 2013
Externally publishedYes


  • Economics education
  • Flowchart
  • Macroeconomics
  • Teaching of economics

ASJC Scopus subject areas

  • Education


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