LiveEcon is a new interactive learning package for economics undergraduates. The first two titles are already available: Macroeconomics Principles and Macroeconomics Intermediate covering the standard first and second year syllabus respectively. The second two titles will be the corresponding Microeconomics Principles and Microeconomics Intermediate which are scheduled for completion by summer 2007.
LiveEcon's major strength lies in the totally interactive "U-Drive-It!" section which allows students through the use of scroll bars to change all the economic assumptions (interest rate investment government spending etc) in a model and see the effects immediately on the dynamic graphs and tables on the screen. Students can also watch moving tutorials accompanied by explanatory text covering all the main economic topics and then test their understanding with the quizzes which accompany each chapter. The authors of the two Macroeconomics volumes are Chris Taylor former Head of Economics and Chief Adviser at the Bank of England Dr Jochen Runde Reader in Economics at the Judge Business School University of Cambridge and Dr W. David McCausland Senior Lecturer in Economics at the University of Aberdeen.
