We describe the use of a serious game in intermediate macroeconomics: Mankiw’s Presidential Game. Students in the classroom are assigned different roles as monetary and fiscal policy makers, while the online game is used to estimate the impact of their decisions. After the game, the instructor...

After discussing the general characteristics that the successor to IS-LM should possess, this essay argues that the business cycle research program initiated by Kydland and Prescott (1992) is beginning to show a promising capacity at incorporating a broad range of modeling features into a...