NGPF Podcast: Mary Clare Peate and Roman Hardgrave of Marginal Revolution University on the science of learning
Mary Clare Peate and Roman Hardgrave join the NGPF podcast this week with Tim to discuss their economics curriculum, a cool tool called EconInbox and their favorite resources to stay current in the fast changing world of economics. Enjoy!
- 0:00~0:24 Introduction
- 0:24~7:27 Current Events with Missbehelpful: The Creator Economy
- 7:27~7:55 A word from NGPF
- 7:55~9:45 Introducing this week’s guests: Mary Clare and Roman from Marginal Revolution University
- 9:45~16:37 Early money lessons
- 16:37~18:52 MRU’s curriculum offerings
- 18:52~23:01 The latest science on learning
- 23:01~25:05 How EconInbox works
- 25:05~28:15 How MRU lessons are formatted
- 28:15~30:15 Creating interactive lessons
- 30:15~37:43 Incorporating personal finance topics
- 37:43~40:12 Staying as current as possible
- 40:12~41:06 Cost of MRU material -- it’s free!
- 41:06~41:55 A word for educators
- 41:55~43:00 Conclusion
- FinCap Friday: The Creator Economy
- Mind Over Money
- I Will Teach You To Be Rich
- Will Robots Take My Job
“There’s so many underlying principles of economics that are so easy to apply into the personal finance realm. Thinking on the margin, opportunity costs, cost-benefit analysis, trade-offs, all of these things are so important when you’re learning personal finance.” -Mary Clare
“Economics is in every decision you make, even if you don’t realize it. And so, we think that learning economics helps people make better decisions that help them be better citizens.” -Roman
About the Authors
Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.
Ren has been working part-time at NGPF since 2014, interning through high school and college. With his knowledge growing alongside NGPF, after graduating from college in 2020, he joined the team to work full time with a focus on teacher onboarding. He is also the editor of the NGPF podcast and makes sure it is accessible to teachers on iTunes, Stitcher, and Google Play Music. During his free time, he likes to try out coffees from different roasters across the world and try out new brewing methods, even though personal finance gurus tend to caution against buying a cup of joe.
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