Wednesday, 7 April 2010
Teaching Economics with GIFs
The GIF above is constructed from figures in “Culture and institutions: economic development in the regions of Europe,” a paper by Guido Tabellini, forthcoming in the Journal of the European Economic Association. One of the images shows the per capita income across regions of western Europe (higher the more blue-ish) whereas the other image shows a measure of cultural values (self reported measures of trust and respect; again, higher if more blue-ish). I use it in my class to illustrate the new theories that link economic outcomes with culture. But it also illustrates (I hope) that little visual tricks can be very effective in visualizing ideas.
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