A New Revolution in Economics Education

New trends are emerging in education of economics following rapid de-velopment in economic theories for static, dynamic and strategic analysis, increasing applications of general equilibrium modelling for evaluation of economic policies at national, regional and global level and overwhelm-ing advancement in econometric techniques developed to test those the-ories. A concise knowledge of these theories and techniques is essential for understanding micro and macro economic processes and to inuence policy making for achieving greater e ¢ ciency and satisfaction of mankind. How careful design of curriculum and thoughtful implementations could be instrumental in achieving higher standard of teaching and research is analysed using the practical experience over the years in the University of Hull. JEL Classi\u85cation: A22, A2