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Economics should schematically explain the key elements and main strands of this core part of social life: the actual workings of our economies. This book argues that orthodox, modern neoclassical economics does not fulfil this core task. Standard economics models do not address the real functioning of our market economies, but rather an imagined economy.
2022
Level: leicht
Economics and the Real World
Alternative Economic and Monetary Systems is an interdisciplinary summer university program focusing on innovative approaches for a social-ecological transformation.
2026
Level: leicht
Alternative Economic and Monetary Systems Summer University - AEMS
In this sharp intervention, authors Lucí Cavallero and Verónica Gago defiantly develop a feminist understanding of debt, showing its impact on women and members of the LGBTQ+ community and examining the relationship between debt and social reproduction.
2021
Level: leicht
A Feminist Reading of Debt
"Despite the rediscovery of the inequality topic by economists as well as other social scientists in recent times, relatively little is known about how economic inequality is mediated to the wider public of ordinary citizens and workers. That is precisely where this book steps in: It draws on a cross-national empirical study to examine how mainstream news media discuss, respond to, and engage with such important and politically sensitive issues and trends.
2020
Level: mittel
Economic Inequality and News Media
Is inflation just a number game or does it hold deeper societal implications? Join Isabella Weber (@UMass.Amherst) as she challenges traditional economic stances on inflation and delves into the social dimensions of pricing. Discover how context shapes our reactions to price hikes and why understanding this can be a game-changer.
2023
Level: leicht
Sellers Inflation
This is an important contribution that defends the importance of heterodox economics. It discusses what constitutes heterodox economics as an intellectual, social, and political project, with a range of contributions from leading heterodox thinkers coming from a diversity of theoretical vantage points.
2022
Level: leicht
Heterodox Economics
A review of: [1] Intermediate Microeconomics, H.R. Varian [2] Mikrooekonomie, R.S. Pindyck, D.L. Rubinfeld [3] Grundzuege der mikrooekonomischen Theorie, J. Schumann, U. Meyer, W. Stroebele
2016
Level: leicht
The Dichotomy, Inconsistency, and Peculiar Outmodedness of the "Mainstream" Textbook
This text provides an easy to understand introduction to complexity economics for non-specialist audiences such as bachelor's students.
2023
Level: leicht
Think Complexity Economics is too Complicated? Then this is for you.
The article addresses the current debate on democratic economic planning and the question of how and by which instruments a post-capitalist planning system, embedded in a broader agenda of macroeconomic transformation, can be developed.
2025
Level: mittel
On Democratic Economic Planning and Macroeconomic Transformation
This article explores if power dynamics in the household can be changed, and if so, how. In this context the focus is laid on government childcare policy and its various channels of possible influence.
Level: leicht
How can childcare policy affect intra-household power dynamics?
This course provides future change makers in public and private sectors with a comprehensive overview on the structures and actors that shape markets.
2019
Level: leicht
The Governance of Markets in Challenging Times: From Classic Authors to New Approaches
In this essay the authors take a look at how welfare could be provided in a degrowth society.
2019
Level: leicht
Bidding farewell to growth: How to provide welfare in a degrowth society
Feminist economics focuses on the interdependencies of gender relations and the economy. Care work and the partly non-market mediated reproduction sphere are particularly emphasised by feminist economics.
Feminist Economics
In this overview paper, Laura Porak reviews the history of industrial policy in the European Union before the background of a Cultural Political Economy approach.
2023
Level: leicht
History of Industrial Policy in the EU
Der Fokus der Institutionenökonomik liegt auf der Rolle von sozialen Institutionen, wie Verträgen, Gesetzen oder auch Verhaltensweisen, in der Produktion, der Verteilung und dem Konsum sowie auf den aus ihnen resultierenden sozialen Beziehungen.
Institutionenökonomik
The objective of the course is to explore the main strengths and weaknesses of orthodox and heterodox paradigms within development economics.
2019
Level: leicht
Issues in Development Economics
By conducting a discourse analysis (SKAD) in the field of academic economics textbooks, this paper aims at reconstructing frames and identity options offered to undergraduate students relating to the questions ‘Why study economics?’ and ‘Who do I become by studying economics?’. The analysis showed three major frames and respective identity offerings, all of which are contextualized theoretically, with prominent reference to the Foucauldian reflection of the science of Political Economy. Surprisingly, none of them encourages the student to think critically, as could have been expected in a pedagogical context. Taken together, economics textbooks appear as a “total structure of actions brought to bear upon possible action” (Foucault), therefore, as a genuine example of Foucauldian power structures.
2019
Level: leicht
The power of economic textbooks: A discourse analysis
Austrian economics focuses on the economic coordination of individuals in a market economy. Austrian economics emphasises individualism, subjectivism, laissez-faire politics, uncertainty and the role of the entrepreneur, amongst others.
Austrian Economics
Complexity economics focuses on interactions and interdependencies between individuals and structures in economic systems. Those are systems of organised complexity. High importance is given to the analysis of networks.
Complexity Economics
The core idea of ecological economics is that human economic activity is bound by absolute limits. Interactions between the economy, society and the environment are analysed, while always keeping in mind the goal of a transition towards sustainability.
Ecological Economics
Why has heterodox economics not been more successful in making inroads into the mainstream? And why has “pluralist economics,” the most prominent alternative paradigm to mainstream economics, not been more successful in changing the curriculum?
2025
Level: mittel
The Project of Pluralism
Neoclassical economics focuses on the allocation of scarce resources. Economic analysis is mainly concerned with determining the efficient allocation of resources in order to increase welfare.
Neoclassical Economics
Die Sozialökonomik ist 1. die historische Fachbezeichnung einer integrierten Sozial- und Wirtschaftswissenschaft (vgl. Einzelwissenschaft, Disziplin) und 2. ein kontextabhängiger Ausdruck für komplexe Zusammenhänge von Gesellschaft und Wirtschaft (vgl. Sozialökonomie bzw. Sozioökonomie).
2021
Level: leicht
Sozialökonomik - Geschichte und Gegenwart eines Wissenschaftskonzepts
Extractivism is a development model based on exploiting and exporting raw materials. It is fundamental to reproducing entire societies, mainly in the Global South, while generating manifold dilemmas. This text situates extractivism within the broader landscape of global economic asymmetries, emphasizing the role of rents—excess revenues generated from resource extraction due to international price differentials—as a central analytical lens.
2025
Level: leicht
The Political Economy of Extractivism
This introductory text explores the political economy of water by defining the subject and examining its key issues.
2025
Level: leicht
The political economy of water
The global economic and political order is undergoing rapid and profound transformation. We are witnessing a far-reaching "organic" crisis of the global economic world order, which may have started with the financial crisis of 2007/2008 but now enters a new, much more dynamic phase.
2025
Level: mittel
Towards a New Economics of Collapse and Construction
Exploring Economics, an open-access e-learning platform, giving you the opportunity to discover & study a variety of economic theories, topics, and methods.
2021
Level: leicht
The Political Economy of Inequalities
The concept of financialisation has undergone a similar career as ‘globalisation’, ‘neoliberalism’ or even ‘capitalism’, in the course of which it changed from the explanandum to the explanans; the process of financialisation is taken for granted, while the concrete historical and empirical causal conditions of its realisation and perpetuation are being moved into the background.
2023
Level: schwer
A holistic theory of financialisation
In this essay the author outlines the basis for embracing a post-work agenda, rooted in an emancipatory potential from the domination of waged work, which could help answer both feminist and ecological concerns with work.
2018
Level: leicht
Towards a post-work future: a necessary agenda to reconcile feminist & ecological concerns with work
This essay draws on several analyses on the gender impact of the recession and of austerity policies, in which authors acknowledge a threat to women’s labour market integration and a potential backlash to traditional gender labour structures. We contribute to that literature by asking whether recession and austerity convey a gender effect on educational attainment. Our aim in this essay is to portray the likely effects of austerity measures on gender equality with a focus on women’s participation in tertiary education and to hypothesize the implications of these scenarios for labour market effects, to be tested in future empirical research.
2017
Level: leicht
The impact of Austerity on Gender in Tertiary Education: A Theoretical Analysis
Due to the IMF’s focus on gender budgeting, this essay will mainly examine its gender budgeting recommendations as an example of its general inclination towards gender issues and its conception of gender equality. What does the IMF’s focus on gender equality really mean from a critical feminist perspective? What are its main objectives? What does it seek to change and to maintain? What concept or idea of women does it follow and what are the underlying theoretical foundations?
2017
Level: leicht
The Gender strategy of the IMF: The way to go towards gender equality or a mere instrumentalisation of feminism?
The novel coronavirus (Covid-19) is rapidly spreading around the world. The real economy is simultaneously hit by a supply shock and a demand shock by the spread of coronavirus. Such a twin shock is a rare phenomenon in recent economic history.
2020
Level: leicht
How to Manage the Economic Fallout of the Coronavirus

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