Exploring Economics strengthens plural economics and alternative economic approaches.
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This is a new online course at bachelor level. It presents an introduction into macroeconomics with a specific focus on the euro area. The theoretical part provides a critical presentation of the two key macroeconomic models: the (neo)classical approach and the Keynesian approach. This allows a comparative analysis of important macroeconomic topics:
The policy-oriented part discusses the monetary policy of the ECB and the specific challenges for fiscal policy in the euro area. The course also presents other euro area specific topics: Optimum currency area, euro crises, Next Generation EU and Green New Deal.
This course is part of the Plural Certificate Project and is offered regularily by the German Network for Pluralist Economics as a course with ECTS.
The lecture is a new version of the content of this book by Peter Bofinger, presenting economic theories & empirics through their specific understanding of the economy.
A critical introduction for students of economics
A multiparadigmatic textbook, including neoclassical, Austrian and Keynesian economics
A focus on the roots of financial crises & the recent effects of digitization on the financial system
a) The (neo-)classical model
b) The Keynesian model
b) stabilization policies