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The Microeconomics of Complex Economies uses game theory, modeling approaches, formal techniques, and computer simulations to teach useful, accessible approaches to real modern economies.
2018
Level: advanced
The Microeconomics of Complex Economies
The age of the contemplative economist-scholar—at home equally in classical languages, economic history, the history of ideas, and mathematical theory—has passed. The history of economics as a subdiscipline has lost touch with the mainstream study of economics. InThe Future of the History of Economics, internationally known scholars from ten countries provide a comparative assessment of the subdiscipline.
2002
Level: advanced
The Future of the History of Economics
In this 5 weeks online course, the Global Change Institute from the University of Queensland explains different types of climate change policies, the economic theory at their basis and the possible output. Starting from the fundamentals of carbon and climate change policies, and how they have been applied worldwide, the course aims to teach fundamental skills to move towards a low carbon economy.
2018
Level: advanced
MOOC: Essential tools for the low carbon economy
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: beginner
The Dichotomy, Inconsistency, and Peculiar Outmodedness of the "Mainstream" Textbook
This talk was given at a local TEDx event, produced independently of the TED Conferences. Economic theory is centuries out of date and that's a disaster for ...
2014
Level: beginner
Why it's time for 'Doughnut Economics'
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: unemployment inflation government debt and Modern Monetary Theory banks and financial crises. 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.
2021
Level: advanced
European Macroeconomics
The module is designed to first present some of the main schools of thought from a historical and methodological perspective. Each week we explore and critically assess the main tenants of each school of thought. In the second part of the module we link history of economic thought and methodology to a specific and contemporary economic question. The second part allows you to engage with current economic issues with an awareness of methodology and methodological differences and with some knowledge of the history of economics.
2019
Level: beginner
History of Economic Thought
A historical glimpse of how economists of the 19th century debated the usefulness of mathematics to economics
2020
Level: beginner
Mathematical Economics in the 19th Century
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: beginner
The power of economic textbooks: A discourse analysis
This chapter by the Centre of Economy Studies provides a map through the complex jungle of economic theories. It provides key insights and ideas for thirteen core topics in economics, organised by selecting the most relevant theoretical approaches per topic and contrasting them with each other.
2021
Level: beginner
Pragmatic Pluralism
In parallel to rising inflation numbers, the concept of profit inflation has clearly risen to prominence in recent years. But what is it exactly? This dossier aims not only to collect the most important publications on profit inflation but also intends to map out the development of the discourse and the different positions within the debate.
2024
Level: advanced
Profit Inflation: Mapping the debate
The Centre for Economy Studies works on improving and modernising economics education to ensure that students will be better prepared for their future careers and the societal challenges we face today and in the coming decades. The Essential Lectures are teaching packs designed for 90-minute sessions that can be added to existing courses.
2022
Level: beginner
Economy Studies Essential Lectures
This introductory text explores the political economy of water by defining the subject and examining its key issues.
2025
Level: beginner
The political economy of water
This chapter by the Centre for Economy Studies explores how courses on the history of economic thought and methods could look if they were pluralist and interdisciplinary.
2021
Level: beginner
Rethinking the History of Economic Thought & Methods
The chapter by the Centre for Economy Studies introduces interdisciplinary economic subdisciplines and their importance for economics education.
2021
Level: beginner
Interdisciplinary Economics
In this text, Fred Heussner takes up the debate on anti-fascist economics, places it in the context of existing developments and identifies potential for further development.
2024
Level: beginner
Anti-fascist economics? For sure! But what does that mean?
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
‘We cannot afford their peace & We cannot bear their wars’: ​​​​​​​Value, Exploitation, Profitability Crises & ‘Rectification’
2022
Level: beginner
Political Economy based on Marx
What made the false assumption that saving the economy at all cost during a pandemic so popular? This paper discusses different pathways through the COVID-19 pandemic at national and international level, and their consequences on the health of citizens and their economies.
2021
Level: beginner
How not to save the economy? The interplay of economics and health during the COVID-19 pandemic
This text provides an easy to understand introduction to complexity economics for non-specialist audiences such as bachelor's students.
2023
Level: beginner
Think Complexity Economics is too Complicated? Then this is for you.
Introduction Economics is by necessity a multi paradigmatic science Several theoretical structures exist side by side and each theory can never be more than a partial theory Rothschild 1999 Likening scientific work to the self coordinating invisible hand of the market Michael Polanyi cautioned strongly against centralized attempts to steer …
2021
Level: beginner
Making Many Maps: Why We Need an Interested Pluralism in Economics and How to Get There
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 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: advanced
On Democratic Economic Planning and Macroeconomic Transformation
In the history of the social sciences, few individuals have exerted as much influence as has Jeremy Bentham. His attempt to become “the Newton of morals” has left a marked impression upon the methodology and form of analysis that social sciences like economics and political science have chosen as modus operandi.
2020
Level: advanced
Bentham’s Two Sovereign Masters - Examining Bentham’s Influence on the Social Sciences
If there’s one method economists have neglected the most, it’s qualitative research. Whereas economists favour mathematical models and statistics, qualitative research seeks to understand the world through intensive investigation of particular circumstances, which usually entails interviewing people directly about their experiences. While this may sound simple to quantitative types the style, purpose, context, and interpretation of an interview can vary widely. Because of this variety, I have written a longer post than usual on this topic rather than doing it a disservice. Having said that, examples of qualitative research in economics are sadly scant enough that it doesn’t warrant multiple posts. In this post I will introduce qualitative research in general with nods to several applications including the study of firm behaviour, race, Austrian economics, and health economics. More than usual I will utilise block quotes, which I feel is in the spirit of the topic.
2020
Level: beginner
Qualitative Methods in Economics: "You Can Observe a Lot Just by Watching"
This article explores the production function, the prevailing view of capital that underpins it, and the main alternative perspective. By exploring these perspectives, the authors aim to provide students with a foundational understanding of the controversies surrounding the treatment of capital in production, a topic expressly excluded from mainstream textbooks.
2024
Level: beginner
Why We Should Think Twice About Production Functions
MERCOSUR (Mercado Común del Sur or Common Southern Market) was the first formalized attempt to integrate South American countries economically and politically.
2018
Level: beginner
How can MERCOSUR move forward?
Marx Reloaded is a cultural documentary that examines the relevance of German socialist and philosopher Karl Marx s ideas for understanding the global economic and financial crisis of 2008 09 The crisis triggered the deepest global recession in 70 years and prompted the US government to spend more than 1 …
2011
Level: beginner
Marx Reloaded
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: beginner
Towards a post-work future: a necessary agenda to reconcile feminist & ecological concerns with work
The objective of the course is to explore the main strengths and weaknesses of orthodox and heterodox paradigms within development economics.
2019
Level: beginner
Issues in Development Economics
The Currency of Politics explains why only through greater awareness of the historical limits of monetary politics can we begin to articulate more democratic conceptions of money.
2022
Level: advanced
The Currency of Politics
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: beginner
The Governance of Markets in Challenging Times: From Classic Authors to New Approaches

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