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A systematic comparison of the three major economic theories, showing how they differ and why these differences matter in shaping economic theory and practice.

Contending Economic Theories offers a unique comparative treatment of the three main theories in economics as it is taught today: neoclassical, Keynesian, and Marxian. Each is developed and discussed in its own chapter, yet also differentiated from and compared to the other two theories.

2012
Level: advanced
Contending Economic Theories
The objective of this MOOC is to develop an understanding of the problems related to water management. Firstly, this course will define a resource and, more specifically, the resource of water. It will look at how water is used and the activities associated with it as well as any potential conflicts. The course will look at water management in detail through the analysis of the different types of rights and obligations associated with, for example, the development of a multi-sectorial regulation system or a watershed management approach.
Level: advanced
Water Resource Management and Policy
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
The premise of this workshop is that we, as knowledge producers - especially within westernized universities (Grosfoguel, 2013), are significantly implicated in neoliberal imaginaries that are often in service of hierarchical, binary, competitive and linear narratives of growth as civilizational progress.
2021
Level: beginner
Decolonizing Economics
The textbook 'Principles of Complexity Economics' by Michael Roos serves as an introduction to the rising field of complexity economics, providing a comprehensive and systematic overview of the concepts and methods of complexity economics and their applications to economic issues.
2024
Level: advanced
Principles of Complexity Economics
This book provides a far-reaching overview of the development of radical ecology and heterodox economics on the issues of sustainability.
2025
Level: beginner
Conceptualising an Alternative Political Economy of Sustainability
Ricardo Hausmann says the new industrial policy is an information revelation process about the state of possibilities, the nature of the obstacles and figuring out whether you can sort out the obstacles so that these new activities can take over.
2018
Level: beginner
Industrial Policy: Love it or Hate it?
This article investigates the set up of the CFA franc zones, its ties to French neocolonialism and its ability to further breed dependency in the former colonies.
2018
Level: beginner
The CFA Franc Zones: Neocolonialism and Dependency
After completing the module, participants should be able to have general overview on the theory of commons. They can differentiate between neoclassical, new institutional and social/critical commons theory and can use these theories to assess real life common-pool resource management and commoning pratices.
2021
Level: beginner
Future of Commons
This course is designed to provide students with an understanding of work-related gender issues and to enable students to analyze the issues using the tools of economics.
2015
Level: beginner
Women, Men, & Work
This course will fundamentally ask whether we can, or even should use the word ‘decolonising’ in our pursuit of a better economics?
2022
Level: beginner
Decolonising Economics?
‘We cannot afford their peace & We cannot bear their wars’: ​​​​​​​Value, Exploitation, Profitability Crises & ‘Rectification’
2022
Level: beginner
Political Economy based on Marx
The Covid-19 pandemic has laid bare the deep structural rifts in modern capitalist economies. It has exposed and exacerbated the long-lasting systemic inequalities in income, wealth, healthcare, housing, and other aspects of economic success across a variety of dimensions including class, gender, race, regions, and nations. This workshop explores the causes of economic inequality in contemporary capitalist economies and its consequences for the economy and society in the post-pandemic reality, as well as what steps can be taken to alleviate economic inequality in the future. Drawing from a variety of theoretical and interdisciplinary insights, the workshop encourages you to reflect on your personal experiences of inequality and aims to challenge the way in which the issue is typically approached in economics.
2022
Level: beginner
Inequality in the Post-pandemic Era
The main goal of this website is to make Economics less confusing. You can explore what the discipline of Economics is and could be. Learn about basic Economic terms and jargon.
2019
Level: beginner
ecnmy.org - What is the Economy?
In this short video Peter Reich illustrates seven aspects of the state of the US economy. He provides suggestions on how to to get started to move towards a more fair distribution of wealth.
2019
Level: beginner
Everything You Need to Know About the New Economy
This Blog Post describes the U.S. federal reserve money system from the perspective of the Modern Monetary Theory (MMT). Therefore it presents a theory of money creation, gives simple examples how this influences the economy and the historical process of why the monetary system of the US has developed this way.
2019
Level: beginner
An Introduction in the Federal Reserve Money system
In this video, Rajan Raghuram highlights ‘A hereditary Meritocracy’. He identifies the “limitations” with the current economic systems of democracy and markets.
2019
Level: beginner
A Hereditary Meritocracy
This syllabus provides an overview of the contents of the course "Understanding Economic Models" at the University of Helsinki.
2018
Level: beginner
Understanding Economic Models
Capitalism is dissolving boundaries - not only in the sense of ever-expanding global trade flows, but also in the concrete everyday working lives of individuals. What implications does this have for our understanding of freedom, work and borders?
Level: beginner
Capitalism & Boundaries
The Philosophy of Economics Foundational Text provides a systematic and well-structured overview over the field of philosophy of economics.
2023
Level: beginner
Philosophy of Economics
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: expert
A holistic theory of financialisation
Overview page for the collection of nobel laureateas on Exploring Economics
2020
Level: beginner
Nobel memorial prize in economic sciences - A critical overview
The plumbing of the financial system is coming under strain like never before. On this week’s podcast, we speak with two legendary experts on how the money system works: Zoltan Pozsar of Credit Suisse and Perry Mehrling of the Frederick S. Pardee School of Global Studies. They explain the extreme level of stress we’re seeing, what the Fed has done to alleviate, what more needs to be done, and what the post-crisis future may look like.
2020
Level: advanced
The Historic Crisis Of Financial Market Plumbing
This talk is an exploration of a feminist centred world, where women's labour, women's energy, women's contributions to the economy are not a side event but the main event.
2020
Level: beginner
Feminist economics is everything. The revolution is now!
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.
Mainstream inflation theories in economics do little to explain the recent acceleration in price increases. The associated economic policy recommendations further increase the misery of low-income groups.
2023
Level: beginner
The inflation conundrum
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: beginner
History of Industrial Policy in the EU
Understanding international trade is central to economics and is currently a hot political issue. It’s an area where popular perceptions of mainstream economics are low, since they have historically missed some important downsides of trade agreements, especially the hollowing out of former manufacturing hubs in the Western world. et economists have for long time had a theory of trade with an impressive amount of scientific clout behind it: the gravity trade model.
2020
Level: beginner
A Theory of Enormous Gravity
Economists like to base their theories on individual decision making. Individuals, the idea goes, have their own interests and preferences, and if we don’t include these in our theory we can’t be sure how people will react to changes in their economic circumstances and policy. While there may be social influences, in an important sense the buck stops with individuals. Understanding how individuals process information to come to decisions about their health, wealth and happiness is crucial. You can count me as someone who thinks that on the whole, this is quite a sensible view.
2020
Level: beginner
Decision by Sampling, or ‘Psychologists Reclaim Their Turf’
These notes aim to clarify some basic features and implications of gross capital flows In the context of the 2007 08 Global Financial Crisis and the 2010 12 Eurozone Crisis trade imbalances and capital flows received a lot of attention from academics policymakers and the media However there is still …
2020
Level: advanced
Gross capital flows and the balance-of-payments: a balance sheet perspective
In this lecture, Branko Milanovic gives an overview of the concept of inequality as conceptualized within the classical school of thought.
2020
Level: beginner
Income Inequality in Quesnay, Smith, Ricardo and Marx (Part 1: Quesnay, Smith)
This video explains what the term 'Feminist Economics' describes and goes into detail on how feminist economists use methodology differently, why they advocate for diversity in research and how to look into preconditions for the functioning of our economies. It, additionally, highlights the link between feminist economics and the study of climate change.
2020
Level: beginner
What is Feminist Economics & what does it have to do with studying the climate crisis?

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