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

 

 

This course will survey contemporary heterodox approaches to economic research, both from a microeconomic and a macroeconomic perspective. Topics will be treated from a general, critical, and mathematical standpoint.

2021

Level: advanced

Heterodox Approaches to Economics

Daniele Tavani

Colorado State University

Marxian Political Economy focuses on the exploitation of labour by capital. The economy is not conceived as consisting of neutral transactions for exchange and cooperation, but instead as having developed historically out of asymmetric distributions of power, ideology and social conflicts.

Marxian Political Economy

 

 

Usually, Critical Theory and Economics are, for better or worse, no longer seen to be in a continuum. This article by Lukas Meisner serves as an introduction to Critical Theory for all (heterodox) economists, who want to understand and explain what they can, otherwise, just state and describe.

2024

Level: beginner

Critical Theory for Heterodox Economists: Questioning the Premises of Supply and Demand

Lukas Meisner

Exploring Economics

Winner of the Nobel Prize in Economics

Get ready to change the way you think about economics.

Nobel laureate Richard H. Thaler has spent his career studying the radical notion that the central agents in the economy are humans--predictable, error-prone individuals. Misbehaving is his arresting, frequently hilarious account of the struggle to bring an academic discipline back down to earth--and change the way we think about economics, ourselves, and our world.

2016

Level: advanced

Misbehaving

Richard H. Thaler

W.W. Norton

More-is-better ideals such as these have long shaped our vision of rationality. Yet humans and other animals typically rely on simple heuristics to solve adaptive problems, focusing on one or a few important cues and ignoring the rest, and shortcutting computation rather than striving for as much as possible.

2012

Level: advanced

Ecological Rationality

Peter M. Todd, Gerd Gigerenzer, ABC Research Group

Oxford University Press, USA

Improving Decisions About Health Wealth and Happiness Now available Nudge The Final Edition The original edition of the multimillion copy New York Times bestseller by the winner of the Nobel Prize in Economics Richard H Thaler and Cass R Sunstein a revelatory look at how we make decisions for fans …

2009

Level: beginner

Nudge

Richard H. Thaler, Cass R. Sunstein

Penguin Publishing Group