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This lecture is based on the “Introducing the Economy” chapter from the Economy Studies book, which introduces the first building block in their framework for transforming the economics education. The aim is to give students a feel and
understanding of the economy as part of a bigger whole. Thus, it is aimed to introduce to students before getting into the economics curriculum with theory and models.
Green Growth has been increasingly discussed as a solution to the socio-ecological crisis. But can economic growth be sustainable at all?
In this teaching pack, we look at the acquisition of Twitter by Elon Musk. In particular, we focus on what it means to take a company private and how the deal was financed.
How can we get people to save more money eat healthy foods engage in healthy behaviors and make better choices in general There has been a lot written about the fact that human beings do not process information and make decisions in an optimal fashion This course builds on much …
This statistics and data analysis course will introduce you to the essential notions of probability and statistics We will cover techniques in modern data analysis estimation regression and econometrics prediction experimental design randomized control trials and A B testing machine learning and data visualization We will illustrate these concepts with …
This MOOC (Massive Open Online Course) discusses Global Workers’ Rights and shows instruments and strategies which can be used to implement them.
Why are income inequalities so large and why do they continue to increase in so many countries? What role can minimum wages play in reducing social and economic inequalities? What is a good system of wage bargaining? What constitutes a fair wage?
This is a revolutionary and powerfully argued feminist analysis of modern economics, revealing how woman's housework, caring of the young, sick and the old is automatically excluded from value in economic theory. An example of this pervasive and powerful process is the United Nations System of National Accounts which is used for wars and determining the balance of payments and loan requirements.
Why are some nations more prosperous than others? Why Nations Fail sets out to answer this question, with a compelling and elegantly argued new theory: that it is not down to climate, geography or culture, but because of institutions.
This book is about history of monetary economic thought. From the 18th century with Hume and Smith to the early 20th, the author explains the different schools of thought regarding the monetary theories and policies and specially the central banking theory.
Adam Smith's The Wealth of Nations provided the first, most influential and lasting explanation of the workings of modern economics. But with his focus on "the market" as the best mechanism for producing and distributing the necessities of life, Smith's concepts only told part of the story, leading to flawed economic models that devalue activities that fall outside of the market's parameters of buying and selling.
Tony Lawson has become a major figure of intellectual controversy on the back of juxtaposing two relatively simple and seemingly innocuous ideas. He has argued firstly that success in science depends on finding and using methods, including modes of reasoning, appropriate to the nature of the phenomena being studied, and also that there are important differences between the nature of the objects of study of natural sciences and those of social science.
p>Twenty-first-century economists will have to understand and improve a post-Cold War world in which no single economic theory or system holds the key to human betterment. Heterodox economists have much to contribute to this effort, as a wave of pluralism spawns new lines of research and new dialogues among non-mainstream economists.
Economic theory is currently at a crossroads, where many leading mainstream economists are calling for a more realistic and practical orientation for economic science. Indeed, many are suggesting that economics should be reconstructed on evolutionary lines.
This book is about the application to economics of evolutionary ideas from biology.
This book is about the application to economics of evolutionary ideas from biology.
Are humans at their core seekers of their own pleasure or cooperative members of society? Paradoxically, they are both. Pleasure-seeking can take place only within the context of what works within a defined community, and central to any community are the evolved codes and principles guiding appropriate behavior, or morality.
The Austrian tradition in economic thought had a profound influence on the development of post-war economics including neoclassical orthodoxy, game theory, public choice, behavioral economics, experimental economics and complexity economics.
The volume has been conceived with current and future economics students in mind: they will be the economists of the future. One of the main ideas underlining the book is that "being an economist" in the XXI century requires a radical change in the training of economists and such change requires a global effort.
This book sets out to encourage a debate about the role that economic theory and philosophy of economics can play. A good part of economics consists of theoretical developments which describe completely imaginary worlds and have no connections to actual market economies
Diane Perrons and Sigrid Stagl combine feminist and critical environmental economics perspectives to develop a critique of the free market growth model and offer new ideas for a more sustainable gender equitable model of development in the interests of all.
Mainstream textbooks present economics as an objective science free from value judgements; that settles disputes by testing hypotheses; that applies a pre-determined body of principles; and contains policy prescriptions supported by a consensus of professional opinion.
This book argues that mainstream economics, with its present methodological approach, is limited in its ability to analyze and develop adequate public policy to deal with environmental problems and sustainable development. Each chapter provides major insights into many of todays environmental problems such as global warming and sustainable growth.
Despite some diversification modern economics still attracts a great deal of criticism. This is largely due to highly unrealistic assumptions underpinning economic theory, explanatory failure, poor policy framing, and a dubious focus on prediction. Many argue that flaws continue to owe much of their shortcomings to neoclassical economics.
"Ecological economics is an exciting interdisciplinary field of study that combines insights from the natural sciences, economics, philosophy and other fields to develop innovative approaches to environmental problems.
Economics: A New Introduction provides a fresh introduction to real economics. Highlighting the complex and changing nature of economic activity, this wide-ranging text employs a pragmatic mix of old and new methods to examine the role of values and theoretical beliefs in economic life and in economists understanding of it.
Austerity has been at the center of political controversy following the 2008 financial crisis, invoked by politicians and academics across the political spectrum as the answer to, or cause of, our post-crash economic malaise.
Regression Analysis: A Constructive Critique identifies a wide variety of problems with regression analysis as it is commonly used and then provides a number of ways in which practice could be improved.
One of the most authoritative authors on the intellectual heritage of John Maynard Keynes, Robert Skidelsky draws a sketch of the great man's economic thinking both accessible and insightful.
This book is intended as a textbook for a course in behavioural economics for advanced undergraduate and graduate students who have already learned basic economics. The book will also be useful for introducing behavioural economics to researchers. Unlike some general audience books that discuss behavioural economics, this book does not take the position of negating traditional economics completely.
The rise of capitalism to global dominance is still largely associated – by both laypeople and Marxist historians – with the industrial capitalism that made its decisive breakthrough in 18th century Britain.
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.
Mr Minsky long argued markets were crisis prone His moment has arrived The Wall Street Journal In his seminal work Minsky presents his groundbreaking financial theory of investment one that is startlingly relevant today He explains why the American economy has experienced periods of debilitating inflation rising unemployment and marked …
In this book, the author, Intan Suwandi, engages with the question of imperialism through the specific channel of Global Value Chains.
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