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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 Patrick Leon Gross Patrick Léon Gross 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 Lukas Graf Hertie School of Governance 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 Vera Leuner, Navaneeth M S, Leandro Pereira Monteiro, Eduardo Lacerda Camargo Bisneto Exploring 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 Samuel Decker Exploring Economics 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   Economy Studies 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 Lukas Bäuerle Institute of Economics and Philosophy Cusanus Hochschule The chapter by the Centre for Economy Studies introduces interdisciplinary economic subdisciplines and their importance for economics education. 2021 Level: beginner Interdisciplinary Economics Sam de Muijnck and Joris Tieleman Economy Studies 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 Emilie Tricarico Exploring Economics Behavioural economics deals with observing behaviour and economic decision making behaviour. Behavioral Economics     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 Jason Barker YouTube (ARTE) 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 Wolfram Elsner Wirtschaft neu denken: Blinde Flecken in der Lehrbuchökonomie The outbreak of COVID-19 has substantially accelerated the digitalization of the economy. Yet, this unprecedented growth of digital technology brought novel challenges to the labour market. Rise in income inequalities and precarious working conditions or polarization of jobs. In this essay, we try to assess what tools to use to counter these trends. 2021 Level: beginner Post-pandemic future of work - How does digitization impact labour? Neha Chauhan, Miguel Corredera, Krystian Lukasik, Filipa Reis Exploring Economics 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     Approaching the law of nature that determines all forms of economy. The bulk of economic theory addresses the economic process by setting out on a catalogue of aspects, seeking the laws in the aspects and hoping to get together a reliable view of the whole. 2019 Level: advanced Economic theory, methodology, and secure foundations Dr. Alec A. Schaerer Exploring Economics How can we establish new institutions and practices in order to use fare-free public transport as a beacon for sustainable mobility and a low-carbon lifestyle? The author of this essay elaborates on how practice theory and institutional economics can help to answer this question. 2018 Level: advanced Towards a practice of fare-free sustainability Roxana Erath Exploring Economics The core idea of ecological economics is that human economic activity is bound by absolute limits. Interactions between the economy, society and the environment are analysed, while always keeping in mind the goal of a transition towards sustainability. Ecological Economics     In this essay, the principle of capital accumulation, as well as the idea of homo economicus as the basis of the growth model, are located and analyzed from a feminist perspective. The sufficiency approach is presented as an alternative to these two economic logics. 2018 Level: beginner Enough! The Sufficiency Approach and the Limits of Economic Growth Fernanda Nacif Exploring Economics 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? Micaela Mastropietro Pluralist Economics Fellowship This essay suggests to bring together two aspects of economic thought which so far have developed largely separately: degrowth and feminist economics. In this strive, the concept of care work and its role in feminist economics will be introduced and the downsides of the commodification of care work will be discussed. Subsequently, contributions to the discussion on the (re)valuation of care work will be taken into account. 2017 Level: beginner Who cares? A convergence of feminist economics and degrowth Jannis Eicker, Katharina Keil Exploring Economics As the world's energy system faces a period of unprecedented change, a global struggle over who controls the sector--and for what purposes--is intensifying. The question of "green capitalism" is now unavoidable, for capitalist planners and anti-capitalist struggles alike. 2010 Level: advanced Sparking a Worldwide Energy Revolution Kolya Abramsky AK Press From the two premises that (1) economies are complex systems and (2) the accumulation of knowledge about reality is desirable, I derive the conclusion that pluralism with regard to economic research programs is a more viable position to hold than monism. To substantiate this claim an epistemological framework of how scholars study their objects of inquiry and relate their models to reality is discussed. Furthermore, it is argued that given the current institutions of our scientific system, economics self-organizes towards a state of scientific unity. Since such a state is epistemologically inferior to a state of plurality, critical intervention is desirable. 2017 Level: advanced The Complexity of Economies and Pluralism in Economics Claudius Gräbner Johannes Kepler University Linz (ICAE) and University of Duisburg-Essen (IfSO), Journal of Contextual Economics This paper starts with an evaluation of three common arguments against pluralism in economics: (1) the claim that economics is already pluralist, (2) the argument that if there was the need for greater plurality, it would emerge on its own, and (3) the assertion that pluralism means ‘anything goes’ and is thus unscientific. Pluralist responses to all three arguments are summarized. The third argument is identified to relate to a greater challenge for pluralism: an epistemological trade-off between diversity and consensus that suggests moving from a discussion about ‘pros’ and ‘cons’ towards a discussion about the adequate degree of plurality. We instantiate the trade-off by showing how it originates from two main challenges: the need to derive adequate quality criteria for a pluralist economics, and the necessity to propose strategies that ensure the communication across different research programs. The paper concludes with some strategies to meet these challenges. 2017 Level: beginner Pluralism in economics: its critiques and their lessons Claudius Gräbner, Birte Strunk Journal of Economic Methodology The notion that the demand and supply side are independent is a key feature of textbook undergraduate economics and of modern macroeconomic models. Economic output is thought to be constrained by the productive capabilities of the economy - the ‘supply-side' - through technology, demographics and capital investment. In the short run a boost in demand may increase GDP and employment due to frictions such as sticky wages, but over the long-term successive rises in demand without corresponding improvements on the supply side can only create inflation as the economy reaches capacity. In this post I will explore the alternative idea of demand-led growth, where an increase in demand can translate into long-run supply side gains. This theory is most commonly associated with post-Keynesian economics, though it has been increasingly recognised in the mainstream literature. 2020 Level: beginner It’s Demand All the Way Down Cahal Moran Rethinking 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 Stefan Eich Princeton University Press ‘We cannot afford their peace & We cannot bear their wars’: ​​​​​​​Value, Exploitation, Profitability Crises & ‘Rectification’ 2022 Level: beginner Political Economy based on Marx Elena Papagiannaki Summer Academy 2022 for Pluralist Economics This chapter discusses the role of gender in economic relations, processes, and outcomes. Gender differences in economic outcomes such as labor force participation and wages have received growing attention from economists in the last several decades – a positive and much needed development in economic thinking. 2016 Level: beginner Illuminating the role of gender in the economy Alyssa Schneebaum Wirtschaft neu denken: Blinde Flecken in der Lehrbuchökonomie The article pursues the two related questions of how economists pretend to know and why they want to know at all. It is argued that both the economic form of knowledge and the motivation of knowing have undergone a fundamental change during the course of the 20th century. The knowledge of important contemporary economic textbooks has little in common with an objective, decidedly scientifically motivated knowledge. Rather, their contents and forms follow a productive end, aiming at the subjectivity of their readers. 2019 Level: beginner An essay on the putative knowledge of textbook economics Lukas Bäuerle Institute of Economics and Philosophy Cusanus Hochschule 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     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 Dr. Jeff Powell University of Greenwich This module examines current socio-political issues through the lens of pluralism, that is pluralism of theory, pluralism of method and interdisciplinary pluralism 2020 Level: beginner Pluralist Economic Analysis Sophia Kuehnlenz Manchester Metropolitan University 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 Thomas Sablowski Exploring Economics Florian Kern replies to Zoltan Pozsar's analysis about the effects of the war in Ukraine on the global financial order and refutes the latter's prognosis of the demise of the US dollar as the world's reserve currency 2022 Level: advanced Why the war in Ukraine does not jeopardise the dollar's reserve currency status Florian M. Kern Dezernat Zukunft

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