Econometrics // Lecture 3: OLS and Goodness-Of-Fit (R-Squared)

This course provides future change makers in public and private sectors with a comprehensive overview on the structures and actors that shape markets.

This course introduces students to political economy and the history of economic thought. We will cover the core ideas in various schools of economic thought, positioning them in the historical and institutional context in which they were developed. In particular, we will cover some economic ideas from the ancient world and the middle ages; the enlightenment; the emergence of and main ideas in classical political economy (Adam Smith, David Ricardo, Thomas Malthus, and others); Marx, Mill, and Keynes; European versus American economic thought through history; the rise of mathematical economics; economic theories around state-managed economies versus socialism; Austrian economics; behavioral economics; and the future of economics.

Dank der Klimabewegung ist die Bekämpfung der Klimakrise eines der Top-Themen in der EU geworden. Doch um echte Erfolge zu erzielen, müssen sich der ökonomische Diskurs und die politische Beratung grundsätzlich verändern.

This film looks at the role economic growth has had in bringing about this crisis, and explores alternatives to it, offering a vision of hope for the future and a better life for all within planetary boundaries.