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The author identifies three principal economic phenomena, which are explained: long run productivity growth as the central driver of increasing economic activity, short-term and long-term debt cycles. The latter two are explained to some detailed with reference to money creation, central banking and long term crisis tendencies. With regards to the long run debt cycle, which leads into deleveraging and recession, some policy measures which can smoothen the crisis are discussed.
2013
Level: debutante
How The Economic Machine Works
In the inspiring interview on Economics of Care, Nancy Foblre takes a closer look to the consequences of the marketization of caring activities on those activities and on the societal organization of care. Folbre elaborates on how to value care and how this shifts the perspectives on living standards. She points to the fact, that caring activities are undervalued both in the market sphere and within the family and thereby questions the division between those spheres. Lastly, Folbre answers the question how to reteach Economics when accounting for caring activities.
2016
Level: debutante
The Economics of Care
Peter Boettke, Professor of Economics and Philosophy at George Mason University, talks about the history and the main methodological and epistemological tenets of the Austrian school. He argues that good economics is the mainline tradition of "squaring rational choice with the invisible hand theorem through institutional analysis".
2015
Level: debutante
The Austrian Tradition in Economics
In the fifth part of the Economics of COVID-19 Webinar by SOAS, Jo Michell sketches out the effects of the COVID-19 pandemic on the wider macroeconomy and warns against a resurgence of austerity politics.
2020
Level: adelantado
Will Coronavirus Mean the End of Austerity? The Macroeconomics of the COVID-19 Crisis
By the end of this course, students should understand the basic economic theories of the gender division of labor in the home and at the workplace, and theories of gender differences in compensation and workforce segregation.
2014
Level: debutante
Economics of Gender (Woman in the U.S: Economy)
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: adelantado
Heterodox Approaches to Economics
How can we shape urban development towards sustainable and prosperous futures This course will explore sustainable cities as engines for greening the economy We place cities in the context of sustainable urban transformation and climate change Sustainable urban transformation refers to structural transformation processes multi dimensional and radical change that …
Level: debutante
Greening the Economy: Sustainable Cities
This course provides an overview of the fundamentals of the economic Methodology.
2020
Level: debutante
Economic Methodology
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
The goal of the course is to deepen students’ understanding of the Latin American development experience by viewing it through a gender lens.
2014
Level: adelantado
Gender in Latin American Development
In this video, Clara Mattei investigates the function of austerity in relation the stabilization of capitalism as a form of social order build around private property, wage labor and class relations. In order to develop this argument, she situates austerity in the history of World War 1 and its revolutionary aftermath. Zooming in on the politicization of the economy and the associated threat to class society that emerged in the period, she highlights how austerity was a „tool of reaction“ that was successful in curtailing demands for economic democracy and a society free from class oppression.
2022
Level: debutante
The Capital Order - How Economists Invented Austerity & Paved the Way to Fascism
Thomas Piketty's Capital in the 21st century is presented and the central argument that capital returns have historically exceeded growth rates, thus exacerbating inequality is illustrated.
2015
Level: debutante
An Introduction to Thomas Piketty's Capital in the 21st Century- A Macat Economics Analysis
Galbraith gives an overview of economic history from the 18th century until the end of the 19th century covering issues such as the industrial revolution the enclosure of the Scottish highlands the Irish famine and the colonization of North America Additionally the ideas of economists such as Smith Ricardo Malthus …
Level: debutante
The Age of Uncertainty Episode 1 - The Prophets and Promise of Classical Capitalism
How has financialisation changed saving What are its implications on a macro economic level and from a welfare state perspective Craig Berry I PEEL
2017
Level: debutante
Saving
In this essay the author reviews empirical studies in economics that analyze factors behind the rise of nationalist and populist parties in Western countries. He stresses that economic factors (e.g., trade shocks and economic crisis) play a crucial role in the rise of populist parties; however, the discussion of mechanisms driving this trend remains unsatisfying
2019
Level: adelantado
The Economics of Populism in the Present
Teaching economics students about climate reparations enriches their educational experience by providing real-world relevance, promoting critical thinking, fostering interdisciplinary learning, and equipping them with valuable skills for both academic and practical applications. It also encourages ethical awareness, global perspective, and civic engagement, aligning with the broader goals of education in preparing students to address complex global challenges.
2022
Level: debutante
Policy Debate: Climate Reparations - Economy Studies
Microeconomics in Context lays out the principles of microeconomics in a manner that is thorough, up to date, and relevant to students. Like its counterpart, Macroeconomics in Context, the book is uniquely attuned to economic realities. The "in Context" books offer affordability, accessible presentation, and engaging coverage of current policy issues from economic inequality and global climate change to taxes.
2013
Level: adelantado
Microeconomics in Context
In this Blog Post on developmenteconomics org Christina C Laskaridis PhD candidate in Economics at SOAS elaborates on the economic fallout of the corona pandemic and especially its impact on the Global South The author focuses in particular on the issue of debt moratoria and debt restructuring and the measures …
2020
Level: debutante
Debt Moratoria in the Global South in the Age of Coronavirus
Steve Keen analyses how mainstream economics fails when confronted with the covid-19-pandemic. Mainstream economics has propagated the dismantling of the state and the globalization of production - both of which make the crisis now so devastating. More fundamentally, mainstream economics deals with market systems, when what is needed to limit the virus’s spread is a command system.
2020
Level: debutante
The Coronavirus and the End of Economics
A historical glimpse of how economists of the 19th century debated the usefulness of mathematics to economics
2020
Level: debutante
Mathematical Economics in the 19th Century
Economics After the Crisis is an introductory economics textbook, covering key topics in micro and macro economics. However, this book differs from other introductory economics textbooks in the perspective it takes, and it incorporates issues that are presently underserved by existing textbooks on the market. This book offers an introduction to economics that takes into account criticisms of the orthodox approach, and which acknowledges the role that this largely Western approach has played in the current global financial and economic crisis.
2014
Level: adelantado
Economics After the Crisis
In analyzing the global competition between Chinese and Indian tea, Andrew B. Liu challenges past economic histories premised on the technical “divergence” between the West and the Rest, arguing instead that seemingly traditional technologies and practices were central to modern capital accumulation across Asia.
2020
Level: adelantado
Tea War
Balance of payments stability is of paramount importance for developing countries, both to secure the value of their domestic currencies as well as reliable foreign currency inflows. But how is that stability ensured and how important is the growth of exports for stability?
2020
Level: debutante
Thirlwalls Law Introduction
Developmental economics
2021
Level: debutante
The roots of dependency theory
This course will fundamentally ask whether we can, or even should use the word ‘decolonising’ in our pursuit of a better economics?
2022
Level: debutante
Decolonising Economics?
In this book, the author critically examines a number of socialist proposals that have been put forward since the end of the Cold War. It is shown that although these proposals have many merits, their inability effectively to incorporate the benefits of information technology into their models has limited their ability to solve the problem of socialist construction. The final section of the book proposes an entirely new model of socialist development, based on a "needs profile" that makes it possible to convert the needs of large numbers of people into data that can be used as a guide for resource allocation. This analysis makes it possible to rethink and carefully specify the conditions necessary for the abolition of capital and consequently the requirements for socialist revolution and, ultimately, communist society.
2014
Level: adelantado
Information Technology and Socialist Construction
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.
2010
Level: debutante
Keynes: A Very Short Introduction
The chapter by the Centre for Economy Studies introduces interdisciplinary economic subdisciplines and their importance for economics education.
2021
Level: debutante
Interdisciplinary Economics
Die Welt verändern, ohne die Macht zu übernehmen – dieser Buchtitel aus dem Jahr 2002 steht emblematisch für ein Verhältnis zur Macht, das in Teilen der Linken lange Zeit vorherrschend war. Der Autor des Buches, John Holloway, war selbst Teil der Weltsozialforen-Bewegung und stellte sich entschieden gegen herkömmliche Vorstellungen linker Gegenmacht, etwa im Sinne des Aufbaus einer linken Massenpartei. Aus derselben Zeit stammt auch das Konzept der «Multitude» aus der Feder von Michael Hardt und Antonio Negri. Es richtete sich gegen den identitären Begriff eines «Volkes», und ebenso gegen eine politische Bezugnahme auf die «Arbeiter*innenklasse». Diesen politischen Subjekten wurde eine Vielfalt widerständiger, global verteilter Praktiken und Gruppierungen entgegengestellt, die sich jedoch nicht vereinheitlichen ließen. Das Verhältnis dieser Multitude zur Erringung von Macht wurde offengelassen.
Level: debutante
Die Macht übernehmen und die Welt verändern?
Learn the basics of microeconomics including supply and demand of commodities and how equilibrium in the market affects price Joon Koo Lee edX Seoul National University
Level: debutante
Introduction to Economics - Part 1: Microeconomics
This video by the Khan Academy presents the difference between monetary policy and fiscal policy and how they affect aggregate demand. The video especially elaborates on the basic explanation on how expansionary monetary policy increases aggregate demand via the market for money and the AD-AS model.
2012
Level: debutante
Monetary and fiscal policy | Aggregate demand and aggregate supply | Macroeconomics
This multimedia dossier explores the production chain of smartphones. In particular due to the violation of workers' rights and low payments, the author Benjamin Selwyn calls those production structures global poverty chains. In this context, he points to the importance of workers' struggles.
2016
Level: debutante
Production Chain of Smartphones

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