Renowned scholars elaborate a critique on neoclassical economics and how it was unable to predict and even favoured the financial crisis. They refer to DSGE models, equilibrium theory and rational agents – a brief insight in the critique on neoclassic economics. 2012 Level: leicht Financial Instability Mini-Documentary Joseph Stiglitz, Gillian Tett, David Tuckett, Stephen Kinsella, John Kay, David Weinstein, Steve Keen and Dirk Bezemer INET The short clip gives a basic introduction to the concept of the market equilibrium and its graphical representation: taking the example of a market for apples, it presents supply and demand curves as well as scenarios how prices and quantities adapt, leading to an equilibrium. 2012 Level: leicht Market equilibrium | Supply, demand, and market equilibrium | Microeconomics |   Khan Academy Steve Keen discusses DSGE modeling and microfoundations by asking the question if it is ideologically possible to derive macroeconomics from microeconomics. 2013 Level: mittel Discussing DSGE Steve Keen ProfSteveKeen In this radio interview, Philip Mirowski, author of the book "Never Let a Serious Crisis Go to Waste" presents several differences between neoclassical economics and neoliberalism. Apart from a historical outline, Mirowski primarily discusses different perceptions of markets and the role of the state. Mirowski further reflects on the role think tanks ("part of the "neoliberal thought collective") and the entrepreneurial self (the "neoliberal agent") in the spreading and fostering of the neoliberalism. 2015 Level: leicht How Neoliberalism Survived the Financial Meltdown Philip Mirowski The Majority Report with Sam Seder Warum wurden nach der Finanzkrise weder die Finanz- und Wirtschaftsordnung noch die Wirtschaftswissenschaft angepasst oder erneuert? Warum wird an vorherrschenden Prinzipien und Theorien festgehalten? Joseph Vogl geht diesen Fragen im Vortrag „Das seltsame Überleben der Theodizee in der Ökonomie“ nach und spricht von einer Oikodizee, einer Glaubensehre in der Ökonomie, einem metaphysischem Ansatz und einer dogmatischen Substanz im ökonomischen Denken, die nicht angetastet wird. Ein besonderes Augenmerk der Vortrages liegt auf ökonomischen Prognosen in der Krise und Theorien zu Märkten. 2016 Level: leicht Das seltsame Überleben der Theodizee in der Ökonomie Joseph Vogl Mosse Lecutres Carsten Dreher starts with a historical perspective on the development of evolutionary economics by mentioning the difficulties of neoclassical economics to explain economic growth and by referring to the work of Joseph Schumpeter. Then some concepts such as business cycles, path dependencies are shortly explained. Dreher continues by introducing two different approaches in evolutionary economics, a micro centred approach that is associated with Nelson and Winter's work and a macro institutional and historical approach that has been pursued amongst others by Chris Freeman. Lastly the policy implications of treating economies as innovation systems are discussed and a summary of the differences of neoclassical and evolutionary economics is provided. 2016 Level: mittel Innovationsökonomie - Prof. Carsten Dreher @FU-Berlin Carsten Dreher Netzwerk Plurale Ökonomik Keen first compares neoclassical approaches to modelling with heterodox ones. Then he discusses in length the required assumptions and the inconsistencies of the aggregate demand and supply model, which is extrapolated from a micro perspective. At the end some dynamic models with feedback mechanisms are shown. 2016 Level: mittel The Mainstream Obsession with Microfoundations and why it is an intellectual dead-end Steve Keen ProfSteveKeen Die Rolle des Gleichgewichtskonzepts in der mikroökonomischen Ausbildung Claudius Gräbner Quelle van Treeck Till and Janina Urban Wirtschaft neu denken Blinde Flecken in der Lehrbuchökonomie iRights Media 2016 Das Buch kann hier bestellt werden http irights media de publikationen wirtschaft neu denken Rezensierte Bücher Pindyck R S Rubinfield D L … 2016 Level: leicht Die Rolle des Gleichgewichtskonzepts in der mikroökonomischen Ausbildung Claudius Gräbner Wirtschaft neu denken: Blinde Flecken in der Lehrbuchökonomie The Lecturer Prof. Francesco Lissoni presents basic concepts of the Economics of Innovation. Firstly, he distinguishes between invention, innovation and diffusion and relates innovation to economic growth. Subsequently, he elucidates learning and network effects. 2012 Level: mittel Economics of Innovation 1/2 Francesco Lissoni Alta Scuola Politecnica Tom Palley provides a very clear and insightful description of the post-Keynesian school of economics by tracing back its connections to the different historical schools of thought. 2015 Level: leicht Post-Keynesian Economics through the Lens of History of Thought - Introductory lectures on heterodox economics Tom Palley IMK Im AS-AD Gleichgewicht treffen die Gleichgewichtsbedingungen aller Märkte (Güter-, Geld-, Finanz- und Arbeitsmarkt) einer Volkswirtschaft zusammen. Das Gleichgewicht wird bestimmt durch die gesamtwirtschaftliche Nachfrage „aggregate demand“ und dem gesamtwirtschaftlichen Angebot „aggregate supply“ einer Volkswirtschaft. 2021 Level: leicht AS-AD-Gleichgewicht   Wiwiwiki Die Zinsparitätenbeziehung ist ein makroökonomisches Modell zur Beschreibung der Gleichgewichtsbeziehung zwischen den Zinssätzen, Devisenkassa und Devisenterminkursen zweier Währungen zueinander. 2021 Level: leicht Zinsparitätenbeziehung   Wiwiwiki Photo by Anne Nygård on Unsplash In this course you will learn all of the major principles of microeconomics normally taught in a quarter or semester course to college undergraduates or MBA students Perhaps more importantly you will also learn how to apply these principles to a wide variety of … Level: mittel The Power of Microeconomics: Economic Principles in the Real World Peter Navarro University of California, Irvine John Harvey's accessible book provides a non-technical yet rigorous introduction to various schools of thought in economics. Premised on the idea that economic thinking has been stunted by the almost complete rejection of anything outside the mainstream, the author hopes that this volume will open readers' minds and lead them in new and productive directions. 2016 Level: mittel Contending Perspectives in Economics John T. Harvey Edward Elgar Publishing This book tells the story of the search for disequilibrium micro-foundations for macroeconomic theory, from the disequilibrium theories of Patinkin, Clower and Leijonhufvud to recent dynamic stochastic general equilibrium models with imperfect competition. 2014 Level: schwer Transforming Modern Macroeconomics Backhouse, Roger; Boianovsky, Mauro Cambridge University Press This book retraces the history of macroeconomics from Keynes's General Theory to the present. Central to it is the contrast between a Keynesian era and a Lucasian - or dynamic stochastic general equilibrium (DSGE) - era, each ruled by distinct methodological standards. 2016 Level: mittel A History of Macroeconomics from Keynes to Lucas and Beyond Vroey, Michel de Cambridge University Press Use economic models to learn how prices and markets benefit society in the face of scarcity and then apply those models to analyze policy Jonathan Gruber edX Massachusetts Institute of Technology Level: mittel Microeconomics Jonathan Gruber Massachusetts Institute of Technology This book presents recent thought on market efficiency, using a complex systems approach to move past equilibrium models and quantify the actual efficiency of markets. 2005 Level: mittel Beyond Equilibrium and Efficiency J. Doyne Farmer, John Geanakoplos Oxford University Press 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: leicht Introduction to Economics - Part 1: Microeconomics Joon Koo Lee Seoul National University