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778 results
The deceleration of world trade since 2011 has been widely discussed How much is due to a reversal of international production fragmentation And how much is due to decreasing demand for trade intensive goods The authors present a consistent framework that quantifies their relative importance A central concept in the …
An Anatomy of the Global Trade Slowdown based on the WIOD 2016 Release
The Economics and Geopolitics of Russia Selling Yuan and Gold Reserves
It is important for students to understand the workings of international and public finance and that the goal of governments and politicians is not always economic efficiency when making financial decisions. Normative goals other than efficiency can motivate economic decisions. A good economist is able to recognise, clearly name and take into account the values and goals behind economic behaviour, when making sense of the world.
Russia sells foreign reserves
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.
Policy Debate: Climate Reparations - Economy Studies
This live recording of the 3rd Season’s final episode is a plenary roundtable discussion at the 10th International Degrowth and 15th European Society for Ecological Economics Conference in Pontevedra with ecological economists Brototi Roy, Joshua Farley and Giorgos Kallis.
Degrowth – Ecological Economics – Post-development: Brothers or acquaintances?
The keynote argues that traditional macroeconomic models relying on perfectly rational representative agents (e.g., DSGE models) are fundamentally flawed, as they ignore human limitations, behavioral diversity, and aggregation complexities.
Towards Pluralism in Macroeconomics?
This essay argues that our dominant economic narrative—rooted in private property, competition, growth for growth’s sake, and the assumption that self-interest drives progress—has led humanity and the planet into an existential crisis.
Economics for the People
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 …
Behavioral Economics in Action
"Energy issues have always been important in international relations, but in recent years may have become even more important than in the past due to the widespread awareness of existing limits to energy sources and negative climate impacts. The course discusses global trends in energy consumption and production, various available scenarios for potential developments in the coming decades, the availability of oil reserves and the evolution of the oil industry. It then discusses natural gas and highlights the differences between oil and gas. It will also discuss renewable energy sources, nuclear energy and EU energy policy.
The course aims at providing students whose main interest is in international relations a background on energy resources, technology and economic realities to allow them to correctly interpret the political impact of current developments. It also aims at providing students, who already have a technical background in energy science or engineering, with the broad global view of energy issues that will allow them to better understand the social, economic and political impact of their technical knowledge."
Politics and Economics of International Energy
Der Kurs richtet sich an Interessierte, die einen Überblick über gängige Modellierungsansätze in der Makroökonomik erhalten wollen. Dabei habe ich versucht, Ansätze aus unterschiedlichen Paradigmen zu berücksichtigen, notwendigerweise auf Kosten einer gewissen Tiefe bei den einzelnen Modellierungsframeworks. Der Kurs setzt ein gewisses mathematisches Grundverständnis voraus, sollte aber für fortgeschrittene Bachelor-Studierende der Ökonomik und Master-Studierende von interdisziplinären Studienprogrammen gut geeignet sein. Die Themenauswahl ist natürlich notwendigerweise selektiv. Der erste, größere Abschnitt diskutiert Modelle für wirtschaftlichen Wandel in der langen Frist (Wachstumsmodelle). Der zweite, kürzere Abschnitte behandelt dann Modelle, welche versuchen eine langfristige mit einer kurzfristigen Perspektive zu verbinden.
Makroökonomische Modelle - Ein multiparadigmatischer Überblick
Exploring Economics, an open-access e-learning platform, giving you the opportunity to discover & study a variety of economic theories, topics, and methods.
The Political Economy of Inequalities
This innovative book offers targeted strategies for effectively and efficiently teaching economics at both undergraduate and postgraduate levels. It provides professors and other teachers of economics various techniques to engage and retain the interest of students, and challenges them to apply both knowledge and methodological tools to a range of economic problems.
New Developments in Economic Education
John Maurice Clark’s article “The Changing Basis of Economic Responsibility,“ published in the Journal of Political Economy, is the topical starting point for all scholars interested in economic responsibility and responsible economic action.
Economic Responsibility
Modern mission theory is guided largely by the three self paradigm that suggests indigenous churches can only be healthy if they are self-governing, self-propagating, and self-supporting. Consequently, Western missionaries, their churches, and their agencies have been increasingly indisposed to giving generously. We must rethink the interplay of dollars dependency and what it means to do the right thing with our money as we pursue twenty-first century missions.
To Give Or Not to Give
The age of the contemplative economist-scholar—at home equally in classical languages, economic history, the history of ideas, and mathematical theory—has passed. The history of economics as a subdiscipline has lost touch with the mainstream study of economics. InThe Future of the History of Economics, internationally known scholars from ten countries provide a comparative assessment of the subdiscipline.
The Future of the History of Economics
Understanding Capitalism: Competition, Command, and Change is an introduction to economics that explains how capitalism works, why it sometimes fails, and how it undergoes and brings about change. It discusses both the conventional economic model and the role of power in economic interactions.
Understanding Capitalism
Until the end of the early 1970s, from a history of economic thought perspective, the mainstream in economics was pluralist, but once neoclassical economics became totally dominant it claimed the mainstream as its own. Since then, alternative views and schools of economics increasingly became minorities in the discipline and were considered 'heterodox'.
Reclaiming Pluralism in Economics
The course will teach students to analyze the goals, implementation, and outcomes of economic policy.
Advanced Economic Policy 2
Die Volkswirtschafts-Studierenden von heute sind die Entscheidungsträger*innen und Berater*innen von morgen. Und genau diese Studierenden äußern, wie auch andere, schon länger Kritik an der ökonomischen Lehre.
Bereitet die Volkswirtschaftslehre auf das 21. Jahrhundert vor?
This book provides a blueprint for those interested in teaching from a pluralist perspective, regardless of ideology. It provides educators, policy makers and students with helpful suggestions for implementing pluralism into pedagogy, by offering detailed suggestions and guidelines for incorporating pluralist approaches tailored to specific individual courses.
The Handbook of Pluralist Economics Education
Racism and discrimination have choked economic opportunity for African Americans at nearly every turn. In From Here to Equality, William Darity Jr. and A. Kirsten Mullen confront these injustices head-on and make the most comprehensive case to date for economic reparations for U.S. descendants of slavery.
From Here to Equality
Nature and communities in the global south is being overwhelmed at a shocking rate. In many places this is due to ventures such as large-scale open-pit mining, oil extraction in tropical areas, and the spread of monocultures. These and other such forms of natural resource appropriation are usually known as extractivisms.
Extractivisms
The volume, released by YSI’s Economic Development Working Group, comprises interviews with 13 scholars from around the world who express a variety of viewpoints on the meaning and relevance of dependency theory in today’s context.
Dialogues on Development
Identity politics is everywhere, polarising discourse from the campaign trail to the classroom and amplifying antagonisms in the media. But the compulsively referenced phrase bears little resemblance to the concept as first introduced by the radical Black feminist Combahee River Collective.
Elite Capture
Maurizio Lazzarato’s War and Money explores the connections between capitalist expansion, international economic conflict, and war, via an analysis of the imperialism of the American dollar.
War and Money
The current international financial system has created a huge gap between the wealthy and the rest. Grounded and straightforward in his approach, Brahm calls for a turn away from economic systems dangerously steeped in ideology and stymied by politics, outlining a new global consensus based on pragmatism, common sense, and grass-roots realities.
Fusion Economics
This is an introductory lecture to Stock Flow Consistent SFC modelling Antoine Godin presents this family of macroeconomic models which is based on a rigorous accounting framework and guarantees a correct and comprehensive integration of all the flows and the stocks of an economy SFC models focus especially on interactions …
Post Keynesian Stock-Flow consistent Modelling
This essay deals with the concepts of Sustainable Land Management (SLM) and Land Degradation Neutrality (LDN).
The importance of a Land Degradation Neutrality approach to achieving Sustainable Land Management
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.
Towards a practice of fare-free sustainability
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.
A Feminist Reading of Debt
Environmental cost-benefit analysis was developed by economists in the belief that monetary valuation of the environmental repercussions of economic activity is essential if the "environment " stands any chance of being included in government and business decisions.
Alternatives for Environmental Valuation
Making sense of economists and their world in a persuasive and entertaining style, Arjo Klamer, shows that economics is as much about how people interact as it is about the models, the mathematics, the econometrics, the theories and the ideas that come from the enormous aggregate of economics literature. Knowing and understanding economics requires both bookwork and mingling with other economists.
Speaking of Economics
How do people make decisions? There is a class of models in psychology which seek to answer this question but have received scant attention in economics despite some clear empirical successes. In a previous post I discussed one of these, Decision by Sampling, and this post will look at another: the so-called Fast and Frugal heuristics pioneered by the German psychologist Gerd Gigerenzer. Here the individual seeks out sufficient information to make a reasonable decision. They are ‘fast’ because they do not require massive computational effort to make a decision so can be done in seconds, and they are ‘frugal’ because they use as little information as possible to make the decision effectively.
Bounded Rationality: the Case of ‘Fast and Frugal’ Heuristics
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