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This article applies insights from behavioral economics to consider how the general public may make decisions around whether or not to receive a future COVID-19 vaccine in a context of frequent side effects and preexisting mistrust. Three common cognitive biases shown to influence human decision-making under a behavioral economics framework are considered confirmation bias, negativity bias, and optimism bias.
2021
Level: advanced
A behavioral economics perspective on the COVID-19 vaccine amid public mistrust.
Designed for both undergraduates and MBA students taking their first course in business economics, this text focuses on introducing students to economics as a framework for understanding business. It is structured around problems that decision-makers face, such as rejuvenating the firm in the face of declining demand.
2004
Level: advanced
Business Economics
Author of a dozen books in economics and history, she was formerly known as Donald. Her experience in changing gender is reflected in the new edition, but the message remains the same: economics needs to get serious about its rhetoric, and back to science.
1998
Level: advanced
The Rhetoric of Economics
Through contributions from leading authors, Issues in Heterodox Economics provides a critical analysis of the methodology of mainstream economics.
2008
Level: advanced
Issues In Heterodox Economics
This brief views the environment through diverse lenses – those of standard economics, institutional economics, political science, environmental science and ecology.
2013
Level: advanced
The Environment in Economics and Development
First published in 1983. A collection of papers directed at those outside the field of Economics, to open up discussions around the scientific worth of Economics.
2020
Level: advanced
Why Economics is not yet a Science
Helps students succeed in the principles of economics course. This title offers trademark colloquial approach that focuses on modern economics, institutions, history, and modeling, and is organized around learning objectives to make it easier for students to understand the material and for instructors to build assignments within Connect Plus.
2013
Level: beginner
Economics
This Perspective argues that ergodicity — a foundational concept in equilibrium statistical physics — is wrongly assumed in much of the quantitative economics literature. By evaluating the extent to which dynamical problems can be replaced by probabilistic ones, many economics puzzles become resolvable in a natural and empirically testable fashion.
Level: expert
The ergodicity problem in economics
"This eleven-week course offers a pluralist introduction to political economy and economics. We will examine nine (9) competing schools of thought, each of which offer an original and distinctive illumination of economic and social reality. The course offers a level of learning that would at least match that which is offered by a University. However, you do not need to be connected to a university or to have studied political economy or economics previously to enrol in this particular subject."
2022
Level: beginner
An Introduction to Political Economy and Economics
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: beginner
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: beginner
The Austrian Tradition in Economics
In this short video 'Raghuram Rajan’s Dosa Economics Explained', the famous theory of Dr. Raghuram Rajan, ex-governor of Reserve Bank of India (RBI), Dosa Economics, has been explained using a very simple example of Dosa ( a delicacy of India). Here, Dr. Raghuram Rajan tries to explain that low interest rate and low inflation is much better than high interest rate and high inflation.
2018
Level: beginner
Raghuram Rajan’s Dosa Economics Explained
Economics: A New Introduction provides a fresh introduction to real economics. Highlighting the complex and changing nature of economic activity, this wide-ranging text employs a pragmatic mix of old and new methods to examine the role of values and theoretical beliefs in economic life and in economists’ understanding of it.
1999
Level: beginner
Economics
This brief responds to the criticism that mainstream economics is currently facing due to its heavy reliance on models and narrow range of quantitative research techniques. It takes a broader view, identifying issues that are also relevant for heterodox and pluralist approaches to economics.
2014
Level: advanced
Rethinking Economics
This collection of videos offers a short introduction to ecological economics and its main differences with respect to environmental economics.
2021
Level: beginner
Short lectures on ecological economics
This syllabus provides an overview of the contents of the course "The Philosophy and Methodology of Economics" at the Duke University
2022
Level: beginner
The Philosophy and Methodology of Economics
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.
2020
Level: beginner
Political Economy and the History of Economic Thought
In the history of the social sciences, few individuals have exerted as much influence as has Jeremy Bentham. His attempt to become “the Newton of morals” has left a marked impression upon the methodology and form of analysis that social sciences like economics and political science have chosen as modus operandi.
2020
Level: advanced
Bentham’s Two Sovereign Masters - Examining Bentham’s Influence on the Social Sciences
Dani Rodrik reflects in this book on important questions about how economics works and what might be wrong with it. He points out flaws and weakness of the discipline, but also argues that certain criticisms which have brought forward against are without merit. His central point is that there is not just one economic model, but a variety of them and it is important to apply judgment when selecting the most suitable one for a particular situation.
2016
Level: beginner
Economics Rules
Exploring Economics, an open-access e-learning platform, giving you the opportunity to discover & study a variety of economic theories, topics, and methods.
2019
Level: advanced
Marx's approach to economics: a claim for subjective praxis
Mainstream textbooks present economics as an objective science free from value judgements; that settles disputes by testing hypotheses; that applies a pre-determined body of principles; and contains policy prescriptions supported by a consensus of professional opinion.
2012
Level: beginner
The economics anti-textbook
Social and Solidarity Economy (SSE) and Feminist Economics make a conjoint statement: The way we see the economic system has nothing to do with human beings nor those who have been surviving outside the market.
2015
Level: beginner
Decolonial Feminist Economics: A Necessary View for Strengthening Social and Popular Economy
This is webinar series organized by the SOAS Open Economic Forum and the SOAS Economics Department with speakers from the same department as well as other academic figures.
2020
Level: beginner
The Economics of Covid-19 | SOAS University of London
This book demonstrates the continuing relevance of economics for understanding the world, through a restatement of the importance of plurality and heterodox ideas for teaching and research.
2017
Level: advanced
Post-Crash Economics
In the last half century, economics has taken over from anthropology the role of drawing the powerful conceptual worldviews that organize knowledge and inform policy in both domestic and international contexts. Until now however, the colonial roots of economic theory have remained relatively unstudied. This book changes that.
2004
Level: advanced
Postcolonialism Meets Economics
New challenges require new approaches. Is economics part of the problem or part of the solution? Probably both.
2021
Level: beginner
Diversifying Economics - an Introduction
Having dissected what's supposedly wrong with contemporary macroeconomics, Steve Keen, on the leading critics of the mainstream of our times and distinguished economist himself, goes on to present his idea of a New Economics: What premises it should build on, what methods it should use, and yes, what purpose it should serve.
2022
Level: beginner
The New 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
What is economics? What can - and can't - it explain about the world? Why does it matter?
2015
Level: beginner
Economics: The User's Guide
In its first edition, this book helped to define the emerging field of ecological economics. This new edition surveys the field today. It incorporates all of the latest research findings and grounds economic inquiry in a more robust understanding of human needs and behavior.
2010
Level: beginner
Ecological Economics - Principles and Applications
Ecologcial economics conceptualizes our society as embedded within the environment and our economic system as embedded within society and the environment.
2021
Level: beginner
Is ecological economics for rebels? Accounting for natural resources
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: advanced
Contending Perspectives in Economics

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