Necesitamos más que nunca una economía crítica. Con Exploring Economics, reforzamos los enfoques económicos alternativos y contrarrestamos la economía dominante con una comprensión crítica y pluralista de la educación económica. También ofrecemos análisis de fondo sobre los debates económicos actuales para fortalecer un discurso económico crítico.
Por desgracia, nos estamos quedando sin dinero para continuar nuestro trabajo.
Con una pequeña contribución puede ayudar a que Exploring Economics siga en línea. Muchas gracias.
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European Macroeconomics
Exploring Economics, 2021
Information on the course
This is a new online course at bachelor level. It presents an introduction into macroeconomics with a specific focus on the euro area. The theoretical part provides a critical presentation of the two key macroeconomic models: the (neo)classical approach and the Keynesian approach. This allows a comparative analysis of important macroeconomic topics:
- unemployment
- inflation
- government debt and Modern Monetary Theory
- banks and financial crises.
The policy-oriented part discusses the monetary policy of the ECB and the specific challenges for fiscal policy in the euro area. The course also presents other euro area specific topics: Optimum currency area, euro crises, Next Generation EU and Green New Deal.
Lecture Plan
- Lecture 1 - Introduction to the course
- Targets of Macroeconomic Policy and the Performance of the Euro Area
- The debate on the economic loss function
- Lecture 2 - The mechanics of the two core macroeconomic models
- The (neo-)classical model
- The Keynesian model
- Lecture 3 - The financial system and banks in the two models
- Lecture 4 - Unemployment and stabilization policies
- unemployment
- stabilization policies
- Lecture 5 - Fiscal policy
- Lecture 6 - Inflation
- Lecture 7 - Monetary policy of the ECB - in theoretical perspective
- Lecture 8 - Monetary policy of the ECB - in institutional perspective i.
- Lecture 9 - Monetary policy of the ECB - in institutional perspective ii.
- Lecture 10 - Fiscal policy in the Euro area: coordinating policies of 19 countries
- Lecture 11 - The euro crisis - learnings from the different economic model
Accompanying textbook: Fundamentals of Economics. Introduction into the Science of Markets (in German)
A critical introduction for students of economics
A multiparadigmatic textbook, including neoclassical, Austrian and Keynesian economics
A focus on the roots of financial crises & the recent effects of digitization on the financial system
Supported by:
This course is part of the Plural Certificate Project and is offered regularily by the German Network for Pluralist Economics as a course with ECTS.
Lecture 1 - Introduction to the course
The entire Youtube playlist of the Lecture Videos can be found here
Lecture 2 - The mechanics of the two core macroeconomic models
a) The (neo-)classical model
b) The Keynesian model
The entire Youtube playlist of the Lecture Videos can be found here
Lecture 3 - The financial system and banks in the two models
The entire Youtube playlist of the Lecture Videos can be found here
Lecture 4 - Unemployment and stabilization policies
a) unemployment
b) stabilization policies
The entire Youtube playlist of the Lecture Videos can be found here
Lecture 7 - Monetary policy of the ECB - in theoretical perspective
The entire Youtube playlist of the Lecture Videos can be found here
Lecture 8 - Monetary policy of the ECB - in institutional perspective i.
The entire Youtube playlist of the Lecture Videos can be found here
Lecture 9 - Monetary policy of the ECB - in institutional perspective ii.
The entire Youtube playlist of the Lecture Videos can be found here
Lecture 10 - Fiscal policy in the Euro area: coordinating policies of 19 countries
The entire Youtube playlist of the Lecture Videos can be found here
Lecture 11 - The euro crisis - learnings from the different economic models
The entire Youtube playlist of the Lecture Videos can be found here
Go to: European Macroeconomics