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This course introduces students to the relevance of gender relations in economics as a discipline and in economic processes and outcomes. The course covers three main components of gender in economics and the economy: (1) the gendered nature of the construction and reproduction of economic theory and thought; (2) the relevance and role of gender in economic decision-making; and (3) differences in economic outcomes based on gender. We will touch on the relevance of gender and gender relations in at least each of the following topics: economic theory; the history of economic thought; human capital accumulation; labor market discrimination; macroeconomic policy, including gender budgeting; household economics; basic econometrics; economic history; and economic crises.
This course introduces students to the relevance of gender relations in economics as a discipline and in economic processes and outcomes. The course covers three main components of gender in economics and the economy: (1) the gendered nature of the construction and reproduction of economic theory and thought; (2) the relevance and role of gender in economic decision-making; and (3) differences in economic outcomes based on gender. We wil touch on the relevance of gender and gender relations in at least each of the following topics: economic theory; the history of economic thought; human capital accumulation; labor market discrimination; macroeconomic policy, including gender budgeting; household economics; basic econometrics; and economic crises.
This course teaches basic concepts relevant in political economy. Topics include the contractual nature of the state, public versus private goods, property rights and economic externalities, the logic of collective action and social choice theory. It also refers to the fundamentals of political philosophy, bringing two ideas of liberty into the picture. The relevance and limitations of the economic approach to the study of law and politics are then discussed.
For many, Thomas Carlyle's put-down of economics as "the dismal science" rings true--especially in the aftermath of the crash of 2008. But Diane Coyle argues that economics today is more soulful than dismal, a more practical and human science than ever before. The Soulful Science describes the remarkable creative renaissance in economics, how economic thinking is being applied to the paradoxes of everyday life.
This lecture offers a general and introductory overview of the theory of racial capitalism, focusing on the origins of racial capitalism and some of the debates it has generated.
The course will teach students to analyze the goals, implementation, and outcomes of economic policy.
The last 15 years have seen extensive research into ecosystem service valuation (ESV), spurred by the Millenium Ecosystem Assessment in 2005 (Baveye, Baveye & Gowdy, 2016). Ecosystem services are defined as “the benefits people obtain from ecosystems” (Millenium Ecosystem Assessment, p.V). For example, ecosystems provide the service of sequestering carbon which helps regulate the climate. Valuation means giving ecosystems or their services a monetary price, for example researchers have estimated that the carbon sequestration services of the Mediterranean Sea is between 100 and 1500 million euros per year. The idea of ESV was a response to the overuse of natural resources and degradation of ecosystems, allegedly due to their undervaluation and exclusion from the monetary economy. ESV can be used (1) for policy decision-making, for example allocating funding to a reforestation project (2) for setting payments to people who increase ecosystem services, for example a farmer increasing the organic carbon content of their soil, and (3) for determining fees for people who degrade ecosystem services, for example a company that causes deforestation.
David Harvey illustrates the five most common narratives on why the financial and economic crisis took place – from human frailty to policy failure.
First some properties about the Sum of squared residuals and the linear regression function are restated. In particular three properties that an ideal fitted regression line must fulfill are discussed. Then, the R squared is defined using the measures of the Sum of squared residuals, the total sum of squares and the sum of explained squares.
In this keynote speech, Roger Backhouse gives a historical overview of theories on secular stagnation: how it evolved from a description of the economic situation, especially in the U.S. of the 1930s to an analytical tool and then lost importance until its current revival. Backhouse touches upon the contributions of J. A. Hobson, Alvin Hansen, Evsey Domar and Paul Samuelson.
This multimedia dossier is part of the series „Understanding Finance“ by Finance Watch. The dossier focuses on universal banks – banks that pursue commercial and investment banking and points out several problems of those megabanks, especially in the context of the financial crisis (too big to fail).
The page "Positive Money" gathers text and short videos which explain how money is created by banks by giving loans. It furthermore presents the consequences of this process on housing prices, inequality and the environment and its role in the financial crisis. The dossier is provided by the campaign "Positive Money" which aims at a democratic control over money creation. Besides texts by the campaign, the page makes available links to journal and conference articles on the topic. The page focuses on the banking system of the UK.
The course will teach students to analyze the goals, implementation, and outcomes of economic policy.
Exploring Economics, an open-access e-learning platform, giving you the opportunity to discover & study a variety of economic theories, topics, and methods.
The premise of this workshop is that we, as knowledge producers - especially within westernized universities (Grosfoguel, 2013), are significantly implicated in neoliberal imaginaries that are often in service of hierarchical, binary, competitive and linear narratives of growth as civilizational progress.
Participants should be able to distinguish the strictly non-cooperative (methodological individualist) foundations of traditional neoclassical economics as being couched in self-interested individuals, as well as having basic knowledge of an alternative set of theories based on the primacy cooperation and social norms and extending the breadth of economic analysis beyond exchange.
Irene van Staveren, professor of pluralist development economics, presents her pluralist teaching method for the introductory level. Based on her textbook “Economics After the Crisis: An Introduction to Economics from a Pluralist and Global Perspective” she suggests to focus on real-world problems and pari passu apply economic theories such as Social economics, Institutional economics, Post-Keynesian economics as well as Neoclassical economics without wasting time to single out the latter. Besides pointing out advantages of such a pluralist method Irene illustrates her approach based on interesting topics such as growth or feminist economics.
In this lecture, Beatrice Cherrier explains why it is worth to research the history of JEL codes. The changing relationship between theory and application and the rise and death of new economic topics in the XXth century through the successive revisions of the classification system economists use to publish, recruit and navigate their discipline.
At the 2013 Climate, Mind, & Behavior Symposium, Rebecca Adamson of First Peoples Worldwide illustrates alternative economic systems modeled after indigenous worldviews and the power they have in pushing us towards a more sustainable existence.
Based on Modern Money Theory (MMT), Stephanie Kelton compares the cryptocurrency to the fiat money system (or simply what we have today).
In order to describe the global structure of the monetary and financial system and its effects on the global economy, most economics textbooks rely on unappropriated theories that provide nothing but outdated descriptions. In this talk, key speakers in economics, economic history and banking try to make this complex system a little more understandable by relying on real-world insights.
After completing the module, participants should be able to have general overview on the theory of commons. They can differentiate between neoclassical, new institutional and social/critical commons theory and can use these theories to assess real life common-pool resource management and commoning pratices.
This course is designed to provide students with an understanding of work-related gender issues and to enable students to analyze the issues using the tools of economics.
Dans cette conférence André Orléan fondateur de l école hétérodoxe de l économie des conventions donne les enjeux d un tournant expérimental des sciences économiques L essor de l économie comportementale des RCT randomized controlled trials et de l analyse économétrique à partir d expériences naturelles histoire économique développement montre …
À travers les réflexions et les analyses de plusieurs intellectuels de renom, ce documentaire trace un portrait de l’idéologie néolibérale et examine les différents mécanismes mis à l’oeuvre pour en imposer mondialement les diktats.
Déréglementer, réduire la taille de l’État, privatiser, limiter l’inflation plutôt que le chômage, bref, financiariser et dépolitiser l’économie : les différents dogmes de cette pensée prêt-à-porter sont bien connus. Et s’ils s’immiscent lentement dans nos consciences c’est qu’ils sont diffusés à travers un vaste et inextricable réseau de propagande.
De fait, depuis la fondation de la Société du Mont Pèlerin, en 1947, les instituts de recherche néolibéraux, ces think tanks financés par des transnationales et des grandes fortunes, propagent inlassablement la pensée néolibérale au sein des universités, dans les médias, auprès des parlementaires, etc.
Cette idéologie qui s’affiche évidence, forte de la sanction historique et scientifique que semble lui avoir conférée la chute de l’URSS, a su intoxiquer tous les gouvernements, de gauche comme de droite. En effet, depuis la fin de la Guerre Froide, le rythme des réformes néolibérales est allé sans cesse s’accentuant. Souvent imposée par la force, que ce soit à travers les plans d’ajustements structurels du FMI et de la Banque Mondiale, sous la pression des marchés financiers et des transnationales ou même par la guerre, la doctrine néolibérale s’étend dorénavant à la planète entière.
Mais derrière l’écran de fumée idéologique, derrière ces beaux concepts d’ordre spontané et d’harmonie des intérêts dans un libre marché, par-delà la panacée de la «main invisible», que se cache-t-il réellement ?
‘We cannot afford their peace & We cannot bear their wars’:
Value, Exploitation, Profitability Crises & ‘Rectification’
Health Economics traditionally involves two distinct strands. One focuses on the application of core neoclassical economic theories of the firm, the consumer and the market to health-seeking behaviour and other health issues. It suggests a role for government intervention only in the case of specific market failures (for example externalities, asymmetric information, moral hazard, and public goods) that distort market outcomes. The second strand is evaluation techniques, used to assess the cost effectiveness of competing health interventions.
This course provides an overview of the fundamentals of the economic Methodology.
Mainstream inflation theories in economics do little to explain the recent acceleration in price increases. The associated economic policy recommendations further increase the misery of low-income groups.
Ce podcast présente l’incompatibilité entre notre modèle économique et l’exigence écologique. « Comment affronter sérieusement les désordres de la planète si l’on s’évertue à réanimer un modèle économique qui en est la cause » ? s’est exclamé Gaël Giraud (chef économiste de l’Agence Française de Développement). La question de l'équation entre les impératifs économiques de court terme (croissance, emploi) et les exigences planétaires de long terme (l'avenir de notre monde) semble toujours irrésolue.
Le libéralisme allemand qui est au cœur de la construction européenne porte le nom d’ordolibéralisme. C’est une voie à mi-chemin entre le capitalisme à l’anglo-saxonne, qu’on considère en général comme le plus proche de l’orthodoxie classique, de l’ultra-libéralisme, et un capitalisme keynésien plutôt orienté vers des politiques de la demande. Cependant, l'ordolibéralisme allemand demeure une forme de néolibéralisme. L'idée de l'épisode est de décrire un courant de pensée qui tient plus de l’idéologie ou de l’opinion politique que de la science. En effet, l’ordolibéralisme, comme de nombreux autres courants de pensés en économie, propose des hypothèses plausibles, potentiellement justes, mais non vérifiées voire non vérifiables ainsi qu’une version simplifiée de la mécanique économique qui ne colle pas toujours avec la réalité. La description de la pensée ordolibérale permet de comprendre pourquoi la Zone Euro est organisée d'une manière si spécifique : Pourquoi la banque centrale européenne est-elle indépendante ? Pourquoi celle-ci ne peut-elle pas financer des états ? Pourquoi doit-elle se concentrer uniquement sur des problématiques d'inflation ? Pourquoi la commission européenne insiste-t-elle tant sur le rôle de la concurrence ? Pourquoi le budget des états ne doit pas dépasser un déficit de 3% du PIB ?
Faut-il donner un prix à la nature pour la protéger des impacts de l’activité humaine ? L'économiste écologique Aurore Lalucq revient sur cette question fondamentale et distingue monétarisation, marchandisation et financiarisation. Selon elle, ces trois concepts prennent place dans des situations totalement différentes et ne suivent pas les mêmes logiques.
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