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: początkujący Financial Instability Mini-Documentary Joseph Stiglitz, Gillian Tett, David Tuckett, Stephen Kinsella, John Kay, David Weinstein, Steve Keen and Dirk Bezemer INET In the keynote speech, Sigrid Stagl argues why it is necessary to include socio-ecological aspects in macoreconomic models. The talk focuses on the ecological necessities, mentioning limits to growth, resource extraction and planetary boundaries. At the end, Stagl shortly presents several current macroeconomic initiatives and models that move towards a a socio-ecological macroeconomics. 2013 Level: początkujący Towards a socio-ecological macroeconomics Sigrid Stagl Konzeptwerk Neue Ökonomie In this blog article Steve Keen elaborates on flawed climate change modelling and mainstream economics forecasts. In specific, he stresses the climate change forecasts of the DICE model (“Dynamic Integrated model of Climate and the Economy”) by Nobel Memorial Prize in Economic Sciences winner William Nordhaus. 2019 Level: zaawansowane The Cost of Climate Change Steve Keen Evonomics As part of the 2019/2020 Exploring Economics Experience, one of our supporters Prof. Steve Keen gave a presentation to our editorial team. Read more 2020 Level: ekspert The foundations of monetary macroeconomics - Steve Keen | Exploring Economics Global Lecture Steve Keen Exploring Economics This syllabus provides an overview of the contents of the course "Understanding Economic Models" at the University of Helsinki. 2018 Level: początkujący Understanding Economic Models N. Emrah Aydinonat, Michiru Nagatsu University of Helsinki This course provides an introduction into the basic concepts of mainstream macroeconomics, including supply and demand in a competitive market, to all the usual introductory macroeconomic topics, and also to both international trade and the Foreign Exchange Market. Level: początkujący AP® Macroeconomics Clark Ross Davidson Next 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. 2017 Level: początkujący Understanding Capitalism Samuel Bowles, Frank Roosevelt, Richard Edwards, and Mehrene Larudee Oxford University Press This is the first intermediate microeconomics textbook to offer both a theoretical and real-world grounding in the subject. Relying on simple algebraic equations, and developed over years of classroom testing, it covers factually oriented models in addition to the neoclassical paradigm, and goes beyond theoretical analysis to consider practical realities. 1999 Level: zaawansowane Intermediate Microeconomics Lester O. Bumas M.E. Sharpe IS-LM is perhaps the prime example of `cognitive dissonance' in economics, and is problematic to many economists. On the one hand, the IS-LM model is still taught by many academic economists or they use it to derive the AD-AS approach. On the other hand, the same economists realize the limitations of the basic IS-LM model and would not now use it for policy analysis, as they did in the past. The distinction between pedagogical and analytical efficacy is made by all the authors in this volume regarding the IS-LM model. 2012 Level: zaawansowane IS-LM and Modern Macroeconomics Warren Young, Ben-Zion Zilberfarb Springer Science & Business Media 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: początkujący Economics Colander, David C. Mcgraw-Hill Education