Pluralist Macroeconomic Discourse on European Integration

  • Plural overview of economic theories and paradigms (neoclassicism, new macroeconomics, Keynesianism, post-Keynesianism, critical political economy) and their specific implications
  • Methodological differentiation of macroeconomic approaches
  • Focus on critical realism as a methodological approach to plural macroeconomic discourses
  • Comparison of central concepts and approaches of economic paradigms with regard to essential macroeconomic variables (growth and development, inflation, unemployment, macroeconomic imbalances) as well as questions of distribution and the European and international context

Mode of delivery

face to face

Type

compulsory

Recommended or required reading and other learning resources/tools

Jäger, Johannes/Springler, Elisabeth (2012): Ökonomie der internationalen Entwicklung, Wien/Berlin: Mandelbaum.
Snowdon, Brian/Vane, Howard R. (2005): Modern Macroeconomics, Cheltenham: Edward Elgar.
Dow, Sheila (1996): The Methodology of Macroeconomic Thought: A Conceptual Analysis of Schools of Thought in Economics, Cheltenham: Edward Elgar.
Further current and applied papers will be announced at the beginning of the semester. Examples:
Prates, Daniela (2020): Beyond Modern Money Theory: A Post-Keynesian Approach to the Currency Hierarchy, Monetary Sovereignty, and Policy Space, in: Review of Keynesian Economics, 8:4, S. 494–511.
Kaltenborn, Bruno (2021): Auswirkungen der ökologischen Transformation: Beschäftigungseffekte des Klimaschutzes in Deutschland, Working Paper Forschungsförderung, Düsseldorf, Hans-Böckler-Stiftung, Nr. 231, Nov. 2021.
Bernoth, Kerstin/Ider, Gökhan (2021): Inflation im Euroraum: Faktoren wirken meist nur temporär, aber Risiko für länger erhöhte Inflation vorhanden, DIW Wochenbericht, 42/2021.
Paech, Niko (2019): Wachstumskritik im Wandel. Ökologischen Anstand üben, in: Politische Ökologie, 37:157–158, S. 28–33.

Planned learning activities and teaching methods

Lecture, group work, student presentations, practical excercises

Assessment methods and criteria

Final exam (open book essay, individual task 60%) and continuous assessment parts (40%): problem-based case study as practical exercise (group task) (20%); 15% presentation of group task; 5% participation & performance

Prerequisites and co-requisites

None

Infos

Degree programme

Europäische Wirtschaftspolitik

Cycle

International Programme

ECTS Credits

5.00

Language of instruction

German

Curriculum

Full-Time

Academic year

2023

Semester

1 WS

Incoming

Yes

Learning outcome

After successful completion of the module, students can:

  • outline macroeconomic discourses and argumentations against the background of different paradigms,
  • apply methods of critical realism to macroeconomic analysis,
  • apply macroeconomic objectives to European and international fields of application on the basis of a pluralistic approach and to critically question them in the context of different macroeconomic models,
  • analyse the handling and the objectives of real and monetary macroeconomic variables and distribution issues from different perspectives,
  • distinguish methodological foundations of macroeconomic analysis and to critically question them with regard to the underlying macroeconomic model.

Course code

0899-23-01-VZ-DE-04