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 Germanland, 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
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 macro-economic variables and distribution issues from different perspec-tives,
- distinguish methodological foundations of macroeconomic analysis and to critically question them with regard to the underlying macroe-conomic model.
Course code
0899-23-01-VZ-DE-M14