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Introduction to Economic Theories

Learn four major economic theories: Social, Institutional, Post Keynesian, and Neoclassical. Explore diverse perspectives on economics.

Learn four major economic theories: Social, Institutional, Post Keynesian, and Neoclassical. Explore diverse perspectives on economics.

This course offers a unique pluralist approach to economics, introducing students to four distinct economic theories: Social Economics, Institutional Economics, Post Keynesian economics, and Neoclassical Economics. The curriculum covers a wide range of topics in both microeconomics and macroeconomics, presenting each through the lens of these different theoretical perspectives. Students will learn to understand and critically evaluate various economic viewpoints, enabling them to analyze economic issues from multiple angles. The course combines theoretical discussions with practical calculations and policy applications, providing a comprehensive foundation in economic thinking beyond the standard neoclassical approach.

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Introduction to Economic Theories

This course includes

40 Hours

Of Self-paced video lessons

Beginner Level

Completion Certificate

awarded on course completion

2,435

What you'll learn

  • Understand and compare four major economic theories: Social, Institutional, Post Keynesian, and Neoclassical

  • Analyze microeconomic concepts from multiple theoretical perspectives

  • Explore macroeconomic issues using diverse economic approaches

  • Apply basic economic calculations relevant to policy and economic life

  • Evaluate the strengths and limitations of different economic theories

  • Develop critical thinking skills in analyzing economic problems

Skills you'll gain

economic theories
pluralist economics
microeconomics
macroeconomics
social economics
institutional economics
post keynesian economics
neoclassical economics

This course includes:

16.5 Hours PreRecorded video

12 quizzes

Access on Mobile, Tablet, Desktop

FullTime access

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There are 8 modules in this course

This comprehensive course introduces students to four major economic theories: Social Economics, Institutional Economics, Post Keynesian economics, and Neoclassical Economics. It covers a broad range of topics in both microeconomics and macroeconomics, presenting each through the lens of these different theoretical perspectives. The curriculum includes detailed explorations of individuals and households, firms and markets, the state, factor markets, real and monetary economy, growth and trade, and issues related to nature, wellbeing, and poverty. Throughout the course, students will learn to critically evaluate economic issues from multiple angles, understand the strengths and limitations of each theoretical approach, and apply various economic calculations. The pluralist approach enables students to develop a more nuanced understanding of economic phenomena and policy alternatives beyond the standard neoclassical model.

Introduction to Pluralist Economics

Module 1 · 1 Hours to complete

Micro Economics: Individuals, Households and Consumers

Module 2 · 2 Hours to complete

Micro Economics: Firms and Markets

Module 3 · 12 Hours to complete

Micro Economics: The state

Module 4 · 1 Hours to complete

Micro Economics: Factor Markets

Module 5 · 2 Hours to complete

Macro Economics: Real and Monetary Economy

Module 6 · 4 Hours to complete

Macro Economics: Growth and Trade

Module 7 · 13 Hours to complete

Macro Economics: Nature and Wellbeing & Poverty

Module 8 · 4 Hours to complete

Fee Structure

Payment options

Financial Aid

Instructors

Rob van Tulder
Rob van Tulder

4.6 rating

801 Reviews

1,95,872 Students

5 Courses

Professor of International Business-Society Management

Prof. Rob van Tulder, who serves as professor of international business-society Management at Rotterdam School of Management, Erasmus University Rotterdam, has dedicated his academic career to addressing what he terms 'wicked problems' at the intersection of business and society, bringing his diverse background in political sciences, particularly international relations, and economics, especially development economics, to bear on a wide range of scholarly publications covering innovation, sustainability, small countries, regional integration, and skills, while also directing the Partnerships Resource Centre since 2009, which provides research and advice to support cross-sector partnerships for sustainable development goals worldwide, and has developed an innovative educational approach called 'skill sheets,' encompassing both a book and website widely adopted by universities, reflecting his commitment to teaching and research from multiple perspectives.

Irene van Staveren
Irene van Staveren

4.8 rating

89 Reviews

73,429 Students

1 Course

Prof. dr.

Irene van Staveren, PhD, is a professor of pluralist development economics at the International Institute of Social Studies at Erasmus University Rotterdam. With 18 years of experience teaching introductory economics in a pluralist manner, she has contextualized the subject for a diverse range of countries, both developed and developing. Her PhD dissertation, which earned the Gunnar Myrdal Prize in 2000, was published as The Values of Economics, a book that has been used in courses worldwide. In 2015, she published a pluralist economics textbook, Economics after the Crisis, and was invited by the Dutch branch of the global student movement Rethinking Economics to support their initiatives. Professor van Staveren is also a member of the Dutch think tank The Sustainable Finance Lab, where she collaborates with the financial sector in the Netherlands to advocate for a more stable and sustainable financial system. Additionally, she is part of the core group of the Source network on policy action at the London-based New Economics Foundation. Outside of her academic and professional endeavors, Irene enjoys rowing, running, tango dancing, drumming, reading, and hiking, and she is a proud mother of two children who embody pluralism in their approach to life.

Introduction to Economic Theories

This course includes

40 Hours

Of Self-paced video lessons

Beginner Level

Completion Certificate

awarded on course completion

2,435

Testimonials

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4.5 course rating

340 ratings

Frequently asked questions

Below are some of the most commonly asked questions about this course. We aim to provide clear and concise answers to help you better understand the course content, structure, and any other relevant information. If you have any additional questions or if your question is not listed here, please don't hesitate to reach out to our support team for further assistance.