Universität Wien FIND
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040291 UK Keynesanism and Monetarism (BA) (2018W)

economic theories and methodological positions

4.00 ECTS (2.00 SWS), SPL 4 - Wirtschaftswissenschaften
Continuous assessment of course work

Details

max. 50 participants
Language: English

Lecturers

Classes (iCal) - next class is marked with N

Wednesday 03.10. 16:45 - 18:15 Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday 10.10. 16:45 - 18:15 Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday 17.10. 16:45 - 18:15 Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday 24.10. 16:45 - 18:15 Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday 31.10. 16:45 - 18:15 Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday 07.11. 16:45 - 18:15 Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday 14.11. 16:45 - 18:15 Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday 21.11. 16:45 - 18:15 Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday 28.11. 16:45 - 18:15 Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday 05.12. 16:45 - 18:15 Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday 12.12. 16:45 - 18:15 Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday 09.01. 16:45 - 18:15 Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday 16.01. 16:45 - 18:15 Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday 23.01. 16:45 - 18:15 Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday 30.01. 16:45 - 18:15 Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock

Information

Aims, contents and method of the course

Aims:
The aim of this course is to introduce students to the wide ranging and important debates in economics between representatives of keynesian and monetarist positions. These debates were most prominent and important in the history of macroeconomic ideas, especially in the second half of the 19th century and in the 20th century and are still most influential in present day discussions. The Keynesians’ and monetarists’ methodological and epistemological position will be considered as well.
Objectives:
Diligent students will learn to make sense of and evaluate the theoretical and historical background, as well as the achievements and main criticisms of the debates between Monetarists and Keynesians
Method:
Teaching consists in one unbroken 90-minute lecture/seminar weekly. The language of instruction is English. Students are required to attend the course on a regular basis and to contribute in a lively manner to discussions at all classes. Students are required to prepare for every meeting on the basis of different texts and questions distributed in advance. Answers to questions have to be handed in in writing; They also have to present their answers in one 20 min substantial talk at one particular meeting.

Assessment and permitted materials

Art der Leistungskontrolle (Basis of Evaluation)
Efforts of students are evaluated on the basis of critical contributions to discussions, talks, and written answers. Contributions, talks and answers will be evaluated according to the clarity, precision, logical structure and completeness regarding the problems and arguments discussed.

Minimum requirements and assessment criteria

Rewards and Requirements (Mindestanforderungen und Beurteilungsmaßstab)
In order to conclude this course successfully students have to hand in answers to all questions in writing, to present one substantial talk of about 20 min and to contribute in a lively manner to discussions at all classes.

Examination topics

Problem situations, problems and solutions discussed in the course.

Reading list

Principal Reading
J. M. Keynes, The General Theory of Employment, Interest, and Money, Harcourt, Brace, 1936, chaps 2, 3, 13, 15, and 14.
M. Friedman, ‘The Quantity Theory of Money – A Restatement’, in: M. Friedman (ed), Studies in the Quantity Theory of Money, Chicago 1956. Also in: Readings in Macroeconomics, M.G. Mueller (ed.), London etc. 1966, pp. 146 – 161.

Association in the course directory

MA HPS: M3

Last modified: We 13.03.2019 11:07