Universität Wien

180009 SE Modelling in Economics (2024W)

5.00 ECTS (2.00 SWS), SPL 18 - Philosophie
Continuous assessment of course work

Summary

Registration/Deregistration

Note: The time of your registration within the registration period has no effect on the allocation of places (no first come, first served).
Registration information is available for each group.

Groups

Group 1

max. 15 participants
Language: English
LMS: Moodle

Lecturers

Classes (iCal) - next class is marked with N

  • Thursday 03.10. 11:30 - 13:00 Hörsaal 2G, NIG Universitätsstraße 7/Stg. II/2.Stock, 1010 Wien
  • Thursday 10.10. 11:30 - 13:00 Hörsaal 2G, NIG Universitätsstraße 7/Stg. II/2.Stock, 1010 Wien
  • Thursday 17.10. 11:30 - 13:00 Hörsaal 2G, NIG Universitätsstraße 7/Stg. II/2.Stock, 1010 Wien
  • Thursday 31.10. 11:30 - 13:00 Hörsaal 2G, NIG Universitätsstraße 7/Stg. II/2.Stock, 1010 Wien
  • Thursday 07.11. 11:30 - 13:00 Hörsaal 2G, NIG Universitätsstraße 7/Stg. II/2.Stock, 1010 Wien
  • Thursday 14.11. 11:30 - 13:00 Hörsaal 2G, NIG Universitätsstraße 7/Stg. II/2.Stock, 1010 Wien
  • Thursday 21.11. 11:30 - 13:00 Hörsaal 2G, NIG Universitätsstraße 7/Stg. II/2.Stock, 1010 Wien
  • Thursday 28.11. 11:30 - 13:00 Hörsaal 2G, NIG Universitätsstraße 7/Stg. II/2.Stock, 1010 Wien
  • Thursday 05.12. 11:30 - 13:00 Hörsaal 2G, NIG Universitätsstraße 7/Stg. II/2.Stock, 1010 Wien
  • Thursday 12.12. 11:30 - 13:00 Hörsaal 2G, NIG Universitätsstraße 7/Stg. II/2.Stock, 1010 Wien
  • Thursday 09.01. 11:30 - 13:00 Hörsaal 2G, NIG Universitätsstraße 7/Stg. II/2.Stock, 1010 Wien
  • Thursday 16.01. 11:30 - 13:00 Hörsaal 2G, NIG Universitätsstraße 7/Stg. II/2.Stock, 1010 Wien
  • Thursday 23.01. 11:30 - 13:00 Hörsaal 2G, NIG Universitätsstraße 7/Stg. II/2.Stock, 1010 Wien
  • Thursday 30.01. 11:30 - 13:00 Hörsaal 2G, NIG Universitätsstraße 7/Stg. II/2.Stock, 1010 Wien

Group 2

max. 15 participants
Language: English
LMS: Moodle

Lecturers

Classes (iCal) - next class is marked with N

  • Thursday 03.10. 11:30 - 13:00 Hörsaal 2G, NIG Universitätsstraße 7/Stg. II/2.Stock, 1010 Wien
  • Thursday 10.10. 11:30 - 13:00 Hörsaal 2G, NIG Universitätsstraße 7/Stg. II/2.Stock, 1010 Wien
  • Thursday 17.10. 11:30 - 13:00 Hörsaal 2G, NIG Universitätsstraße 7/Stg. II/2.Stock, 1010 Wien
  • Thursday 31.10. 11:30 - 13:00 Hörsaal 2G, NIG Universitätsstraße 7/Stg. II/2.Stock, 1010 Wien
  • Thursday 07.11. 11:30 - 13:00 Hörsaal 2G, NIG Universitätsstraße 7/Stg. II/2.Stock, 1010 Wien
  • Thursday 14.11. 11:30 - 13:00 Hörsaal 2G, NIG Universitätsstraße 7/Stg. II/2.Stock, 1010 Wien
  • Thursday 21.11. 11:30 - 13:00 Hörsaal 2G, NIG Universitätsstraße 7/Stg. II/2.Stock, 1010 Wien
  • Thursday 28.11. 11:30 - 13:00 Hörsaal 2G, NIG Universitätsstraße 7/Stg. II/2.Stock, 1010 Wien
  • Thursday 05.12. 11:30 - 13:00 Hörsaal 2G, NIG Universitätsstraße 7/Stg. II/2.Stock, 1010 Wien
  • Thursday 12.12. 11:30 - 13:00 Hörsaal 2G, NIG Universitätsstraße 7/Stg. II/2.Stock, 1010 Wien
  • Thursday 09.01. 11:30 - 13:00 Hörsaal 2G, NIG Universitätsstraße 7/Stg. II/2.Stock, 1010 Wien
  • Thursday 16.01. 11:30 - 13:00 Hörsaal 2G, NIG Universitätsstraße 7/Stg. II/2.Stock, 1010 Wien
  • Thursday 23.01. 11:30 - 13:00 Hörsaal 2G, NIG Universitätsstraße 7/Stg. II/2.Stock, 1010 Wien
  • Thursday 30.01. 11:30 - 13:00 Hörsaal 2G, NIG Universitätsstraße 7/Stg. II/2.Stock, 1010 Wien

Information

Aims, contents and method of the course

An important question in the philosophy of economics is how economic models relate to the world we live in. Clearly, economic models only reflect at best some of the factors that are relevant for the economic systems of interest. This then raises important questions, such as:

• Do economic models provide useful insight on how the economy functions? How do they provide such insights?
• How do economic models represent, explain or predict?
• How can we assess the fruitfulness of economic modeling?
• To what extent is economics different from other natural and/or social sciences?

This course addresses the aforementioned questions, both from the perspectives of economics and the philosophy of science. The main goal is to get acquainted with different philosophical and methodological accounts of economic modeling, and to use them to get a better understanding of the different roles models play in economics.

Assessment and permitted materials

Active participation in the seminars
Online discussion in Moodle
Co-chairing: each student needs to co-chair one class
Group work: a presentation and a co-authored report

Minimum requirements and assessment criteria

Active participation (10%), online discussion (20%), chairing a class (10%), and group work (a presentation and a co-authored report (60%). All aforementioned components of the course have to be fulfilled for the successful completion of the grade. One unexcused absence is permitted.

Grading table
1 - (excellent) 90 - 100 points
2 - (good) 81 - 89 points
3 - (satisfactory) 71 - 80 points
4 - (sufficient) 61 - 70 points
5 - (insufficient) 0 - 60 points

Active participation in the seminars:
You need to attend to at least 11 classes and participate actively in the discussion. All assignments have to be done. NB: If you have more absences than one, and you have serious medical or other reasons to excuse your absence, please inform about this as soon as possible.

Readings:
You have to prepare for the classes by reading the readings well enough to be able to summarize and discuss their basic argument(s).

Online discussion:
You have to submit a question on each of the readings to the Moodle. The questions should include a short justification of no more than 100 words. The question should be of a general/methodological/philosophical nature, and not any factual question that could be addressed by a google search. You have to send a question on the readings to the Moodle, and also comment on at least one question sent by some other student. You are also expected to familiarize yourself with all the questions of the other students ahead of the class.

Co-chairing:
Each student needs to co-chair one class. This involves a) reading the Moodle discussion and giving a short overview of the online discussion, and b) choosing and reformulating 2-3 questions on readings, at least one question/reading, for further discussion in break-out groups. The co-chairs also need to provide the reformulated chosen questions in a written form to be handed in the class to the students (max. 100 words/ question), and to moderate the discussion of those questions in class. For the moderation to succeed, it is important to include all the students into the discussion!

Examination topics

A co-authored report on the group work that addresses one of the topics of the seminar presenting also an economic case. The report should be 4000-5000 words long, including references. The group work participants also anonymously evaluate the input of the other co-authors of the group work.

Reading list


Association in the course directory

Last modified: We 25.09.2024 08:06