180175 SE Modelling in Economics (2023W)
Continuous assessment of course work
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ON-SITE
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 is open from Mo 04.09.2023 09:00 to Su 10.09.2023 23:59
- Registration is open from Mo 18.09.2023 09:00 to Su 24.09.2023 23:59
- Deregistration possible until Tu 31.10.2023 23:59
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
- Tuesday 10.10. 11:30 - 13:00 Hörsaal 2i NIG 2.Stock C0228
- Tuesday 17.10. 11:30 - 13:00 Hörsaal 2i NIG 2.Stock C0228
- Tuesday 24.10. 11:30 - 13:00 Hörsaal 2i NIG 2.Stock C0228
- Tuesday 31.10. 11:30 - 13:00 Hörsaal 2i NIG 2.Stock C0228
- Tuesday 07.11. 11:30 - 13:00 Hörsaal 2i NIG 2.Stock C0228
- Tuesday 14.11. 11:30 - 13:00 Hörsaal 2i NIG 2.Stock C0228
- Tuesday 21.11. 11:30 - 13:00 Hörsaal 2i NIG 2.Stock C0228
- Tuesday 28.11. 11:30 - 13:00 Hörsaal 2i NIG 2.Stock C0228
- Tuesday 05.12. 11:30 - 13:00 Hörsaal 2i NIG 2.Stock C0228
- Tuesday 12.12. 11:30 - 13:00 Hörsaal 2i NIG 2.Stock C0228
- Tuesday 09.01. 11:30 - 13:00 Hörsaal 2i NIG 2.Stock C0228
- Tuesday 16.01. 11:30 - 13:00 Hörsaal 2i NIG 2.Stock C0228
- Tuesday 23.01. 11:30 - 13:00 Hörsaal 2i NIG 2.Stock C0228
- Tuesday 30.01. 11:30 - 13:00 Hörsaal 2i NIG 2.Stock C0228
Group 2
max. 15 participants
Language: English
LMS: Moodle
Lecturers
Classes (iCal) - next class is marked with N
- Tuesday 10.10. 11:30 - 13:00 Hörsaal 2i NIG 2.Stock C0228
- Tuesday 17.10. 11:30 - 13:00 Hörsaal 2i NIG 2.Stock C0228
- Tuesday 24.10. 11:30 - 13:00 Hörsaal 2i NIG 2.Stock C0228
- Tuesday 31.10. 11:30 - 13:00 Hörsaal 2i NIG 2.Stock C0228
- Tuesday 07.11. 11:30 - 13:00 Hörsaal 2i NIG 2.Stock C0228
- Tuesday 14.11. 11:30 - 13:00 Hörsaal 2i NIG 2.Stock C0228
- Tuesday 21.11. 11:30 - 13:00 Hörsaal 2i NIG 2.Stock C0228
- Tuesday 28.11. 11:30 - 13:00 Hörsaal 2i NIG 2.Stock C0228
- Tuesday 05.12. 11:30 - 13:00 Hörsaal 2i NIG 2.Stock C0228
- Tuesday 12.12. 11:30 - 13:00 Hörsaal 2i NIG 2.Stock C0228
- Tuesday 09.01. 11:30 - 13:00 Hörsaal 2i NIG 2.Stock C0228
- Tuesday 16.01. 11:30 - 13:00 Hörsaal 2i NIG 2.Stock C0228
- Tuesday 23.01. 11:30 - 13:00 Hörsaal 2i NIG 2.Stock C0228
- Tuesday 30.01. 11:30 - 13:00 Hörsaal 2i NIG 2.Stock C0228
Information
Aims, contents and method of the course
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
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 pointsActive 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 contact the TA 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 by noon on Monday, and also comment on at least one question sent by some other student by 5 pm on Monday. 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!
1 - (excellent) 90 - 100 points
2 - (good) 81 - 89 points
3 - (satisfactory) 71 - 80 points
4 - (sufficient) 61 - 70 points
5 - (insufficient) 0 - 60 pointsActive 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 contact the TA 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 by noon on Monday, and also comment on at least one question sent by some other student by 5 pm on Monday. 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
Lecture 1: IntroductionLecture 2:
Morgan, Mary S. 2012. The World in the Model: How Economists Work and Think. Cambridge: Cambridge University Press. (pp. 1-43)Lecture 3:
Rodrik, Dani. 2016. Economics Rules: The Rights and Wrongs of the Dismal Science. New York: W.W. Norton & Company. Chapters 1-2 (pages 13-49)Lecture 4:
Schelling, Thomas C. 1978. Micromotives and Macrobehavior, chapter 5: 137-56.Sugden, Robert. 2000. “Credible Worlds: The Status of Theoretical Models in Economics.” Journal of Economic Methodology 7 (1): 1–31. https://doi.org/10.1080/135017800362220.Lecture 5:
Pissarides, Chris. 1992. ”Loss of Skill During Unemployment and the Persistence of Unemployment Shocks.” Quarterly Journal of Economics 107: 1371-1391.Cartwright, Nancy. 1999. “The Vanity of Rigour in Economics: Theoretical Models and Galilean Experiments.” Discussion paper series 43/99. Centre for Philosophy of Natural and Social Science.Lecture 6:
Weisberg, Michael. 2007. “Three Kinds of Idealization.” The Journal of Philosophy 104 (12): 639–59. https://doi.org/10.5840/jphil20071041240.Lecture 7:
Knuuttila, Tarja. 2011. "Modelling and Representing: An Artefactual Approach to Model-Based Representation". Studies in History and Philosophy of Science Part A, Model-Based Representation in Scientific Practice, 42 (2): 262–71.Elgin, Catherine Z. 2004. “True Enough.” Philosophical Issues, 14: 113–131.Lectures 8-11:
Group work presentationsLecture 12:
Conclusions
Morgan, Mary S. 2012. The World in the Model: How Economists Work and Think. Cambridge: Cambridge University Press. (pp. 1-43)Lecture 3:
Rodrik, Dani. 2016. Economics Rules: The Rights and Wrongs of the Dismal Science. New York: W.W. Norton & Company. Chapters 1-2 (pages 13-49)Lecture 4:
Schelling, Thomas C. 1978. Micromotives and Macrobehavior, chapter 5: 137-56.Sugden, Robert. 2000. “Credible Worlds: The Status of Theoretical Models in Economics.” Journal of Economic Methodology 7 (1): 1–31. https://doi.org/10.1080/135017800362220.Lecture 5:
Pissarides, Chris. 1992. ”Loss of Skill During Unemployment and the Persistence of Unemployment Shocks.” Quarterly Journal of Economics 107: 1371-1391.Cartwright, Nancy. 1999. “The Vanity of Rigour in Economics: Theoretical Models and Galilean Experiments.” Discussion paper series 43/99. Centre for Philosophy of Natural and Social Science.Lecture 6:
Weisberg, Michael. 2007. “Three Kinds of Idealization.” The Journal of Philosophy 104 (12): 639–59. https://doi.org/10.5840/jphil20071041240.Lecture 7:
Knuuttila, Tarja. 2011. "Modelling and Representing: An Artefactual Approach to Model-Based Representation". Studies in History and Philosophy of Science Part A, Model-Based Representation in Scientific Practice, 42 (2): 262–71.Elgin, Catherine Z. 2004. “True Enough.” Philosophical Issues, 14: 113–131.Lectures 8-11:
Group work presentationsLecture 12:
Conclusions
Association in the course directory
Last modified: We 08.11.2023 13:47
• 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 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.