Inhalt

[ 928SPPOEROK20 ] KS Epistemology and Economics

Versionsauswahl
Workload Education level Study areas Responsible person Hours per week Coordinating university
3 ECTS M1 - Master's programme 1. year Economics Julian Reiss 2 hpw Johannes Kepler University Linz
Detailed information
Original study plan Master's programme Social Economics 2025W
Learning Outcomes
Competences
  • Students are able to critically analyse the epistemological foundations of economic theories and assess their implications for policy and practice.
  • They develop the ability to evaluate the reliability and limitations of different sources of knowledge in economics, including theories, empirical data, and mathematical models.
  • They are capable of independently reflecting on the role of economic knowledge in political decision-making processes and societal development and formulating arguments for its critical evaluation.
Skills Knowledge
  • Compare and contrast different epistemological approaches in economics and situate them within broader philosophical traditions (k4).
  • Analyse the role of assumptions, models, and abstractions in economic theory-building (k4).
  • Evaluate the strengths and weaknesses of empirical methods in economics, including statistical and experimental approaches (k5).
  • Apply epistemological criteria to assess the validity and reliability of economic predictions and policy recommendations (k3).
  • Interpret and synthesise interdisciplinary perspectives on economic knowledge, including insights from philosophy, sociology, and history (k5).
  • Develop well-founded critiques of economic paradigms based on epistemological considerations (k6).
  • Key epistemological positions (e.g. realism, positivism, constructivism) and their significance for economic thought.
  • Methodological debates in economics, including the role of formal models, empirical evidence, and counterfactual reasoning.
  • The historical development of epistemological perspectives in economics, from classical political economy to contemporary debates in heterodox and mainstream economics.
Criteria for evaluation
Language German
Changing subject? No
Earlier variants They also cover the requirements of the curriculum (from - to)
928OKUPEUOK10: KS Epistemology and Economics (2010W-2020S)
On-site course
Maximum number of participants 100
Assignment procedure Assignment according to priority