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Economic Schools of Thought: Labour Perspectives

What are the differents schools of economic thought? Have you ever thought that thay respond to different historical contexts? Is there one better than the other? Why are they different and what is their approach regarding labour?
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  1. Introduction
    1. Origins of economic theory
  2. The classical school 
    1. Adam Smith
    2. Ricardo’s value theory
    3. Karl Marx
    4. Final notes on labour for the classical school
  3. Neoclassical school ( marginalists + Marshall)
    1. Historical background & conformation of neoclassical school
    2. From the labour value theory to utility theory
    3. Marshall value theory
    4. The creation of a labour market
    5. The neoclassical understanding of unemployment
  4. Keynes
    1. Historical background
    2. Keynes’ critics to the (neo)classics
    3. Keynesian new theories
  5. The New Models
    1. History strikes back
    2. Friedman’s return to (neo)classic
    3. Neoclassics’ school revisited: the theory of human capital
    4. Institutionalism and new Marxism
    5. Feminist economics
    6. Ecological economics
  6. Conclusions
    1. New context, same orthodoxy spirit
    2. The Theoretical Approach of the New Orthodoxy in Labour Economics

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Course Includes

  • 6 Lessons
  • 18 Topics
  • 2 Quizzes

Source and Responsibility

This platform is co-funded by the European Union’s Erasmus+ programme for Adult Education.

The European Commission’s support for the production of this learning platform does not constitute an endorsement of the contents, which reflect the views only of the authors, and the Commission cannot be held responsible for any use which may be made of the information contained therein.

 

Amazing to study such a diversity of topics and various perspectives on economics!
Mary McLain
Mary McLainStudent, Ireland
An ambitious project. Sometimes long texts, but well structured and highly enriching. Feel the sense of such a platform.
Mirko Singer
Mirko SingerTrainer, Germany
International, European insights from the authors of seven countries make this platform unique!
Mariana Bonzaro
Mariana BonzaroAdult Educator, Spain
Great to bring daily live perspectives together with the bigger horizon of society and economy as a whole. Helps really to better understand what occurs around me.
John Miller
John MillerStudent, Poland

Se permite la redistribución de este trabajo y su contenido como Recurso Educativo Abierto (REA). Por favor, cite como sigue: "Fresh Up Economics. Towards Economic Literacy in Europe" por el equipo del proyecto Fresh Up, CC BY-SA 4.0 resh Up Economics. Towards Economic Literacy in Europe" by Fresh Up project team, CC BY-SA 4.0

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