605.231 (19S) Austrian School of Economics

Sommersemester 2019

Registration deadline has expired.

First course session
05.03.2019 16:30 - 18:00 B02.2.13 (L.2.2.12) Off Campus
... no further dates known

Overview

Lecturer
Course title german Austrian School of Economics
Type Seminar (continuous assessment course )
Hours per Week 2.0
ECTS credits 4.0
Registrations 5 (20 max.)
Organisational unit
Language of instruction English
Course begins on 05.03.2019
eLearning Go to Moodle course
Remarks (english)

The course will be held en bloc 15-18 April 2019.

Seniorstudium Liberale Yes

Time and place

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Course Information

Intended learning outcomes

Students of economics and related fields who are interested in the Austrian heritage of economic theory and methodology and in current work done by members of the Austrian School (which are mostly located outside of Austria). The approach is interdisciplinary and international and partly uses history of thought and economic philosophy.

Teaching methodology including the use of eLearning tools

Focus of the seminar are presentations of the participants (professors and students) about selected topics in Austria Economics. 

Course content

Topics of presentations by the professors: 

1. Carl Menger and the foundations of Austrian economics (GC)

2. Ludwig von Mises and the Socialist Debate (RN)

3. The migration of Austrian Economics to the USA (RN)

4. Defining the Austrian paradigm (RN)

5. Market process and the economics of order (RN)

6. “Mengerian” Austrian economics (GC)

7.  Entrepreneurship in the Austrian perspective: from Carl Menger to Israel Kirzner via Josef Schumpeter (GC)

8.  Aristotelianism in the History of Austrian Thought in Economics (GC)

Possible topics of presentations by students:

- Austrian methodology

- Spontaneous order

- Austrian business cycle theory

- Organizations and markets

- Public choice and Austrian Economics

- Complexity and Austrian Economics

- Austrian Economics after the Great Recession

Further topics may be proposed by interested students.

Literature

Shand, Alexander H, The capitalist alternative: an introduction to Neo-Austrian economics. Brighton, Suss.: Harvester Wheatsheaf 1984 (introductory).

Vaughn, Karen I., Austrian economics in America: the migration of a tradition. Cambridge et al.: Cambridge Univ. Press, 1994 (for presentations by RN).

Campagnolo, Gilles, Criticisms of classical political economy: Menger, Austrian economics and the German Historical School. London et al.: Routledge 2010 (for presentations by CG; students who wish minimal reading may limit themselves to Part III).

Boettke, Peter J.; Coyne, Christopher J. (eds.), The Oxford Handbook of Austrian Economics. Oxford et al.: Oxford University Press 2015 (for presentations by students).

For students who prefer to read German texts, we recommend:

Neck, Reinhard (ed.), Die Österreichische Schule der Nationalökonomie. Frankfurt am Main et al.: Peter Lang 2008.

Campagnolo, Gilles (ed.), Carl Menger. Neu erörtert unter Einbeziehung nachgelassener Texte / Discussed on the Basis of New Findings, Frankfurt am Main et al.: Peter Lang 2008.

Campagnolo, Gilles, Deutsche Archive in Japan und das Beispiel: Carl Menger und sein Verständnis der Nikomachischen Ethik des Aristoteles – mit der Liste deutscher und österreichischer Archive von Sozialwissenschaftlern in universitären Sondersammlungen in Japan. In: H. Kurz (ed.), Der Einfluss deutschsprachigen wirtschaftswissenschaftlichen Denkens in Japan, Schriften des Vereins für Socialpolitik (Gesellschaft für Wirtschafts- und Sozialwissenschaften), 115, N.F. XXVII, Studien zur Entwicklung der Ökonomischen Theorie, Duncker & Humblot: Berlin, 131-177.

Further literature will be communicated at the kick-off meeting.

Examination information

Im Fall von online durchgeführten Prüfungen sind die Standards zu beachten, die die technischen Geräte der Studierenden erfüllen müssen, um an diesen Prüfungen teilnehmen zu können.

Examination methodology

Active participation in the discussions is an important part of the seminar. Oral presentations and written reports will be required.

Grading scheme

Grade / Grade grading scheme

Position in the curriculum

  • Bachelor's degree programme Business Administration (SKZ: 518, Version: 18W.1)
    • Subject: Volkswirtschaftslehre (Compulsory elective)
      • 20.1 SVWL Volkswirtschaftslehre I ( 0.0h VO, KS, VC, SE / 4.0 ECTS)
        • 605.231 Austrian School of Economics (2.0h SE / 4.0 ECTS)
          Absolvierung im 3., 4., 5., 6. Semester empfohlen
  • Bachelor's degree programme Business Administration (SKZ: 518, Version: 18W.1)
    • Subject: Volkswirtschaftslehre (Compulsory elective)
      • 20.2 SVWL Volkswirtschaftslehre II ( 0.0h VO, KS, VC, SE / 4.0 ECTS)
        • 605.231 Austrian School of Economics (2.0h SE / 4.0 ECTS)
          Absolvierung im 3., 4., 5., 6. Semester empfohlen
  • Bachelor's degree programme Business Administration (SKZ: 518, Version: 18W.1)
    • Subject: Volkswirtschaftslehre (Compulsory elective)
      • 20.3 SVWL Volkswirtschaftslehre III ( 0.0h VO, KS, VC, SE / 4.0 ECTS)
        • 605.231 Austrian School of Economics (2.0h SE / 4.0 ECTS)
          Absolvierung im 3., 4., 5., 6. Semester empfohlen
  • Bachelor's degree programme Business Administration (SKZ: 518, Version: 18W.1)
    • Subject: Freie Wahlfächer (Optional subject)
      • Freie Wahlfächer ( 0.0h XX / 9.0 ECTS)
        • 605.231 Austrian School of Economics (2.0h SE / 4.0 ECTS)
          Absolvierung im 4., 5., 6. Semester empfohlen
  • Bachelor's degree programme Applied Business Administration (SKZ: 518, Version: 14W.3)
    • Subject: Vertiefung aus Volkswirtschaftslehre (Compulsory elective)
      • §10(1) Vertiefung aus Volkswirtschaftslehre ( 2.0h KS / 4.0 ECTS)
        • 605.231 Austrian School of Economics (2.0h SE / 4.0 ECTS)
  • Bachelor's degree programme Applied Business Administration (SKZ: 518, Version: 14W.3)
    • Subject: Vertiefung aus Volkswirtschaftslehre (Compulsory elective)
      • §10(1) Vertiefung aus Volkswirtschaftslehre ( 2.0h KS / 4.0 ECTS)
        • 605.231 Austrian School of Economics (2.0h SE / 4.0 ECTS)
  • Bachelor's degree programme Applied Business Administration (SKZ: 518, Version: 14W.3)
    • Subject: Freie Wahlfächer (Optional subject)
      • §11 Freie Wahlfächer ( 0.0h XX / 10.0 ECTS)
        • 605.231 Austrian School of Economics (2.0h SE / 4.0 ECTS)
  • Bachelor's degree programme Applied Business Administration (SKZ: 518, Version: 12W.1)
    • Subject: Vertiefung Volkswirtschaftslehre (Compulsory elective)
      • Vertiefung Volkswirtschaftslehre ( 2.0h KS / 4.0 ECTS)
        • 605.231 Austrian School of Economics (2.0h SE / 4.0 ECTS)
  • Bachelor's degree programme Applied Business Administration (SKZ: 518, Version: 12W.1)
    • Subject: Freie Wahlfächer (Optional subject)
      • Freie Wahlfächer ( 0.0h XX / 10.0 ECTS)
        • 605.231 Austrian School of Economics (2.0h SE / 4.0 ECTS)
  • Master's degree programme Applied Business Administration (SKZ: 918, Version: 12W.4)
    • Subject: Freie Wahlfächer (Optional subject)
      • Freie Wahlfächer ( 0.0h XX / 6.0 ECTS)
        • 605.231 Austrian School of Economics (2.0h SE / 4.0 ECTS)
  • Master's degree programme Business and Law (SKZ: 909, Version: 12W.4)
    • Subject: Freie Wahlfächer (Optional subject)
      • Freie Wahlfächer ( 0.0h XX / 6.0 ECTS)
        • 605.231 Austrian School of Economics (2.0h SE / 4.0 ECTS)
  • Doctoral programme Doctoral programme in Social and Economic Sciences (SKZ: 300, Version: 18W.1)
    • Subject: Studienleistungen gem. § 3 Abs. 2a des Curriculums (Compulsory subject)
      • Studienleistungen gem. § 3 Abs. 2a des Curriculums ( 0.0h XX / 80.0 ECTS)
        • 605.231 Austrian School of Economics (2.0h SE / 4.0 ECTS)
  • Doctoral programme Doctoral programme in Social and Economic Sciences (SKZ: 300, Version: 12W.4)
    • Subject: Studienleistungen gem. § 3 Abs. 2a des Curriculums (Compulsory subject)
      • Studienleistungen gem. § 3 Abs. 2a des Curriculums ( 40.0h XX / 80.0 ECTS)
        • 605.231 Austrian School of Economics (2.0h SE / 4.0 ECTS)
  • Doctoral programme Doctoral programme in Social and Economic Sciences (SKZ: 784, Version: 12W.4)
    • Subject: Studienleistungen gem. § 3 Abs. 2a des Curriculums (Compulsory subject)
      • Studienleistungen gem. § 3 Abs. 2a des Curriculums ( 40.0h XX / 80.0 ECTS)
        • 605.231 Austrian School of Economics (2.0h SE / 4.0 ECTS)
  • Doctoral programme Doctoral programme in Social and Economic Sciences (SKZ: 784, Version: 09W.2)
    • Subject: Lehrveranstaltungen auf postgradualem Niveau (Compulsory subject)
      • Lehrveranstaltungen auf postgradualem Niveau ( 6.0h SE / 0.0 ECTS)
        • 605.231 Austrian School of Economics (2.0h SE / 4.0 ECTS)
  • Doctoral programme Doctoral programme in Social and Economic Sciences (SKZ: 784, Version: 09W.2)
    • Subject: Spezielle Lehrveranstaltungen (Compulsory subject)
      • Spezielle Lehrveranstaltungen ( 6.0h LV / 0.0 ECTS)
        • 605.231 Austrian School of Economics (2.0h SE / 4.0 ECTS)

Equivalent courses for counting the examination attempts

This course is not assigned to a sequence of equivalent courses