Syllabus

Title
0179 Contemporary Challenges in Business and Economics
Instructors
Univ.Prof. Dr. Jesus Crespo Cuaresma, Univ.Prof. Dr. Jürgen Essletzbichler
Type
VUE
Weekly hours
2
Language of instruction
Englisch
Registration
09/30/22 to 10/02/22
Registration via LPIS
Notes to the course
Dates
Day Date Time Room
Tuesday 10/04/22 05:00 PM - 07:00 PM TC.0.10 Audimax
Tuesday 10/11/22 03:30 PM - 07:00 PM TC.0.10 Audimax
Tuesday 10/18/22 03:30 PM - 07:00 PM TC.0.10 Audimax
Tuesday 10/25/22 03:30 PM - 07:00 PM TC.0.10 Audimax
Tuesday 11/08/22 03:30 PM - 07:00 PM TC.0.10 Audimax
Tuesday 11/15/22 03:30 PM - 07:00 PM TC.0.10 Audimax
Friday 11/18/22 03:30 PM - 07:00 PM TC.0.10 Audimax
Wednesday 11/23/22 10:30 AM - 12:30 PM Präsenz-Prüfung
Contents

This module illustrates the complexity of global and local business, economic, social and environmental relationships that can be addressed only through the variety of theoretical frameworks and methodological tools available in the Social Sciences and practiced at WU. Understanding Economics and Socioeconomics broadly as disciplines that study how we organize society and transform nature in order to meet human needs, this course will demonstrate the centrality of Social Science research to understand and offer solutions to some of the contemporary challenges we face including globalization, climate change, inequality and poverty.

The course will focus on students critically engaging with the topics and working out how different theoretical lenses result in different research foci and questions that may yield potentially conflicting, yet scientifically valid explanations of and solutions to those challenges. In consequence, different research questions will necessitate and lead to a diversity of methodological and empirical strategies to address them. The course will emphasize the interactions between scientific research and policy making by demonstrating that theories, methodologies and evidence-based tools will allow to assess rigorously the potential solutions to selected global challenges.

Learning outcomes

After successful completion of the course students will be able to

  • understand selected contemporary social challenges and conflicts
  • evaluate and understand different theoretical economic and socioeconomic concepts and modelling tools to provide explanations of and solutions to those conflicts
  • appreciate the strength of multiple theoretical frameworks, methods and models to approach these challenges from multiple perspectives
  • understand that scientific evidence supports decision making processes and offers guidance for political decisions to address social and environmental challenges
  • develop sensitivity to distinguish between scientifically acceptable information and "fake" news
Attendance requirements

Students are required to attend 70% of the total amount of class contact hours.

Teaching/learning method(s)
  • Brief lectures by instructors
  • Self-guided reading
  • Videos
  • Group work and discussions
Assessment

In order to complete the course, students need to be present for 70% of the classes.

Final Exam: 40 points 

Weekly, in-class, online quizzes: 6 points per quiz (max. 30 points) (there will be a quiz on assigned compulsory readings in weeks 2, 3, 4, 5, 6, 7). The five best quizzes count

Group homeworks: Total of 30 points.

In-class discussions / participation: 1 bonus point per class (where applicable)

 

Grading Scheme:

Grade

Points

1

>= 87.5

2

75 - < 87.5

3

62.5 - < 75

4

50 - < 62.5

5

<50

Prerequisites for participation and waiting lists

a curious mind

Availability of lecturer(s)

If you have questions regarding the course please contact instructors by e-mail:

Prof. Jesus Crespo Cuaresma: jesus.crespo.cuaresma@wu.ac.at

Prof. Jürgen Essletzbichler: juergen.essletzbichler@wu.ac.at

E-Assistant: Flavio Serafini: flavio.serafini@wu.ac.at

Unit details
Unit Date Contents
1 07.10.2021

Introduction

Jesus Cuaresma Crespo; Jürgen Essletzbichler
TC 0.01: 3.30 - 5.30pm

 

Required Readings:

https://www.nytimes.com/2013/10/21/opinion/yes-economics-is-a-science.html

https://www.thecrimson.com/article/2013/12/13/economics-science-wang/

http://www.inf.fu-berlin.de/lehre/pmo/eng/Sagan-Baloney.pdf

Mankiw & Taylor (2017), Economics, 4th Edition: Chapter 2

2 12.10.2021

Globalization: Part 1

Jesus Cuaresma Crespo
TC 0.01: 3.30-19:00pm

 

Required readings:

tba

3 19.10.2021

Globalization: Part 2

Jürgen Essletzbichler
TC 0.01: 3.30-19:00pm

 

Required readings:

tba

4 29.10.2021

Poverty

Jesus Cuaresma Crespo
TC 0.01: 3.30-19:00pm

 

Required readings:

tba

5 02.11.2021

Inequality

Jürgen Essletzbichler
TC 0.01: 3.30-19:00pm

 

Required readings:

tba

6 09.11.2021

Climate Change Economics

Jesus Cuaresma Crespo
TC 0.01: 3.30-19:00pm

 

Required readings:

tba

7 16.11.2021

Climate Change Policy Conclusion

Klara Zwickl; Jürgen Essletzbichler
TC 0.01: 3.30-19:00pm

 

Required readings:

tba

8 23.11.2021

Final Exam

 

Last edited: 2022-11-21



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