How is knowledge generated? In what way do theories contribute to this process and how do they relate to empirical findings? What assumptions are made about the phenomena under investigation? How do social sciences differ from natural sciences in this context?

These are exemplary issues that concern the philosophy of science in general. The philosophy of science in relation to economics – the philosophy of economics – applies these questions to its area of expertise.

The course Introduction to Philosophy of Economics (Wissenschaftstheoretische Grundlagen der Ökonomik) first introduces a range of approaches to and theories of the philosophy of economics and relates them to different schools of economic thought. The second half of the course focuses on the (controversial) academic debate on pluralist economics and its role within economics.