Philosophy and epistemology of the economics

lecon2061  2025-2026  Louvain-la-Neuve

Philosophy and epistemology of the economics
5.00 credits
30.0 h
Q2
Language
English
Main themes
The teacher of the course will focus his remarks on two main issues: (1) How economists do they work and they say what they do? What about their claim to "do science"? What is a science ? (2) The work of economists and what they say is there any consistency in depth? The economy, as social science, is it really "serving society", and if so, how? In short it is structured education with a first phase of "epistemology positive" and a second component of "critical epistemology". Not favor one of these two parts of the course would be an apology simplistic current practice of discipline, a critical free and exaggerated.
Learning outcomes

At the end of this learning unit, the student is able to :

1 Epistemology is the study of the formation and circulation of knowledge. The epistemology of science economic examines how economists produce their statements about the business world, how they move these claims, and the consistency of their knowledge. After completing this course, students should have an economist image clearer and more specific assumptions, methods and "black boxes"; of economic science. It should be able to articulate both the strengths and weaknesses of the economic approach, and better understand the tension between the desire for "scientific"; (which often tend to want to unify the field of economy) and the desire to " Explanatory plurality";(which tend instead to refuse unification). In sum, it is in the course of the debate between those who believe the current economy is becoming a science and those who think it has always been, and can only be a " ideology".
 
Content
This course being currently rethought, the sections "Thèmes abordés" and "Acquis d'apprentissage" may not correspond to the current version of the course.
In the year 2025-206, the course will aim to introduce students to the philosophy of economics by contrasting different philosophical perspectives on a range of important economic issues, such as the ethics of taxation and redistribution, the equity/efficiency trade-off, unemployment, labor exploitation, growth and sustainability, or workplace democracy.
Teaching methods
After a general introduction to the philosophy of economics, this course will be based on a list of assigned readings, which will be discussed in class, with the instructor providing complementary information to enhance the discussions. Students are invited to adopt an active learning attitude. They will learn to develop a personal reflection nourished by philosophical readings and in-class discussions.
Evaluation methods
For all examination sessions, students will be asked to write a short essay on a topic of their choice, drawing on the course's readings and discussions, and they will be invited to defend it in an oral exam.
Other information
The use of generative AI for assistance in the writing of the final essay will be strictly forbidden. The only use allowed is a spellchecker allowing for self-correction and learning.
Bibliography
Atkinson, A. B. (2015). Inequality: What can be done?. Harvard University Press.
Chancel, L. (2020). Unsustainable inequalities: Social justice and the environment. Harvard University Press.
Fleurbaey, M. (1996). Théories économiques de la justice. Economica.
Fleurbaey, M., & Blanchet, D. (2013). Beyond GDP: Measuring welfare and assessing sustainability. Oxford University Press.
Hausman, D. M. (2003). "Philosophy of economics". Stanford Encyclopedia of Philosophy.
Roemer, J. E. (1996). Theories of distributive justice. Harvard University Press.
Sen, A. (1999). On ethics and economics. Oxford University Press.
Ferreras, I., Malleson, T., & Rogers, J. (Eds.). (2024). Democratizing the corporation: The bicameral firm and beyond. Verso.
Teaching materials
  • Slides du cours (fournis par l'enseignant) disponibles à l'avance sur Moodle
Faculty or entity


Programmes / formations proposant cette unité d'enseignement (UE)

Title of the programme
Sigle
Credits
Prerequisites
Learning outcomes
Certificat d'université en éthique et société

Master [120] in Ethics

Master [120] in Philosophy

Master [120] in Economics: General