© 2018

Post-Crash Economics

Plurality and Heterodox Ideas in Teaching and Research

  • Omar Feraboli
  • Carlo J. Morelli

Table of contents

  1. Front Matter
    Pages i-xi
  2. Omar Feraboli, Carlo J. Morelli
    Pages 1-20
  3. Problems in Business Economics

  4. Problems in Micro Economics

  5. Problems in Financial Economics

    1. Front Matter
      Pages 197-197
    2. Luigi Ventimiglia
      Pages 231-255
  6. Back Matter
    Pages 257-265

About this book


This book demonstrates the continuing relevance of economics for understanding the world, through a restatement of the importance of plurality and heterodox ideas for teaching and research. The Great Financial Crash of 2007–8 gave rise to a widespread critique of economics for its inability to explain the most significant economic event since the 1930s. The current straightjacket of neo-classical undergraduate economic teaching and research hinders students’ understanding of the world they live in. The chapters in this book provide examples to demonstrate the importance of pluralistic and heterodox ideas from across the breadth of economics. The authors’ plurality of approach is indicative of the fact that economics is a much broader discipline than the dominant neo-classical orthodoxy would suggest. This volume provides undergraduate students with a range of alternative ideas and university lecturers with examples whereby the curricula have been broadened to include pluralist and heterodox ideas.

The quest for a rethinking of the university Economics curriculum has produced a lively and dynamic literature. This book goes further than others by exploring how heterodox approaches would enrich the syllabus not only in micro and macro economics but also in business, development and financial economics. It also considers approaches for engaging students with the Economics discipline. This book is essential for scholars and instructors who advocate a new curriculum if Economics is to be relevant for the real world.

___Alberto Paloni, University of Glasgow


Pluralism Teaching economics History of Economic Thought Business economics Economic development Economic criticism Neoclassical economics Applied microeconomics Heterodox economics Teacher education Post-crash economics The Great Recession Teaching financial economics

Editors and affiliations

  • Omar Feraboli
    • 1
  • Carlo J. Morelli
    • 2
  1. 1.Department of Economic StudiesUniversity of DundeeDundeeUnited Kingdom
  2. 2.Department of Economic StudiesUniversity of DundeeDundeeUnited Kingdom

About the editors

Omar Feraboli is Lecturer in Economics at the University of Dundee, UK. His main fields of research are international finance and international trade, in particular applied computable general equilibrium (CGE) models and trade policy issues.

Carlo J. Morelli is Senior Lecturer in Economics at the University of Dundee, UK, and has published work in economic and business history. His recent work includes studies of economic transformation, the management of decline in the jute industry and the food retailing industry.

Bibliographic information

Industry Sectors
Finance, Business & Banking