Accompanying research of the IW junior pilot project
Education and social
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Our research profile
Description of the research focus areas and list of focus areas
An "isolating" economics, which detaches economic processes from the social, political and cultural context in the interest of the applicability of certain formal methods, runs the risk of not adequately capturing all aspects of economic reality. It needs to be supplemented by a socio-economic, contextual perspective. The main objective of the Chair's research is to relate the economy to its social environment and to focus on the interfaces between the economic system and other social subsystems. Institutional approaches seem to us to be particularly suitable for achieving this. In addition, we consider the tradition of thought of regulatory economics and the concept of the social market economy to be highly compatible with contextual approaches in economics. The consideration of social, cultural and normative factors in the analysis of economic processes, as practiced in both traditional and modern regulatory economics, can be seen as an important precursor to contextual economics. Furthermore, we see a great importance of theoretical-historical research to better understand the context in which economic ideas develop.
Key research areas
- Focus 1
- Focus 2
- Focus 3
- Focus area 4
- Priority 5
- Focus 6
- Focus 7
- Focus 8
Contact the professorship
Postal address
University of Siegen
Center for Economic Education in Siegen
Faculty III
University of Siegen
Kohlbettstraße 17
57072 Siegen
Visitor address
University of Siegen
Faculty of Arts and Humanities
AR-IF Level 0
Adolf-Reichwein-Str. 2
57076 Siegen
Secretariat
Please contact Monika Wagner