Kies de Nederlandse taal
Course module: 30L205-B-6
Philosophy, Science and Free Markets
Course info
Course module30L205-B-6
Credits (ECTS)6
CategoryBA (Bachelor)
Course typeCourse
Language of instructionEnglish
Offered byTilburg University; Tilburg School of Economics and Management; TISEM Other;
Is part of
B Econometrics and Operations Research
B Economics and Business Economics
B Economics
dr. D.S.M. Deweer
Other course modules lecturer
dr. M.M.P. Vlerick
Other course modules lecturer
Academic year2019
Starting block
SM 1
Course mode
Registration openfrom 19/08/2019 up to and including 24/01/2020
Philosophy of science (first part)
After the successful completion of this part of the course:
Goal 1: The student will be able to engage in critical thinking. (S)he can detect systematic reasoning errors or biases.
Goal 2: (S)he can explain why these biases occur.
Goal 3: (S)he can explain how these biases lead to domains of irrationality.
Goal 4: (S)he can explain how we can protect our reasoning against a number of important biases discussed in this course and can apply these insights in practical situations.
Goal 5: (S)he can explain when and why consumers and investors often act  irrationally, and how the economic actor can protect herself against these biases.
Goal 6: (S)he can distinguish scientific from pseudoscientific theories.
Goal 7: (S)he can explain what the core aspects of the scientific method are and how they protect against important biases.
Free Markets (second part)
1.  The student can reproduce and discuss important criticisms of the standard economic view on the description (what), explanation (why) and meaning (what for) of the free market and the free market system.
2.  The student can reproduce and discuss as well as analyze and contrast various views on the what, why and what-for of the free market and the free market system, in particular as regards their moral, political and cultural aspects.
3. The student can relate these views on the free market to contemporary economic and political discussions and analyze and assess these discussions in light of these theories.
4.  The student can reproduce and discuss contemporary theories on the moral limits of the market and can elementary analyze and evaluate these theories.

Part 1 - Philosophy of science

Consists of a written exam and a writing assignment.
4.1. Exam
The midterm exam counts for 70% of the final mark for Philosophy of science.
The midterm exam consists of 4 open questions.
The exam material consists of all required readings as well as everything discussed in the lectures and tutorials (take notes!).
A resit exam will be organized (look at the exam schedule for details).
4.2. Writing assignment
The remaining 30% of the final mark will be determined by the individual writing assignment.
The assignment will be announced during a lecture and posted on Blackboard.
A resit opportunity for the assignment will be offered.
Deadline assignment: Friday October 5th 2018 (17h30).
Deadline resit assignment: Monday January 21st 2019 (17h30).

part 2 - Philosophy of Free Markets

This part of the course is examined by a final exam and a writing assignment.
4.1. The final exam
The final exam determines 70 percent of the final mark of this part.
It will consist of open questions and multiple choice questions.
The required material for the final exam consists of all required literature and all lectures (i.e., lecture notes).
The final exam can be retaken (check the exam schedule for details).
4.2. The writing assignment
The writing assignment determines 30 percent of the final mark of this part.
The assignment will be issued during the first tutorial and on Blackboard. The deadline for submission of the assignment is December 7th 2018 (5.30 pm).
The tutorials will help students to fulfil the assignment. In particular, students will be able to receive feedback during tutorial 3.
There is a resit for the writing assignment. The resit deadline is January 21st 2019 (5.30 pm).
Course available for exchange students
Conditions of admission apply
Contact person
dr. M.M.P. Vlerick
Timetable information
Philosophy, Science and Free Markets
Written test opportunities
Written test opportunities (HIST)
Midterm (35%) / Midterm (35%)MIDTERM_01SM 1118-10-2019
Schriftelijk (35%) / Written (35%)EXAM_01SM 1120-12-2019
Schriftelijk (35%) / Written (35%)EXAM_01SM 1223-01-2020
Required materials
Recommended materials
Assignment 1 (15%)

Assignment 2 (15%)

Written (35%)

Final Result

Midterm (35%)

Kies de Nederlandse taal