Introduction and early beginnings: ancient and medieval economic thought; mercantilism and the dawn of capitalism; the classical period, Adam Smith, David Ricardo; reactions and alternatives to classical theory, Karl Marx and scientific socialism; neo-classical school Keynesian and post-Keynesian theories; monetarist theories.
History of Economic Thought (ECON 400)
Programs\Type | Required | Core Elective | Area Elective |
BA- Political Science | |||
BA-Cultural Studies | |||
BA-Cultural Studies | |||
BA-Economics | |||
BA-Economics | |||
BA-International Studies | |||
BA-International Studies | |||
BA-Management | |||
BA-Management | |||
BA-Political Sci.&Inter.Relat. | |||
BA-Political Sci.&Inter.Relat. | |||
BA-Social & Political Sciences | |||
BA-Visual Arts&Visual Com.Des. | |||
BA-Visual Arts&Visual Com.Des. | |||
BS-Biological Sci.&Bioeng. | |||
BS-Computer Science & Eng. | |||
BS-Computer Science & Eng. | |||
BS-Electronics Engineering | |||
BS-Electronics Engineering | |||
BS-Industrial Engineering | |||
BS-Manufacturing Systems Eng. | |||
BS-Materials Sci. & Nano Eng. | |||
BS-Materials Science & Eng. | |||
BS-Mechatronics | |||
BS-Mechatronics | |||
BS-Microelectronics | |||
BS-Molecular Bio.Gen.&Bioeng | |||
BS-Telecommunications |
CONTENT
OBJECTIVE
Refer to the course content.
LEARNING OUTCOME
By the end of this course, a student should be able to:
(1) Describe the evolution of main stream economic analysis from the time of the ancient Greeks to the present day in the framework of European economic history.
(2) Identify how the thought process of the great minds in economics provides valuable insights and lessons for today?s economists.
(3) Identify how ideas are related to the times in which they emerge. What role does the environment play in development of economic theory.
(4) Examine how knowledge grows, both in factual content and in the theories used to organise and understand the acts.
(5) Describe large themes over a relatively long span of European history.
(6) Deploy historical argument, based on professional standards of evidence use. Ability to judge between the views of different historians on the topic.
(7) Analyze the present economic political issue which the EU is facing with the help of European economic history and European history of economic thought.
(8) Develop independent study and group work skills.
(9) Formulate and discuss core theoretical ideas and their application to various economic issues.
(10) Comprehend issues relating to European integration
Update Date:
ASSESSMENT METHODS and CRITERIA
Percentage (%) | |
Final | 50 |
Midterm | 30 |
Assignment | 20 |
RECOMENDED or REQUIRED READINGS
Readings |
"A History of Economic Theory and Method", Robert B. Ekuland & Robert F. Hebert, Mc Graw-Hill International Editions, New York 1997. |