History of Economic Thought

Aims of the course

The objective of the course is to present the main stages in the development of economic theory, and to emphasize the relevant methodological, analytical and policy aspects of various schools in the history of economic thought. To develop the ability of critical comparative analysis of different approaches and paradigms in the evolution of economic theory.

Course syllabus

1. Methodological aspects of the history of economic thought. 2. The beginnings of economic thought - Ancient world and the Middle Ages. 3. Mercantilism. 4. Early classical authors. 5. Classical political economy. 6. Socialist economic thought. 7. Marginalist revolution and the rise of neoclassical economics. 8. Institutionalism. 9. Theories of the business cycle. 10. Keynesian revolution in economic theory. 11. Theories of imperfect competition. 12. Neoclassical synthesis. 13. Monetarism and the theory of rational expectations. 14. New Keynesian and Post-Keynesian economics. 16. New neoclassical synthesis.

Course director(s)

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  • Office Hours
  • Thursday at 13:15 in P-308
 
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