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Nov 24, 2024
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ECON 320 - History of Economic Thought Units: 3 The key theories and individuals in the history of economic thought including Adam Smith, David Ricardo, and Karl Marx.
Prerequisites: ECON 200 and ECON 205. Equivalent Quarter Course: ECON 3170. Possible Instructional Methods: Entirely On-ground. Grading: A-F grading only. Course Typically Offered: Fall Alternate Years
Student Learning Outcomes - Upon successful completion of this course students will be able to: - Understand the evolution of modern microeconomic theories from the ancient Greeks, Medieval, and the Classical writers;
- Understand the evolution of modern macroeconomic theories from the ancient Greeks, the Mercantilists, the Physiocrats, and the Classical writers;
- Understand the sources of controversy in modern economics: mainstream and heterodox approaches;
- Understand the sources of competing economic policy perspectives;
- Appreciate well-developed economic theories and distinguish them from inconsistent ones.
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