History of Economic Thought

Catalog description

This course will trace the evolution of economic thinking from the Scholastics through the early twentieth century. Major groups and thinkers covered include Scholasticism, Mercantilism, Laissez-faire, Liberalism, Utilitarianism, Marxism, Neoclassicism, Keynesianism, Monetarism, and Austrian Economics. Upon successful completion of the course students should be able to distinguish between the main schools and thinkers in the history of economic thought and to understand the foundations of the approaches in the economics of the 19th, 20th and 21st centuries. Prerequisites: (ECON 231, 231, 222, 222, 2100 , 2100 , 2200 or 2200 ).