History of Economic Thought ((4 Credits))

Catalog description

History of Economic Thought examines major contributions to the field of economics through the development of ideas by the major thinkers. Systems of economic thought, theory and ideas, and consideration of application to former and current problems, are studied and compared in order to understand the historical development of the field. By the end of the course students should have developed a general understanding of the main approaches to the history of economic thought, a sound knowledge of the discipline of economics, and the ability to critically evaluate the major contributions to the theories of value, production, and distribution. The course satisfies economics skills in BME guidelines. Highly Recommended (not required): Appropriate Writing and internet and/or library research skills. This course was previously BME-213124 History of Economic Thought. Prerequisites: Microeconomics ( ECON 3080 ) and Macroeconomics ( ECON 2015 ), or equivalents.