ECN 340 ,341 - History of Economic Thought

Institution:

Muhlenberg College

Subject:

Description:

This course traces the development of systematic economic reasoning from the preMercantilist period to modern times. Attention is given to the influence of changing economic conditions and institutions on the progress of economic thought. The seminal ideas of Smith, Malthus, Ricardo, Marx, Walras, Marshall, Keynes, and others are examined. The schools of economic thinking that grew out of the work of these major contributors are studied, including Classical, Marginalist, NeoClassical, Institutionalist, Keynesian, and Radical economics. The evolution of mainstream economics from its early beginnings as laissezfaire political economy to its contemporary scientific approach is considered. The role of scientific methodology in economic inquiry is examined. The historical roots of current economic issues and debates are studied. Prerequisite: ECN 220 or 221 Intermediate Microeconomic Theory and ECN 222 or 223 Intermediate Macroeconomic Theory Meets general academic requirement W when offered as 341.

Credits:

4.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.muhlenberg.edu

Phone Number:

(484) 664-3100

Regional Accreditation:

Middle States Association of Colleges and Schools

Calendar System:

Semester

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