Economics 310 - History of Economic Thought II:Neoclassical and Keynesian Economics

Institution:

Bard College

Subject:

Description:

An examination of the development of economic thought through the past century, beginning with Alfred Marshall, originator of the graphical analysis of demand and supply. Indepth coverage is given to the emergence of the now dominant neoclassical (anticlassical?) school of economic thought and the Keynesian revolution in macroeconomic theory and policy after 1936. Efforts to synthesize neoclassical and Keynesian views are examined; the views of dissenting schools of thought are briefly reviewed. Finally, some hard questions are considered: How have the central issues of economic science been defined and redefined across the centuries? Is economics today on the right path-have its practitioners taken the right turns or the wrong ones? Which analytical problems have been resolved, and which still await solution? Prerequisite: one economics course; 210 is recommended but not required.

Credits:

4.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.bard.edu

Phone Number:

(845) 758-6822

Regional Accreditation:

Middle States Association of Colleges and Schools

Calendar System:

Semester

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