ECON 333 - History of Economic Thought

Institution:

Trinity College

Subject:

Description:

The course presents an overview of the evolution of economic ideas from the ancient Greeks and Romans through the development of modern microeconomics and macroeconomics in the 20th century. The classical economics of Adam Smith, David Ricardo, and Thomas Malthus are explained, along with the ideas of Karl Marx. The "marginalist revolution" of the 1870s serves as the basis for tracing the evolution of modern theories of the logic of choice, markets, prices, competition, and the firm. In addition, the emergence of modern macroeconomics will be analyzed from the Keynesian Revolution of the 1930s to "counter-revolution" of monetarism and new classical economics in the 1960s and 1970s, as well as from the revival of "Austrian" macroeconom Prerequisite: C- or better in Economics 101 and Ecomomics 301. 1.00 units, Lecture

Credits:

0.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.Trincoll.edu

Phone Number:

(860) 297-2000

Regional Accreditation:

New England Association of Schools and Colleges

Calendar System:

Semester

The Course Profile information is provided and updated by third parties including the respective institutions. While the institutions are able to update their information at any time, the information is not independently validated, and no party associated with this website can accept responsibility for its accuracy.