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Course Information

Course Information

Course Title	Code	Semester	L+U Hour	Credits	ECTS
HISTORY OF ECONOMIC THOUGHT	PEC204	4. Semester	3 + 0	3.0	6.0

Prerequisites

None

Language of Instruction	English
Course Level	Bachelor's Degree
Course Type	Compulsory
Mode of delivery
Course Coordinator
Instructors
Assistants
Goals	This course aims at providing answers to the following questions: (1) How did the economic ideas after the Economic Revolution (sixteenth century) evolve into Classical Political Economy? (2) How did the Marginal Revolution and Neo-Classical School transform the methodology and postulates of economic science in the classical era? (3) What use is contemporary evolutionary thinking for the history of (economic) ideas?
Course Content	This course aims at providing answers to the following questions: (1) How did the economic ideas after the Economic Revolution (sixteenth century) evolve into Classical Political Economy? (2) How did the Marginal Revolution and Neo-Classical School transform the methodology and postulates of economic science in the classical era? (3) What use is contemporary evolutionary thinking for the history of (economic) ideas? Doing all this, we will question the received view in the historiography of economics that the history of economic ideas is simply a linear assembly of a number of successive theories and abstract / mathematical models. We will argue that the economic science has been a part of the intellectual history, that we should consider the philosophical and social backgrounds of each economic thinker.
Learning Outcomes	1) Explains the dynamics of economic thought in the social and ideological development 2) Describes the historical roots of fundamental concepts in economic theory, 3) Describes the historical conditions in which the different economy schools arose