PE 4470 - History of Economic Thought I

This course surveys the theories of economic growth, distribution, and value from the mercantilists to the Keynes. I divide the course into four units. In the first unit we analyze the economics of the mercantilists, the physiocrats, and the forerunners to the classical school. Next we study in detail the great classical school of economics, including the work of Smith, Malthus, and Ricardo. The focus then shifts in the third unit to the interpreters of the classical school--Mill and Marx. And finally, we end by studying the origins of modern economics by concentrating on the contributions of Marshall and Keynes to modern microeconomics and macroeconomics, respectively.
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