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DEGREE REGULATIONS & PROGRAMMES OF STUDY 2010/2011
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DRPS : Course Catalogue : School of Economics : Economics

Undergraduate Course: History of Economic Thought (ECNM10018)

Course Outline
School School of Economics College College of Humanities and Social Science
Course type Standard Availability Available to all students
Credit level (Normal year taken) SCQF Level 10 (Year 3 Undergraduate) Credits 40
Home subject area Economics Other subject area None
Course website None Taught in Gaelic? No
Course description The History of Economic Thought is a major branch of both Economics and of the History of Ideas. It traces the development of economic theories and ideas from earliest times to the present. The emphasis is on `thought' rather than on `history', although for some topics a knowledge of the institutional background is indispensable, e.g. when studying the Ancient Greeks or classical monetary disputes. For each topic the development of the economic writers' ideas and theories is carefully set out and secondary literature considered. Biographical information is limited to identifying these writers in the chronology of economics and outlining the major intellectual influences upon them. The course aims to provide a survey of economic theories from Aristotle to Keynes and to give an opportunity to study particular economic ideas and theories in considerable depth. Topics covered include: Ancient Greeks and Aquinas; Mercantilism; Precursors of Adam Smith; Adam Smith; David Ricardo; Classical theories of value and distribution; Classical monetary theory; Malthus; Classical economic policy; Pre-Marxian Socialists; John Stuart Mill; Marx as a classical economist; Jevons; Austrian economics; Marshall on price theory; Marshall on economic methodology and economic policy; The Stockholm School; Keynes. As well as a direct knowledge and understanding of major contributions to economics over a long time span, the course provides general insights into economic methodology and reasoning, and helps to deepen understanding of modern economic analysis.
Entry Requirements
Pre-requisites Co-requisites
Prohibited Combinations Students MUST NOT also be taking History of Economic Thought 1 (ECNM10025) OR History of Economic Thought 2 (ECNM10026)
Other requirements Pre-requisite: Honours entry
Additional Costs None
Information for Visiting Students
Pre-requisites Visiting students should usually have at least 3 Economics courses at grade B or above (or be predicted to obtain this) for entry to this course. This MUST INCLUDE courses in both Macroeconomics and Microeconomics. We will only consider University/College level courses.
Displayed in Visiting Students Prospectus? Yes
Course Delivery Information
Delivery period: 2010/11 Full Year, Available to all students (SV1) WebCT enabled:  Yes Quota:  None
Location Activity Description Weeks Monday Tuesday Wednesday Thursday Friday
CentralLectureSeminar Rm 5, Chrystal McMillan Building1-11 11:10 - 13:00
CentralLectureS37, 7 George Square12-22 11:10 - 13:00
First Class Week 1, Monday, 11:10 - 13:00, Zone: Central. Chrystal McMillan Building Seminar Room 5
Exam Information
Exam Diet Paper Name Hours:Minutes Stationery Requirements Comments
Main Exam Diet S2 (April/May)3:0020 sidesc/w ECNM10025 ECNM10026
Summary of Intended Learning Outcomes
After successful completion of this course students should have developed their general skills of critical analyss and assessment; obtaining and processing information from a variety of sources; presentation and communication skills; interpersonal and groups skills; independent action and initiative; managing tasks and time.
Assessment Information
A 3 hour degree examination in Apri/May (70%) and two essays (one per term) each contributing 15% to the final grade.
Special Arrangements
None
Additional Information
Academic description Not entered
Syllabus Not entered
Transferable skills Not entered
Reading list Not entered
Study Abroad Not entered
Study Pattern Not entered
Keywords Not entered
Contacts
Course organiser Mr Donald Rutherford
Tel: (0131 6)50 8357
Email: D.Rutherford@ed.ac.uk
Course secretary Ms Dawn Mcmanus
Tel: (0131 6)50 8361
Email: Dawn.McManus@ed.ac.uk
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copyright 2011 The University of Edinburgh - 31 January 2011 7:34 am