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DEGREE REGULATIONS & PROGRAMMES OF STUDY 2011/2012
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DRPS : Course Catalogue : School of Economics : Economics

Undergraduate Course: History of Economic Thought 1 (ECNM10025)

Course Outline
SchoolSchool of Economics CollegeCollege of Humanities and Social Science
Course typeStandard AvailabilityAvailable to all students
Credit level (Normal year taken)SCQF Level 10 (Year 3 Undergraduate) Credits20
Home subject areaEconomics Other subject areaNone
Course website None Taught in Gaelic?No
Course descriptionThe 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 (not applicable to Visiting Students)
Pre-requisites Co-requisites
Prohibited Combinations Students MUST NOT also be taking History of Economic Thought (ECNM10018) OR History of Economic Thought 2 (ECNM10026)
Other requirements Pre-requisite: Honours entry.
Additional Costs None
Information for Visiting Students
Pre-requisitesNone
Displayed in Visiting Students Prospectus?Yes
Course Delivery Information
Delivery period: 2011/12 Semester 1, Available to all students (SV1) WebCT enabled:  No Quota:  None
Location Activity Description Weeks Monday Tuesday Wednesday Thursday Friday
CentralLecture7 Bristo Square, Lecture Theatre 41-11 11:10 - 13:00
First Class Week 1, Monday, 11:10 - 13:00, Zone: Central. 7 Bristo Square, Lecture Theatre 4
Exam Information
Exam Diet Paper Name Hours:Minutes
Main Exam Diet S2 (April/May)2:00
Delivery period: 2011/12 Semester 1, Part-year visiting students only (VV1) WebCT enabled:  No Quota:  None
Location Activity Description Weeks Monday Tuesday Wednesday Thursday Friday
CentralLecture7 Bristo Square, Lecture Theatre 41-11 11:10 - 13:00
First Class Week 1, Monday, 11:10 - 13:00, Zone: Central. 7 Bristo Square, Lecture Theatre 4
No Exam Information
Summary of Intended Learning Outcomes
After successful completion of this course students should have developed their general skills of critical analysis 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 2 hour degree examination in April/May (85%) and one essay (15%).


Visiting Student Variant Assessment
Two x 1500 word essays (85%) and one essay (15%).
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
KeywordsNot entered
Contacts
Course organiserMr Donald Rutherford
Tel: (0131 6)50 8357
Email: D.Rutherford@ed.ac.uk
Course secretaryMs Eirlys Armstrong
Tel: (0131 6)50 8361
Email: eirlys.armstrong@ed.ac.uk
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© Copyright 2011 The University of Edinburgh - 16 January 2012 5:55 am