Undergraduate Course: History of Economic Thought 1 (ECNM10025)

Course Outline
School	School of Economics	College	College of Humanities and Social Science
Credit level (Normal year taken)	SCQF Level 10 (Year 3 Undergraduate)	Availability	Available to all students
SCQF Credits	20	ECTS Credits	10
Summary	The course aims to provide a survey of economic theories from Aristotle to the Classical Economists of the eighteenth century and to give an opportunity to study particular economic ideas and theories in considerable depth.
Course description	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. The course is taught through a programme of lectures and seminars. 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. 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	Students MUST have passed: Economics 2 (ECNM08006)	Co-requisites
Prohibited Combinations	Students MUST NOT also be taking History of Economic Thought (ECNM10018) OR History of Economic Thought 2 (ECNM10026)	Other requirements	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.
High Demand Course?	Yes

Course Delivery Information

Academic year 2016/17, Available to all students (SV1)		Quota: 16
Course Start	Semester 1
Timetable	Timetable
Learning and Teaching activities (Further Info)	Total Hours: 200 ( Lecture Hours 20, Summative Assessment Hours 2, Programme Level Learning and Teaching Hours 4, Directed Learning and Independent Learning Hours 174 )
Assessment (Further Info)	Written Exam 85 %, Coursework 15 %, Practical Exam 0 %
Additional Information (Assessment)	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%).
Feedback	Not entered
Exam Information
Exam Diet	Paper Name		Hours & Minutes
Main Exam Diet S2 (April/May)			2:00

Academic year 2016/17, Part-year visiting students only (VV1)		Quota: 10
Course Start	Semester 1
Timetable	Timetable
Learning and Teaching activities (Further Info)	Total Hours: 200 ( Lecture Hours 20, Programme Level Learning and Teaching Hours 4, Directed Learning and Independent Learning Hours 176 )
Assessment (Further Info)	Written Exam 0 %, Coursework 100 %, Practical Exam 0 %
Additional Information (Assessment)	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%).
Feedback	Not entered
No Exam Information

Learning Outcomes
On completion of this course, the student will be able to: A knowledge and understanding of the development of ideas within the field of economics and a deeper understanding of recent research activity in some more specialised areas. Research and investigative skills such as problem framing and solving and the ability to assemble and evaluate complex evidence and arguments. Communication skills in order to critique, create and communicate understanding. Personal effectiveness through task-management, time-management, dealing with uncertainty and adapting to new situations, personal and intellectual autonomy through independent learning. Practical/technical skills such as qualitative analysis and general IT literacy.

Reading List
There is no single text that covers all aspects of this course at an appropriate level. A variety of advanced readings will be used.

Additional Information
Graduate Attributes and Skills	See Learning Outcomes
Keywords	HET1

Contacts
Course organiser	Mr Donald Rutherford Tel: (0131 6)50 8357 Email: D.Rutherford@ed.ac.uk	Course secretary	Mrs Anna Domagala Tel: (0131 6)51 5305 Email: Anna.Domagala@ed.ac.uk