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DEGREE REGULATIONS & PROGRAMMES OF STUDY 2017/2018

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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
Credit level (Normal year taken)SCQF Level 10 (Year 3 Undergraduate) AvailabilityNot available to visiting students
SCQF Credits20 ECTS Credits10
SummaryThe 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 Other requirements None
Course Delivery Information
Not being delivered
Learning Outcomes
On completion of this course, the student will be able to:
  1. 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.
  2. Research and investigative skills such as problem framing and solving and the ability to assemble and evaluate complex evidence and arguments.
  3. Communication skills in order to critique, create and communicate understanding.
  4. Personal effectiveness through task-management, time-management, dealing with uncertainty and adapting to new situations, personal and intellectual autonomy through independent learning.
  5. 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
KeywordsHET1
Contacts
Course organiserMr Donald Rutherford
Tel: (0131 6)50 8357
Email: D.Rutherford@ed.ac.uk
Course secretaryMrs Anna Domagala
Tel: (0131 6)51 5305
Email: Anna.Domagala@ed.ac.uk
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