BA_ETD Economic Theories Development

University of Finance and Administration
Winter 2014
Extent and Intensity
2/0. 5 credit(s). Type of Completion: zk (examination).
Teacher(s)
doc. Mgr. Ing. Petr Wawrosz, Ph.D. (seminar tutor)
Guaranteed by
doc. Mgr. Ing. Petr Wawrosz, Ph.D.
Department of Economics and Management – Departments – University of Finance and Administration
Contact Person: Tamara Urbánková
Timetable of Seminar Groups
BA_ETD/pBMPH: Mon 14:00–14:44 E224, Mon 14:45–15:30 E224, P. Wawrosz
BA_ETD/pMCPH: Mon 12:15–12:59 E304, Mon 13:00–13:45 E304, P. Wawrosz
Prerequisites
Microeconomics I, Macroeconomics I
Course Enrolment Limitations
The course is offered to students of any study field.
Course objectives
The aim of the course is to complete the knowledge from the basic courses of economics (micro- and macroeconomics), in concrete terms the historical context of the development of economics. After finishing the course the students: 1. Will be able to understand the conditions for individual theoretical schools’ formation and their interconnection. 2. Will be able to explain the contribution of individual schools of economic thought. 3. Will be able to orientate in key persons of economics and their main works.
Syllabus
  • 1. Ancient and mediaveal philosophy, mercantilism and cameralism. 2. Predecessors of classics, physiocratism. 3. Classical political economy (A. Smith, D. Ricardo, the completion of the system). 4. German historical school (three generations). 5. K. Marx and marxism, socialist theories (early and late utopian socialism). 6. Neoclassical economics (Vienna school, Lausanne and Cambridge schools; C. Menger, A. Marshall and others). 7. Neo-austrian school (F. A. Hayek), J. A. Schumpeter. 8. Institutionalism (T. Veblen) and new institutionalism (R. H. Coase). 9. Keynesianism, Keynes, neo-keynesianism, (J. R. Hicks and others). 10. Post-keynesianism, new keynesianism. 11. Chicago school (M. Friedman), new classical economists (R. Lucas), supply-side economics, theory of public choice, neo-ricardianism. 12. Czech economic thought (K. Engliš, J. Macek and others) – voluntarily.
Literature
    required literature
  • Náhradní obsah: Sandmo, A. (2011) Economics evolving: A History of Economic Thought. Princeton : Princeton University Press.
    recommended literature
  • Milonakis, Dimitris; Fine, Ben 2009. From Political Economy to Economics: Method, the social and the historical in the evolution of economic theory. London: Routledge. ISBN 978-0-415-42322-9. (Available on-line in study materials)
  • Skousen, Mark 2001. The Making of Modern Economics. The Lives and Ideas of the Great Thinkers. London: M. R. Sharpe. ISBN 0-7656-0479-5. (Available on-line in study materials)
  • Rothbard Murray, N. 1995. Economic Thought Before Adam Smith (An Austrian Perspective of the History of Economic Thought, Volume I). Cheltenham: Edward Elgar Publishing. ISBN: 0-945466-48-X. (Available on-line in study materials)
  • Rothbard Murray, N. 1995. Classical Economics (An Austrian Perspective on the of the History of Economic Thought, Volume II). Cheltenham: Edward Elgar Publishing. ISBN: ISBN: 0-945466-48-X. (Available on-line in study materials)
  • Scerpanti, Ernesto; Zamagni, Stefano 2005. An Outline of the History of Economic Thought. Oxford: Oxford University Press. ISBN 0–19–927913–6. (Available on-line in study materials)
    not specified
  • Medema, Steven G.; Samuels, Warren J. (edited) 1998. Lionel Robbins: A History of Economic Thought: The LSE Lectures. Princeton: Princeton University Press. ISBN 0-691-07014-8. (Available on-line in study materials)
Teaching methods
Lectures and seminars on the present form of the study. Students should attend at least 60 % of the lectures, otherwise they receive additional homework.
Assessment methods
The course is finished with a written exam. Details about exam are told to students on the first and last lesson.
Language of instruction
English
Further comments (probably available only in Czech)
The course can also be completed outside the examination period.
Information on the extent and intensity of the course: 8 hodin KS/semestr.
The course is also listed under the following terms Winter 2012, Summer 2013, Winter 2013, Summer 2014, Winter 2015, Winter 2016, Winter 2017, Winter 2018, Winter 2019, Winter 2020, Winter 2021.
  • Enrolment Statistics (Winter 2014, recent)
  • Permalink: https://is.vsfs.cz/course/vsfs/winter2014/BA_ETD