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ECN218 - History of Economic Thought

This course is the study of the evolution of economic theories and doctrines. The student is confronted with fundamental questions about economics which have been asked throughout history. What is the proper relationship of the individual with society at large? Do/should economic forces naturally work as moral forces in society? Where, and how, should society direct its means toward its ends? Is there really an equilibrium in economic life? What is the interplay and what are the tradeoffs between economic justice, economic efficiency and economic liberty? What is the role of historical change in causing change in economic theory? This is a history class about economics. Economic theory will be discussed in the context of those theory makers who provide fundamental ideas about the discipline through different eras of history with each featured particular economic problems.

Credit Hours: 3

Course Fees: $0.00

Academic Catalog 16-17