History of Economic Thought I

PE-4470-NE1

SUNY Old Westbury

  • Semester
    Summer 2024
  • Instructor
    Laurence Krause
  • Start Date
    07-15-2024
  • Total Credits
    4
  • Call to Register
    516-876-3092

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This course surveys the theories of economic growth, distribution, and value from the mercantilists to the Keynes. I divide the course into four units. In the first unit we analyze the economics of the mercantilists, the physiocrats, and the forerunners to the classical school. Next we study in detail the great classical school of economics, including the work of Smith, Malthus, and Ricardo. The focus then shifts in the third unit to the interpreters of the classical school--Mill and Marx. And finally, we end by studying the origins of modern economics by concentrating on the contributions of Marshall and Keynes to modern microeconomics and macroeconomics, respectively.
Prerequisites: (Undergraduate level PE 2420 Minimum Grade of D- or Undergraduate level PE 2420 Minimum Grade of TD-) and (Undergraduate level PE 2430 Minimum Grade of D- or Undergraduate level PE 2430 Minimum Grade of TD-)
Course Area: Economics
Level: Upper Level Undergraduate
Dates: 07-15-2024 - 08-16-2024
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Instructor: Laurence Krause
Local Course ID: 24SU_OLD_PE4470_NE1
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