Course: Economics 493/593: The Evolution of Economic Ideas
Professor: Mark Thoma
Office: PLC 471 on T/Th 2:00-3:00 p.m.
Phone/Email: (541) 346-4673,
[email protected]
Web Page:
http://darkwing.uoregon.edu/~mthoma/
Text: The History of Economic Thought, 4th ed., by Landreth and Colander.
Prerequisites: Economics 311 and 313, or the equivalent.
Tests and Grading: There will be two midterms and a final. The midterms will be given on Tuesday, October 16th and Thursday, November 8th. The final will be given on Monday, December 3rd from 8:00 a.m. – 10:00 a.m. Each midterm is worth 30% and the final is worth 40%. Grades will be assigned according to your relative standing in the class.
Homework: Problem sets will be assigned periodically. These are not graded, but it is strongly recommended that you do them since exam questions will be based, in part, upon the problem sets.
Tentative Course Outline:
| Introduction | |
| The Mercantilists and the Physiocrats | ch. 3 |
| Adam Smith | ch. 4 |
| Ricardo, Malthus, and Say | ch. 5 |
| Bentham, Senior, and Mill | ch. 6 |
| Marx and His Critique of Classical Economics | ch. 7 |
| Jevons, Menger, and Marginalism | ch. 8 |
| Edgeworth, Clark, and Marginalism | ch. 9 |
| Marshall and the Neoclassical School | ch. 10 |
| Walras and General Equilibrium | ch. 11 |
| John Maynard Keynes | ch. 15 |
| More Recent Developments |
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