Saint-Louis University - Bruxelles
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ECGE1312 - History of the economic theories



Credits : 4

Lecturer :


Mode of delivery :
Face-to-face , first term, 30 hours of theory.

Language of instruction :
French

Learning outcomes :
The aim of this course is to provide the students with a wider understanding of economic theory by trying to show them “how we got there”, the evolutions and revolutions that led economy from its birth to its contemporary state.

Prerequisites :
Co-requisites :
None

Course contents :
We could have started with Aristotle but we will begin our investigation with Adam Smith. The following phases will be studied: classical political economy, from Adam Smith to John Stuart Mill, Marx's contribution to the economic theory, the marginalist revolution, the founding figures of the neo-classical theory, Marshall and Walras, the Keynesian revolution. Attention will be paid to the underlying ideological dimension of these evolutions, especially to debates between defenders and critics of economic liberalism.

Planned learning activities and teaching methods :
Such a study can be done in various ways. The way that we favour is the reading of texts written by the authors themselves, rather than using explanatory books. The method we will use will be explained during the first session.


Assessment methods and criteria :
Open book oral examination.


Recommended or required reading :
References will be given in class.
We will study the following authors: A. Smith, D. Ricardo, J.S.Mill, K. Marx, S.Jevons, L. Walras, A. Marshall, J.M. Keynes.


Other information :
Syllabus containing extracts from the works of studied authors. If necessary, slides will be provided. For a wider contact with the historical context in which these authors evolved Heilbroner's book, “Les grands économistes”, should be read.