ESF:BPE_DET1 Economic Theories 1 - Course Information

BPE_DET1 History of Economic Theories 1

Extent and Intensity

2/2/0. 10 credit(s). Type of Completion: zk (examination).

Teacher(s)

Mgr. Josef Menšík, Ph.D. (lecturer)
doc. Ing. Libor Žídek, Ph.D. (lecturer)
Ing. Roman Holík (seminar tutor)

Guaranteed by

Mgr. Josef Menšík, Ph.D.
Department of Economics – Faculty of Economics and Administration
Contact Person: Mgr. Jarmila Šveňhová
Supplier department: Department of Economics – Faculty of Economics and Administration

Timetable

Thu 14:00–15:50 P101

• Timetable of Seminar Groups:

BPE_DET1/01: Wed 18:00–19:50 P103, R. Holík
BPE_DET1/02: Wed 14:00–15:50 S301, R. Holík
BPE_DET1/03: Wed 16:00–17:50 P106, R. Holík
BPE_DET1/04: Thu 12:00–13:50 P201, J. Menšík

Course Enrolment Limitations

The course is also offered to the students of the fields other than those the course is directly associated with.

fields of study / plans the course is directly associated with

there are 30 fields of study the course is directly associated with, display

Course objectives

This subject offers a comprehensive review of development of economic thinking, with emphasis on the process of the rise and development of economics. The aim is to form basic prerequisites for understanding the basic context of economic development, understanding the major milestones as the basis for grasping the changes of 20th century theory. Basic topics cover the following: General characteristics of the classical school and the key position of A. Smith in the process of founding the economic science. Causes of differentiation in the doctrine of the classical school. Main trends of criticism in the middle of 19th century and the rise of alternative economic theories. Relationship of open problems of the classical school doctrine and the marginalistic revolution. Theory of marginal utility of the Austrian school. Characteristics and theoretical contribution of neo-classical theory. Development of keynesian economy and modern neo-classical theory

Learning outcomes

After passing the course, the student will be able:
- to provide a basic account of the development of economic thought
- to understand the relevance and the limits of the basic types of economic reasoning

Syllabus

• 1. From economic thought to economic science. Economic thought of ancient Greece and Rome
• . 2. The medieval economic thought and Mercantilism
• . 3. French fysiocratic school
• 4. Political economy of A. Smith and evolution of the classical political economy I (1790 – 1830)
• 5. Classical political economy II (1830 – 1870)
• 6. German historical school
• 7. Social and socialist economic thought. Political economy of K. Marx
• 8. The marginalist revolution in economics.The austrian school.
• 9. Development of the neoclassical economics
• 10. J. M. Keynes and keynesian economy in the second half of the 20th century
• 11. Liberal economy in the 20th century
• 12. Anti keynesian revolution and new classical economics
• 13. The Czech economic thought
• .

Literature

• HOLMAN, Robert. Dějiny ekonomického myšlení. 3. vyd. Praha: C.H. Beck, 2005, xxv, 539. ISBN 8071793809. info

Teaching methods

Lectures and seminars based on pre-reading of primary sources

Assessment methods

The course has a form of a lecture and a seminar. Credit requirements: 3 credit tests, presentation of knowledge in seminars. The course is concluded by a written exam.

Language of instruction

Czech

Further comments (probably available only in Czech)

Study Materials
The course is taught annually.
General note: Přednášky jsou dostupné online a ze záznamu.
Information on course enrolment limitations: max. 20 cizích studentů; cvičení pouze pro studenty ESF a studenty mateřských oborů

Listed among pre-requisites of other courses

• BPE_SDET Seminar in the History of Economic Theory
  NOW(BPE_DET1)  

• Enrolment Statistics (Autumn 2019, recent)
  
• Permalink: https://is.muni.cz/course/econ/autumn2019/BPE_DET1