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ECON 642

History of Economic Ideas

Catalog2026-2027
Credits3 units
LevelGraduate
Average gradeB
Standard

Overview

Description

An overview of the history of economic thought, examining the contributions of leading economists and key schools of thought from classical economists to recent advances in economic science recognized by the Nobel Prize.

Units

Lecture3

Catalog Details

Offering

Offered: Every Fall

Terms

fall

Attributes

Standard

Learning Outcomes

  • identify and discuss the contributions of prominent economists, both historical and contemporary.
  • critically appraise these contributions, considering their relevance to economic and social challenges at the time of their writing and their lasting impact on the discipline.
  • identify recent contributions to the field of economics and discuss their significance to current understanding and practice.
  • explain the benefits of a market-based economy and identify areas where government intervention in the free market is likely to increase aggregate well-being.
  • clearly communicate their interpretation of significant economic ideas and theories, both in writing and orally.