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COURSE OUTLINE OF THE HISTORY OF ECONOMIC THOUGT

I. ANCIENT AND MEDIEVAL THOUGHT tracing the origins of the study of economics A. Plato and Aristotle B. Medieval Economic Thought II. MERCANTILISM AND THE ONSET OF THE MARKET ECONOMY A. Events that contributed to the end of the Medieval Period B. Mercantilism 1. On Domestic Policy 2. On International Policy FIRST PAPER ***** III. THE PHYSIOCRATIC MOVEMENT AND PRECLASSICAL ECONOMICS A. Francois Quesnay B. Spanish Enlightenment and Liberalism IV. THE CLASSICAL SCHOOL OF ECONOMICS A. Adam Smith B. Thomas Malthus C. Jeremy Bentham and Utilitarianism D. John Stuart Mill E. David Ricardo SECOND PAPER ***** V. SEPARATISTS FROM THE CLASSICAL SCHOOL A. Karl Marx B. The German Historical School THIRD PAPER ****

VI. THE NEOCLASSICAL PERIOD IN ECONOMICS A. Early Theoretical Developments from France 1. A.A. Cournot 2. Jules Dupuit B. Austrian School of Economics 1. Menger, von Wieser and Bohm-Bawerk C. English Microeconomic Theory 1. W.S. Jevons 2. Alfred Marshall 3. Leon Walras D. New Market Models FOURTH PAPER ****

VII. 20th CENTURY PARADIGMS A. The legacy of John Maynard Keynes FIFTH PAPER **** (this will depend on time and need)

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