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Academic Year 2001/2002


Classical Political Economy and Its Modern Legacy
ECON 254 FA

The ideas of the classical school of political economy, a product of the 18th and 19th centuries, continue to shape the economic and social debates of the 20th. The central figures of this school--Adam Smith, Thomas Robert Malthus, David Ricardo, and Karl Marx--are studied with the purpose of uncovering these ideas and assessing their relevance for the modern world. Particular emphasis is placed on relating the methods, concepts, and conclusions of the classical economists to those of modern mainstrea m economics.

MAJOR READINGS

Adam Smith, THE WEALTH OF NATIONS (1776) Thomas Robert Malthus, POPULATION - THE FIRST ESSAY (1789) David Ricardo, PRINCIPLES OF POLIITCAL ECONOMY AND TAXATION (1917) Karl Marx, CAPITAL, vol. I (1867) Karl Marx, CAPITAL, vol. III (1894) John Roemer, FREE TO LOSE (1988)

EXAMINATIONS AND ASSIGNMENTS

A series of discussion papers. Problem sets. Final exam scheduled by the Registrar.

ADDITIONAL REQUIREMENTS and/or COMMENTS

Unless preregistered students attend the first class meeting or communicate directly with the instructor prior to the first class, they will be dropped from the class list. NOTE: Students must still submit a completed Drop/Add form to the Registrar's Office.

COURSE FORMAT: Lecture

REGISTRATION INFORMATION

Level: UGRD    Credit: 1    Gen Ed Area Dept: SBS ECON    Grading Mode: Student Option   

Prerequisites: (ECON111 AND ECON112) OR ECON105 Links to Web Resources For This Course.

Last Updated on MAR-19-2002


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