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ECON254
Classical Political Economy and its Modern Legacy
ECON254 FA
Next Offered in 9899 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 mainstream
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: Discussion Lecture
REGISTRATION INFORMATION
Level: UG Credit: 1.00
Gen Ed Area & Dept: SBS ECON
Prerequisites:
ECON111 and ECON112 or ECON105
Last Updated on MAR-03-1998
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