ECON242

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ECON242

Entrepreneurship and Economic Development ECON242 SP

Section	Class Size	*Available	Times	POI	Prereq
1	35	1	Times: .T.T... 2:40PM-4:00PM;	No	Yes

*The number of spaces listed as available is based on class seats open for the Blue Add phase of registration. Some seats may be taken in previous phases while others may be held out for subsequent phases of registration. (Last Updated on Tue Aug 10 05:00:21 EDT 1999 )

This seminar examines the role of the entrepreneur in the firm, in the evolving structure of the economy and as a catalyst of social change. From Cantillon to Schumpeter, from Knight to the Harvard Business School, we pursue what the entrepreneur does, his special capacities, his personality. Equipped with these theoretical perspectives, the course focuses upon the determinants of entrepreneurial activity during the critical phase of a country's economic development, specifically the background against which the major theories of Weber, Schumpeter, McClelland et al. are evaluated is post-Civil War America and contemporary underdeveloped countries. Since much of the course is concerned with sources of entrepreneurial supply, which are founded upon psychogenic or sociogenic dynamics, the seminar is necessarily an interdisciplinary undertaking.

MAJOR READINGS

Schumpeter, THEORY OF ECONOMIC DEVELOPMENT
Knight, RISK, UNCERTAINTY AND PROFIT
Nelson & Winter, AN EVOLUTIONARY THEORY OF SOCIAL CHANGE
J. Hughes, THE VITAL FEW

EXAMINATIONS AND ASSIGNMENTS

Two short critical essays, one hour quiz, and a major research paper. No final exam. Class discussion counts for one quarter of the grade.

COURSE FORMAT:hip and Economic Development ] This seminar examines the role of the entrepreneur in the firm, in the evolving structure of the economy and as a catalyst of social change. From Cantillon to Schumpeter, from Knight to the Harvard Business School, we pursue what the entrepreneur does, his special capacities, his personality. Equipped with these theoretical perspectives, the course focuses upon the determinants of entrepreneurial activity during the critical phase of a country's economic development, specifically the background against which the major theories of Weber, Schumpeter, McClelland et al. are evaluated is post-Civil War America and contemporary underdeveloped countries. Since much of the course is concerned with sources of entrepreneurial supply, which are founded upon psychogenic or sociogenic dynamics, the seminar is necessarily an interdisciplinary undertaking. MAJOR READINGS: Schumpeter, THEORY OF ECONOMIC DEVELOPMENT Knight, RISK, UNCERTAINTY AND PROFIT Nelson & Winter, AN EVOLUTIONARY THEORY OF SOCIAL CHANGE J. Hughes, THE VITAL FEW EXAMINATIONS AND ASSIGNMENTS: Two short critical essays, one hour quiz, and a major research paper. No final exam. Class discussion counts for one quarter of the grade. ADDITIONAL REQUIREMENTS AND/OR COMMENTS: Please note that if you do not match one of the prerequisite listings EXACTLY, then you need a prerequisite override. Joint submission of your research paper to anothercourse may be arranged. Course Format: Lecture

REGISTRATION INFORMATION

Level: UG Credit: 1.00

Prerequisites: ECON111 and ECON112 or ECON105

Section 01: Kilby, P; Times: .T.T... 2:40PM- 4:00PM;; Grading Mode: Mixed; Registration Preference (1 high to 6 low, 0=Excluded) Sr: 1, Jr: 1, So: 2, Fr: 2; Major Preference Given

Last Updated on MAR-22-1999

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