| Code |
16287
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| Year |
1
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| Semester |
S2
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| ECTS Credits |
6
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| Workload |
TP(30H)
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| Scientific area |
Economics
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Entry requirements |
No applied.
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Mode of delivery |
The learning process combines lectures and debate-oriented sessions based on assigned readings, with independent study, individually or in group.
Students will be required to attend the scheduled lectures and debate-oriented sessions. Readings should be completed before class. Everyone will be expected to be prepared to actively participate in the discussion and to answer questions about the readings or lectures.
The learning process is supported by e-learning activities and online resources, as well as a close contact with instructor.
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Learning outcomes |
1. Understand the importance of the study of the History of Economic Thought and the economic problem as a distinct object of study and its methods;
2. Understand the emergence and the evolution of alternative schools of economic thought, in particular classical, marginalist, neo-classical and Keynesian perspectives;
3. Discuss the relationships between economic thought and current societal challenges, confronting the premises and the arguments of alternative theories;
5. Demonstrate capacity to problematize, produce well-informed arguments and critical thinking;
6. Work independently and cooperatively, demonstrating initiative, self-organization and time-management;
7. Communicate effectively both in written and speaking.
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Syllabus |
I – Introduction: Why Study History of Economic Thought?
II – History of Economic Thought: From Classical Antiquity to Keynes
2.1 Pre-Classical Economic Thought
2.2 Classical Political Economy
2.3 Marginalism and Neoclassical Economics
2.4 Historical Schools and Institutionalism
2.5 Keynes and Classical Economics
2.6 After Keynes: New Developments in Macroeconomics
III – Controversial Issues in Historical Perspective
3.1 Mathematisation of Economics: Developments and limitations
3.2
3.3 State and Public Finance in Historical Perspective
3.4 Environmental Economics in Historical Perspective
3.5 Inequality in Historical Perspective
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Main Bibliography |
Compulsory reading
SANDELIN, TRAUTWEIN and WUNDRAK, 2015. A Short History of Economic Thought, 3 ed., Routledge.
DUPONT, Brandon, 2017. The History of Economic Ideas: Economic Thought in Contemporary Context, Routledge.
Complementary readings
BACKHOUSE, Roger. 2002. The Penguin History of Economics, London, Penguin Books. DGE Library (EG-5.3.1/14): Prologue: 1-8 and Chapters: 4-14.
HEILBRONER, Robert (1999). The Worldly Philosophers: The Lives, Times and Ideas of the Great Economic Thinkers, 7th edition. New York: Simon and Schuster (first edition 1953).
A reading list of texts announced in the course scheduling and description made available on Moodle.
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Teaching Methodologies and Assessment Criteria |
The module uses two instruments of assessment to evaluate different skills and abilities. The written assignment, Final Paper, aims at involving students to research practices, in particular to evaluate their capacity to organise work, readings skills and perform under acute time and resource constraints. The Test also permits to evaluate students’ capacity to grasp concepts, to apply theories, to structure logical answers, to mount reasoned and critical arguments, to draw conclusions and economic policy implications, and communicate effectively in writing.
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Language |
Portuguese. Tutorial support is available in English.
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