Overview

This unit covers the thought of the greatest minds in the history of the discipline of economics. Its main organising principle is the question: "what is the economic problem?" This unit organises the history of thought around two widely different answers. First, the classical economists starting with Smith, Malthus, Ricardo, … For more content click the Read More button below.

Offerings

S2-01-CLAYTON-ON-CAMPUS

Contacts

Chief Examiner(s)

Associate Professor Lionel Frost

Learning outcomes

On successful completion of this unit, you should be able to:
1.

discuss critically how different economists in the past understood and analysed the economic problem

2.

compare the work on founders of economics such as Adam Smith, David Ricardo, Thomas Malthus, Stanley Jevons, Karl Marx, Alfred Marshall, and others

3.

discuss critically diverse theories of value, growth, rent, and decline of economic society

4.

be familiar with primary sources relating to the major writings that shaped the evolution of economic analysis.

Teaching approach

Active learning
Peer assisted learning

Assessment

1 - Within semester assessment
2 - Examination

Scheduled and non-scheduled teaching activities

Lectures
Tutorials

Workload requirements

Workload

Learning resources

Required resources