Course Details in 2021/22 Session

Module Title	LH History of Economic Thought
School	Birmingham Business School
Department	Economics
Module Code	08 29183
Module Lead	Roger Backhouse
Level	Honours Level
Credits	20
Semester	Semester 2
Pre-requisites
Co-requisites
Restrictions	Students on degree programmes outside economics for which this module is an option on their degree programme must also have passed Principles of Economics
Exclusions
Description	This module covers the origin and evolution of several major strands of economic thought from the eighteenth century to the twentieth. The purpose is to provide students with a broad knowledge of the main features in history of modern economic thought, an understanding of major economic writings and the historical context in which they were written, and also of how each generation selects from and re-interprets (and sometimes even distorts) the work of earlier writers. Examples of key thinkers, some of whose work will be discussed include: Quesnay, Mirabeau, Adam Smith, T. R. Malthus, Ricardo, James and John Stuart Mill, Karl Marx, Leon Walras, Jevons, Menger, Alfred Marshall, Pigou, Chamberlin, John Maynard Keynes, Paul Samuelson, Robert Solow, A. W. Phillips and Robert Lucas.
Learning Outcomes	By the end of the module students should be able to: demonstrate systematic knowledge and understanding of the main ideas developed by some of the major economists of the period up to the late nineteenth century; explain the origins of some of the key concepts in modern economics; comment critically on historical texts in economics from this period.
Assessment	29183-01 : Essay 1 : Coursework (25%) 29183-02 : Essay 2 : Coursework (25%) 29183-03 : Exam : Exam (Centrally Timetabled) - Written Unseen (50%)
Assessment Methods & Exceptions	Assessments: 2 x 1250 word essays 25% each, 2 hr examination (50%). Reassessment: by failed element
Other
Reading List