AND ARTS OF OKLAHOMA
HISTORY OF ECONOMIC THOUGHT
FALL 2012 SYLLABUS
Instructor: Dr. Erik Guzik
Office: 312 Troutt Hall Phone: 574-1269
Within this course, we seek to explore the growth, development, and impact of economic thought. We will treat the process of economic understanding as dynamic--a process defined in part by evolution and change. We will understand economic ideas and concepts to be shaped by the societies in which they appear, necessarily moving in new, interesting, and often conflicting ways. We will also examine how different (and at times competing) bodies of economic thought come into contact, interact, and react--influencing and pushing one another along long and complicated paths of growth and development.
In short, we seek to study how new economic positions and outlooks (our understandings of economic processes) arise in reaction to particular economic and social conditions, including past products of human thought. And of some importance, we seek to explore how the development of economic ideas, as much as any other process, contributes to conditions of social change. We thus seek to understand from where current economic ideas come, and where they take us--and in so doing, develop the means to contribute in new ways to the further evolution and development of original economic thinking.
Texts and Readings
Readings of original texts and other works are available online via this syllabus. You are encouraged--but certainly not required--to purchase an official text to accompany your readings. In this spirit, the following works are suggested as possible texts to assist you in your intellectual efforts, the first two of which are available for purchase at the USAO Bookstore.
Teachings from the Worldly Philosophy, Robert Heilbroner. Inexpensive text that contains an excellent selection of important readings, as well as insightful commentary from Heilbroner. Highly recommended.
The Worldly Philosophers, Robert Heilbroner, Seventh Edition. A classic discussion of the great economic thinkers beginning with Adam Smith. Highly recommended.
Other Excellent Possibilities:
History of Economic Thought, Harry Landreth and David Colander, Fourth Edition. Good overview of major economic thinkers.
A History of Economic Thought, Eric Roll. Available through library reserve.
Readings and Class Discussion. Assigned readings should be completed in preparation for class.
There will be two exams during the semester and a final exam during
finals week. Exams will consist of 3-4
essay questions on material presented and discussed in class and the readings.
Presentation. An in-class presentation on a school of economic thought of your choice, on a topic you find of interest. A 2-3 page written description of your presentation is also required.
↓ Material Covered So Far ↓
|Introduction||The Importance and Impact of Economic Theory in Contemporary Society|
|Absolutist and Relativist Positions|
|Orthodox and Heterodox Thought|
|Part One||Pre-Modern Economic Thought|
The Earliest Known Economic Writings: |
The Code of Hammurabi (skim for discussion of economic activitities)
Introduction to the Ancient Greek Thinkers: The Ancients