History of Economic Thought

Course Level: 
Bachelor's
Campus: 
Vienna
Course Open to: 
Students on-site
Academic Year: 
2022-2023
Term: 
Winter
US Credits: 
2
ECTS Credits: 
4
Course Code: 
UGST4133
Course Description: 

This course reviews the history of economic thinking and economic analysis. The course covers following topics: Greek and Medieval Thought, Transformation Period, Petty, Smith, Ricardo, Marx, Menger, Veblen, Keynes, Schumpeter, Friedman, Hayek, and some non-mainstream contemporary thought.

Learning Outcomes: 

At the completion of this course, students will have gained an understanding of some historically important concepts of the political economy and economics. They will have acquired a broad understanding of the evolution of economic thinking in the long period of time.

Assessment: 

Presence in the class consists of 15% of the total grade. Short, not more than one page, two position papers provide 30% of the total grade. Final written exam provides the remaining 55%.