The main goal of this course is to provide students with understanding of historical evolution of economic thought. In other words, this course tries to explain how economic thinking got to be where it is today. In addition students are also led to formulate their own research question in the topic of their interest.
We will discuss to a certain extent economic history, since understanding what was going on in the economy in past helps to understand how people conceptualized the economy.
The syllabus covers wide ranging areas. In this course students are able to understand some historically important articles and concepts of the political economy and economics. They acquire a broad understanding of the evolution of economic thinking in the period of more than two thousand years. The emphasis is on societal milieu however issues relevant to policy are also considered.
By the end of this course student will be able to evaluate different streams of economic thinking as well some personalities who had an impact of history of economic thought.