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EC4504: HISTORY OF ECONOMIC THOUGHT (2016-2017)

Last modified: 28 Jun 2018 10:27


Course Overview

This course examines the history of economic ideas and the evolution of the main schools of economic thought from the eighteenth century to the present day. It traces the development of modern economic thought and discusses the evolution of economic ideas through the important traditions. The course provides a bird's eye view of the main controversies in the discourse in economics and discusses their policy implications with regard to their contemporary relevance.

Course Details

Study Type Undergraduate Level 4
Term Second Term Credit Points 30 credits (15 ECTS credits)
Campus None. Sustained Study No
Co-ordinators
  • Professor Ioannis Theodossiou

Qualification Prerequisites

None.

What courses & programmes must have been taken before this course?

  • Either EC2002 Microeconomics 2 (Passed) or EC2003 Intermediate Microeconomics (Passed)
  • Either EC2502 Macroeconomics 2 (Passed) or EC2503 Intermediate Macroeconomics (Passed)
  • Any Undergraduate Programme (Studied)

What other courses must be taken with this course?

None.

What courses cannot be taken with this course?

  • EC4502 History of Economic Thought (Studied)

Are there a limited number of places available?

No

Course Description

This course examines the history of economic ideas and the evolution of the main schools of economic thought from the eighteenth century to the present day. It traces the development of modern economic thought and discusses the evolution of economic ideas through the important traditions. The course provides a bird's eye view of the main controversies in the discourse in economics and discusses their policy implications with regard to their contemporary relevance.

Contact Teaching Time

Information on contact teaching time is available from the course guide.

Teaching Breakdown

More Information about Week Numbers


Details, including assessments, may be subject to change until 30 August 2024 for 1st term courses and 20 December 2024 for 2nd term courses.

Summative Assessments

1st Attempt: 1 three-hour examination (80%); continuous assessment (20%) consisting of a critical essay (maximum word count, 3,000), selected from one of the topics provided to the students. Each student is required to make a 15 to 20 minute oral exposition of the written essay. This is followed by a ten minute period of group discussion of any issued raised during the exposition. The oral exposition is worth 10% of the assessable coursework, that is, 10% of the mark for the entire course. Following the presentation and discussion the student is expected to refine the exposition material and resubmit the essay within one week in written form as the assessed essay which is worth the other half of the assessable coursework, that is, another 10% of the mark for the entire course.

Resit: None.

Formative Assessment

This will take place via tutorial discussions.

Feedback

The critical essay is returned to the student within two weeks of submission with comments on the essay and a mark for both the oral exposition and the essay. Oral feedback is given on the tutorial presentations and discussions. Presentation slides and notes are submitted through WebCT and are available to the external examiner.

Course Learning Outcomes

None.

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