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Economic theories development ( History of economic thought )

Economic theories development ( History of economic thought ). Petr Wawosz. Some useful information about subject. What is usually the subject about.

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Economic theories development ( History of economic thought )

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  1. Economic theories development(History of economic thought) Petr Wawosz

  2. Some useful information about subject

  3. What is usually the subject about • The subject is about history of economic thought, how economic thinking developed during time, from the beginning of the human existence to the present time. • The subject gives list of economic theories, schools (people who have similar opinion), famous economists.

  4. Abbreviation • ETH = Economic Theories Development • HET = History of Economic Thought • Both titles mean the same subject! The term „HET“ is used more often (in English).

  5. Why to study the subject that concerns history? • If we do not understand the past times we are not able to understand the present times. • It is not necessary to discover something what had already discovered. • It is not necessary to develop theories and opinions that had already developed. • A study of the history of opinion is a necessary preliminary to the emancipationof the mind. • Past theories give us inspiration for future research.Our ideas (thinking) are very often influenced by previous ones. • It can be funny fascinatingand adventurous.

  6. Lectures • Every Monday, 14.00-15.130, E227 • First lecture: 30th September 2013 • Last lecture: 16th December 2013

  7. Lectures • Participation on the lectures is voluntary, there is no obligation to attend lectures, no presence list. • I do not intend only to lecture bud I give you some tasks connected with final exams (reading some prepared text and answering question connected to the text).

  8. Structure of lectures • Presentations (usually Power-Point) • Videos (usually from Youtube) • Discussing economics texts – preparation for the exam • I do not concentrate on the history but on the principle of economic thought, important questions of economic thought and important issues that was discussed during long history of man.

  9. Literature • Sandmo, Agnar 2011. Economics Evolving: a History of Economic Thought. Princeton University Press. • Taylor, Overton H. 2011. A History Of Economic Thought . Literary Licensing. • These books can be borrowed from library.

  10. Literature on the IS (in study materials) • See IS: Study materials – Learning materials.

  11. Selected web sites • http://socserv2.socsci.mcmaster.ca/~econ/ugcm/3ll3/ (for finding the site: „Archive for the History of Economic Thought“) • http://www.economicsnetwork.ac.uk/teaching/Online%20Text%20and%20Notes/History%20of%20Economic%20Thought (for finding the site: „Online Text and Notes in History of Economic Thought“) • http://web1.boisestate.edu/econ/lreynol/web/Het.htm (for finding the site: „History of Economic Thought by by R. Larry Reynolds“ or „online economics textbooks“) • http://www.encyclopedia.com/doc/1G2-3045000336.html (for finding the site: „International Encyclopedia of the Social Sciences“ and „economic thought“).

  12. Selected other sources • www.econlib.org • http://eh.net • http://www.economicthought.net • www.mises.org • http://economistsview.typepad.com/economics493/ • http://frank.mtsu.edu/~eaeff/566/hoth.htm

  13. Finishing of the course • The course is finished by exam. • Exam:- written: you get some economic text and question connected to the text. You have to answer the questions in time devoted for the exam (probably 90 minutes).- The answers can be written to the computer or on the paper. • Details to the exam will be given at the end of winter term.

  14. Finishing of the course • I evaluate your answers, write you mail and suggest a grade (including grade „fail“). • If you do not agree with grade or you fail, we meet and I give you another text or we will discuss more about first text.

  15. Finishing of the course • The exam will be passed in exam period (in January). • The terms of the exam will be published in IS. • It is necessary to apply for the exam.

  16. Sense of the exam • Exam is the proof you are able to:- understand aneconomic text- think about economic ideas

  17. Contact: • E-mail: petr.wawosz@centrum.cz • Office hours from 30th September 2013 till end of December 2013:Wednesday: 14.00 - 15.00, Praha,  Estonská E324Thursday, odd weeks: 15.00 - 15.30., Most M09 • It is necessary to write me before your coming, The different time is possible to arrange after agreement.

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