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History of economic thought

History of economic thought. Petr Wawosz. Some useful information about subject. What is 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.

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History of economic thought

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  1. History of economic thought Petr Wawosz

  2. Some useful information about subject

  3. What is 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 economist.

  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. • 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. Why to study the subject that concerns history? • A man whodoes not know what has been thought by those who have gone before himis sure to set an undue value upon his own ideas. • Astudy of the history of opinion is a necessary preliminary to the emancipationof the mind.

  7. Lectures • Every Monday, 15.45-17.15, E227 • First lecture: 4st February 2013 • Last lecture: 22nd April 2013 • Participation on the lectures is voluntary, there is no obligation to attend lectures, no presence list. • I would like to discuss during lectures, show some movies, videos, analyzes articles ….

  8. 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.

  9. Literature on the IS (in study materials) • Backhaus, Jürgen Georg (editor) 2005. Handbook of the History of Economic Thought. Heidelberg: Springer. ISBN 978-1-4419-8335-0. • Medema, Steven G.; Samuels, Warren J. (edited) 1998. Lionel Robbins: A History of Economic Thought: The LSE Lectures. Princeton: Princeton University Press. ISBN 0-691-07014-8. • Milonakis, Dimitris; Fine, Ben 2009. From Political Economy to Economics: Method, the social and the historical in the evolution of economic theory. London: Routledge. ISBN 978-0-415-42322-9. • Rothbard Murray, N. 1995. Economic Thought Before Adam Smith (An Austrian Perspective of the History of Economic Thought, Volume I). Cheltenham: Edward Elgar Publishing. ISBN: 0-945466-48-X. • Rothbard Murray, N. 1995. Classical Economics (An Austrian Perspective on the • History of Economic Thought Volume II). Cheltenham: Edward Elgar Publishing. ISBN: 0-945466-48-X. • Samuels, Warren J.; Biddle, Jeff E.; Davis, John B. (edited) 2003. A Companion to • the History of Economic Thought. Malden: Blackwell Publishing. ISBN 0-631-22573-0. • Samuels, Warren J. (edited) 2007. Documents from the History of Economic Thought. Amsterdam: Elsevier. ISBN: 978-0-7623-1423-2. • Scerpanti, Ernesto; Zamagni, Stefano 2005. An Outline of the History of Economic Thought. Oxford: Oxford University Press. ISBN 0–19–927913–6. • Mark Skousen (edited) 1992. Dissent on Keynes: A Critical Appraisal of Keynesian Economics. New York: Praeger Publisher. ISBN: 0-275-93778-X • Mark Skousen 2001. The Making of Modern Economics. The Lives and Ideas of the Great Thinkers. London: M.R.Sharpe. ISBN 0-7656-0479-5.

  10. 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“).

  11. 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

  12. Finishing of the course: • The course is finished by exam. • The condition of passing exam is to write essay about some economist or economic school. (5-7 pages, word, times roman 12, row: „simple“ = 1). • Exam consistsonly from essay. No oral exam!

  13. How to submit essay • http://is.vsfs.cz, you have to log in. • Student • Study materials (term „summer 2013“) • Homework vaults you can access. • Box_Petr_Wawrosz. • Save your essay to the Box. Use icon for the saving. • Do not send me essay to my e-mail I will delete it!!!

  14. Details to the essay • You write me the topic of the essay I approve it. • You submit the essay. I read it (and my be return for rewriting). When I will be satisfied we :- either meet and we will discuss the topic.- or I directly approve the essay and give you mark!

  15. Details to the essay • Some possible topics:- to analyze ideas of some economist or economic school - to analyze some economic topic (issue, problem) and how the topic was solved during history • Do not concern on the biography of economists! Concern on their ideas (thinking, theories)! Try to expalin why they are important, why they are right or wrong!

  16. Detail to the essay • To analyze =- describe main ideas (tenets, principles)- explain why the topic is important, what the topic is about, what the topic is connected with, factors influenced ideas- what do you agree and disagree, what are the advantages and disadvantages of the approaches

  17. Detail to the essay • Essay is not review! Do not only copy form Wikipedia (or another web page)! You should work with more sources, you have to cite them and mention the source in the literature! • The essay should have a structure:- introduction- main part- conclusion

  18. Contact: • E-mail: petr.wawosz@centrum.cz • Office hours (February till end of April):Monday: 17.15-18.00, Prague, Estonska, E324Tuesday: 14.00-14.45, Most, M09Wednesday: 12.15-12.45, Prague, Vltavska, S15.

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