BPE_HET1 History of Economic Thought

Faculty of Economics and Administration
Spring 2025
Extent and Intensity
1/1/0. 5 credit(s). Type of Completion: zk (examination).
In-person direct teaching
Teacher(s)
Mgr. Josef Menšík, Ph.D. (lecturer)
Ing. Marián Suchánek (lecturer)
Mgr. Josef Menšík, Ph.D. (seminar tutor)
Ing. Marián Suchánek (seminar tutor)
Guaranteed by
Mgr. Josef Menšík, Ph.D.
Department of Economics – Faculty of Economics and Administration
Contact Person: Mgr. Jarmila Šveňhová
Supplier department: Department of Economics – Faculty of Economics and Administration
Prerequisites (in Czech)
( BPE_MIC1 Microeconomics 1 && BPE_MAC1 Macroeconomics 1 ) || ( BPE_MIE1 Microeconomics 1 && BPE_MAE1 Macroeconomics 1 )
Course Enrolment Limitations
The course is also offered to the students of the fields other than those the course is directly associated with.
The capacity limit for the course is 24 student(s).
Current registration and enrolment status: enrolled: 0/24, only registered: 11/24, only registered with preference (fields directly associated with the programme): 9/24
fields of study / plans the course is directly associated with
there are 8 fields of study the course is directly associated with, display
Course objectives
The aim of the course is to provide students with understanding of the main developments in the history of economic thought. The aquintance with alternative approaches to the scope and methods of economics will enable the students to independently form their own critical outlook on the relevance and limits of the approaches used by present economists.
Learning outcomes
At the end of the course the students shall:
- exercise a comprehensive understanding of the development of economic thought till the Marginalist Revolution;
- recognize the content of main breakthroughs in the development and will be able to interpret the shifts in its trend;
- have acquired all the competencies necessary for the understanding of the subsequent developments of economic theory;
- deeper insights into the nature and the development of basic economic concepts will enhance their overall level of economic style of thinking.
Syllabus
  • 1. Beginnings of economic thought
  • 2. Formation of the (Classical) Economics
  • 3. Classical Political Economy I
  • 4. Classical Political Economy II
  • 5. Heterodox Approaches
  • 6. Marginalist Revolution
  • 7. Austrian School
  • 8. Contemporary Microeconomics
  • 9. Contemporary Macroeconomics
  • 10. Institutional Economics
Literature
  • RONCAGLIA, Alessandro. The wealth of ideas : a history of economic thought. 1st paperback ed. Cambridge: Cambridge University Press, 2006, xiv, 582. ISBN 0521843375. info
  • SCREPANTI, Ernesto and Stefano ZAMAGNI. An outline of the history of economic thought. Translated by David Field - Lynn Kirby. 2nd ed. rev. and expanded. Oxford: Oxford University Press, 2005, xviii, 559. ISBN 0199279144. info
  • SNOWDON, Brian and Howard R. VANE. Modern macroeconomics : its origins, development and current state. Cheltenham, UK: Edward Elgar, 2005, xviii, 807. ISBN 1845422082. info
  • VAGGI, Gianni and Peter GROENEWEGEN. A concise history of economic thought : from Mercantilism to Monetarism. 1st ed. Houndmills: Palgrave Macmillan, 2003, xviii, 339. ISBN 1403987394. info
  • LANDRETH, Harry and David C. COLANDER. History of economic thought. 4th ed. Boston: Houghton Mifflin, 2002, xxiii, 511. ISBN 0618133941. info
  • HEILBRONER, Robert L. The worldly philosophers : the lives, times, and ideas of the great economic thinkers. 7th ed. London: Penguin Books, 2000, 365 s. ISBN 0140290060. info
  • CALDWELL, Bruce. Beyond positivism : economic methodology in the twentieth century. Rev. ed. London: Routledge, 1994, xviii, 279. ISBN 0415109116. info
  • SCHUMPETER, Joseph Alois. History of economic analysis. Edited by Elizabeth Boody Schumpeter - Mark Perlman. 1st publ. in paperback. London: Routledge, 1986, xlviii, 12. ISBN 0415108888. info
Teaching methods
Lectures and reading assignments
Assessment methods
Credit requirements: written reactions on the reading assignments, written and oral exam.
Language of instruction
English
Further Comments
The course is taught annually.
The course is taught: every week.
The course is also listed under the following terms Autumn 2014, Autumn 2015, Spring 2023, Spring 2024.
  • Enrolment Statistics (recent)
  • Permalink: https://is.muni.cz/course/econ/spring2025/BPE_HET1