Economics 237 - HISTORY OF ECONOMIC THOUGHT

A study of the major economists and economic theories from the time of Adam Smith to the present; the historical context and intellectual climate of their times; the uses made of their work in understanding society and shaping public policy; an appraisal of the intellectual heritage and global influence of economic methodology today. Economists include Smith, Ricardo, Marx, Keynes, Friedman and contemporaries such as Akerlof and Stiglitz. Prerequisite: either 150 or 153.