History of Economic Theory NPTEL
Distance Learning by
World Mentoring Academy
Online
/ Distance Learning
Details
Description: This syllabus consists of a study of the History of Economic Theory from a perspective of the History of Economy, Society and Ideas. The perspective is that the world of ideas is grounded in the socio-economic mileu, and that
economic ideas are a part of such world of ideas.
First outline the relationship between the two central issues of scarcity and uncertainty, with different forms of socio economic organization, such as hunting-gathering, pastoral and agrarian socio economic organization. We then outline the role of uncertainty in the emergence of faith based universals in the social construction of knowledge. This is contrasted with the role of experience in the social construction of knowledge. The tension between these two approaches is highlighted.
First outline the relationship between the two central issues of scarcity and uncertainty, with different forms of socio economic organization, such as hunting-gathering, pastoral and agrarian socio economic organization. We then outline the role of uncertainty in the emergence of faith based universals in the social construction of knowledge. This is contrasted with the role of experience in the social construction of knowledge. The tension between these two approaches is highlighted.
Resources: OpenCourseware from NPTEL (India), Sheridan College, MIT, UC Berkeley, Stanford & many other of the World's finest University's.
Language: English
Professors: Michael Williams
Units: 36
- Lec-01 The Socio-Economic Role of Scarcity and Uncertainty
- Lec-02 The Process of Construction of Knowledge
- Lec-03 The Roles of Faith and Experience
- Lec-04 From Orphism to the Milesians in ancient Greece
- Lec-05 Pythagoras and Heraclitus
- Lec-06 From Parmenides to the atomists
- Lec-07 From the ancient Greece to the emergence of Feudalism
- Lec-08 Feudalism and the growth of the Church
- Lec-09 The age of Faith: Europe until the crusades
- Lec-10 The beginnings of modernity
- Lec-11 Scholasticism and St.Thomas
- Lec-12 Transformation of Europe towards modernity
- Lec-13 Birth of political economy: mercantilism
- Lec-14 The debate over mercantilism: Hume and Cantillon
- Lec-15 A postscript to mercantilism: Hume and James Stewart
- Lec-16 'Natural Order' and the market: Quesney and Galiani
- Lec-17 Smith: the Invisible Hand
- Lec-18 Smith: Growth theory, long run equilibrium and Institutions
- Lec-19 Ricardo-Malthus debate
- Lec-20 Ricardian economics and more
- Lec-21 Equilibrium of the market: from Say to Walras
- Lec-22 More on Equilibrium: Cournot, Dupuit, Gossen, von Thunen
- Lec-23 Socialists and Marx
- Lec-24 The economics of Marx
- Lec-25 Marx as an ideologue of revolution
- Lec-26 Arrival of modern universals in Economics: Neo classical school
- Lec-27 Economic Theory at the time arrival of Keynes
- Lec-28 The centrality of the idea of efficiency in the study of market
- Lec-29 Keynesian Revolution: Macroeconomics
- Lec-30 Keynesian economics
- Lec-31 Economics of Institutions
- Lec-32 Transaction cost and Economic Anthropology approaches
- Lec-33 Evolutionary Economics: the idea of change as evolution
- Lec-34 From Schumpeter to neo Schumpetarian evolutionism
- Lec-35 The social construction of knowledge: Case of Economics
- Lec-36 The social construction of knowledge: Adaptation and Revolution
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