ECON 0319 - Development of Economic Thought

Credits: 3

Analyzes the content and limitations of contemporary economic thought in contrast to earlier theoretical systems. Traces the evolution of systematic economic thinking through the dual influence of internal logical development and the external social and intellectual environment. Central economic issues that are of current significance, such as price formation, distribution of wealth and income, population and international trade, etc., will be analyzed in historical perspective.

Prerequisites: ECON 0101 and ECON 0102.

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Westfield State University

ECON 0319 - Development of Economic Thought