<meta http-equiv="refresh" content="0; URL=noscript.html"> METU | Course Syllabus

Course Objectives

The course introduces students to the major figures and currents of economic thought throughout human history, starting from the philosophers of Ancient Greece and scholastics of the medieval period to modern-age thinkers such as Adam Smith, Karl Marx, John Maynard Keynes, and many others. The ideas of a wide range of thinkers, along with a large diversity of schools of thought will be examined and discussed as concisely as possible in this one-semester course. Some prominent figures, key concepts and phenomena that will be covered are: Xenophon, Plato, Aristotle, St Augustine, Ibn Rushd (Averroes), Ibn Khaldun, Albertus Magnus, Thomas Aquinas, Nicole Oresme, the Renaissance and the Reformation, European nation state, mercantilism, price revolution, the School of Salamanca, Thomas Mun, absolutism and the Enlightenment, economic liberalism, Richard Cantillon, Physiocracy, Adam Smith, David Ricardo, Thomas Malthus, utilitarianism, John Stuart Mill, social democracy and radical leftism, Karl Marx, the marginal revolution, Alfred Marshall, Thorstein Veblen, and John Maynard Keynes (As far as time allows, major post-Smithian schools of economic thought can be further examined and discussed: The Classical School, Neoclassical School, Marxist School, Developmentalist Tradition, Austrian School, Neo-Schumpeterian School, Keynesian School, Institutionalist School, and Behaviouralist School).