Academic Catalog

ECO212 HISTORY OF ECONOMIC THOUGHT

Course Code: 3520212
METU Credit (Theoretical-Laboratory hours/week): 3(3-0)
ECTS Credit: 6.0
Department: Economics
Language of Instruction: English
Level of Study: Undergraduate
Course Coordinator: Assoc.Prof.Dr. EMRE ÖZÇELÝK
Offered Semester: Spring Semesters.
Prerequisite: Set 1: 3520102
The course set above should be completed before taking ECO212 HISTORY OF ECONOMIC THOUGHT .

Course Content

The course develops a history of the development of economic ideas and theories: mercantalism, physiocrats, the classical school (Adam Smith to Ricardo), Marxian school, marginal revolution, Keynesian revolution, and various responses to Keynesian macroeconomics to date.