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History of Economic Thought

Type of study Follow-up Master
Language of instruction Czech
Code 114-0327/01
Abbreviation Dějiny
Course title History of Economic Thought
Credits 4
Coordinating department Department of Economics
Course coordinator prof. Ing. Martin Macháček, Ph.D. et Ph.D.

Subject syllabus

1. The nature and transformations of economics - an introduction to methodology and critical thinking.
2. The birth of Western economic thought - antiquity.
3. Economic thought in the Middle Ages - Christianity, community and morality.
4. The origins of modern economic thought - empiricism, induction and harmonism.
5. The wealth of nations and its sources - trade versus agriculture.
6. Classical political economy as an abstract, inexact science.
7. Neoclassical schools and the triumph of subjectivism in economics.
8. The Keynesian revolution and its consequences.
9. The monetarist counter-revolution and the liberal turn.
10. The rise of DSGE models - the new classical macroeconomics and the new Keynesianism.
11. Post-Walrasian (macro)economics.
12. Behavioural (micro)economics.
13. Historical and institutional currents in economics.
14. Economics as an imperial or declining science?

E-learning

https://lms.vsb.cz/

The LMS Moodle always provides basic information and instructions for the course, as well as supporting texts and supplementary study materials.

Literature

BLAUG, Mark. The Methodology of Economics Or How Economists Explain. 2nd ed. Cambridge: Cambridge University Press, 2006. 286 p. ISBN 9780521436786 .
GERŠLOVÁ Jana, Martin MACHÁČEK, Pavel ŠTRACH a Milan ŽÁK. Dějiny podnikání. Praha: Odborné nakladatelství Vysoké školy ekonomie a managementu, 2022. 175 s. ISBN 978-80-88330-73-8 .
HOLMAN, Robert a kol. Dějiny ekonomického myšlení. 4. vyd. Praha: C. H. Beck, 2017. 576 s. ISBN 978-80-7400-641-8.

Advised literature

BUCHHOLZ, Todd G. Živé myšlenky mrtvých ekonomů. Praha: Victoria Publishing, 1993. 268 s. ISBN 80-85605-50-3.
MACHÁČEK, Martin. Soumrak ekonomie? K problému formalizace a krize smyslu společenské vědy. Series on Advanced Economic Issues, vol. 34. Ostrava: Ekonomická fakulta VŠB – TU Ostrava, 2015. 123 s. ISBN 978-80-248-3749-9.
SOJKA, Milan. Dějiny ekonomických teorií. Praha: Havlíček Brain Team, 2010. 544 s. ISBN 978-80-87109-21-2.