Module Catalogues, Xi'an Jiaotong-Liverpool University   
Module Code: ECO201
Module Title: History of Economic Thought
Module Level: Level 2
Module Credits: 5.00
Academic Year: 2017/18
Semester: SEM1
Originating Department: International Business School
Pre-requisites: ECO109 AND ECO120
This module aims to provide a historical and methodological basis for understanding modern economic theory.
Learning outcomes 
Students completing the module successfully should:

A. Analyse the philosophical basis for methodology

B. Differentiate between and analyze the approach to subject matter adopted by the different schools of thought

C. Demonstrate a knowledge of the context within which different strands of economic thought developed.

D. Evaluate different methodological approaches
Method of teaching and learning 
Lectures will provide essential information about the contributions of authors in economics, their ideas, and schools of thought in their historical context. In tutorials students will read and discuss selected original economics texts. Engagement with the material will be encouraged through interactive teaching methods.
1. Introduction: Does Economics Have a Useful Pastbr>
2. Mercantilism and Physiocrats

3. Classical school I: Forerunners

4. Classical School II: Smith

5. Classical School III: Malthus and Ricardo

6. Classical School IV: Mill

7. Utopian Socialism and Marx

8. The Marginal Revolution

9. Marshall, Cambridge and the Neoclassical School

10. Veblen and Institutionalism

11. Calculation Debate and Welfare Economics

12. Keynesian Macroeconomics and Hayek’s Challenge

Delivery Hours  
Lectures Seminars Tutorials Lab/Prcaticals Fieldwork / Placement Other(Private study) Total
Hours/Semester 26    12      112  150 


Sequence Method % of Final Mark
1 Assignment 35.00
2 Final Exam 65.00

Module Catalogue generated from SITS CUT-OFF: 10/22/2017 9:34:03 PM