The unit studies classic works by the most influential scholars in the historical development of economic theory. Two classic works will be studied in the unit: Adam Smith's (1776) An Inquiry into Nature and Causes of the Wealth of Nations; and John Maynard Keynes's (1936) The General Theory of Employment, Interest and Money. From time to time other classics may be studied instead, such as: David Ricardo's (1817) Principles of Political Economy, Alfred Marshall's (1890) Principles of Economics or Knut Wicksell's (1901-06) Lectures on Political Economy.
At the completion of this unit, you should be able to:
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