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Unit of study_
ECOP2011: Economic Theories of Capitalism
2025 unit information
This unit is designed to extend your understanding of the workings of the evolving capitalist economy. You will do this by critically engaging with economic theory which will deepen your knowledge of different schools of economic thought introduced to you in ECOP1001. This critical engagement will enable you to evaluate the fundamental economic features of capitalism such as: the role of markets in social provisioning and capital accumulation; class and inequality; the workings of money and finance; the nexus between unemployment and inflation; the tension between economic growth and the environment; and innovation and technological change.
Unit details and rules
Managing faculty or University school:
Arts and Social Sciences
| Study level | Undergraduate |
|---|---|
| Academic unit | Political Economy |
| Credit points | 6 |
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Prerequisites:
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12 credit points at 1000 level in Political Economy |
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Corequisites:
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None |
| Prohibitions:
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ECOP2001 |
| Assumed knowledge:
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None |
At the completion of this unit, you should be able to:
- LO1. understand the conceptual underpinnings of the relevant theories
- LO2. understand their limitations and the reasons for disagreement within economics
- LO3. understand the political and historical context of the theories
- LO4. formulate and express well-grounded views about the workings of the capitalist economy and theories about it.
Unit availability
This section lists the session, attendance modes and locations the unit is available in. There is a unit outline for each of the unit availabilities, which gives you information about the unit including assessment details and a schedule of weekly activities.
The outline is published 2 weeks before the first day of teaching. You can look at previous outlines for a guide to the details of a unit.
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Modes of attendance (MoA)
This refers to the Mode of attendance (MoA) for the unit as it appears when you’re selecting your units in Sydney Student. Find more information about modes of attendance on our website.
