Topics: (tentative)
Session Issues R eadings Remarks
1. Overview, TEXT: Ch1 p2-6,
2. Historical : Old & New, TEX T: CH11
Max Weber
North/Fogel
3. Value & Utili ty, TEXT: CH12
Jevons/Menger/ Walras
4.Investment: theory and practice, TEXT: CH14
Tobin’s Q theory
GE 6 sigma
5. Private Mon ey & Public Debt, TEXT: CH16
Wicksell / Fisher / Friedman
Hayek
6. Econom ic Institutions:Household, Firm, Enterprise & Industry, TEXT: CH19
Becker
North / McClosky
Williamson /
7.Transaction Co st & Property Rights, TEXT: Coase / Cheung
8.Inequality & Welfare And economic justice, TEXT: CH20
Stiglitz / Sen / Arrow
case: Argentina
9.Aggregation: from Micro: a little taste of Macroeconomics,TEXT:Marshall/Keynes
10.Crisis & Depression NeoKeynesian / Neo-Wicksellian macro,TEXT:Minsky/
Expected workload per week:
1 topic listed above
3 In-class Hours
4.5 Outside-of-class Hours
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Assigned Midterm Report 50%, Final Exam 30%, Quiz 20% (no notifications in advance, 2-3 times per semester subject to class progress，students should attend at least one quiz to pass the minimum requirement to attend the final exam)
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TEXT: required--The Evolution of Economic Thought, 8th Edition by Brue & Grant (2013) as TEXT
Reference: Economic Theory in Retrospect, by Mark Blaug (1986), The Methodology of Economics: Or, How Economists Explain, (1992) as B1 and B2
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