Introduction to Economic Thought

Presentation

This curricular unit has as main objectives:
¿ Identify and analyze the primary and secondary sources of economic thinking.
¿ Explain the historical component of economic theories.
¿ Compare the simultaneously cumulative and conflicting nature of different economic models.
¿ Relate the different themes of economic thinking.

Part of this Programme

Economics

Level of Qualification|Semesters|ECTS

| Semestral | 4

Year | Type of course unit | Language

1 |Mandatory |Português

Code

ULHT32-17114

Recommended complementary curricular units

This course is a basis for several in the area of economics.

Prerequisites and co-requisites

n/a

Professional Internship

Não

Syllabus

• Sources and Methodology of the History of Economic Thought.
• Preclassical Thought: from Aristotle to Bodin.
• From the classics to the marginalists.
•  From Marshallina economics to Keynesianism.
• From Welfare Economics to New Economies

Objectives

At the end of the semester of this course, the student should master the following skills:
Identify and analyze the primary and secondary sources of economic thought.
¿ Explain and master the historical component of economic theories.
¿ Compare the simultaneously cumulative and conflicting nature of different economic models.
¿ Relate the different themes of economic thinking.
¿ Understand the dynamic nature of economic thinking.
¿ Be able to analyze the consequences of external economic effects on economic activity.
¿ Provide students with the necessary knowledge to read and criticize the specialized economic press.

Teaching methodologies and assessment

The previously defined objectives are operationalized through theoretical and practical learning. Thus, the classes will be divided between more expositive classes for presentation of theoretical frameworks by the teacher and more practical classes of construction, analysis and discussion of concrete cases. Students will also be stimulated in terms of autonomous self-study to look for bibliography and documents that may be of interest to the defined themes.
The evaluation will be continuous using several methodologies: oral and written presentation of cases with subsequent discussion. There will also be an individual moment which will correspond to the construction of a report on a case study.
The following assessment elements are adopted, with the following weights:
Assessment Element Weighting in final grade
Class participation 5%
Group Work 40%
Case Study (s) 55%

References

• Alternatives Economiques (2012). Les grands auteurs de la pensée económique. Paris: AE-Poche.
• Blaug, Mark (1989). História do pensamento económico, 1o e 2o Volume, Publicações. Lisboa: Dom Quixote.
• Denis, Henri (1993). História do pensamento económico. Lisboa: Livros Horizonte.
• Heilbroner, R. (1972). Os grandes economistas. Lisboa: Publicações Dom Quixote.
• Heilbroner, R. (1996). História do pensamento económico. São Paulo: Editora Nova Cultural (pdf).
•  Hunt, E. & Lautzenheiser, M. (2013). História do pensamento económico: uma perspectiva crítica. England: Elsevier (pdf).

Office Hours