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Sep 22, 2023
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HST 343 - Topics in Economic History
This course surveys the main developments in economic theory during the modern period. It begins with an introductory background about the medieval guilds and crafts and the feudal agrarian-based economies of the early modern period. Then it covers systematically as major figures the contributions of Adam Smith, David Ricardo, T. R. Malthus, J. M. Keynes, M. Friedman, and J. K. Galbraith. The differing evolutions of free-enterprise and command economies, and how they manifested themselves in capitalism and socialism, are investigated in some detail. The intricate interplay between the often antagonistic forces of freedom and poverty is emphasized, as is the rise of the modern banking and investment systems. The influence of an increasingly globalized world on production, labor, distribution of wealth, north-south dynamics, access to natural resources, and development is a central theme.
3.000 Credit hours
3.000 Lecture hours

Levels: Undergraduate
Schedule Types: Lecture, Tutorial

Communication, Arts& Languages Department

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