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History of Economic Thought [ LECON2065 ]


5.0 crédits ECTS  30.0 h  

Teacher(s) De Vroey Michel ;
Language English
Place
of the course
Louvain-la-Neuve
Main themes It is supposed that graduate students have already had some general introduction to the history of economic theories. Therefore this course will rather deal with special topics to be studied in depth. Possible topics are: the evolution of the meaning of equilibrium in economic theory; evolving conceptions of rationality in economic theory; the history of macroeconomics; controversies over involuntary unemployment in economic theory., the history of welfare theory, etc.
Aims This course belongs to the group of critical courses aiming at complementing the technical education offered to our master students with a more philosophical, methodological and historical reflection. It should help students to get a broader per-spective in an age of specialization and emphasis on technical skills. Moreover, it should also alert them to the fact that pro-gress in economic theory, however elusive it may be, goes along with controversies and scientific revolutions.
Content The method adopted in this course will consist in reading the seminal papers that have marked the evolution of the field. Students will be requested do read these papers in advance. During the classes, their meaning and con-tents will be analyzed with a special attention being given on how to replace them in the wider perspective of the development of the field under study.
Other information While the form of the examination might vary (paper, written examination), it will bear on the student's ability to relate the origin of the field under study to its present state as well as to under-stand the whereabouts of the possible turns that occurred in the development of the field.
Cycle et année
d'étude
> Master [60] in Economics : General
> Master [120] in Economics: General
> Master [120] in Economics: Econometrics
Faculty or entity
in charge
> ECON


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