- Docente: Massimo Fornasari
- Credits: 6
- SSD: SECS-P/04
- Language: Italian
- Teaching Mode: Traditional lectures
- Campus: Forli
- Corso: First cycle degree programme (L) in Economics and business (cod. 9202)
Learning outcomes
This course is designed to introduce students to the main schools of economic thought and the intellectual context in which each school thrived.
At the end of the course students will be able to:
- understand the main schools of economic thought;
- grasp the main theoretical issues debated;
- connect economic theories, economic systems and economic policies.
Course contents
Part I - Birth and establishment of a new discipline: from the Scholastics to the classics
- From the Scolasticism to the Mercantilism
- Mercantilist commercial and monetary theories
- Forerunners of Classical Political Economy: W. Petty; D. North, B. Mandeville, P. Boisguillebert, R. Cantillon
- The laissez-faire Revolution : Quesnay and the physiocrats
- Galiani and the Italians
- Adam Smith: from the Theory of Moral Sentiments to the Wealth of the Nations and return
- Beyond Smith: J.B Say and J. Bentham
- T. Malthus and D. Ricardo: from the Theory of Rent to the Labour Theory of value
Part II. - The development of economic thought during the 19th and 20th centuries
- Marx and the Critique of Political Economy
- J. Stuart Mill's Synthesis
- Forerunners of Marginalism in Englans, France and Germany
- The Triumph of Utilitarianism and the Marginalist Revolution: S. Jevons; C. Menger; L. Walras
- English Neoclassical Economists: A. Marshall and Pigou; Sraffa's criticism of the Marshallian theoretical system
- Neoclassical Theory in USA, Sweden and Austria
- " The Years of High Theory": from J. Schumpeter to J.M Keynes
- After Keynes: Neo-Keynesians, Monetarists; Post-Keynesians.
Readings/Bibliography
A. Roncaglia, Breve storia del pensiero economico, Laterza, Bari-Roma, 2016
Slides provided by the teacher, included in the platform www.moodle.unibo.it
Teaching methods
Frontal lessons
Attendance at lectures is strongly recommended and ensures a "bonus" when assessing knowledge
Assessment methods
Written exam
Teaching tools
Pc; Beamer
Office hours
See the website of Massimo Fornasari
SDGs
This teaching activity contributes to the achievement of the Sustainable Development Goals of the UN 2030 Agenda.