History 4610 History of Economic Thought I (Winter 2024)

This course traces economics ideas from the Greek philosophers to the end of the classical school in the mid-nineteenth century, in particular the works of Plato, Aristotle, St. Thomas Aquinas, the English Mercantilists, the French physiocrats, Adam Smith, Thomas Malthus, David Ricardo, and J.S. Mill. A continuing theme is the relationship between the development of economic ideas and the structure of the society in which the economist lived. Cross-listed with Economics (cf. Economics 3110)

Course Instructor
Jim Sentance

Blaug, M. (1985). Chapter 3: Population, diminishing returns, and rent. In Economic theory in retrospect. Cambridge University Press, 4th ed. pp. 67–87.

Blaug, M. (1985). Chapter 4: Ricardo's system. In Economic theory in retrospect. Cambridge University Press, 4th ed. pp.88-148.

Cameron, Rondo, and Larry Neal. (2003). Chapter 5: Europe's Second Logistic. In A concise economic history of the world: from paleolithic times to the present. Oxford University Press, 4th ed. pp.94-127.

Cameron, Rondo, and Larry Neal. (2003). Chapter 7: The Dawn of Modern Industry. In A concise economic history of the world: from paleolithic times to the present. Oxford University Press, 4th ed. pp.160-186.

Ekelund, R. B., & Hébert, R. F. (2014). Chapter 2: Ancient and Medieval Economic Thought and Institutions. In A history of economic theory & method. Waveland Press, 6th ed. pp.9-45.

Ekelund, R. B., & Hébert, R. F. (2014). Chapter 3: Mercantilism. In A history of economic theory & method. Waveland Press, 6th ed. pp.46-71.

Rima, I. H. (1991). Chapter 4: Adam Smith: From Moral Philosophy to Political Economy. In Development of Economic Analysis. Irwin, 4th ed. pp.70-99.

Rima, I. H. (1991). Chapter 7: Nassau Senior and John Stuart Mill: Classicism Comes of Age. In Development of Economic Analysis. Irwin, 4th ed. pp.147-165

Staley, C. E. (1994). Chapter 4: The Physiocrats. In A history of economic thought: From Aristotle to Arrow. Basil Blackwell. pp. 31–40.