Economic Theories of Modern Capitalism (ECOP2011)


This unit of study examines the economic theory that emerged with the formation and development of capitalism. It explores the key theoretical focuses of political economy, classical, neo-classical and general equilibrium theories, before proceeding to analyze the economics of Keynes and post-Keynesian theory, and reflecting on contemporary macroeconomic debates, including production, the distribution of income and economic growth.

Our courses that offer this unit of study

Further unit of study information


2x1hr lectures/week, 1x1hr tutorial/week


1x1500wd Essay (40%), 1x2hr exam (40%), 1x500wd Tutorial presentation (10%), Tutorial participation (10%)

Faculty/department permission required?


Unit of study rules

Prerequisites and assumed knowledge

ECOP1001 and (ECOP1003 or ECOP1004)



Study this unit outside a degree

Non-award/non-degree study

If you wish to undertake one or more units of study (subjects) for your own interest but not towards a degree, you may enrol in single units as a non-award student.

Cross-institutional study

If you are from another Australian tertiary institution you may be permitted to underake cross-institutional study in one or more units of study at the University of Sydney.