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.
2x1hr lectures/week, 1x1hr tutorial/week
1x2000wd essay (40%), 1x1.5hr exam (40%), 1x1000wd tutorial leadership and write up (10%), tutorial participation (10%)
12 credit points at 1000 level in Political EconomyProhibitions