This unit of study involves an intensive study of two classic works in the history of economic thought: Adam Smith's (1776) An Inquiry into Nature and Causes of the Wealth of Nations; and John Maynard Keynes's (1936) The General Theory of Employment, Interest and Money. From time to time other classics may be studied instead. The unit’s aims are to: (i) demonstrate the evolutionary and temporal nature of current economic theory, (ii) indicate the attitudes which have developed in the field of policy, and their relation to past theory, environment, and action; and (iii) make the student aware of the literary, philosophical, and cultural elements underlying economic knowledge and practice.
Unit details and rules
Academic unit | Economics |
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Credit points | 6 |
Prerequisites
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(ECON6001 or ECON6701) and (ECON6002 or ECON6702) |
Corequisites
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None |
Prohibitions
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None |
Assumed knowledge
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None |
Available to study abroad and exchange students | Yes |
Teaching staff
Coordinator | Graham White, g.white@sydney.edu.au |
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