Course Description

This course trace the evolution of economic theory from the German Historical School to the formation of schools of economics in the early 20th century, focusing on key figures and ideas that have had wide-spread subsequent impact on economic theory. And we will develop an insight into the evolution of economic life and will provide an opportunity for better understanding of the nature of economic science. And this course has its starting point in the institutional approach of Thorstein Veblen, and this course will focus on the ideas of the Marginalist Revolution, Institutional Economics, and the Keynesian Revolution.