30294 - EVOLUTION OF ECONOMIC IDEAS
CLEAM - CLEF - CLEACC - BESS-CLES - WBB - BIEF - BIEM - BIG
Course taught in English
Go to class group/s: 31
- The Great Crisis: What Went Wrong? Reconsidering the Role of the Economic Ideas.
- Classical Political Economy.
- The Marginal Revolution.
- The Ordinal Revolution.
- The Birth of Game Theory.
- The Axiomatization of Utility Theory.
- The Theory of Risky Decisions.
- The Rise of Behavioral Economics.
- Macroeconomics before Keynes.
- Great depression and Keynesianism.
- Another view: Monetarism.
- Great Inflation and New Classical Macroeconomics.
- Great Crisis and Clashing Approaches.
The exam texts is the same for all the students, including those who attended the course in the previous years.
The questions of the exam are four and compulsory (time=100 minutes). The grade of each question is 7.50/30; to pass the exam the overall grade has to be at least 18/30.
Mock exam questions are discussed during the course.
- I. MOSCATI, From Classical Political Economy to Behavioral Economics, Egea, 2012.
- I. MOSCATI, How Economists Came to Accept Expected Utility Theory: The Case of Samuelson and Savage, Journal of Economic Perspectives, 2016, available at https://www.aeaweb.org/issues/414.
- D. MASCIANDARO, Macroeconomic Ideas and Business Cycles: One Size Doesn’t Fit, available at http://papers.ssrn.com//sol3/papers.cfm?abstract_id=2529980.
- D. MASCIANDARO, D. ROMELLI, Ups and Downs of Central Bank Independence from the Great Inflation to the Great Recession: Theory, Institutions and Empirics, Financial History Review, 2015, available at http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2591904.
- Microeconomics: B.D. BERNHEIM, M.D. WHINSTON, Microeconomics, McGraw-Hill.
- Macroeconomics: O. BLANCHARD, Macroeconomics, Pearson.