HISTORY OF POLITICAL ECONOMY
Stampa
Enrollment year
2017/2018
Academic year
2018/2019
Regulations
DM270
Academic discipline
SECS-P/01 (POLITICAL ECONOMY)
Department
DEPARTMENT OF ECONOMICS AND MANAGEMENT
Course
ECONOMICS
Curriculum
PERCORSO COMUNE
Year of study
Period
1st semester (24/09/2018 - 21/12/2018)
ECTS
9
Lesson hours
66 lesson hours
Language
Italian
Activity type
ORAL TEST
Teacher
Prerequisites
None
Learning outcomes
The course aims to provide theoretical and methodological tools for framing the different approaches of economic thinking from a critical point of view to the most important topics of economic science: value-accumulation, money and technological progress
Course contents
Introduction: Methodological aspects and different approaches to economic process analysis (4 h)

Part 1: Value and Accumulation in Economic Thinking (16h)
Theme 1: Value and accumulation according to Quesnay and Smith (4 h)
Theme 2: Value theory and origin of surplus-value in Ricardo (2 h)
Theme 3: Theory of Value, Accumulation and Crisis in Marx (4 h)
Theme 4: Theory of utility and value according to marginalist school and general economic equilibrium: from Marshall to Arrow-Debreu-Hahn (4h)
Theme 5: Sraffa's criticism and the controversy of capital (2 h)

Part 2: Money(14h)
Theme 6: Role and Functions of Money: Towards a Taxonomy of Monetary Theories (2 hrs)
Theme 7: The theory of Money in Wicksell and Schumpeter (2 h):
Theme 8: The money theory of Keynes and the neoclassical response (4 h)
Theme 9: The endogenous money theory: the credit circuit (credit money) and the financial circuit (finance-money) (6 h)

Part 3: Technological Progress (10h)
Theme 10: The technological progress in Marx and Schumpeter (4 h)
Theme 11: Sraffa's criticism and the controversy of capital (2 h)
Theme 12: The neoclassical theory of technological progress (2 h)
Theme 13: Neoschumpeterian School: Macroeconomic Foundations (2h)
Theme 14: Evolutionary theory of technical progress: microeconomic foundations (2 h)

Conclusions: Contemporary debate on the new paradigm of capitalist production and accumulation (4 h)
Teaching methods
Frontal lessons
Reccomended or required readings
Notes, slides and bibliographical references on the topics taught in the lesson can be found on the course website (http://economia.unipv.it/pagp/pagine_personali/afuma/didattica/storia.html)
Assessment methods
Written examination of 2 hours (three open questions) with possibility of supplementary oral examination for those who have a vote ≥ 26/30.
Further information
No content
Sustainable development goals - Agenda 2030