HISTORY OF ECONOMIC THOUGHT

To provide students with major analytic and comparative tools to interpret the evolution of the economic thought.

Knowledge and understanding: The course aims to provide students with knowledge about the evolution of economic thought throughout history, with the study and the comparison of the theoretical paradigms and schools of thought that have emerged over the centuries to interpret and dominate economic phenomena which occurred in ancient, modern and contemporary times. Applying knowledge and understanding: Students will be able to use the tools acquired during the course to interpret the current economic reality in the light of past events and theories in a dynamic and future perspective. Making judgements: The awareness of a plurality of theoretical paradigms to explain economic phenomena will allow students to observe reality with a critical attitude of judgment. Communications Skills: This course will provide the conceptual and lexical tools to communicate ideas, proposals, analysis and critical reasoning in a clear and appropriate way, even in an institutional context. Learning skills:. The course will give students the opportunity to use the theoretical analysis tools applicable in many economic contexts, giving them the ability to continue studying and learning independently.

None

The history of economic thought to the “classics” to major contemporary economists.

Alessandro Roncaglia, Breve storia del pensiero economico, edizioni Laterza, 2016. Teaching materials

Up-front classes using traditional sources and electronic sources; seminars; working group

The student's assessment will be structured as follows: - 70% of the final grade: continuous assessment through working groups or individual contribution to verify the ability to apply the knowledge and skills acquired. The continuous assessment instructions will be illustrated by the lecturer at the beginning of the course. The marks for the in-progress tests are valid for the entire academic year. The aim of these activities is to test the ability to analyse and understand texts chosen by the lecturer, as well as the ability to present and team-build. - 30% of the final grade: the final examination will consist of an oral interview aimed at verifying the student's knowledge of the evolution of economic thought and the ability to critically discuss the application of economic theories to the real context. The relevance of the answers, the logical coherence of the arguments, the ability to identify multidisciplinary and intertemporal thematic connections, as well as the appropriate use of technical terminology and expository ability will be assessed. Also evaluated will be the student's capacity for judgement and autonomy of study, which are necessary to continue to study the subject independently. For students who have successfully completed the in-progress test, the oral examination will include some questions on the examination programme, excluding the parts indicated by the lecturer. For students who did not participate in the continuous assessment, the oral examination will cover the complete syllabus and any additional readings indicated by the lecturer on the Luiss Learn, including Daniel Kahneman, Slow and fast thinking, any edition.

Commitment and interest showed, and abilities acquired by the student.