History of Economic Ideas (9541.1)

Please note these are the 2016 details for this unit
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History of Economic Ideas
Available teaching periods Delivery mode Location
View teaching periods
EFTSL Credit points Faculty
0.125 3 Faculty Of Business, Government & Law
Discipline Study level HECS Bands
Canberra School Of Politics, Economics And Society Level 3 - Undergraduate Advanced Unit Band 4 2021 (Commenced After 1 Jan 2021)
Band 4 2021 (Commenced After 1 Jan Social Work_Exclude 0905)
Band 5 2021 (Commenced Before 1 Jan 2021)
Student will study the history of economic thought to understand why individuals, firms, and governments make certain choices. The history of economic thought represents a wide diversity of theories within the discipline, but all economists address these three basic questions: what to produce, how to produce it, and for whom. Studying the history of economic thought, identifies policies presented as great innovations today are actually founded upon centuries-old writings. Students will learn that without a clear sense of the discussions and debates that took place among economists of the past, the modern economist lacks a complete perspective. By examining the history of economic thought, students will be able to categorize and classify thoughts and ideas and will begin to understand how to think like an economist.

Learning outcomes

On successful completion of this unit, students will be able to:
1. Explain and analyze the development of economics as a discipline in various ancient cultures;

2. Trace the development of European economic thought, and analyze concepts in historical context;
3. Compare and contrast as well as discuss classical economic theories; and
4. Synthesize the elements of neoclassical and Keynesian approaches in the modern era.


Graduate attributes

1. UC graduates are professional - communicate effectively
1. UC graduates are professional - use creativity, critical thinking, analysis and research skills to solve theoretical and real-world problems
2. UC graduates are global citizens - understand issues in their profession from the perspective of other cultures
3. UC graduates are lifelong learners - adapt to complexity, ambiguity and change by being flexible and keen to engage with new ideas
3. UC graduates are lifelong learners - reflect on their own practice, updating and adapting their knowledge and skills for continual professional and academic development


Prerequisites

9518 Foundations of Microeconomics OR 6355 Introduction to Economics

Corequisites

None.

Incompatible units

NONE.

Equivalent units

NO.

Assumed knowledge

None.
Year Location Teaching period Teaching start date Delivery mode Unit convener
Not available

Required texts

All the required and recommended readings for this unit are available in electroic form via the unit's Moodle site. 

Submission of assessment items

Extensions & Late submissions

There will be seperate Drop Boxes on the Moodle site for the uploading of all three Assessments. Emailed or hard copy submissions are not accepted under any circumstances. 

Students must apply academic integrity in their learning and research activities at UC. This includes submitting authentic and original work for assessments and properly acknowledging any sources used.

Academic integrity involves the ethical, honest and responsible use, creation and sharing of information. It is critical to the quality of higher education. Our academic integrity values are honesty, trust, fairness, respect, responsibility and courage.

UC students have to complete the Academic Integrity Module annually to learn about academic integrity and to understand the consequences of academic integrity breaches (or academic misconduct).

UC uses various strategies and systems, including detection software, to identify potential breaches of academic integrity. Suspected breaches may be investigated, and action can be taken when misconduct is found to have occurred.

Information is provided in the Academic Integrity Policy, Academic Integrity Procedure, and University of Canberra (Student Conduct) Rules 2023. For further advice, visit Study Skills.

Learner engagement

There is a good deal of reading required in this unit and students need to allocate their time effectively.

Participation requirements

It is in the nature of a unit delivered in Self Paced mode that students need to mange their workload in such a manner so as to submit all assignments in a timeframe that will allow them to complete the unit.  

Required IT skills

None

In-unit costs

None.

Work placement, internships or practicums

None