ECO 307 HISTORY OF ECONOMIC THOUGHT (FULL NOTE)

Introduction and Definitions

ECONOMICS AS A SOCIAL SCIENCE

SCIENTIFIC METHOD

Components of the Scientific Method

Other components of the scientific method

SIGNIFICANCE/IMPORTANCE OF HISTORY OF ECONOMIC THOUGHT

HISTORICAL VIEW OF ECONOMIC THEORIES

ECONOMIC IDEAS OF THE HEBREWS

Greek Economic Thought

ARISTOTELIAN ECONOMIC VIEW

MEDIEVAL ECONOMIC THOUGHT (1500 – 1750AD)

Factors Shaping Mercantilism

Main ideas or Characteristics of Mercantilism

Critical Estimate of Mercantilism

MARXISM

DIFFERENCE BETWEEN CLASSICAL AND MARXIST POLITICAL ECONOMY

CLARIFICATION OF TERMS - CLASSICAL ECONOMICS

BRIEF HISTORY OF CLASSICAL ECONOMICS

THE CONCEPT OF CLASSICAL ECONOMICS

Highlights of classical economics

SHORTCOMINGS OF CLASSICAL ECONOMICS

MARXIST POLITICAL ECONOMY

DIFFERENCES BETWEEN CLASSICAL ECONOMY AND MARXIST POLITICAL ECONOMY

What's the difference between Socialism, Marxism, and Communism?

COMMUNISM VS SOCIALISM

Similarities Between Communism & Socialism

Differences Between Communism & Socialism

Communism and Socialism in Practice

Conservative vs. Liberal

Physiocracy

CLASSICAL ECONOMICS (CLASSICALIST)

ASSUMPTIONS OF CLASSICAL ECONOMICS

Keynesian Critique of the classical Economics Assumptions

The Classical Economic Model

Assumptions of the classical model

Mechanisms of the classical model