- Department: Economics and Related Studies
- Credit value: 20 credits
- Credit level: I
- Academic year of delivery: 2024-25
- See module specification for other years: 2023-24
The module provides a general introduction to the main alternatives to orthodox economics, including Post Keynesianism, radical/Marxian economics, institutionalism, Sraffian economics and Austrian economics.
Pre-requisite modules
Co-requisite modules
- None
Prohibited combinations
- None
prerequisite module: Principles of Economics
Occurrence | Teaching period |
---|---|
A | Semester 2 2024-25 |
To give a wide-ranging treatment of heterodox economics covering most of the key theories
To explain the reasoning behind heterodox economics and show how it differs from orthodox theories and methods
To adopt a political economy approach that stresses the links between economics and other disciplines such as history, politics and sociology
On completing the module a student will be able to:
Distinguish and compare the various alternative schools of thought in economics
Understand the core arguments in heterodox economics
Critically assess the theories and ideas considered
Go beyond the neoclassical framework when interpreting modern economies and evaluating economic policy
Task | % of module mark |
---|---|
Closed/in-person Exam (Centrally scheduled) | 100 |
None
Task | % of module mark |
---|---|
Closed/in-person Exam (Centrally scheduled) | 100 |
Feedback will be provided in line with University policy
Sawyer, M.C. (1989), The Challenge of Radical Political Economy, Harvester Wheatsheaf.
Stilwell, F. (2012), Political Economy: The Contest of Economic Ideas, 3rd edn, Oxford University Press.