[Get Solution] History of Economic Thought

• Write an individual essay about the economics of the COVID-19 pandemic of 2020 • Carefully identify and evaluate the economic problems of the pandemic. • Apply economic theories from the history of economic thought discussed during this module. • Critically evaluate the strength and limitations of these theories. • Formulate a balanced judgment in your conclusions on the usefulness of these economics theories for understanding and addressing the problems caused by the pandemic. 1. Introduction Heilbroner, ch. 1, 2; Foley, preface; Landreth & Colander, ch. 1–3 2. Adam Smith Heilbroner, ch. 3; Foley, ch. 1; Landreth & Colander, ch. 4. 3. David Ricardo and Thomas Malthus Heilbroner, ch. 4; Foley, ch. 2; Landreth & Colander, ch. 5 4. Karl Marx Heilbroner, ch. 5, 6; Foley, ch. 3; Landreth & Colander, ch. 6, 7 5. The Marginalist Revolution Heilbroner, ch. 7, Foley, ch. 4; Landreth & Colander, ch. 8–10. 6. Keynes Heilbroner, ch. 9, Foley, ch. 5; Landreth & Colander, ch. 15 7. Institutional Economics 1 8. German Historical School 9. Austrian and Neoliberal Economics 10. Recent Trends in Economic Thinking 11. Economic Methodology

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