Development of Economic Thought I

This module is the first part of two twin modules teaching the history of economic thought. The aim of this module is to explain and evaluate the evolution of economic thought starting from the Greek times till the mid-nineteenth century and the emergence of Marxist thought.


Although historical, this module contributes in the theoretical economic underpinning of the 2030 Agenda and the role of classical and neoclassical economic theory in this context. Most economic theories – as the 2030 Agenda – are related to every aspect of sustainability especially those linked to decent work and economic growth (SDG 8), reduced inequality (SDG 10) and peace, justice and strong institutions (SDG 16).