History of Economic Thought

Code Cours
Language of instruction
French, English
This course occurs in the following program(s)
Training officer(s)
Juliette Gadaud


This class is designed to deepen the acquired knowledge from that of the first year framework- Beginning Economic Thought. We weill study the different waves of economic thought, understand how they evolved and how they are tied together. To accomplish this we will conduct a chronological study of economic thought but we will also work transversely starting from fundamental economic notions. We will remember several major authors and notions that have marked the history of discipline and of which the knowledge is necessary for students receiving a Bachelors (referred to as a licence in this program) in economic finance.
Chapter 1: The development of economic thought in the 16th and 18th century.
Chapter 2: Richardian economy
Chapter 3: The neoclassic wave or microeconomic advent
Chapter 4: Heterodoxes: the rise of microeconomic analysis
Chapter 5: Macroeconomic synthesis
Chapter 6: The newstqrt of classical macroeconomics: monetarism and it's forthcomings

Organisation of class labs (TD-travaux dirigés)
6 sessions of labs (TD) that last 1.5 hours
The purpose of the labs is to better know the authors and themes pertaining to different economic trends.
In each session, one or two presentations will take place by one or two groups of students (3 students on average per group). Each group will turn in (both on paper and electronically) to he who is in charge of the lab (TD) a report of his work study (10 pages maximum) four days before the presentation. The electronic report will be put on icampus so that the group of students may have access to the work before the day of the lab.
The day of the lab (TD), the students present their work study for 20 minutes. At the time of the presentation, 2 reporters chosen at random (after the presentaiton) must quickly give a summary of the presentation and initiate an intelligent debate (thus it would be to the interest of each student to have already read the work study report on the specific subject and to have attentively listened during the presentation). The subject will be debatted for about 30 minutes. Following the presentation and the debate, time will be reserved so that the main ideas can be summarized and they can respond to the questions that were previously posed.
The theme of the overall exhibition will be chosen at the beginning of the semester.
Documents and bibliographic subjects will be established for each individual theme. When having difficulty at the time of your work or research you can make an appointment with the head of your lab (TD).
All reports will be analysed by an anti-plagiarism system. Any work partially or fully plagiarized will be attributed a zero.
In the case of late work whether electronic or on paper, two points will be taken from the assignment for everyday it is late.
When a student is tardy on the day of exposition, this student will be punished and the presentation must still take place.
1 in school exam (DS) per semester + 1 final exam presented as a dissertation
For the labs:
- 1 grade out of 20 for the study work and it's presentation: 10 points for the form of the written work and the oral presenation while 10 points are reserved for the depth of the project.
-1 grade out of 5 for the work done by the reporter: summary, start of debate, and questions
The note of the lab will be taken out of 20.


Forms of instruction

•Pour chaque séance, des documents sont à lire (dont auteurs dans le texte). Réalisation d’une fiche de synthèse à la maison.

•En cours : 30 min ou plus de questions/réponses sur les thèmes non compris Mise en évidence des points fondamentaux

•Evaluation par QCM et/ou mind map à réaliser et/ou problématique à traiter en groupe




Guerrien, collection repères, édition La Découverte., La théorie économique néoclassique (tome 1),, ||Blaug, édition economica., La pensée économique, (une bible. Explications poussées des ouvrages de références. Conseillé pour JS Mills, théorie de la valeur, épargne/investissement : table des matières très bien faite).||Henry, collection U, édition Armand Colin, Histoire de la pensée économique,, (explication des ouvrages principaux).||Bailly and al., collection Grand amphi économie, édition Bréal., Histoire de la pensée économique, ||Deleplace, édition Dunod., Histoire de la pensée économique,, . (approche par auteurs).||La documentation française., Cahiers Français, découverte de l’économie, N° 280 – Histoire de la pensée économique, mars/avril 1997, ||La documentation française (utile pour Homo economicus), Cahiers Français, comprendre l’économie – 1. Concepts et mécanismes, N° 315, juillet/août 2003,, )||Ravix, collection Topos, édition Dunod., La pensée économique classique,, ||Daniel, édition Pearson, 2010., Histoire vivante de la pensée économique – des crises et des hommes,, ||Poulon, collection Topos, édition Dunod., La pensée économique de Keynes,, ||Jessua, édition PUF, Histoire de la théorie économique,, (ouvrage très complet et facile d’accès).||Abraham-Frois, édition Economica., Economie politique, (Approche par thématique, exemple : marché, circuit, plein emploi).