History of Economic Analysis


The aim of this course is to lead Master students into a reflection of economics that goes deeper, as they have accomplished their studies of Macroeconomics, Microeconomics and Econometrics at the undergraduate level. Studying History of Economic Analysis is helpful, because it exposes students to pluralism of ideas on economic problems, and is, therefore, an essential pedagogical tool to teach Economics.

General characterization





Responsible teacher

Maria Eugenia Mata


Weekly - Available soon

Total - Available soon

Teaching language



Available soon


  • Blaug, Mark – Economic theory in retrospect –Cambridge, New York, Cambridge University Press, 1985.

    B10-001(3a)/A (NSBE) - 4107.

    B10-001(3a)/C (NSBE) - 6216.

    B10-001(3a)/D (NSBE) - 86-1937.


  • Brue, Stanley – The evolution of economic thought – Dryden Press, 2000. B10-006(6a) (NSBE) - 2001- 0363.

  • Ekelund, Robert; Herbert, Robert - A history of economic theory and method - Mc Graw Hill, New York, 1990. E.030-014(1a) (NSBE).

    B00-012(3a)/A (NSBE) - 91-0561.

    B00-012(3a)/B (NSBE) - 91-0562.

    B00-012(4a)/A (NSBE) - 98-0189.

    B00-012(4a)/B (NSBE) - 98-0400.

  • Mehrling, Perry – Fischer Black and the revolutionary idea of Finance, New Jersey, John Wicks & Sons Inc., 2005.

    G10-021 (NSBE) - 2005-0565.

  • Screpanti, Ernesto; Zamagni, Stefano – An outline of the History of Economic Thought – Oxford, Clarendom Press, 1993.

    B10-005/A (NSBE) - 2000-0324.

    B10-005/B (NSBE) - 2004-0436.

  • Schumpeter, Joseph – History of economic analysis – New York, Oxford University Press, 1994.

    B10-011(eng)/A (NSBE) - 1181.

    B10-011(eng)/B (NSBE) - 86-1469.

  • Snowdon, Brian; Vane, Howard – A modern guide to macroeconomics: An introduction to competing schools of thought – Aldershot, UK, Edward Elgar, USA, 1994. E12-007 (NSBE) - 2001-0568

  • Staley, Charles – A history of economic thought: from Aristotle to Arrow – Cambridge Ma, B. Blackwell, 1989.

    B00-001/A (NSBE) - 92-0326.

    B00-001/B (NSBE) - 2004-0274.

Articles from journals devoted to the program topics will be available on the moodle page.

Teaching method

Each week the course provides two lectures (1.5 h each one) to deliver the announced content and discussion of the themes.

An individual mid-term practical work and its presentation in the classroom is an excellent opportunity to write on announced issues, to define a field of specialization for a Master thesis and to get preparation for the final exam. Themes are available at the Moodle course page.

Office hours are announced at the beginning of the term (depending on lecturing timetables).

Evaluation method

The Final Exam is mandatory and must cover the entire span of the course. Its weight in the final grade can be between 30 to 70%. The remainder of the evaluation can consist of class participation, midterm exams, in class tests, etc. Overall, written in class assessment (final exam, midterm) must have a weight of at least 50%.

Final exam and mid-term individual presentation, weighting 70% and 30%, respectively.

Participation at discussions may provide information for marginal adjustments.

Subject matter

It is an engagement that exposes the student to the links that underlie today’s debates, and their origins. It is not a narrative of the way that economic studies have unfolded over time. Students must come to grips with the continuous process of creation and demolition that characterizes any science, rather than memorize a succession of incremental steps toward improvement.


Programs where the course is taught: