ECO 715 Contending Economic Theories

This course aims to provide students with a basic overview of the three main contending approaches to economics: neoclassical, Keynesian and Marxian. These are three very different ways of understanding what economies are, how they work and develop, and what impacts they have on the societies in which they exist. They also lead to different conclusions about what social changes could or should be pursued by people and also what policies governments ought to consider.