Course Catalogue

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The course will cover various heterodox strands of economics, including Post-Keynesian theory with the aim of providing an alternative approach to mainstream economics.

Lectures: (10 x 2-hour lectures)
Revision Lecture: (1x1 hour lecture)

University of Glasgow students must have achieved Subject Honours entry requirements as detailed below to enrol on this course. Permission is required for non-Economics students to take this course as an outside option.

A GPA of 12 (average C3) in Economics 2A and 2B with no course grade below D3, attained at the first attempt. A minimum grade of D3 in both ECON1012, Introductory Mathematics for Economists and ECON1013, Introductory Statistics for Economists unless exemptions were agreed on the basis of other courses taken in year 1. Refer to course specifications for details. These grades may be achieved at the second attempt.

None

None

ILO (covered)

Reassessments are normally available for all courses, except those which contribute to the Honours classification. For non Honours courses, students are offered reassessment in all or any of the components of assessment if the satisfactory (threshold) grade for the overall course is not achieved at the first attempt. This is normally grade D3 for undergraduate students and grade C3 for postgraduate students. Exceptionally it may not be possible to offer reassessment of some coursework items, in which case the mark achieved at the first attempt will be counted towards the final course grade. Any such exceptions for this course are described below. 

The main aims of this course are to:

The main aims of this course are to:

1. Familiarise students with non-mainstream approaches to economic analysis.

2. Analyse and discuss important economic topics of contemporary interest.

3. Highlight the political stance underpinning alternative economic approaches and the policy implications deriving from such approaches.

By the end of this course students will be able to:

1. Critically discuss how heterodox economics differs from standard mainstream theory, particularly with regard to their epistemological, philosophical and methodological foundations.

2. Critically analyse the contrasting features of the mainstream and heterodox approaches.

3. Critically contrast policy implications deriving from the heterodox and mainstream economic paradigms.

Students must submit at least 75% by weight of the components (including examinations) of the course's summative assessment.