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History of Economic Thought (ECON30008)

Undergraduate level 3Points: 12.5Not available in 2019

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Year of offerNot available in 2019
Subject levelUndergraduate Level 3
Subject codeECON30008
FeesSubject EFTSL, Level, Discipline & Census Date

The development of economic theory, emphasising the works of the classical and neoclassical economists and Keynes. The subject will be concerned with looking at modern economic theory from an historical perspective. Students will be expected to read original works as well as secondary literature.

Intended learning outcomes

  • Understand the pre-occupations of economists and the way these have changed over time.
  • Appreciate the main contributions to economics, during the neoclassical period.
  • Compare alternative views and approaches to economics.
  • Contrast developments in various countries.
  • Appreciate the influence of other subjects on the development of economics.
  • Become familiar with major personalities and literature of economics.

Generic skills

  • High level of development: written communication; interpretation and analysis; critical thinking; receptiveness to alternative ideas.

  • Moderate level of development: oral communication; problem solving; accessing data and other information from a range of sources.

  • Some level of development: collaborative learning; application of theory to practice.

Eligibility and requirements


Both of:

Code Name Teaching period Credit Points
ECON20002 Intermediate Microeconomics
Summer Term
Semester 1
ECON20001 Intermediate Macroeconomics
Semester 2



Non-allowed subjects


Recommended background knowledge

Please refer to Prerequisites and Corequisites.

Core participation requirements

The University of Melbourne is committed to providing students with reasonable adjustments to assessment and participation under the Disability Standards for Education (2005), and the Assessment and Results Policy (MPF1326). Students are expected to meet the core participation requirements for their course. These can be viewed under Entry and Participation Requirements for the course outlines in the Handbook.

Further details on how to seek academic adjustments can be found on the Student Equity and Disability Support website: http://services.unimelb.edu.au/student-equity/home


Additional details

  • One 2-hour end-of-semester examination (80%)
  • One essay of approximately 2000 words (20%)
  • To pass this subject students must pass the end of semester examination.

Dates & times

Not available in 2019

Time commitment details

Estimated total time commitment of at least 170 hours.

Further information

  • Texts

    Prescribed texts

    You will be advised of prescribed texts by your lecturer.

  • Breadth options
  • Available through the Community Access Program

    About the Community Access Program (CAP)

    This subject is available through the Community Access Program (also called Single Subject Studies) which allows you to enrol in single subjects offered by the University of Melbourne, without the commitment required to complete a whole degree.

    Entry requirements including prerequisites may apply. Please refer to the CAP applications page for further information.

  • Available to Study Abroad and/or Study Exchange Students

    This subject is available to students studying at the University from eligible overseas institutions on exchange and study abroad. Students are required to satisfy any listed requirements, such as pre- and co-requisites, for enrolment in the subject.

Last updated: 11 October 2019