History of economic tought-theory and doctrine

Study:	Civil Law - 9. semester Commercial Law - 9. semester Constitutional-Administrative - 9. semester Criminal Law - 9. semester International Law - 9. semester The European Union Law - 9. semester
Code:	201649
ECTS:	4.0
Course coordinators:	prof. dr. sc. Ozren Pilipović prof. dr. sc. Nenad Rančić
Exam dates:	10. 06. 2024. 24. 06. 2024. 08. 07. 2024. 26. 08. 2024. 09. 09. 2024. Exam registration: Studomat

Literature:
Blaug, Mark; Economic Theory in Retrospect; Cambridge Universuty Press (2013), str. 1-704

Description:

In this course participants will gain an overview of the main schools of economic thought from the middle ages till the present day, as well as the most important cultural, political and legal impacts that they have had on the society at large.
Course Description:
Introduction to key economic theories, concepts and ideas, as well as investigation into their relevance to contemporary social and political issues on a local, national and global scale, by examining the key components of national and international economic systems. Although certain basic and important economic issues are discussed during the course, it does not require a background in economics. Rather, the course aims to help students in their first contact with economic theory and doctrines to understand the main principles of economics and evolution of contemporary economic systems. Economics evolved through a long process in which various thinkers through the dialogue with the works of their predecessors and their contemporaries with the aim to provide answers for pressing problems of society. This course emphasizes the historical context as well as the analytical contents of those theories, the evolution of economic thought and changing perspectives on the role of markets and the state in the economy. The course is built with a balance of historical and theoretical approaches in the study of practical issues.
The aims of this course:
The course is designed to build an understanding of evolution of economic institutions and principles, regardless of students' previous knowledge and experience with economic science. It will mainly focus on historical development of basic concepts of economic theory and relationship between private and public sectors of the economy. On successful completion of the course, students are expected to have familiarity and an ability to analyze and discuss the history of economic thought and ideas of major economic thinkers.
The objective of this course is to help students learn and understand these concepts and principles as well as to apply them to real life situations.

Cognitive Skills:

Understand the interaction between legal and economic system, how they can be in conflict, or how they supplement each other.

Comprehend the origins of contemporary economic theories

Describe the characteristics and origin of various schools of economic thought;

Analyze contemporary economic policy using past economists, methodologies, or schools of thought

Identify historical, political, economic, European, international or other social factors relevant to the creation and application of law.

Practical and Generic Skills:

After successfully mastering the course, students will be able to:

- publicly present learning outcomes;

- express themselves in a clear, adequately structured text explaining their standpoints;

- develop communication skills;

- participate in team work.

Matching Assessments to Learning Outcomes:

Classes in Political economy - global perspective are conducted as a continuous and proactive learning process in which the emphasis is placed on interaction.

- In that manner a constant two-way communicatiuon is ensured, which stimulated students' engagement and permanent acquisition of learning outcomes.

- Apart from regular consultations with Chair members, student assistants are also available to students in all classes and seminars

- Modern audio-visual contents are used in class.

- Several times per semester guest lecturers are invited (renowned representatuves of academic, business, trade union community, or representatives of governmental and other institutions) in order to transfer current and practical knowledge to students and motivate their critical evaluation of events and active mastering- of learning materials.

- Depending on time availability, visits to relevant institutions will be organised.

Examination

In accordance with the Bologna process application, stuidents' work will be monitored and evaluated throughout semester

Compulsory written (essay) and optional oral examination

Consultations schedule:

prof. dr. sc. Ozren Pilipović:
Thursday 12- 1 30 PM
Location: Tkalčićeva 48-50, room Tkalčićeva 48-50
prof. dr. sc. Nenad Rančić:
Tuesday 1 PM
Location: Tkalčićeva 48-50, room xx

Lecturer in charge	Consultations	Location
prof. dr. sc. Ozren Pilipović	Thursday 12- 1 30 PM	Tkalčićeva 48-50, room Tkalčićeva 48-50
prof. dr. sc. Nenad Rančić	Tuesday 1 PM	Tkalčićeva 48-50, room xx