The course provides the basic elements of Value, Capital and Accumulation within Classical Economics.
Pricing; Income distribution (Wages, Profits and Rent); Theory of Growth of a closed economy, of a small open economy, of the world economy.
A number of papers and readings that will be announced at the beginning of the Course. A few chapter from the book:
Kurz, D.H. and N. Salvadori (1995), Theory of production, Cambridge: Cambridge University Press.
Students must be familiar with the standard tools of microeconomics, elementary algebra, and elementary mathematical analysis. Some knowledge of models of economic growth is recommended, but is not required.
Prices; Wages, Profits and Rent; Growth; General Equilibrium.