This course exposes the students to the
development of economic ideas. The systematic unfolding of economic ideas by
different theorists in various epochs is evaluated. Topics include the
evolution of societies and production relation. The founders of economic
thought like Plato, Aristotle, commercial capitalism and genesis of classical
schools, the mercantilism, physiocratic schools, the rise of socialist thought, monetary,
mathematical, Keynesian, welfare and modern theories of growth and development
economics are examined. Marginalists and modern schools of economic thought.
African economic ideas and future prospects.
Level of Study: 300 Level