The course aims to provide theoretical and methodological tools for framing the different approaches of economic thinking from a critical point of view to the most important topics of economic science: value-accumulation, money and technological progress
Course Prerequisites
None
Teaching Methods
Frontal lessons
Assessment Methods
Written examination of 2 hours (three open questions) with possibility of supplementary oral examination for those who have a vote ≥ 26/30.
Texts
Reference text: A. Fumagalli, Valore. Moneta, Tecnologia, DeriveApprodi, Rome, 2022. Handouts, slides and bibliographical references on the topics covered in the lecture, available on the Kiro platform: https://elearning.unipv.it/course/view.php?id=35)
Contents
Introduction: Methodological aspects and different approaches to economic process analysis (4 h)
Part 1: Value and Accumulation in Economic Thinking (16h) Theme 1: Value and accumulation according to Quesnay and Smith (4 h) Theme 2: Value theory and origin of surplus-value in Ricardo (2 h) Theme 3: Theory of Value, Accumulation and Crisis in Marx (4 h) Theme 4: Theory of utility and value according to marginalist school and general economic equilibrium: from Marshall to Arrow-Debreu-Hahn (4h) Theme 5: Sraffa's criticism and the controversy of capital (2 h)
Part 2: Money(14h) Theme 6: Role and Functions of Money: Towards a Taxonomy of Monetary Theories (2 hrs) Theme 7: The theory of Money in Wicksell and Schumpeter (2 h): Theme 8: The money theory of Keynes and the neoclassical response (4 h) Theme 9: The endogenous money theory: the credit circuit (credit money) and the financial circuit (finance-money) (6 h)
Part 3: Technological Progress (10h) Theme 10: The technological progress in Marx and Schumpeter (4 h) Theme 11: Sraffa's criticism and the controversy of capital (2 h) Theme 12: The neoclassical theory of technological progress (2 h) Theme 13: Neoschumpeterian School: Macroeconomic Foundations (2h) Theme 14: Evolutionary theory of technical progress: microeconomic foundations (2 h)
Conclusions: Contemporary debate on the new paradigm of capitalist production and accumulation (4 h)
Course Language
Italian
More information
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