Undergraduate Handbook 2026-2027
Module ECON1081: Introduction to the History of Economic Thought
Department: Economics
ECON1081: Introduction to the History of Economic Thought
| Type | Level | Credits | Availability | Module Cap | Location |
|---|---|---|---|---|---|
| Tied | 1 | 20 | Available in 2026/2027 | Durham |
Tied To
- CFC0: Natural Sciences (Psychology pathway)
- CFG0: Natural Sciences
- FGC0: Natural Sciences
- L125: Economics and Mathematics
- L126: Economics and Mathematics with Year Abroad
- L127: Economics and Mathematics with Placement
- L130: Economics
- L131: Economics with Placement Year
- L132: Economics with Study Abroad
- L133: Economics with Management
- L134: Economics with Management with Placement Year
- L135: Economics with Management with Study Abroad
- LA01: Liberal Arts
- LA02: Liberal Arts (with Year Abroad)
- LL01: Economics and Politics with Study Abroad
- LL02: Economics and Politics with Placement Year
- LL12: Economics and Politics
- LMV0: Combined Honours in Social Sciences
Pre-requisites
- None.
Corequisites
- Principles of Economics (ECON1011).
Excluded Combinations
- None
Aims
- Provide students with knowledge and understanding of the development of economic ideas.
- Provide students with an understanding of how ideas influence events and how events influence ideas.
- Inform students of the historical evolution of key concepts relevant to understanding modern economics.
- Offer the opportunity to develop key skills.
Content
- The module focuses on topics as value, prices, distribution, money, trade, economic growth, as well as economic policy issues.
- The module deals with the writing of particular individual economists.
Learning Outcomes
Subject-specific Knowledge
- Understanding of the key contributors and contributions to the development of economic thought.
- Knowledge and understanding of key economic ideas.
Subject-specific Skills
- Ability to understand changes in the basis of economic thought.
- Ability to analyse the strengths and weaknesses of the major influential contributions to the development of economic analysis.
- Ability to identify, interpret how ideas and events interact.
Key Skills
- Examples are provided to demonstrate how students will have the opportunity to develop the following key skills:
- Written Communication by completing the summative assessment.
- Planning and Organising by preparing for the examination.
- Problem Solving by applying the necessary analytical techniques in preparing assessments.
- Initiative by searching relevant literature and other information in preparation for the examination.
- Computer Literacy accessing and downloading teaching material from Learn Ultra.
Modes of Teaching, Learning and Assessment and how these contribute to the learning outcomes of the module
- Teaching is by lecture and tutorials.
- Learning takes place through attendance at lectures, preparation for and participation in tutorials, and private study.
- Formative assessment is by means of an assignment to help prepare for the examination. Summative assessment is by means of in-person examination to test students' knowledge and understanding of the subject-matter worth 100% of the module mark.
Teaching Methods and Learning Hours
| Activity | Number | Frequency | Duration | Total Hours | Attendance Monitored |
|---|---|---|---|---|---|
| Lectures | 20 | 1 per week | 1 hour | 20 | |
| Tutorials | 8 | 4 in term 1, 4 in term 2 | 1 hour | 8 | Yes |
| Revision Classes | 2 | 2 in Term 3 | 1 hour | 2 | |
| Preparation and Reading | 170 | ||||
| Total | 200 | ||||
Summative Assessment
| Component | Component Weighting | Element | Length/Duration | Element Weighting | Resit Opportunity |
|---|---|---|---|---|---|
| Examination | 100% | On Campus Written Examination | 2 hours | 100% |
Formative Assessment
One written piece of work to prepare students for the summative exam.
Students who do not attend monitored activities shown under Teaching Methods
and Learning Hours, or who fail to complete the summative or formative
assessment(s) specified above, may be subject to the Academic Progress
procedures defined in the University's General Regulation V, and may be
required to leave the University.