Hiroshima University Syllabus

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Academic Year 2023Year School/Graduate School School of Economics Economics Day Course
Lecture Code G6009113 Subject Classification Specialized Education
Subject Name 経済学史1
Subject Name
Subject Name in
History of Economic Doctrines 1
ミヤザワ カズトシ
Campus Higashi-Hiroshima Semester/Term 3rd-Year,  First Semester,  1Term
Days, Periods, and Classrooms (1T) Tues5-8:ECON B255
Lesson Style Lecture Lesson Style
(More Details)
Lecture (Face-to-face) 
Credits 2.0 Class Hours/Week   Language of Instruction J : Japanese
Course Level 3 : Undergraduate High-Intermediate
Course Area(Area) 24 : Social Sciences
Course Area(Discipline) 03 : Economics
Eligible Students 3rd and 4th year students
Keywords Mercantilism, classical political economy, money, value, reproduction. 
Special Subject for Teacher Education   Special Subject  
Class Status
within Educational
(Applicable only to targeted subjects for undergraduate students)
Criterion referenced
(Applicable only to targeted subjects for undergraduate students)
Economic Analysis
(Abilities and Skills)
・The ability to develop historical analysis applying knowledge on economic history, history of economic doctrines and political economy. 
Class Objectives
/Class Outline
This lecture aims to comprehend major econoimic doctorines which appeared until the middle of 19th century. The main emphasis is on the mercantilism and classical political economy.
Class Schedule lesson1   Guidance
lesson2   Eoconomic thoughts in the ancient and middle ages
lesson3   Mercantilism 1
lesson4   Mercantisism 2
lesson5   Mercantilism 3
lesson6   Mercantilism 4
lesson7   Physiocracy
lesson8   Moral philosophy of Adam Smith
lesson9   Ecomomic theory of Adam Smith
lesson10  Ecomomic theory of David Ricardo 1
lesson11  Ecomomic theory of David Ricardo 2
lesson12  Controversy on the credit system
lesson13  Economic theory of T.R.Multhus
lesson14  Economic theory of John Stuart Mill
lesson15  Review

In each class, students should submit a report.
Final exam is mandatory. 
Handouts will be distributed in each class.
Textbook is not used.
Reference books will be shown in each class.  
PC or AV used in
(More Details) Handouts 
Learning techniques to be incorporated  
Suggestions on
Preparation and
Consider following questions in each class.
Lesson 1.  Why should we learn the history of economic doctrines?
Lesson 2.  Why were people cautious of the market economy in ancient and middle ages?  
Lesson.3   Why have people changed their attitude toward the market economy in modern society?  
Lesson 4.  What is the trade balance theory?
Lesson 5.  Compare the monetary theory of J. Law and that of R. Cantillon.
Lesson 6.  Comprehend the political economy of J. Steuart.
Lesson 7.  What is the economic table of F. Quesnay?
Lesson 8.  Consider the role of the theory of sympathy in Adam Smith's system.
Lesson 9.  How does the market relate to the division of labor in A. Smith?
Lesson 10.  How does the rise of wage relate to exchange value in D. Ricardo?
Lesson 11.  How do the profit and rent change in the process of capital accumulation?
Lesson 12.   Explain the merit and demerit of comparative production cost theory.
Lesson 13.  How does the population change during the development of capitalist economy?
Lesson 14.  Compare the monetary theory of banking school and that of currency school.
Lesson 15.  What are the characteristics of the political economy of J. S. Mill?

Requirements nothing 
Grading Method Reports:40%, Final exam:60%. 
Practical Experience  
Summary of Practical Experience and Class Contents based on it  
Message Read classical books that have influenced the history of  political economy as many as posible. 
Please fill in the class improvement questionnaire which is carried out on all classes.
Instructors will reflect on your feedback and utilize the information for improving their teaching. 
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