Course description
The course aims to introduce students to the major themes of economic history and development of economic thought as an integral part of the history of civilization. The students will learn why economic theories can be understood only in their historical context, and how economic development stimulates developments in economic thought. During the course the students will not only recall different historical events and facts, but will learn how to connect material manifestations of society's development (entrepreneurship, economic integration and external trade, development of finance and banking) with its spiritual culture (religion, philosophy, literature) with the help of analyzing economic development and economic thought. The end result of this course should be the habit to place any economic theory or model in an appropriate historical context.