Faculty of Economics

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ECN200CA(経済学 / Economics 200)
History of Socioeconomic Idea B

Hiroko GOTO

Class code etc
Faculty/Graduate school Faculty of Economics
Attached documents
Year 2021
Class code K6228
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Term 秋学期授業/Fall
Day/Period 水2/Wed.2
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Campus 多摩
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Grade
Credit(s) 2
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Open Program
Open Program (Notes)
Global Open Program
Interdepartmental class taking system for Academic Achievers
Interdepartmental class taking system for Academic Achievers (Notes)
Class taught by instructors with practical experience
SDGs CP
Urban Design CP
Diversity CP
Learning for the Future CP
Carbon Neutral CP
Chiyoda Campus Consortium
カテゴリー(2015年度以前入学生) 専門教育科目
カテゴリー(2016年度以降入学生) 専門教育科目
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Outline (in English)

"Criticism of mercantilism and formation of political economy"
In need of procurement of war expenditure, institutional innovation of public credit occurred in England in the end of the seventeenth century. However, in France, the national debt had expanded due to Colbert's manufacture-oriented policy and increase of financial burden of war since the seventeenth century and absolute monarchy was on the verge of self-bankruptcy. To cope with this quagmire, the Banque royale was established in the beginning of the 18th century, and bank notes were issued, but this so-called "Law system" failed in 1720. At the same time, Britain also experienced the investment boom and its collapse, namely the South Sea Bubble. Amid such historical circumstances, various prescriptions for the ailing economies are made up first in France and then in Britain. Adam Smith examined thoroughly those critical reviews of mercantile policy and gave birth to The Wealth of Nations.

Default language used in class

日本語 / Japanese