Advanced Political Economy 2

Term: Fall 2011

Subject Code: GECO

Course Number: 6205

This course will survey major topics and controversies in comtemporary political economy, including Marxian, classical and other heterodox perspectives, with a major emphasis on the use of theory to develop workable economic research.  The topics covered will include: recent controversies over the labor theory of value and the transformation problem, Marxian/classical growth models and their relation to other heterodox traditions, the Marxian/classical theory of finance, productive and unproductive labor in the comtemporary world economy, environmental political economy with a focus on global warming and limits to growth, and the theory of socialism.  Prerequisites:  GECO 6200, GECO 6202, GECO 6204, or permission of the instructor.