Anwar Shaikh - Courses

Courses taught by Anwar Shaikh

in the Department of Economics at theNew School University.

Advanced Political Economy I GECO 6204 Fall Three credits Syllabus	The Economic Analysis of Advanced Capitalism I This course is the first part of a two-semester sequence concerned with the analysis of advanced capitalism. Although it will begin with a survey of the state of the global economy, the course's focus will be on the structure and dynamics of the center. The turbulent dynamics of the system, which express themselves as underlying order generated in-and-through disorder, will be shown to give rise to patterns of recurrence over a wide variety of domains. We will examine both the empirical evidence and the theoretical claims of classical, neoclassical, and postkeynesian theories on the determination of prices, profits, production, interest rates, and exchange rates. At the heart of the course will be the contrast between a classically-based theory of 'real competition' and the traditional theories of 'perfect' and 'imperfect' competition (the latter being the dual of the former). Economics 205, which is the second semester in this sequence, will extend the discussion to issues such as unemployment, inflation, technical change, cycles, long waves, and economic policy. A prior background is required in first year graduate macroeconomics and microeconomics, as well as in the history of economic thought. Prerequisites: GECO6103, GECO6106; GECO6189 is recommended.
Advanced Political Economy II GECO 6205 Spring Three credit Syllabus	The Economic Analysis of Advanced Capitalism II This course is the second part of a two-semester sequence concerned with the analysis of advanced capitalism. The focus of the course is primarily macroeconomic. It begins with an introduction to the concepts and tools needed for the study of turbulent macrodynamics, and moves on to the general structure of competing theories of macroeconomic growth. A comprehensive stock-flow system of accounts is then developed and used to analyze theories and empirical evidence concerning money, credit and investment finance. Theories of inflation and employment are analyzed next, along with the corresponding empirical evidence. The course ends with a consideration of economy policy in a dynamic context. Prerequisites: GECO6104; GECO6201 and GECO6202 are recommended.
Historical Foundations of Political Economy I GECO 6104 Fall Three credits. Anwar Shaikh and William Milberg Syllabus	This course provides an introduction to the history of classical economic thought. Because of its concern with social class, income distribution, market competition, class conflict and technological change, classical economics provides important building blocks for an understanding of modern capitalism. The main focus is on Smith, Ricardo, and Marx.
World Political Economy GECO 6108 Spring Three credits. Anwar Shaikh and guest lecturers Syllabus	This course brings economic and political theory to bear on the analysis of contemporary economic problems, viewed on a world scale. Lectures will be given by experts on a variety of national and global economic issues. The course is designed to expose students to a variety of viewpoints. No prior background is required. It may be taken for credit by writing a paper, or for audit. Readings for each topic will be on reserve.
Seminar on Growth and Cycles GECO 6208 Fall Three credits. Syllabus	This course analyzes various models of growth and cycles, including those of Samuelson, Hicks, Kalecki, Kaldor, Goodwin, as well as more recent models emerging from the nonlinear dynamics literarature. We will begin with an overview of the empirical evidence, and then proceed to a review of the mathematics of linear and nonlinear difference and differential equations. These tools will then be used to analyze various cycle and growth models (including ones with limit cycles and chaotic dynamics). Instruction will also be provided in the use of simulation software. Students will be required to write a paper for course credit, and will be encouraged to develop and present their own applications, either singly or as part of a group. Prerequisites: GECO6189 , GECO6204, GECO6205, GECO6202, and linear algebra
The Classical Theory of Price GECO 6211 Spring Three credits. Syllabus	This seminar analyzes the relation between Ricardo, Sraffa, and Marx on the questions surrounding the theory of value. It also examines various developments of Sraffa's work and attempts to assess their theoretical and empirical significance. Readings include parts of Ricardo's Principles, Sraffa's Production of Commodities by Means of Commodities, Steedman's Marx After Sraffa, and the more recent debates between the neo-Ricardians and various Marxists. Prerequisites: GECO6200 and GECO6204.

Shaikh's Main Page
Last updated: November 12, 2002
[Faculty][CEPA][New School University]