"To defend the truth, to articulate it with humility and conviction, and to bear witness to it in life are therefore exacting and indispensable forms of charity."

H. H. Benedict XVI. Caritas in Veritate Encyclical. June 29, 2009

Sunday, July 15, 2012

A proposal for a Bachelor's degree program in economics

I SEMESTER:
Math I: differential calculus
Statistics I: descriptive
General Epistemology
Introduction to Praxeology: introductory chapters of "Human Action" and spontaneous order ("I Pencil")

II SEMESTER:
Math II: integral calculus
Statistics II: inferencial
Methodology of Economics (Friedman's "Methodology of Positive Economics" and more)
Finance I (core of CFA I)

III SEMESTER:
Math III: linear algebra
Statistics III: inferential
Microeconomics I: Demand theory
Monetary Theory: theory of value of money

IV SEMESTER:
Math IV: differential equations, recurrence relations, topology
Econometrics I
Microeconomics II: Production theory
Macroeconomics I

V SEMESTER:
Econometrics II
Finance II (core of CFA II)
Macroeconomics II
Microeconomics III: industrial organization

VI SEMESTER:
Econometrics III
Finance III (core of CFA III)
Macroeconomics III
Game Theory (all Gibbons's book)

VII SEMESTER:
Public finance (Musgrave's and Musgrave's book)
International Trade (first two parts of Krugman's book)
History of economics (Blaug's book)
Auctions (theory and experiments)

VIII SEMESTER:
Public choice
International finance (second half of Krugman's book)
Economic historiography (methods of economic history)
Development economics (emphasis on Bauer, Easterly, etc.)

All the courses would belong to one of four departments:
* Department of Mathematics and Statistics
* Department of Microeconomics
* Department of Macroeconomics
* Department of Methodology and History

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