Breadcrumb Home Economics & Business Administration ECON-420 ECON-420: Development of Economic Thought Download as PDF Department Economics & Business Administration Credits 3 Grade Scheme BC Traces the evolution of economic thought from ancient times to the present with special emphasis on Adam Smith, the classical school, socialism, Marx, marginalism, the neoclassical school, Keynes and Friedman. Offered alternate years. Prerequisites ECON-200 or ECON-210 Term Offered Fall Only