Alternative Perspectives on Topics in Economics ECON4073

  • Academic Session: 2023-24
  • School: Adam Smith Business School
  • Credits: 15
  • Level: Level 4 (SCQF level 10)
  • Typically Offered: Semester 2
  • Available to Visiting Students: Yes

Short Description

The course will cover various heterodox strands of economics, including Post-Keynesian theory with the aim of providing an alternative approach to mainstream economics.


Lectures: (10 x 2-hour lectures)
Revision Lecture: (1x1 hour lecture)

Requirements of Entry

Entry to an Honours programme in Economics or a minimum grade C3 (average) in Economics 2A and 2B for students taking an Honours programme in another subject.

Excluded Courses





ILO (covered)

Main Assessment In: April/May

Are reassessment opportunities available for all summative assessments? No

Reassessments are normally available for all courses, except those which contribute to the Honours classification. For non Honours courses, students are offered reassessment in all or any of the components of assessment if the satisfactory (threshold) grade for the overall course is not achieved at the first attempt. This is normally grade D3 for undergraduate students and grade C3 for postgraduate students. Exceptionally it may not be possible to offer reassessment of some coursework items, in which case the mark achieved at the first attempt will be counted towards the final course grade. Any such exceptions for this course are described below. 

Course Aims

The main aims of this course are to:


The main aims of this course are to:

1. Familiarise students with non-mainstream approaches to economic analysis.

2. Analyse and discuss important economic topics of contemporary interest.

3. Highlight the political stance underpinning alternative economic approaches and the policy implications deriving from such approaches.

Intended Learning Outcomes of Course

By the end of this course students will be able to:


1. Critically discuss how heterodox economics differs from standard mainstream theory, particularly with regard to their epistemological, philosophical and methodological foundations.

2. Critically analyse the contrasting features of the mainstream and heterodox approaches.

3. Critically contrast policy implications deriving from the heterodox and mainstream economic paradigms.

Minimum Requirement for Award of Credits

Students must submit at least 75% by weight of the components (including examinations) of the course's summative assessment.