ECON-2501B Marxist Economics

This course is concerned with the Marxian economic theory, particularly, with regards to the issues of value, distribution, exploitation and general trends of capitalism. It begins with an overview about the value theories of Smith and Ricardo, aimed to show that Marxism represents both an evolution and breaking off of the classical thinking. Later, the class will study some chapter of Marx´s main economic work, The Capital, in order to grasp the core elements of his exploitation theory. Finally, some contemporary works, and Marx´s critics and specialists will be analyzed to encourage students to exercise their intellectual autonomy and own criteria.