Further Topics in Advanced Political Economy

New School for Social Research: Economics

Liberal Arts

Graduate Course

Degree Students (with Restrictions)

Further Topics in APE 1

Spring 2021

Taught By: Duncan Foley and Remzi Baris Tercioglu

Section: A

CRN: 8402

Credits: 3

This course will be in three major parts. The first part will cover Marx’s theories of value, surplus value, exploitation, competition, and capital accumulation including their relation to the long-period method of Adam Smith. The second part will look at theories of alternate socialist institutions to organize production and distribution, with a brief introduction to some of the historical and institutional literature on actual socialist experiments in the Soviet Union and China. The third part will survey issues connected with the “revisionist” branch of Marxist thinking centering on the theory, history, and practice of social democracy. Learning goals: Students will read representative papers on each topic, as a basis for writing a paper exploring ideas in some area covered in the course. The paper will develop students’ sense of what a researchable problem is, and can be a preliminary pilot study for thesis research. The revision of the paper is an opportunity for students to improve their ability to write in a clear, professional style on the basis of referee-like feedback. Prerequisites: Advanced Political Economy I and Advanced Microeconomics I, or permission of the instructor. Required Work: A 15-20 page paper either initiating research on some topic or reviewing the existing literature on an important topic related to the themes of the course. You must discuss your paper idea with me in person or by email before you write it. A draft of the paper is due in class Thursday, April 8, which I will return to you with comments for revision. A revised final version of the paper is due in class Thursday, May 6. A take home examination, due Monday, March 22. The examination questions will be circulated at least two weeks before the exam is due. You are encouraged to write the exam on a computer (for readability). The aim of the exam is to display your knowledge of the basic points of Marx and Smith’s political economic ideas. 

College: New School for Social Research (GF)

Department: Economics (GECO)

Campus: Online (DL)

Course Format: Seminar (R)

Max Enrollment: 12

Add/Drop Deadline: February 8, 2021 (Monday)

Online Withdrawal Deadline: April 13, 2021 (Tuesday)

Seats Available: Yes

Status: Closed*

* Status information is updated every five minutes. The status of this course may have changed since the last update. Open seats may have restrictions that will prevent some students from registering. Updated: 11:41am 5/6/2021 EDT

Meeting Info:

Days: Thursday

Times: 4:00pm - 5:50pm

Building: Online Course

Date Range: 1/21/2021 - 5/6/2021

Days: Wednesday

Times: 6:00pm - 7:50pm

Building: Online Course

Date Range: 1/27/2021 - 5/5/2021