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Chicago Economics. Econ 332. Business Cycle Theory (Lange). Minsky Notes. 1942

Notes taken by Hyman Minsky in Spring, 1942, when he was an undergraduate at the University of Chicago. The notes are from the class, “Economics 332: Business Cycle Theory” taught by Oscar R. Lange.

I was going to send a graduate student of mine to check the notes in the Minsky Archive at Bard College. Imagine my delight when I was told that the kind folks there would scan the material and post it for all in their Bard Digital Commons. Note there are five files total.

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[Course Description]

E. MONEY, BANKING, AND BUSINESS CYCLES
[…]

332. Business Cycle Theory.–Historical and systematic analysis of business cycle theory. The main types of explanation. Equilibrium theory and analysis of economic processes. The role of time in the analysis of economic processes. The significance of anticipations. Theoretical and observed fluctuations. The factors which determine the general level of output and employment. The fluctuations of investment and of employment. The role of technical progress. Business-cycle policy. Prerequisite: Economics 211, 301, and 330, or equivalents. Spring, 2:30, LANGE.

Source: From The University of Chicago, Announcements,Vol. XLI, No. 10, April 25, 1941.   The College and the Divisions for the Sessions of 1941-1942. (p. 310).