# ECO 346 — Found. of Political Economy (LAU)

> ECO 346 Found. of Political Economy at Lebanese American University. no student contributions yet.

Source: https://studiety.com/lau/course/6178
Retrieved: 2026-09-16

## Facts

- Course code: ECO 346
- Title: Found. of Political Economy
- University: Lebanese American University (LAU)
- Subject: Economics
- Department: Economics
- Credits: 3
- Professors on record (2): Samantha Alexandre Borkhoche, Stephanie Antoine Karam

## Catalogue description

The course will address the fundamentals of political economy: production, exchange, value, and distribution. The course mainly is an exploration of the ideas of Adam Smith, Thomas Malthus, David Ricardo, Karl Marx and John Maynard Keynes. In addition, marginalist theory will be studied within the context of evolution of economic thought. The basic ideas of Veblen, Hayek and Schumpeter will also be briefly discussed. The course will draw lessons for the understanding of modern capitalism, in relation to issues such as technological change, market competition, wealth creation, income distribution, instability, long-run capitalist development, morality and class conflict. Prerequisites: ECO 201, ECO 202. [3-0, 3 cr.].

## Quick answers

### What is ECO 346 at LAU?

ECO 346 Found. of Political Economy is a 3-credit course at Lebanese American University (LAU), in the Economics department. The course will address the fundamentals of political economy: production, exchange, value, and distribution. The course mainly is an exploration of the ideas of Adam Smith, Thomas Malthus, David Ricardo, Karl Marx and John Maynard Keynes.

### How many credits is ECO 346?

ECO 346 Found. of Political Economy is worth 3 credits at LAU.

### Who teaches ECO 346 at LAU?

Studiety has 2 professors on record for ECO 346: Samantha Alexandre Borkhoche, Stephanie Antoine Karam. Sections change every term, so check the registrar for who is teaching now.

### What are the prerequisites for ECO 346?

ECO 346 lists 2 prerequisites: ECO 201 Micro Economics, ECO 202 Macro Economics.

## Prerequisites

- [ECO 201 — Micro Economics](https://studiety.com/lau/course/6164)
- [ECO 202 — Macro Economics](https://studiety.com/lau/course/6165)

## See also

- [All Economics courses at LAU](https://studiety.com/lau/subject/economics.md)
- [Every LAU subject](https://studiety.com/lau/subjects.md)

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