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HIST BC3062 Medieval Economic Life and Thought ca 1000 to 1500. 4 points.
BC: Fulfillment of General Education Requirement: Historical Studies (HIS).
Prerequisites: Permission of the instructor. Enrollment limited to 15. Preregistration required.
Traces the development of economic enterprises and techniques in their cultural context: agricultural markets, industry, commercial partnerships, credit, large-scale banking, insurance, and merchant culture. Examines usury and just price theory, the scholastic analysis of price and value, and the recognition of the market as a self-regulating system, centuries before Adam Smith.