The Economic Theory instruction program at the University of Massachusetts
Provided here for the attention of readers is the program of a course in economic theory dedicated to the Marxist theory of crises. This program will be of interest to Russian - language readers above all for the specific point of view it offers on the questions examined; its approach differs from that which will be familiar to many people from the teaching of political economy during the Soviet period. The program reviews a number of theories of crises along with various concepts devised within the general current of Marxist political economy or in association with it. Accordingly, a list has also been compiled of literature for the classes. This list is aimed at the study and comparison of various theoretical ideas that attempt to explain cyclical crises in capitalist economies. One of these theoretical concepts, the theory of the social structure of the accumulation of capital, was developed by the author of the course, the professor of the University of Massachusetts at Amherst David Kotz.