Earliest evidence of economic thought. Ancient economic thought. Mercantilism doctrine and practice. Classical economic thought: French classical school, English classical school. Neo-classical economic thought: pioneers of neoclassicism, Vienna school, mathematical school, English-American neo-classical school. German historical school: dispute on the method. Institutional school: institutional analysis and industrial state. J. M. Keynes: The General Theory of Employment, Interest and Money. Post-Keinesian macro economics in Europe and the USA. New Keinesian economics. Monetarism.