In this course participants will gain an overview of the main schools of economic thought from the middle ages till the present day, as well as the most important cultural, political and legal impacts that they have had on the society at large. Introduction to key economic theories, concepts and ideas, as well as investigation into their relevance to contemporary social and political issues on a local, national and global scale, by examining the key components of national and international economic systems. Although certain basic and important economic issues are discussed during the course, it does not require a background in economics. Rather, the course aims to help students in their first contact with economic theory and doctrines to understand the main principles of economics and evolution of contemporary economic systems. Economics evolved through a long process in which various thinkers through the dialogue with the works of their predecessors and their contemporaries with the aim to provide answers for pressing problems of society. This course emphasizes the historical context as well as the analytical contents of those theories, the evolution of economic thought and changing perspectives on the role of markets and the state in the economy. The course is built with a balance of historical and theoretical approaches in the study of practical issues