Course Catalog - 2007-2008

     

ECON 120 - POLITICAL ECONOMY

Long Title: AN INTRODUCTION TO POLITICAL ECONOMY
Department: Economics
Grade Mode: Standard Letter
Course Type: Lecture
Credit Hours: 3
Description: This course will first cover the ideas of Smith, Malthus, Ricado, Jevon, Keynes and issues associated with externalities and common property resources. Possible readings are: "Adam's Fallacy," "The Tragedy of the Commons," Coase, "The Problem of Social Cost," "Property Rules," "Liability Rules and Inalienability," "One View of the Cathedral."