POEC 250 Fall 2012 Economic Liberalism and Its Critics

Cross Listed as PSCI238, ECON299
Economic liberalism holds that, society is better off if people enjoy economic freedom. Its critics point to what they believe this position ignores or what it wrongly assumes, and hence, how it would make bad policy. This course explores the relationship between politics and economics by surveying influential works of political economy. Its first part examines major thinkers in relation to the historical development of capitalism in Western Europe and the United States: the classical liberalism of Adam Smith, Karl Marx's revolutionary socialism, and the reformist ideas of John Stuart Mill, and John Maynard Keynes. The second part considers more recent writings that revise and critique liberalism from a variety of perspectives, and then illustrates the contending perspectives with reference to important policy areas. The historical focus of the course permits you to appreciate the ongoing dialogue between classical and contemporary views of political economy, while classroom discussion involves frequent reference to current public policy issues.
Class Format: lecture/discussion
Requirements/Evaluation: eight 2-page papers and a final exam
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Additional Info2:
Prerequisites: Economics 110 and 120 or equivalent; Political Science 201 or 203 (may be taken concurrently with POEC 250) or AP credit in American Politics (or permission of instructor); open to non-majors
Enrollment Preference: Political Economy majors and sophomores intending a Political Economy major
Department Notes: formerly POEC 301
Material and Lab Fees:
Distribution Notes:
Divisional Attributes: Division II
Other Attributes: AMST Critical and Cultural Theory Electives, ENVP Political Theory + Law Electives,ENVP Political Economy Electives,ENVP Society + Culture Electives,POEC Required Courses
Enrollment Limit: 35
Expected Enrollment: 30
Class Number: 1577
POEC250-01(F) LEC Econ Liberalism & Its Critics Division 2: Social Studies James E. Mahon
, Jon M. Bakija
MR 2:35 PM-3:50 PM Hopkins Hall 001 1577
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