POEC 250
Economic Liberalism and Its Critics Fall 2012
Division II
Cross-listed PSCI 238 / ECON 299
This is not the current course catalog

Class Details

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.
The Class: Format: lecture/discussion
Limit: 35
Expected: 30
Class#: 1577
Grading: yes pass/fail option, yes fifth course option
Requirements/Evaluation: eight 2-page papers and a final exam
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 Preferences: Political Economy majors and sophomores intending a Political Economy major
Unit Notes: formerly POEC 301
Distributions: Division II
Notes: This course is cross-listed and the prefixes carry the following divisional credit:
POEC 250 Division II PSCI 238 Division II ECON 299 Division II
Attributes: AMST Critical and Cultural Theory Electives
ENVP Political Theory + Law Electives
ENVP Political Economy Electives
ENVP Society + Culture Electives
POEC Required Courses

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