THE COMMONS AND THE MARKET (EC2060)

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What are the justifications and implications of using markets, and what arrangements are necessary to establish and protect the commons? This course studies foundational texts of (neo-)liberal economics that aim to legitimize market mechanisms; philosophical treatments and critiques of key concepts, such as rationality and motivation, property and common goods; political analyses of how allocative institutions produce distributional outcomes

Code: 
EC2060
Name: 
THE COMMONS AND THE MARKET
Discipline: 
EC (Economics)
Type: 
CCR
Level: 
Undergraduate
Credits: 
4
Can be taken twice for credit?: 
No
Pre-requisites: 
(EC2010 OR EC2010GE110 OR EC2020 OR EC2020GE110) OR (PO1011CCR OR PO1011GE110) OR (PL2003 OR PL2003GE115)
Co-requisites: 
None
Equivalencies: 
THE COMMONS AND THE MARKET (PL2060)

Learning Outcomes

  1. How the three disciplines of Philosophy, Politics, and Economics differ and interact in their approaches to political economy
  2. How to convincingly argue for one’s own position regarding the importance of the commons and the market in modern societies
  3. To analyze, differentiate and evaluate conceptual, empirical, and normative arguments about the commons and the market in modern societies
  4. To grasp and express core concepts in economic theory, philosophy, and political science related to the justification and critique of the commons and the market
  5. To understand and reconstruct scholarly texts in philosophy, political theory and economic theory
  6. Students will be able to engage in the writing practices and culture of their chosen major, adding to the skills acquired in the Research, Interpretation, and Writing classes to develop a personal, authentic disciplinary voice (CCR)

Offering(s)

Term Code Name
Spring 2025 EC2060 THE COMMONS AND THE MARKET

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