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Course Info for FORG - 310 - 01, Spring 2023
Class number: 2985 Title: Theory & Philosophy of Markets Department: Formal Organizations
Career: Undergraduate Component: Seminar Session: Regular
Instructor's Permission Required: Yes Grading Basis: Regular Units: 1.00
Enrollment limited to 18 Current enrollment: 17 Available seats: 1
Start date: Wednesday, January 25, 2023 End date: Friday, May 12, 2023 Mode of Instruction: In Person
Schedule: W: 1:30PM-4:10PM, 71VS - SEM Instructor(s): Stringham, Edward
Prerequisite(s): None
Distribution Requirement: Meets Social Sciences Requirement
Course Description:
Why are some nations rich and some nations poor? Why are some brimming with entrepreneurship and economic activity and others are not? To what extent or when should markets be considered immoral or moral? Building off of the economic ideas of the first famous economist, Adam Smith, this course will discuss the potential importance, or pitfalls, of institutions, private property rights, and contracts for economic innovation.The course will focus on the formal and informal organizations that underpin and help support exchange. Students will also focus on writing a case study of a formal or informal organization designed to advance economic activity. The course will be reading-intensive and discussion-based.