Political Economy and Public Policy – GOVT 350
CG • Section 8WK • 11/08/2019 to 04/16/2020 • Modified 07/28/2020
Application of social ethics and economic theory to government, politics, social institutions, law and public policy questions. Topics include the role of a worldview in public policy, the role of civil government versus the role of the market, constitutional and legal decision-making, the morality of capitalism, the problems of special interest groups and public bureaucracies, the theory of regulation and specific public policy issues.
The purpose of a course in political economy is to give the student economic tools to better understand the behavior and the impact of governments, so that they are able to evaluate the role of government in society.
Measurable Learning Outcomes
Upon successful completion of this course, the student will be able to:
- Discuss biblical and constitutional principles of economics.
- Evaluate the intersection of economics and public policy.
- Analyze the role of economic regulatory authorities and agencies, including trade bodies in association with international trade law.
- Explain the policy impact of domestic protectionism and foreign trade restrictions.
- Compare the historical and current impacts of government in the market system.
Textbook readings and lecture presentations
Course Requirements Checklist
After reading the Course Syllabus and Student Expectations, the student will complete the related checklist found in Module/Week 1.
Discussion Board Forums (5)
Discussion boards are collaborative learning experiences. Therefore, the student is required to provide a thread in response to the provided prompt for each forum. Each thread must be 300–400 words and demonstrate course-related knowledge. In addition to the thread, the student is required to reply to 2 other classmates’ threads. Each reply must be 200–300 words. Threads and replies must not all be made on the same day.
Position Papers (3)
The student will write a 1,200–1,600-word research-based paper in current Turabian format that focuses on 1 of the economic issues presented in The Economics of Public Issues from that module/week’s reading. The paper must include at least 2 references in addition to the course textbooks and the Bible.
Reading Quizzes (6)
Each quiz will cover the Reading & Study material for the assigned modules/weeks. Each quiz will be open-book/open-notes, contain 1 essay question, and have a 45-minute time limit.
The Midterm Exam will cover material from Modules/Weeks 1–4. The Midterm Exam will be open-book/open-notes, contain 40 multiple-choice questions, and have a 1-hour and 30-minute time limit.
The Final Exam will cover material from Modules/Weeks 1–8. The Final Exam will be open-book/open-notes, contain 50 multiple-choice questions, and have a 2-hour time limit.