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.
After reading the Course Syllabus and Student Expectations, the student will complete the related checklist found in the Course Overview.
Discussions are collaborative learning experiences. Therefore, the student is required to provide a thread in response to the provided prompt for each discussion. Each thread must be 300–400 words and demonstrate course-related knowledge. The thread should be made by midnight on Thursday of the assigned Module: Week. In addition to the thread, the student is required to reply to 2 other classmates’ threads. Each reply must be 200–300 words. Replies must be made by midnight on Monday of the assigned Module: Week (Friday in the case of the discussion in Module 8: Week 8). Threads and replies must not all be made on the same day.
The student will write a 1,200–1,600-word research-based paper in current APA format that focuses on 1 of the economic issues presented in The Economics of Public Issues from that module’s reading. The paper must include at least 2 references in addition to the course textbooks and the Bible.
Each quiz will cover the Learn items for the assigned Module: Week. Each quiz will be open-book/open-notes, contain 1 essay question, and have a 45-minute time limit.
The Quiz: Midterm will cover material from Module 1: Week 1 – Module 4: Week 4. The Quiz: Midterm will be open-book/open-notes, contain 40 multiple-choice questions, and have a 1-hour and 30-minute time limit.
The Quiz: Final will cover the Learn items from Module 1: Week 1 – Module 8: Week 8. The Quiz: Final will be open-book/open-notes, contain 50 multiple-choice questions, and have a 2-hour time limit.