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ECON 5

Adam Smith and Political Economy

Undergraduate

The eighteenth-century Scottish philosopher Adam Smith was one of the founders of "political economy," the study of the interrelationship between society, government, and the economy. This course focuses on Smith's major ideas through his two important works, T he Theory of Moral Sentiments and The Wealth of Nations, and deals with such topics as the origins and consequences of economic growth, and the role of government in a commercial society.

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