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ECON 524

PHILOSOPHY AND ECONOMICS

3 credits.

Economics examined from the viewpoint of the philosophy of science. Normative and positive aspects of economic theory. Deterministic and statistical explanation. Arrow impossibility theorem. Radical economics.

Prerequisites & course information

Requisites: Sophomore standing and 3 credits of PHILOS or ECON Course Designation: Core GenEd - Social & Behavioral Science Breadth - Social Science Level - Advanced L&S Credit - L&S Liberal Arts and Science Repeatable for Credit: No Last Taught: Spring 2025 Learning Outcomes: 1. Describe some of the key philosophical questions within philosophy of economics and the positions that philosophers have defended. Audience: Undergraduate 2. Critically evaluate the key positions within philosophy of economics. Audience: Undergraduate 3. Engage in philosophical discussion with an eye for clarity, precision, understanding, and depth. Audience: Undergraduate Learning Outcomes: 1. Describe some of the key philosophical questions within philosophy of economics and the positions that philosophers have defended. Audience: Undergraduate 2. Critically evaluate the key positions within philosophy of economics. Audience: Undergraduate 3. Engage in philosophical discussion with an eye for clarity, precision, understanding, and depth. Audience: Undergraduate

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