PHIL 1.03 Philosophy and Economics
What makes an economic system fair or unfair? What does it mean to be economically rational? How should we evaluate public policy? How do we know when things go better or worse for a person? This course will explore a range of fundamental issues in ethics and political philosophy that have deep implications for economic analysis including distributive justice, well-being, and rationality. It will also examine philosophical perspectives on economic efficiency and social choice theory.