Introduction to Political Economy

Introduction to Political Economy

Regular price $100.00

SUMMER CLASS 2021

Dates: July 5 -30 (4 weeks)  Philip Olsson

Mtg. Days: M, T, W

Mtg. Time (Pacific Time):  8:00-8:50 AM

Credits: 0

Class Description: 

Whatever happened to penny candy? And why are pennies going the way of the Dodo bird?  This course will help to answer such questions, while introducing students to what used to be called “political economy.”  Grounded in biblical presuppositions and clear-headed analysis, we will explore topics that include an individual’s ranking of economic preferences; different forms of economic exchange (taking what’s called a “[Robinson] Crusoe Economics” approach); questions of money, interest, and savings; and the consequences of various types of government intervention in an economy.  The course emphasizes deductive reasoning based on compelling axioms as well as the application of biblical moral principles to matters of property and productivity.

Course Texts:

  • Richard Maybury, Whatever Happened to Penny Candy: A Fast, Clear, and Fun Explanation of the Economics You Need For Success in Your Career, Business, and Investments;
  • Henry Hazlitt, Economics in One Lesson: The Shortest and Surest Way to Understand Basic Economics