Class Notes (839,590)
Canada (511,419)
O' Briem (12)
Lecture

2J03 - jan 05, 2012.docx

3 Pages
104 Views

Department
Political Science
Course Code
POLSCI 2J03
Professor
O' Briem

This preview shows page 1. Sign up to view the full 3 pages of the document.
Description
Political Science 2J03Lecture Thursday January 05 2012 What is the Field 1 Relationship to other subjects a Political science and economicsEconomics the allocation of scarce resources take what we have an distribute it to the rest of society and how to do so o Management of the householdRunning the household in the sense of shop aswell o Moral philosophyadam smith 1700 Renaissance manPeople saw knowledge as a bundle of things you had to understandphilophy astronomy economy o Emergence of classical liberal economicsEconomics we know todayneoclassical economics supply demand ferms efficiency o 1930s fascist soviet and Keynesian economicsCentrally planned state based on political decisions and economy based on thisGerman state in the 1930s was successfulKeynesianfacilitate spending o Post 1970s dominance of neoclassical economics quantitativeAssumption that people are utility maximizersBest way to allocated resources is to use the market supply and demand
More Less
Unlock Document

Only page 1 are available for preview. Some parts have been intentionally blurred.

Unlock Document
You're Reading a Preview

Unlock to view full version

Unlock Document

Log In


OR

Join OneClass

Access over 10 million pages of study
documents for 1.3 million courses.

Sign up

Join to view


OR

By registering, I agree to the Terms and Privacy Policies
Already have an account?
Just a few more details

So we can recommend you notes for your school.

Reset Password

Please enter below the email address you registered with and we will send you a link to reset your password.

Add your courses

Get notes from the top students in your class.


Submit