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2021-2022 Undergraduate Catalog [Archived Catalog]

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HPS 334 - Markets, Development, and Freedom (SR)

Credits: 4 credits

Can we produce a development economic model for the 21st century that supports human freedom, economic efficiency and environmental sustainability, while remaining capitalistic in nature? Drawing from the fields of political science, history, development economics, political and economic philosophy, theology, and ecology, this course first provides the foundation to engage with this question.  In the spirit of praxis, students then apply the knowledge gained to produce ‘development plans’ at a scale of their choice (locality, state, or nation) that maximizes the following variables: human freedom, economic efficiency, and sustainable development.

This is a Sustainability-Related (SR)   course.

 

Prerequisite/Corequisite
HPS 104

Learning Outcomes
Upon completion of this course, the student will:

  1. Differentiate between key social and political structures unique to slave, feudal, communist, and capitalist based societies. 

  2. Identify major social and political transformations tied to two centuries of capitalist development. 

  3. Evaluate track record of economic productivity of capitalist and non-capitalist based societies.

  4. Evaluate central arguments of major schools of political economics (e.g., liberalism, Marxism) concerning the relationship between capitalist development and human freedom.

  5. Evaluate central arguments of Catholic Social Teaching and other religiously grounded development models concerning the relationship between capitalist development and human freedom.

  6. Assess contemporary (early 21st century) theories of sustainable development, including current ‘best practices’ adopted by mainstream development institutions to achieve the 2015-2030 Sustainability Development Goals.

  7. Produce a development plan for a locality, state, or country case that maximizes the following variables: human freedom, economic efficiency, and sustainable development

  8. Defend the merits of the development plan in a public setting.



Frequency of Offering:
Offered approximately every two years


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