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States and Markets POL 455 (4)

Survey of the concepts and theoretical approaches, from Adam Smith's political economy to contemporary paradigms, used to understand the role and place of state institutions In a market economy and of the criteria that are used to design and implement economic and social policies. Particular attention is paid to the philosophical and normative questions that are raised by such an analysis. Prerequisite: Eight upper division units in political science or permission of the department.