University of Tennessee

ECON 305 – Markets, Ethics, and Capitalism

3 credit hours

Market forces and economic decisions in a broad social context. Consideration of moral and ethical issues raised by capitalist systems. Emphasis on market efficiency v. market failure, corporate responsibility v. regulation, wealth creation v. equity, individual freedom v. social welfare.

  • ECON 201* or ECON 207*, or ECON 211* (or honors equivalent) and ECON 213* (or honors equivalent).