Description

In this course, you will learn

• To understand how collective decisions are made with the use of economic concepts.
• How the emergence of states in facilitating collective decisions have reduced incidences of violence and improved human welfare.
• How economic concepts can be applied to tackle problems and conflicts, for example, through well-defined property rights, use of rule-based methods, voting rules, etc.
• The application of the theory of social choice to illuminate the liberal and populist interpretation of voting and the relationship with theories of liberty and democracy.

• Learn how actual politics can be viewed as the use of heresthetics or the art of manipulation to achieve political objectives.