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.