The Economics of Social Conflict (3) Economic theory of the resolution of social conflicts: social choice theory, voting, noncooperative games, voluntary trade, and allocation by force.
ECON 406W The Economics of Social Conflict (3)
This course is devoted to the economic theory of the resolution of social conflicts. The first two-thirds of the course will cover economic models of social choice, majority rule, and voluntary trade. The latter part of the course will focus on the emerging theory of allocation by force.
The course is an advanced writing-intensive seminar in which students will learn about economic theories of social conflict. it is one of a series of 400-level seminars in each of seven broad areas of economics, and this course constitutes a seminar in microeconomic theory. The course counts toward both the major and the minor in economics.
Note : Class size, frequency of offering, and evaluation methods will vary by location and instructor. For these details check the specific course syllabus.