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Aug 25, 2025
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ECO 203 - Value and Distribution
Description
The analytical foundations of orthodox and heterodox economic theories. The course explains how conceptions of value are intrinsically linked to theories of income-distribution, as well as to competing and contesting views of the individual human subject. This additionally has implications for how we think about differing notions of value (for example, the relationship between the notion of value in ethics and in economics), and how theories of value and distribution are associated with “visions” of the economy. The course differentiates among theories according to the ways they conceive the essential role of markets in a capitalist economy and to the weight they assign to “market” and non-market processes in the analysis of the economy (structure and outcomes).
Prerequisite
ECO 200
Credits: 1
Course Attribute(s):
SOCS Gen Ed: Social Science Req
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