Page 16 - Class Catalog 2017

Philosophy of Economics
Course Text and Description:
Ethics, Economy and Entrepreneurship, David Schmidtz (Professor Philosophy and Economics), Robert
Lusch (Professor Marketing) and Cathleen Johnson (Professor Economics) co-authors. 2015 There is a $35
fee for the text and access to the web based text.
This is a year-long course (2 semesters), dual enrollment in the University of Arizona, enabling students to
meet the economic requirement of high school while earning 3 credit hours at the University of Arizona
(which is a tier 1 general education course) in PPEL 101. Topics include Arizona high school economic
standards taught from an ethics perspective. In this modality, students will experience economics in a
richer context that is relevant to the student’s personal, societal, public, educational, business, consumer
and political life.

Textbook topics include:
Preface: Why Ethics? Why Economy? Why Entrepreneurship?
Part 1: Basic Concepts: Trade, Resources, Cost and Institutions
Part 2: Understanding Trade
Part 3: Trust, Agents, and Bystanders
Part 4: Economic Institutions
Part 5: Innovation
Part 6: A Business and Personal Finance Primer
Part 7: The Entrepreneur

Course goals include developing skills that make the people around us (our community) better off with us
than without us. Through careful analysis of ethical behavior and integrity students will be able to answer
ethical, economic, and entrepreneurial questions while gaining problem solving skills.

Students will have the option to receive dual credit at the UA by enrolling in late December and pay the
course fee of $465. More information will be sent home.

Teacher: Doreen Sorce