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|IECO 225 - Econ of Organized Violence|
Individuals making decisions in conditions of scarcity create markets for everything from fine dining, to household goods, to heroine, to political power, and to the sustained provision of violence. In essence, organized violence is an economic problem, not in the sense that all violent actors seek monetary gains, but in the sense that violence results from markets in which individuals seek their self-interest and in doing so produce—among other things—violence. This class embraces profound questions such as the nature of the human condition and the causes of violence. And to address big ideas, we will open ourselves to fiction, hard core academic literature, and a little bit of math. We begin the semester by initially dividing the topic into three basic types of actors: criminals, insurgents, and terrorists. Each week, students will study social science literature: theoretical, empirical, and applied. Students will confront theoretical modeling and quantitative analysis in course literature, however, no economic or quantitative background is required for this course. We will place heavy emphasis on the ideas, intuition, and case studies drawn from literature, as well as application of these ideas to current events covered in news as well as in fiction and popular culture. If successful, students will have the tools necessary to better observe, describe and explain organized violence, and therefore, better organize to make the world more secure for our families and future generations.
3.000 Credit hours
3.000 Lecture hours
Schedule Types: Seminar
International Economics Department
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