ECONOMIC THEORIES

DEVELOPMENT ECONOMICS

Students will contrast some major Development Economics theories against Biblical principles.

Biblical reflections on some major Economic Development theories.

A review of Rostow's Linear Take-Off Theory

Equality as a Goal

Dualism

COOPERATIVE THEORIES

Students will review theories behind cooperative economics


SOCIALISM & MARXISM

There have been a diversity of cooperative attempts that have lead to State socialism.

Contrast of prime elements of Marxism, Socialism and Cooperative Movements


URBAN ECONOMIC THEORIES

Specific urban theories within economics that give understanding of the causes of the expansion of the informal sector and the nature of its interface with the formal sector.

Two Sector Theories

Marginalization Theories

Jane Jacobs Urban Economics

Urban Geography and slum locations


READINGS

Introductory readings in economic theory that affect the Informal Sector. Readings in Economic Theories


GRASSROOTS & GLOBAL CAPITALISM

Students will be able to describe aspects of global economics that affect the slums: the two circuits, trade between cities, conditions for achievement orientatioin, religious/psychological preconditions in cultures for economic take-off and the effects of these on lower circuit release of entrepreneurs

Historic morphing of Protestant Capitalism into Global Capitalism

Realities: Idealised American Capitalism vs Democratic Capitaism

The Role of the State: Political Economics

Critique of Global Captialism: Release of billions from poverty or the utimate oppression of the masses?