About this Course

**Course **

This online course, "Economic Principles," delves into the fundamentals of economics through the lens of historical sources and key figures. Students explore core concepts such as the driving force of self-interest, the power of specialization, and the development of currency, as explained by Adam Smith in "The Wealth of Nations." Karl Marx's perspective on labor, conflict between capital and labor, and the cyclical nature of capitalism are also examined through selections from "The Marx Engels Reader." Additionally, the course explores an alternative economic model, distributism, as proposed by G.K. Chesterton in "The Outline of Sanity." The course is assessed through weekly homework, including open book quizzes, reflections, and class participation, with major grades determined by three essays.

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