Students will learn to understand the basics of economic way of thinking, especially as expressed in the idea of competive markets in both national and international contexts. On this basis, students will get a grasp of the signifigance of economics to a modern liberal-democratic politics - apparent, for example, in interpretations of the ideas of freedom, justice and democracy.

Students will learn to understand the basics of economic way of thinking, especially as expressed in the idea of competive markets in both national and international contexts. On this basis, students will get a grasp of the signifigance of economics to a modern liberal-democratic politics - apparent, for example, in interpretations of the ideas of freedom, justice and democracy.

• Räsänen, Petri, "Normative Foundations of Competitive Markets and Their Relevance to Democracy", SATS 2015, 16(2), pp.158-178.

• Rodrik, Dani, The Globalization Paradox. Why Global Markets, States and Democracy Can't Coexist. Oxford University Press, Oxford 2011. - some chosen excerpts

• Blyth, Mark, Austerity. The History of a Dangerous Idea. Oxford University Press, Oxford 2015. - some chosen excerpts

In questions concerning course content, please contact Petri Räsänen: e.petri.rasanen(a)uta.fi