Homo Economicus Assignment
- Country :
Australia
- Definition of the concept and discussion of the key assumptions that underpin it.
- Critique of the concept and its key assumptions from the perspective of one of the major intellectual traditions in Economics outside of the neoclassical 'mainstream'. For this, you must choose from one of the following: 'Behavioural Economics', OR 'Institutional Economics', OR 'Keynesian Economics', OR Classical Political Economy (Smith), OR Classical Political Economy (Marx). [NOTE: you do not need to choose the same perspective that you may have looked at in the group-work exercise - 'Homo Economicus on Trial' - but equally can choose the same one if you like].
- What do you think? (i.e. given this critique, what is your own position on the question: ‘Is the concept of ‘homo economicus’ a sound foundation on which to construct our theories of the capitalist economy?’)
You must state the word count at the top or bottom of the essay. The word limit is 1000-words plus or minus 10%, excluding your list of references/bibliography and
any diagrams, figures, charts or tables.
You MUST use HARVARD STYLE of referencing in your essay and include a reference list at the end of your essay. The format that you should follow is set out in the
‘Harvard Referencing for Business and Economics Students’ guide, which can be accessed:
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