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National College Credit Recommendation Service
Henry George Institute
The Henry George Institute, an NCCRS member since February 2012, was established for promoting the philosophy of Henry George, in the conviction that this philosophy has important answers to today's urgent problems. The Institute was founded in 1971 and is an incorporated not-for-profit in the State of New York. The Henry George Institute has a global membership. More information about the Institute's work and membership can be found at www.henrygeorge.org/hgi.htm.
Titles of all evaluated learning experiences
Source of Official Student Records
Mr. Lindy Davies, Program Director
Brooks, ME 04921United States
Descriptions and credit recommendations for all evaluated learning experiences
Varies, distance learning and on-line format
60 hours (up to one year)
December 2011 - Present
Upon successful completion of the course, students will be able to: define the factors of production; evaluate explanations of the business cycle in terms of the three classical factors of production; explain the laws of distribution of wealth in society, analyze labor market conditions in terms of the margin of production; explain the basic factors that underlay the boom/bust cycle; explain Henry George's remedy for poverty and depressions,;evaluate modern tax and economic policies in terms of that remedy; discuss the basic law of human behavior underlying economic reasoning; define economic value and explain its relation to human labor; explain purpose, development and duration of the process of production; describe the law of diminishing returns and its relationship to marginal productivity theory; explain the basic nature and function of money; describe the phenomenon of externalities; analyze the classic arguments in support of free trade policy and protectionism; explain the principle of comparative advantage in trade; describe the role of money and credit in international trade; list and describe factors that restrict trade; compare and contrast socialist versus free-market proposals to address economic problems; list and evaluate issues in economic globalization such as multilateral trade negotiations, neocolonialism, currency trading, transboundary resource-access and environmental issues.
Classes are offered via written correspondence or in an on-line format with a 1-1 student teacher ratio and consist of textbook and extensive supplemental reading, multiple graded written assignments, and a proctored final examination. The foundation of the course is presented from a Georgist perspective balanced with that of contemporary economic theory.
In the lower division associate/baccalaureate degree category, 3 semester hours in Economics (2/12). NOTE: Students must complete all three courses in the Principles of Political Economics Series to benefit from the credit recommendation.