- Level Foundation
- Duration 22 hours
- Course by The University of Notre Dame
-
Offered by
About
The course examines the common perceptions of business (both positive and negative) and the role of business in a market economy by first introducing the main elements of a market economy, and then presenting opposing points of view of this economic model.The course encourages reflection upon the possibility that business can be honorable and play a role in a just and humane society.Modules
Welcome
1
Videos
- Welcome to the Course!
6
Readings
- Welcome
- Course Overview & Requirements
- Meet Your Instructor
- Netiquette
- Optional Learning Activity
- Get help and meet other learners. Join your Community!
Lesson 1.1 | Introduction to Justice in a Commercial Society?
1
Assignment
- Lesson 1.1
1
Videos
- Justice in a Commercial Society?
4
Readings
- Introduction
- “Market Reformer: An Economist Considers Pope Francis’ Critique of Capitalism”
- Optional Learning Activity
- Optional Resources
Lesson 1.2 | Justice in a Commercial Society
1
Assignment
- Lesson 1.2
1
Videos
- Adam Smith on Justice and Beneficence
3
Readings
- Introduction
- Theory of Moral Sentiments
- Optional Learning Activity
Lesson 1.3 | The Three Arguments
1
Assignment
- Lesson 1.3
2
Videos
- Adam Smith's Explanation of the Wealth of Nations (Part 1)
- Adam Smith’s Explanation of the Wealth of Nations (Part 2)
3
Readings
- Introduction
- Wealth of Nations
- Optional Learning Activity
Lesson 1.4 | Can Work Be Noble?
1
Assignment
- Lesson 1.4
1
Videos
- Pope St. John Paul II on the Nobility of Work
3
Readings
- Introduction
- Laborem Exercens
- Optional Learning Activity
Lesson 1.5 | Recap of Justice in a Commercial Society?
2
Assignment
- Lesson 1.5
- Lesson 1.5 Reflection
1
Videos
- Recap of Justice in a Commercial Society?
3
Readings
- Introduction
- Optional Learning Activity
- Week 1 Next Steps
Getting the Most out of Week 2
1
Readings
- Optional Learning Activity
Lesson 2.1 | Introduction to Value: Broken Windows and Prices
1
Videos
- Introduction to Value: Broken Windows and Prices
2
Readings
- Introduction
- Optional Learning Activity
Lesson 2.2 | Opportunity Cost and the Broken Window Fallacy
1
Assignment
- Lesson 2.2
1
Videos
- Bastiat’s What Is Seen and What Is Unseen
4
Readings
- Introduction
- What Is Seen and What Is Not Seen
- Optional Learning Activity
- Optional Resources
Lesson 2.3 | What Do Prices Do? What Are They For?
1
Assignment
- Lesson 2.3
1
Videos
- Hayek on Rational Economic Order and Prices
3
Readings
- Introduction
- “The Use of Knowledge in Society”
- Optional Learning Activity
Lesson 2.4 | Criticism: Can Markets Price Everything?
1
Assignment
- Lesson 2.4
1
Videos
- Sandel: Can Markets Price Everything?
4
Readings
- Introduction
- Video: What Money Can’t Buy: The Moral Limits of Markets
- Optional Learning Activity
- Optional Resources
Lesson 2.5 | Recap of Broken Windows and Prices
1
Assignment
- Lesson 2.5
1
Peer Review
- Lesson 2.5
1
Videos
- Recap of Value: Broken Windows and Prices
3
Readings
- Introduction
- Optional Learning Activity
- Week 2 Next Steps
Getting the Most out of Week 3
1
Readings
- Optional Learning Activity
Lesson 3.1 | Introduction to Objections to Markets
1
Assignment
- Lesson 3.1
1
Videos
- Introduction to Objections to Markets
2
Readings
- Introduction
- Optional Learning Activity
Lesson 3.2 | Criticisms of Markets
1
Assignment
- Lesson 3.2
1
Videos
- Two Moral Objections from Karl Marx
3
Readings
- Introduction
- Karl Marx’s “Free Human Production”
- Optional Learning Activity
Lesson 3.3 | Cohen’s Camping Trip – A Recent Case for Socialism
1
Assignment
- Lesson 3.3
1
Videos
- G. A. Cohen's Camping Trip: A Recent Case for Socialism
4
Readings
- Introduction
- Why Not Socialism?
- Optional Learning Activity
- Optional Resources
Lesson 3.4 | Luck and Equality of Opportunity
1
Assignment
- Lesson 3.4
1
Videos
- Cohen on Luck and Equality of Opportunity
3
Readings
- Introduction
- Optional Learning Activity
- Optional Resources
Lesson 3.5 | Recap of Objections to Markets
1
Assignment
- Lesson 3.5
1
Peer Review
- Lesson 3.5
1
Videos
- Recap of Objections to Markets and Capitalism
3
Readings
- Introduction
- Optional Learning Activity
- Week 3 Next Steps
Getting the Most out of Week 4
1
Readings
- Optional Learning Activity
Lesson 4.1 | Introduction to Why Business?
1
Assignment
- Lesson 4.1
1
Videos
- Introduction to Why Business?
2
Readings
- Introduction
- Optional Learning Activity
Lesson 4.2 | What Is the Social Responsibility of Business?
1
Assignment
- Lesson 4.2
1
Videos
- Andrew Carnegie on the Duties of Wealth
3
Readings
- Introduction
- The Gospel of Wealth
- Optional Learning Activity
Lesson 4.3 | A Catholic Case Against Socialism
1
Assignment
- Lesson 4.3
1
Videos
- Milton Friedman on the Social Responsibility of Business
3
Readings
- Introduction
- The Social Responsibility of Business Is to Increase Its Profit
- Optional Learning Activity
Lesson 4.4 | An Economy of Exclusion
1
Assignment
- Lesson 4.4
1
Videos
- Pope Francis on Economic Exclusion
4
Readings
- Introduction
- Pope Francis’s Evangelii Gaudium
- Optional Learning Activity
- Optional Resources
Lesson 4.5 | Recap of Why Business?
1
Assignment
- Lesson 4.5
1
Peer Review
- Lesson 4.5
2
Videos
- Recap of Why Business?
- Closing
4
Readings
- Introduction
- Optional Resources
- Optional Learning Activity
- Week 4 Next Steps
Auto Summary
Explore the role of business in a just and humane society with this foundational course from Coursera. Delve into the main elements of a market economy, examine common perceptions of business, and consider opposing viewpoints. With a duration of 1320 minutes, this course encourages reflection on the honorability of business. Subscription options include Starter and Professional, making it accessible to all learners in Business & Management.

James Otteson