3 parts in this essay
1st part: Writing “what has been the impact of history” in GENERAL (4 pages)
2nd part: Revise your first term paper based on comments received (I have attached my first term essay with the comments by the prof)
P.S. I have received 25/40 in my first term paper after I have re-submitted my essay. (it has been re-graded)
3rd part: Build a central thesis that relates your ideas and treatment from your revised term paper 1 (part 1) and your introduction in part 2 towards a central thesis, with evidence from the literature to support your thesis. Specifically, you should:
• Integrate Parts 1 and 2 – in order to reach conclusions about them taken together
• You are asking the question about how the methodological theme you chose in Part 1 deals with the specific concept or economic institution you have written about in Part 2.
• Does the methodological topic in Part 1 improve overall the explanatory power of the discipline in its’ treatment of the economic concept or institution you discussed in Part 2?
• What conclusions can you draw about the topic you discussed in Part 1 in its treatment of the concept or institution discussed in Part 2? Is it limited or unconstrained by historical times?
Consider that you decide for your first term paper to write on wages. You discuss how labour wages was treated by the preclassical theorists, Plato, Thomas Acquinas and other Christian philosophers, as a study in contrasts or similarities.
For the second term paper you choose methodological topic 6, in discussing how religion has contributed to the development of economic thought in general by analyzing the various readings over the course of the year.
After having edited your original essay from the first term you should comment on issues in the religious perspective developed in economics as applies to the discussion on wages, as they have been treated by each preclassical thinker (from Part 1), each in relation to the other. Does the religious view of economic thought explain the actual historical operation of labour wages at the time it was written about? Does it improve the discipline of economics in its treatment of the subject: wages? What were economic conditions and institutions really like at the time it was written about by Plato et al that justifies the way wages were written about or analyzed? Does modern treatment of ethics and religion in economics (John Kenneth Galbraith among other writers) build on these pre-classical ideas concerning wages? You could end up by concluding that economic thought built using religious perspectives on economic variables like wages is incomplete.
The sky is the limit to your playing with the ideas and readings!
