Word: socialism
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...originally intended his class to be an alternative to the Microeconomics half of the full-year Ec 10 course—a viable lead-in to the class’ second semester. But the Economics Department, in an overwhelming vote that featured only two dissenters, elected not to count Social Analysis 72 for concentration credit, meaning that the course, to this day, fails to serve as a prerequisite for most high-level economics courses...
Instead, Marglin’s course fulfills Core as well as Gen Ed requirements, and also meets the economics requirement for Social Studies, the third-largest undergraduate concentration. The first year that Social Analysis 72 was offered, 79 students enrolled—a figure that correlated almost exactly with a drop in enrollment in Ec 10. Since then, the course has consistently seen enrollment levels of over 70 students, although, according to Head Teaching Fellow Andras Tilcsik ’05, that number dropped to 60 this year...
Jeffrey A. Miron, director of undergraduate studies for the economics department, says that Social Analysis 72 does not fulfill the introductory requirement for the economics concentration because it doesn’t cover all of the material offered in the two-semester Ec 10 course. But while it does not count for concentration credit, he said, the economics department still endorsed the course because “we’re not about shutting down options...
Professor Feldstein, formerly of Ec 10, does not believe Social Analysis 72 to be an alternative for the full year course. Rather, he explains in an e-mail, it is for students who have taken Ec 10 “and want to see a particular school of criticism...
Miron says he tries no to let his views come out in his intermediate microeconomic theory course. But like Marglin, he offers a different course in which his views align more closely with the curriculum, entitled “A Libertarian Perspective on Economic and Social Policy...