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Showing posts from March, 2009

The Calculus of Rationality: Supply and Demand

This module is for both Development Planning and IT & Politics students. You must submit in paper your answer to the quiz at the end of the module, and submit to me in person on March 14. Failure to do so will bring your grades down. The module’s content is the principle of supply and demand, which is useful for both planners and development analysts. The rational choice model in Political Science is based on a calculus of costs and benefits, and so is a whole range of social theories which build upon rationality and utilitarianism. Lately we have ventured into post modernist approaches, and it is good to bring the pendulum back toward the other end (positivism). Have fun testing yourself. Go to my website: http://www.angelfire.com/scifi/hitek/index.html and click the SUPPLY AND DEMAND link. Download the module, print it; study and weep; then weep some more; when you realize that only the strong survive, finish the quiz. Get drunk in batangas coffee (the barako breed) and rea