You will need to read the following book:
Earle, J., Moran, C. and Ward-Perkins, Z., 2016. The Econocracy: The Perils of Leaving Economics to the Experts. Manchester: Manchester University Press.
The questions here are based on the book, but you are free to use supplementary material in order to answer them – this is only to be encouraged.
i) Explain what the authors mean by ‘pluralism’ and why it might be considered to be desirable.
ii) Discuss how the public could be helped to become more knowledgeable about economics, and what difficulties would be involved.
iii) What is meant by the ‘econocracy’? How might it change if students and the public became more knowledgeable about economics?