Prerequisite: Nil.

Business is central to the functioning of the modern world. Its impacts are complicated and extend into every aspect of human and now environmental life. Consequently its ethical significance is extraordinarily important for all of us to appreciate. The purpose of this course is to introduce students to the central contemporary ethical issues in business. Central topics will include the nature of ethical reflection, ethical relativism and universal values in business, institutional and management virtue, the nature of corporate responsibility, ethics and property rights, globalization, the morality of free markets, as well as business and the environment. As a course in applied ethics, the course will combine normative ethical theory with a close analysis of difficult and real historical business cases.

3 lecture hours per week, one term.