From Chap 1 of: The Morality of Radical Economics (MRE) and Chap. 3 of Understanding Capitalism, by Bowels, Edwards, and Roosevelt (UC), and Week 1 power point slides (S):

1. What is the mainstream or Neoclassical (NC) economics view on the role of values in economics? (MRE, p. 9-12) (S 5-8).
2. What is the "Radical" (or Progressive Heterodox) on the role of values in economics? (MRE, p. 13-14) (S 10).
3. What is the difference between "value-free", "pluralist", and "contested-values" views of the role of values in economics? (MRE, p. 14-18) (S 5-8, 10, 11).
4. Explain three basic values that are important to economic and social systems and how these are related to NC and PE economics, respectively. (UC, p. 60-68) (S 12).

From Chap. 4 and 7 of Understanding Capitalism, by Bowels, Edwards, and Roosevelt (UC):

1. What economic problem did Smith identify as the basic challenge of economics, where did this problem come from, and how did Smith believe it could be solved? (UC, p. 73-76) (S 14).
2. Why key economic problem did Marx identify, where did it come from, and how did Marx believe that it could be solved? (UC, p. 76-78) (S 27).
3. How did U.S. Class structure evolve from 1780 to today? (UC, p. 152-157) (S 44-45).
4. Describe the major stages of modern U.S. capitalism from 1860 to the present. (UC, p. 160-164) (S 47).