Economics is the only social science that has its own Nobel Prize. Economists teach us to think about the trade-offs involved in every decision. Ethics and economics go hand-in-hand when making decisions in business and government.
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Do you want to be a millionaire in your future job or life?
- Yes
- No
- I already am a millionaire
- I don't know
Do you want to be a BILLIONAIRE in your future job or life?
- Yes
- No
- I already am a billionaire
- I don't know
What is ethics? What is it the study of, or what is it concerning? Write 1-2 words.
Outcome-based ethics - “Whose and which outcomes matter most?” Virtue-based ethics - “Does this action or decision contribute to the formation of good character and virtues?" Duty-based ethics - “What are the written or unwritten rules in consideration?”
Ethical Frameworks
Which ethical framework resonates (agrees with your values) with you the most?
- Outcome based ethics
- Virtue based ethics
- Duty based ethics
Is it ethical to steal food to feed your family? (Answer based on your framework)
Should doctors be allowed to 'mercy' kill older patients who express a desire to medically end their life due to age, pain, suffering, etc?
Should organs be allowed to be sold or kept to a 'donation only' policy? Explain your answer and reasoning.