Free Enterprise Education
Part of the Lundy Chair’s mission is to educate all undergraduates in the Lundy-Fetterman School of Business in the philosophy of free enterprise. To accomplish this goal, the Lundy Chair teaches BADM 300, Philosophy of Business; this is a required course for all undergraduate business students. In addition, the Lundy Chair also teaches BADM 560, World of Business. This class serves as a graduate version of BADM 300 in our MBA program.
Philosophy of Business
This course is the foundation of Campbell University’s program in free enterprise education. The purpose of this course is to ensure that all business students have a firm grounding in an appreciation for the free enterprise system. This course provides the student with an ethical foundation in understanding capitalism and business activity. Special emphasis is placed on the morality of profit seeking and the role of voluntary exchange in generating a civil social order.
BADM 300 examines the philosophical and economic foundations of capitalism and entrepreneurship. It also examines the effect public policies have an altering economic outcomes that would otherwise result from voluntary exchange.
Prerequisites for this course are principles of microeconomics, principles of macroeconomics, and Junior standing. A reading list for the course can be found here .
World of Business
This course is the philosophical foundation for the MBA curriculum in the Lundy-Fetterman School of Business at Campbell University. The Lundy-Fetterman School of Business was founded on the principles of free enterprise. This course provides that education at the graduate level.
This course provides the mental framework that businessmen and businesswomen need in today’s business and political environment. Unlike other courses, this course will not teach you the mechanics of being a participant in the business world; rather, this course will teach you the framework that makes business possible. Course discussions will include: what institutions are necessary to make private enterprise possible and how these institutions provide incentives for individual responsibility, self-regulation, and entrepreneurship.
A reading list for the course can be found here .