A new summer general elective is available for on campus students: IBUS 6290.80 Defense Contracting: Political Economy and Foreign Policy (3 credits). The course is taught by Dr. Eugene Gholz, a visiting faculty member from the University of Texas, Austin.
This course examines business-government relations and the defense acquisition process in the context of the broader political economy of defense. It emphasizes organizational interests and the full array of pressures on government contracting in defense, including interest groups, bureaucratic politics, presidential leadership, Constitutional structure, and even a hint of international strategy. The course will primarily focus on the United States, but students will also learn from comparisons to European and Asian countries as they discuss how countries convert latent power (wealth) into realized power (especially military forces); the challenges that limit efficient management of defense effort; the importance of developing new technologies and the role of government and especially militaries in promoting innovation; and the effects of peacetime defense investment on the strength of the national economy.