Beginning from our earliest European settlers, students will explore how the US economy has been shaped by the laws & constitution of the US, & how the development of Wyoming’s economy has been shaped by the laws, markets, & constitution of the state Beginning from our earliest European settlers, students will explore, discuss, analyze, and understand how the economy of our country has been shaped by the laws and constitution of America, and how the development of Wyoming’s economy has been shaped and changed by laws, markets, and the constitution of the state. Markets and free enterprise depend on supportive legal and political institutions. political economy and the history of American capitalism. Important relationships between market development, our legal frame-work and our political system are presented. and Wyoming constitutions are studied to show their importance to free enterprise. Topics include public choice, cost-benefit analysis in policy, the importance of property rights and regulation.