PHL 221 CRITICAL THINKING
SECOND MIDTERM STUDY GUIDE

There will be 60 questions on the exam. You are allowed a 3x5 card of notes (both sides). Go over your notes from class sessions for weeks 4 through 6 (live or audio podcasts) and any videos, along with the readings and then take the two sets of practice questions. To guide your study, use the review questions below:

INFORMAL LOGIC

What is the ultimate goal of critical thinking? What is the proper attitude to adopt when thinking critically? According to material presented in class, is it more important to be skeptical or "open"? What is confirmation bias? Is it rational to give additional weight to your own beliefs to the degree that they are part of a carefully scrutinized and researched system, backed by evidence? Why is formal logic not as useful in analyzing real world problems? Even though deductive arguments guarantee their conclusions with one hundred percent certainty, why aren't they necessarily better than inductive arguments, which can only establish their conclusions with a high degree of probability?

What's the difference between an inductive and deductive argument? What are two ways in which an any argument (inductive or deductive) can go wrong thus be invalid or unsound? What's the difference between a formal and an informal fallacy? When are appeals to authority fallacious?

In an argument with evidence drawn from reliable sources, is it important to know anything about the person making the argument? How, if at all, do issues of privilege, power and difference relate to understanding and evaluating a logical argument?

What are three general types of informal argument strategies? What is argument by analogy? In what kinds of arguments is analogical reasoning most prevalent and useful? What important goal of critical thinking and need of a rational person does argument by analogy leverage? What’s problematic with Judas Jarvis Thompson’s violinist analogy? What is a reductio ad absurdum argument? How are argument by analogy and reductio arguments similar kinds of arguments?

For the informal fallacies, make sure you understand the definitions and can identify particular examples. I also might ask questions about the fallacies, such as "Which fallacy most relies on the 'herd mentality?'" Review the examples used in the handouts and in class, as I may use some of those examples or very similar ones in many of the exam questions.

What is economics? Why are efficiency gains such an important part of economics? What point is Bastiat trying to make in his "Petition of the Candlestick Makers?" What argument type is he employing? Why are some of the reasons imported goods are often cheaper than domestically produced goods?

What is the broken window fallacy? What are some of the "unseen" effects of government policies?

ECONOMICS

What does economist Joseph Schumpeter mean by "creative destruction"? Why is it a crucial and inherent part of economic progress? According to information presented in class, does automation destroy jobs and put a damper on the economy? Why or why not? What is UBI and how is it related to robotics?

Why are large corporations and chain stores often more efficient than small, local ones? How can local stores still compete?