The present course, Advanced Political Economy II is actually the first of the two-semester sequence, focused on a classical approach to microeconomics: the theory of consumer behavior and the theory of the firm. It will begin with a survey of the structure and dynamics of the center countries. The turbulent dynamics of the system, which express themselves as order generated in-and-through disorder, will be shown to give rise to patterns of recurrence over a wide variety of domains. It will then develop a consistent classical approach grounded in the theory of real competition to the determination of relative prices, profits, output, interest rates, stock market prices, exchange rates, and international trade. In all cases, the classical approaches will be compared to neoclassical and Keynesian/Post Keynesian ones, and to the relevant empirical evidence. In this course, students will be asked to work on specific course topics for weekly lab sessions, including the deconstruction of a standard microeconomics textbook and the possible construction of an alternate text grounded in the classical approach. There will be a final exam in the course, based on a question-set made available well in advance.