The Economics of War

3 Credits · Level: Graduate

This course explores the interrelationship of economics and war in many different ways. It addresses the use of economic tools, including aid, sanctions, “trade wars,” and financial controls, as part of a comprehensive campaign plan to accomplish strategic and operational objectives. Discussion will include the various institutions and actors that the US and, to a lesser extent, other governments have used to promote economics as a complement to military operations. It also addresses the effects of war on the macroeconomic conditions in belligerent nations, both in a particular country (e.g. Iraq, Syria, or Afghanistan), and on US government spending and the US economy. It will address the economic nature of warfare to include contractors, private military security companies, and the challenges of corruption. The course will cover some historical examples of economics and war, but much of the course concentrates on economic actions that have been used in contemporary operations in Iraq, Syria, and Afghanistan and contemplates those that may be potentially used in the future.