— Comparative Economic Systems

Prerequisites & course information

Course Description: Economics analysis of the relative virtues of capitalism and socialism, including welfare economics. Marxian exploitation theory, the socialist calculation debate (Hayek and Lange), alternative capitalist systems (Japan, Germany, U.S.) and contemporary models of market socialism. Learning Activities: Lecture 3 hour(s), Discussion 1 hour(s). Grade Mode: Letter. General Education: World Cultures (WC). Learning Activities: Lecture 3 hour(s), Discussion 1 hour(s). Grade Mode: Letter. General Education: World Cultures (WC).