Jun 24, 2019  
College Catalog 2018-2019 
College Catalog 2018-2019 [ARCHIVED CATALOG]

ECON 225 - Comparative Economic Systems

Cross-Listed as   
This course examines the workings of economic systems from the perspective of the incentives facing the firm and consumer. The course provides an introduction to the economics of information and organization which is used to evaluate resource allocation under the specific institutional environment of different economic systems. Our understanding of the incentive system is then used to evaluate the overall economic system. The focus of the course is primarily on the U.S. economy, Japan and the former Soviet Union/Russia. As time permits the course may examine China, Germany and Central Europe. This course counts as a Group E elective. Prerequisite(s): ECON 119 . C- or higher required for all prerequisites. (4 Credits)