Feb 23, 2024  
College Catalog 2011-2012 
College Catalog 2011-2012 [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. Prerequisite(s): ECON 119  (4 Credits)