Dec 22, 2024  
2012-2013 Academic Catalogue 
    
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2012-2013 Academic Catalogue [ARCHIVED CATALOG]

EC 404 - Comparative Economic Systems

Lecture Hours: 3
Lab Hours: 0
Credit Hours: 3

A deeper analysis of the differences in institutions across countries that promote or inhibit economic performance, with an emphasis on incentives. Topics may include: an analysis of centrally-planned and market decision making; the transition of formerly planned economies; privatization and decentralization; the role of legal institutions, and the enforcement of property rights and contracts; differences in customs and traditions, and; the interplay of markets and democratic political institutions. Prerequisite(s): EC 201 -EC 202 .