Course Description

Economics 171F/G Comparative Economic Systems

A course on how alternative economic systems resolve economic problems. Compares in theory and practice different forms of economic organization found in the capitalist and (formerly) socialist world. Possible topics include: forms of ownership, pricing and valuation, incentives, planning versus markets, and the reform or transition of socialist economies.

Prerequisite: Economics 020 or 021.

3 lecture hours, half course.

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