Seminar in Comparitive Economics Systems

Catalog description

Critical examination of modern variants of market-type and centrally-planned economies, commencing with a review of the basic problems and principles applicable to all socioeconomic systems, and proceeding with a study of models, cases, and selected aspects of the existing forms of socialism and capitalism. Consideration is given to the interplay of the level of economic development with related cultural, technological, and environmental factors in determining the structural, operational, and performance characteristics of politico-economic systems. Deviationist tendencies within the 'isms' and the related 'Convergence Hypothesis' are viewed in conclusion. P: ECO 518 .