However, movement towards that goal has accelerated in recent years. This course looks at the goals and aspirations of a uniting Europe. 3 CR Traces the development of economic theory and the major contributions of the various schools of economic thought from Adam Smith through contemporary theory. Topics include agriculture, commerce, industry, money and banking, business fluctuations, economic integration and foreign investment. EC 344 Comparative Economic Systems 3 CR Studies the various systems by which societies organize their economic activities.
Countries examined include the former Soviet Union, China, Japan, England, Sweden and Yugoslavia.
Principles guiding the allocation of resources between the private and public sectors, expenditure and theory, including cost-benefit analysis. Discusses the impact of taxes on the distribution of income and explores expenditure programs, their nature, importance, purpose and economic effects. The Economic and Financial System 3 CR Examines the structure and operations of the Japanese economy and its financial system. Topics include economic policies and growth, financial markets and international finance, industrial structure and policy, international trade, public financial fiscal policy and U.S.- Japan economic conflicts. Demonstrates how economists deal with the difficult problems of the day.