Eco I or Eco 11 and 12. Eco I or Eco 11 and 12 and a course in statistics. The principal determinants of economic development theories are examined. Most of the theories are applicable to both the advanced industrial societies and to the poorer nations, but-the emphasis is on the developmental process of the countries of the Third World. The course examines the forces at work in the development process in Latin America.
Variables considered include the social and political as well as the economic ones.
Theories are presented along with their application via the examination of country case studies. Analysis of the benefits and costs associated with alternative pollution control programs and strategies. Emphasis is on the period from 1750 to 1950 and on such notable economists as Smith, Ricardo, Walras, Marshall and Keynes. Eco 115 or 119. The economic theory of natural resource allocation over time.