ECON 165

History of Capitalism in American Economy

Description: Lecture, three hours. Enforced requisite: course 102. Enforced corequisite: course 165L. How capitalism--what economists call market economy with well-defined and protected civil rights and property rights--has contributed to America's economic growth. Quantitative course, with analysis of how different features of capitalist economies impact economic growth, investment, consumption, and technical change, using computer simulations based on prominent historical examples. P/NP or letter grading.

Units: 4.0
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