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ECON 453

Comparative Economics
Name: Comparative Economics
Course Number: ECON 453
Credit(s): 3

Course Description

ECON 453 Comparative Economics examines how culture in various guises modifies the standard rules of economic engagement, creating systems with properties that differ markedly from those predicted by the theory of general market competition. In this course, students learn to analyze economic systems based on established principles and the assumption that individual utility-seeking may be culturally determined; that political goals may take precedence over public well-being, and that business misconduct may be socially detrimental. 

Learning Outcomes:

  • Understand how culture impacts economic behavior, engagement, and systems.
  • Learn to analyze and compare various economic systems according to established principles.
  • Understand the impacts of culture on utility-seeking and the social harms of business misconduct.
  • Critically analyze why and how political goals may prevail over public well-being.

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