Capitalism, Socialism and Democracy - NMU Bulletin

EC 340 Capitalism, Socialism and Democracy 4 cr.

• Offered: Summer semester of even-numbered years.
• Prerequisites: EC 101 or EC 201, or instructor permission.
• Bulletin Year: 2021 - 2022 Undergraduate Bulletin | View the current NMU Catalog.
• General Education: This course applies towards the following general education requirement(s):
  • Perspectives on Society (PERS)

The course covers the grand historical debates over economic systems. Classical liberalism, anarchism, Utopian socialism, centrally-planned socialism, and state capitalism will all be explored. Students will be introduced to Marxian, Austrian School, and Public Choice Theory perspectives.

Notes:

Formerly listed as EC 420.