ECON 6540 - Capitalism and Socialism

The purpose of this course is to examine and understand the logic and historical evolution of Capitalism and Socialism as economic systems. We will examine varieties of capitalist systems. We will study racial, ethnic, class, and gender economic roles and outcomes in the context of capitalist development. We will use a political economy approach to understand the role of market forces and other institutions such as the state, the family, cultural evolution, and the legal system in reinforcing, changing, or diminishing economic differences among people. Graduate students should register for ECON 6540 and will be held to higher standards and/or additional work.