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Studies an economic system in terms of its institutions, goals, instruments, and economic performance. This course will analyze the theory and practice of the capitalist market economies and its varieties. It will review the theory of centrally planned “command” economies and assess the transition economies in practice. Islamic economics in theory and practice will also be visited.
Studies an economic system in terms of its institutions, goals, instruments, and economic performance. This course will analyze the theory and practice of the capitalist market economies and its varieties. It will review the theory of centrally planned “command” economies and assess the transition economies in practice. Islamic economics in theory and practice will also be visited.