Economic activity can be organized in a variety of ways. Even amongst predominantly market economies, there exists a wide spectrum, ranging from those economies that operate with a minimum of government intervention to those with strong guidance from the government. The course investigates most of the various economic systems now in existence and the changes occurring in them. The roles of governance and market failures are explored in both local and global markets. Lect: 3 hrs. Prerequisites: ECN 104 and ECN 204 Course Weight: 1.00 Billing Units: 1
