Most of current mainstream economics is seen as the product of market forces and private, maximizing decision making. This course provides critical alternative views to the market economy. It focuses on the economics of Karl Marx which emphasizes class relationships in understanding economic behaviour and the structure of a capitalist society. Special attention is also paid to the economics of Thorstein Veblen which views the economy as a set of institutions subject to technological changes. Lect: 3 hrs. Course Weight: 1.00 Billing Units: 1
