Comparative Economic Systems Course at Gadjah Mada University
Comparative Economic Systems (EKU 2278)
Description
The course compares the characteristics and economic institutions of two extreme economic systems: Capitalism and Socialism.
Topics
Analysis nature and role of financial institutions in capitalist and social countries, advantages and disadvantages of both systems based on certain criteria, specific features of contemporary economic systems, banking systems, labor-management relations, and public finance in the United States, East Germany, Western Europe, Japan, and CIS (former Soviet Union).
Objectives
Give students the ability to identify the economic policies of a nation greatly affected by its adopted economic institutions and systems and to identify economic factors that determine a mixed economic system such as life philosophies and values, as well as political factors.