ECON 226 - Eastern Europe’s Transition from Communism to Capitalism 3 hours

3SS
First Semester. This course examines transitions of the former socialist states of eastern Europe from planned to market economies using basic tools of economic analysis. First, the course describes the underpinnings of a command economy and the problems that led to the system’s collapse at the end of the 1980’s. Second, experiences across countries will examined in order to identify the role that government policies and initial conditions played in the economic failures and successes of the transition processes.

Prerequisites & Notes
Limit: 30.

[Next Offered 2007-2008]

Credits: 3