<p>Lecture, three hours. Enforced requisite: course 102. Enforced corequisite: course 165L. How capitalism—what economists call market economy with well-defined and protected civil rights and property rights—has contributed to America’s economic growth. Quantitative course, with analysis of how different features of capitalist economies impact economic growth, investment, consumption, and technical change, using computer simulations based on prominent historical examples. P/NP or letter grading.</p>

Economics

Combining rigorous, inclusive pedagogy with opportunities for co-curricular activities—including research, internships, and community engagement—the College provides students with diverse learning experiences that helps them thrive, become critical thinkers, and transform society.

College of Letters and Science

The department conducts cutting-edge research by developing and applying new methodologies to understand society's most critical issues and trains future generations of economic leaders.

General Catalog

History of Capitalism in American Economy

ECON 165

4 units