This course evaluates the workings of
different economic systems. Selected basic theoretical and conceptual issues
comparison criteria, basic economic institution, centralization versus
decentralization, and ideologies are examined. The basic economic models,
capitalist market versus non-capitalist market, planned versus command
economics are treated in-depth to embody the institutional arrangements in the
contrast of the USA, UK, Japan, Netherlands, Indian and Nigeria. Finally, the
economies of Russia, China, Yugoslavia, Hungary and Cuba are treated following a brief discussion of Marxian
economics such that doctrinal issues in the development of the discipline
particularly methodologies are treated in the context the contemporary
economics systems and Nigeria.
- Lecturer: Patience Ozor