Taught In English

There is no language prerequisite for courses at this language level.

COURSE DESCRIPTION
The 20th Century can be described as a period of rapid, and sometimes revolutionary developments in several areas of the social world, especially in the economic sphere. Regarding the economic systems, it is possible to differentiate between the changes in ideas (theoretical) from the changes at the practical level (reality). This course will analyze the main economic systems: considering their historical background, their theoretical underpinning, how they function in the real world and how they differ/interact with one another. Please note: The course will emphasize the historical background of these systems in particular.

COURSE OUTLINE
(Changes to the order of the topics may occur)

* Overview of 20th Century

* Theory and terminology

* Capitalism as an Economic System
- USA
- Japan
- Germany
* Socialism as an Economic System
- USSR
- Russian Federation
- Poland, Hungary, Czech Republic
- China
* Role of International Institutions
- GATT/WTO
- IMF
- World Bank
* Developing Economies
- Less Developed Countries
- Africa
- Latin America
- Asia
* Regional Integration
- EU
- NAFTA
- MERCOSUR
* 21ST Century Challenges
- Population / Immigration
- Environment
- Political Instability

GRADING
Midterm Exam 30%
Final Exam 30%
Presentation & Paper 20%
Class participation 20%

ABSENCES
Attendance is mandatory.

CHANGES
Level changes are allowed only through the first week of the course. Dropping the class is not possible once the second week has started.