This text is ideal for the first comparative economics course at the undergraduate level. The level is appropriate for learners that have had a principles course. This course is found in economics, geography, international, public policy and strategy programs.
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This textbook introduces and compares the systems of capitalism existing in Europe and Asia, and then describes the collapse of central planning and the process of transition. Along the way, it explains key economic concepts like legality, corruption, principal-agent problems, market contestability, regulation, and the consequences of government fa
Dr. David Kennett is Professor of Economics and Director of the Program in International Studies at Vassar College. His current research interests include Comparative Economics and Soviet and East European Economic Transportation. Dr.
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