A course examining the development of basic economic institutions in Western society. Emphasis is placed on key problems of historical interpretation.

CILO-1: Critically analyze the historical roots of economic systems and institutions in the Western world. CILO-2: Evaluate the impact of economic policies on economic growth, stability, and distribution of income and wealth. CILO-3: Identify and analyze the major economic trends and challenges of the modern era, such as globalization, technological change, and environmental sustainability. CILO-4: Organize economic arguments and formulate policy recommendations in a clear and convincing manner.