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ECON 1040 - POLITICS AND THE ECONOMYMinimum Credits: 3 Maximum Credits: 3 Study of modern Marxian economic theory with applications to contemporary and developing capitalist economies. Marxian method contrasted to modern economic methods. Historical example illustrating Marx's concepts of economic and social change. Marxian economic theory covering such topics as commodities, labor theory of value, the circuits of capital, relative and absolute surplus value, technological change, reproduction schemes, accumulation and crisis. Comparisons and contrasts to traditional economic theory. Empirical applications. Academic Career: Undergraduate Course Component: Lecture Grade Component: LG/SNC Elective Basis Course Requirements: PREQ: ECON 1100 (MIN GRADE 'C'); PROG: School of Arts & Sciences
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