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Institution:
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The New School
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Subject:
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Description:
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Advanced Political Economy II Spring 2009. Three credits. Anwar Shaikh This course concerns the analysis of advanced capitalism. Although it begins with a survey of the state of the global economy, its focus is on the structure and dynamics at the center. The turbulent dynamics of the system, which express themselves as order generated in and through disorder, are shown to give rise to patterns of recurrence. We examine the empirical evidence and the theoretical claims of classical, neoclassical, and post-Keynesian theories concerning the determination of prices, profits, production, interest rates, stock market prices, exchange rates, and international trade. A subsequent course may extend the discussion to the analysis of money, credit, effective demand, growth, unemployment, inflation, technical change, cycles, long waves, and recurrent crises. A prior background is required in first year graduate macroeconomics and microeconomics, and in the history of economic thought. Prerequisites: GECO 5104, GECO 6190, GECO 6191, GECO 6189 (recommended), and GECO 6202 (recommended), or permission of the instructor.
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Credits:
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3.00
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Credit Hours:
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Prerequisites:
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Corequisites:
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Exclusions:
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Level:
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Instructional Type:
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Lecture
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Notes:
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Additional Information:
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Historical Version(s):
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Institution Website:
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Phone Number:
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(212) 229-5600
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Regional Accreditation:
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Middle States Association of Colleges and Schools
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Calendar System:
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Semester
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