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ECON3050 - Free Market Economics Fall 2011 This course deals with the concept of a free market economy and how a model of economic freedom and limited government is related to political liberty and economic efficiency. Major topics include a study of economics of socialism and capitalism, the "invisible hand" in capitalism, the "fatal conceit" in socialism, the utopian models of laissez-faire capitalism and egalitarian Marxism, and the economic goals of growth, freedom, equity, full employment, price stability, and efficiency. Prerequisites: (ECON1020 and ECON1030) or ECON1010 3 Credits

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ECON3050-A			Free Market Economics
Full			Credits:	3	Days:	M W F
			Location:	Moon	Room:	Business School 205
			Time:	09:00-09:50 am	Instructor:	Reiland
			Session:	1 (01/13 - 05/03/14)	Term:	Spring 2014
			Prerequisites: (ECON1020 and ECON1030) or ECON1010