An understanding of the basic principles that drive the economy.
1. Basics of Market Economics
In this session we will discuss various economic systems, apart from Capitalism, including primitive economies, Socialism and Communism. View the video presentation. A text of the video presentation is below, if you would like to review.
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2. Capitalism
In this session we will discuss Capitalism, its origins and nature. View the video presentation, then check out Adam Smith’s book Wealth of Nations. In 1776, Smith’s book set the stage for Capitalism. Browse it or read it at your leisure. A text of the video presentation is below, if you would like to review.
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Adam Smith’s book Wealth of Nations
3. Globalism
In this session we will discuss the modern globalized economy. View the video presentation, then explore the World Bank website. A text of the video presentation is below, if you would like to review.
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