Tag: capitalism

Comparative Economic Systems

This module introduces the study of comparative economic systems, which is concerned with analyzing differences in economic institutions across societies. It defines different types of economic systems, considering how economic decisions are made and who owns productive assets. The two main types of economic systems—capitalism and socialism—are discussed in some detail along with the historical […]

Teaching Modules Roundup: Incorporating Social Issues into Introductory Economics

By Stacey Yuen The impact of the COVID-19 pandemic remains deeply felt in the classroom as a new year has arrived. Beyond the possibility of switching to remote teaching, educators and students alike are contending with questions about whether their curriculum materials effectively reflect the changing realities in their society and the socioeconomic challenges that […]