Why the principles course needs comparative macro and micro
Abstract
Comparative economics is not the same as international economics. In fact, the word evokes the phrase systems, until recently a dull chapter dutifully included at the end of almost every Principles book. The collapse of communism has left a single system, the mixed economy of capitalism-cum-government in all of the infinite variety of possible combinations. Since the world has converged on this single system, one can snatch the adjective from its old mate systems and attach it to a whole new concept of how economics can and should be taught, that is, comparative economics.
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