OK Economics Economic Systems Lecture Notes INTRODUCTION Full Graphics

 

INTRODUCTION TO LECTURE NOTES

Types of the economic systems

  One-dimensional Classification
 

 Convergence Hypothesis

Vacuum Hypothesis

Two-dimensional Classification

 

Property Rights vs. Coordinating Mechanism

Command Principle vs, Central Planning

Three-dimensional Classification

 
 

What is Socialism

 

The meanning of the term "Socialism"

Socialism as a set of ideas

Socialism as a movement

Socialism as a social and economic system.

Socialist Countries

 

World Expansion of Socialism

Socialism in the Former Soviet Union (FSU)

 

What is the Former Soviet Union (FSU)?

How Socialism emerged in the FSU

Socialism in EE

What is Eastern Europe (EE) ?

How Socialism emerged in EE

 
 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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