American Business Culture (W 008)

Spring 2012

Syllabus

Updated as of April 17th

IMPORTANT: No classes April 19 and 26

On these days there will be double classes of Prof. Hauser/Szklarska

May 10 (double class 9.45-11.15 and 11.30-1.00)

The Labor Market (classes 10-11)

Labor, employment & unemployment; Labor unions

May 17 (double class 9.45-11.15 and 11.30-1.00)

Business and Government (classes 12-13)

Major economic functions of government; The budget; Tax system; Regulation vs. deregulation of the economy; Lobbying; Inequality – Poverty; Health reform

May 24, 31

Money & Banking (classes 14-15)

History of the American money and banking system. The Federal Reserve System. The current economic recession and the Fed; Housing bubble and financial crisis