Apr 19, 2024  
Graduate Catalog 2014-2015 
    
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Graduate Catalog 2014-2015 [ARCHIVED CATALOG]

MAMS 581 - Economics of War and Defense 3 hours

An examination of economic issues related to war, the military, and industry. The course will consider the need for defense spending as a public good. Further, it will examine the impact of war and military spending on both the macroeconomy and the microeconomy, giving special consideration to its effects on market structure and economic growth. Finally, the course will explore the economics of the changing nature of the military in terms of technological change, privatization of activities, outsourcing and the nature of modern warfare.