Course Description

This course will place particular emphasis on the roots of truly unique system of Thorstein Veblen's evolutionary economics in the theory of cumulative causation and his stage theory of cultural development in providing the class with a general background to its activities. Also, this course will help students to understand the historical importance of the Japanese economic performance, the cumulative change of the Japanese economy and its place in the present world. So you will develop a critical understanding of the contemporary economic issues. The course consists of lectures, readings, identifying actual conditions through academic achievement surveys, two small test with 25 questions and Term-end Exam Paper Review.