Ec 557 American Economic History: the 20th Century

Economic impact of U.S. involvement in World War I. Postwar structural changes. Waning of laissez-faire. Causes of the Great Depression. Economic policies of Hoover and Roosevelt administrations. The New Deal reforms. World War II and emergence of the administered system. Evolution of the mixed economy and growing role of the government. The industrial military complex. Social imbalance. Also offered for undergraduate-level credit as Ec 457 and may be taken only once for credit. Recommended: Ec 201, 202.