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Prerequisites: Econ. 500* or Econ. 501**, 502**. Offered occasionally. Economic strategies pertaining to the issues of balanced sustainable development from both macroeconomic and microeconomic perspectives are investigated. Advanced aggregate macroeconomic models dealing with short term economic allocation, medium term economic adjustments, and long term economic growth with technical progress are studied from an economic strategy perspective. Microeconomic foundations and environmental valuation for micro-sustainable development are examined using private capital and social welfare criteria with environmental amenities. Country studies finalize the course. |