GB4076 Economics for the Professional Military Officer

The primary purpose of this course is to provide students with a thorough introduction to the economics of defense, not merely for its own sake, but with the intent of making them more effective officers. The economic way of thinking is a powerful tool with which to make sense of the world, and matters of national defense are no exception. Mastery of the material presented will enhance students' ability to analyze important social relationships and institutions, both with respect to the nature of information available to the relevant stakeholders and the incentives they have to act on that information. With such knowledge comes a greater understanding of the process through which the military provides for the nation’s defense, as well as a better understanding of the strengths and weaknesses of that process. Mastery of the material will very likely make them a more effective officer for a variety of reasons.

Prerequisite

GB3070

Lecture Hours

3

Lab Hours

0

Quarter Offered

  • Winter