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Washington and Lee University    
 
    
 
  Nov 20, 2017
 
2017-2018 University Catalog
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ECON 241 - Economics of War and Peace


Credits: 3

Prerequisite: ECON 100 or ECON 101. In this course. we will look at the economic conditions and behaviors during periods of conflict. As such. the focus of the course is to develop a theoretical understanding of how human interaction can be modeled to study both peace and violent outcomes. To do so, we will view individuals' decision to be engaged in conflict as a rational choice. This viewpoint allows us to use economic principles to study individual behavior, design policies to alter those behaviors, and assess economic losses due to conflict. The topics covered in this class range from civil wars and genocide to international terrorism. Silwal.




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