ECON 30 Economics of the African American Community (3)
Credit, Degree Applicable
An introduction to the principles of Black political economy. Topics will include: Black employment, employment discrimination, Black capitalism, the Black underclass, homelessness, and community economic development. The empirical link between race, class and income distribution will also be examined.
After successful completion of this course, students will be able to:
- Outcome 1: Apply the principles, terminology and methods of Black political economy and traditional market economy analysis to the African American Community.
- Outcome 2: Describe and analyze the features of classical European and U.S. slavery and its long-term impact on African underdevelopment and on the current economic status of people of African descent living in the African diaspora.
- Outcome 3: Explain the process by which Black sharecroppers were transformed into a class of ""free"" Black wage laborers.
- Outcome 4: Interpret and critically analyze several alternative theories of racial economic inequality.
- Outcome 5: Analyze the demand for Black labor and specific dynamics affecting Black wage determination under advanced capitalism.
- Outcome 6: Assess and critique the market for Black consumer goods and the strengths and weaknesses of Black capitalism.
- Outcome 7: Analyze housing markets and their imperfections, especially the practice and impact of housing discrimination and residential segregation.