A study of the past and current paths to economic growth and development of countries. The course will analyze the economic policies and performances of countries by using economic theory and economic and social data. Emphasis is on developing countries of the Third World, the newly industrialized countries and former socialist countries undergoing transition to a capitalist system. Prerequisites: ECON 201 - Principles of Microeconomics and ECON 202 - Principles of Macroeconomics. Grade only.