ECON - Economics

Credit by exam. The theoretical principles of the economy as a whole; includes national income determination, inflation, unemployment, fiscal policy, monetary policy, and open-economy macroeconomics.

Prerequisite: ECON 205. Credit by exam. This course examines the theoretical principles that underlie the behavior of individuals, households, business enterprises and governments in the day-to-day functioning of domestic and international markets. It focuses on competitive and noncompetitive market outcomes and market failures. Issues relating to international trade, environment, and global economy are also addressed.

Prerequisites: MATH 099 or Level II placement on Basic Math skills inventory or permission of the instructor. Not open to students who have received credit for MATH 112, MATH 112W, MATH 213, PSY 211 or SOC 261. This course will introduce descriptive statistics, probability, discrete and continuous distributions, correlations, and linear regressions. Completing this course will give students the solid grounding in statistics necessary to successfully complete upper-level economics and management courses.

This course is a general topics course in economics, allowing faculty and students to study particular topics of interest.

Prerequisites: MGMT 281, ECMG 212 or MATH 112, and ECON 205 or ECON 206. Introduction to the fundamental analytical tools and use of information sources in finance and investments. Study of time value of money, valuation of securities, risk, rates of return and cash flow analysis.

Prerequisites: GLBS 200 or ECON 205 or PSCI 215. Examines the role of governments and international institutions in the flow of goods, services, and factors of production across international borders.

Prerequisite: ECON 205 or permission of the instructor. The theory of Keynesian and classical income determination, interest rates, employment, consumption, investment, government expenditures and economic growth.

Prerequisite: ECON 206. The theory of the firm under various competitive conditions; determination of wages, interest, rent and profits. An introduction to welfare economics and general equilibrium theory.

Prerequisite: ECON 206 or permission of the instructor. This course is an applied microeconomics course that explores how economic analysis can be applied to the world of sports. Topics covered include how professional sports teams and leagues act like profit-maximizing firms and the market structure, public finance of sports, the role of labor markets in sports, and non-for-profit sports (amateur sports).

Prerequisites: ECON 205 and ECON 206. ECON 305 strongly recommended. This course will offer students a good understanding of financial markets with an emphasis on the banking sector and fixed income securities. This course will cover the various theories of monetary economics and how monetary policies of the Federal Reserve will influence the financial markets and the broader macroeconomy.

Prerequisite: ECON 206 or permission of the instructor. This course examines the relationship between economic growth and the environment. The tools of economic analysis are used to examine the relationship between economic efficiency and sustainability. The course also evaluates public policies in developed and developing countries designed to promote more sustainable development.

Prerequisites: ECON 206 or permission of the instructor. This course introduces game theory fundamentals with special emphasis on strategic behavior of individuals, firms, and governments. Topics include strategic games and Nash equilibrium, games in coalitional form and the core, bargaining theory, measuring power in voting systems, problems of fair division, and optimal and stable matching.

Prerequisite: ECON 205 or ECON 206 or permission of the instructor. Theories of economic development and growth. Case studies of developed and less developed countries in Asia, Africa and Latin America.

Prerequisites: ECON 205 or ECON 206 or by permission of the instructor. This course analyzes the activities of women and men in the economy. While women are the core economic producers, their work remains outside the neoclassical definition of economic activity. This class examines women’s and men’s economic contributions as employed workers, care providers, subsistence producers, volunteer workers, and homemakers, emphasizing feminist economics.

Prerequisites: ECON 205, ECON 206 and ECON 306. Open to sophomores, juniors and seniors, or permission of the instructor. This course examines the microeconomic aspects of international economics. Economic theories are used to rigorously analyze issues in international trade, distribution of gains from trade, and trade policy tools and their uses. Topics of current interest, such as free trade and welfare, trade blocks, and various development policies will also be studied.

Prerequisites: ECON 206; ECON 306 is recommended. The study of market structure, monopoly power, pricing, competition, game theory and regulation.

Prerequisites: ECON 205 and ECON 206 or permission of instructor. Theories of wage determination, unemployment and inflation, employment trends and labor in the global economy.

Prerequisite: Permission of the economics faculty. Assist in the introductory and principles of economics courses. The teaching assistant holds tutorials for student questions, assists in computer assignments and quantitative projects. Grading is on a satisfactory/unsatisfactory basis.

Prerequisite: Permission of the chair of the department. Reading and/or research in a selected field of economics.

An upper-level special topics course offered at the discretion of the department. The content and methods vary with the interest of students and faculty members

Prerequisites: 15 credits in economics at the 200-level or above. A learning experience in a business or public environment where specific demands are made in terms of applying economic principles and analysis. Grading is on a satisfactory/unsatisfactory basis.

Prerequisite: ECON 306 and junior standing or permission of the instructor. This course applies the economic theory to public policy. Careful examination of government taxation, expenditure, and regulation at the local, state, and federal levels will be carried out with a view to how such policies may impact the public welfare.

Prerequisites: PSCI 203, PSCI 210 or PSCI 215 and ECON 310 or permission of the instructor. This is a comparative course on the making and implementing of environmental policies in developed and developing countries. The focus is on the evolution of environmental policymaking and on the problems associated with implementing environmental policies in different political and institutional contexts.

Prerequisite: ECON 305 and ECON 306 or permission of the instructor. The doctrines of the great economists: Mercantilist, physiocrat, classical and Keynesian schools of thought; the relation of economic thought to contemporary institutions.

Prerequisites: ECON 205, ECON 206 and ECON 305. Open to sophomores, juniors and seniors, or permission of instructor. This course examines the macroeconomic aspects of international economics. Economic theories are developed to rigorously analyze the issues in balance of payments, exchange rate determination and global capital markets. Topics of current interest such as developing country debt, stabilization and economic reform will be studied.

Prerequisites: ECON 305 and ECON 306 or permission of the instructor. Study of specific problems in economics through individual research, reports and group discussion.

Prerequisites: ECON 206, ECMG 303, ECON 306 and MGMT 314. Open to juniors and seniors, or by permission of the instructor. This course introduces students to international finance and institutions. Topics covered are exchange rate determination theories, international corporate finance, international portfolio diversification models, foreign exchange risk, hedging strategies, foreign exchange options, and derivatives market.

Prerequisites: ECON 205 and ECON 206, and ECMG 212 or MATH 112, and either ECON 305 or ECON 306. Open to sophomores, juniors and seniors, or permission of the instructor. An introduction to quantitative analysis of economic phenomena. The course emphasizes techniques of estimating economic relationships, testing economic theories and forecasting economic variables. Attention is given to real-world applications.

Prerequisite: By invitation of the department. The departmental honors paper is a two-semester senior-year program designed for students who wish to pursue intensive research or special projects in close coordination with faculty advisers. Departmental honors students are known as the Christine P. Tischer Scholars and receive 6 credits for this work.

Prerequisite: By invitation of the department. The departmental honors paper is a two-semester senior-year program designed for students who wish to pursue intensive research or special projects in close coordination with faculty advisers. Departmental honors students are known as the Christine P. Tischer Scholars and receive 6 credits for this work.