1000. Essentials of Economics
3.00 credits
Prerequisites: Not open for credit to students who are currently enrolled in or who have passed ECON 1107, 1179, 1200, 1201, 1202 or ARE 1150.
Grading Basis: Graded
A one-semester general introduction to micro- and macroeconomics. Economic concepts include: opportunity costs, demand and supply, incentives, comparative advantage, inflation and employment policies, balance of international payments, and economic growth. CA 2.
View Classes »1101. Economics Through Film
3.00 credits
Prerequisites: Not open for credit to students who have passed ECON 1000, 1200, 1201, 1202 or ARE 1150.
Grading Basis: Graded
Introduction to basic economic concepts and contemporary economic issues through their portrayal in motion pictures. CA 2.
View Classes »1108. Game Theory in the Natural and Social Sciences
3.00 credits
Prerequisites: Not open to students who have passed ECON 2201 or 2202.
Grading Basis: Graded
Introduction to game theory. Applications in the natural and social sciences and technology may include electric power auctions, evolutionary biology, and elections. CA 2.
View Classes »1200. Principles of Economics (Intensive)
4.00 credits
Prerequisites: Recommended preparation: ECON 1000. Not open for credit to students who have passed ECON 1201, 1202, or ARE 1150. May not be taken concurrently with ECON 1201, 1202, or ARE 1150.
Grading Basis: Graded
Same core of principles as ECON 1201 or 1202. One-half macroeconomics and one-half microeconomics. More demanding than ECON 1201 or 1202. Substitutes for ECON 1201 or 1202 as a prerequisite for all junior/senior level courses. May or may not substitute for ECON 1201 or 1202 outside economics; check Catalog. CA 2.
View Classes »1201. Principles of Microeconomics
3.00 credits
Prerequisites: Not open for credit to students who have passed or are taking ECON 1200.May be taken before or after ECON 1202. May not be taken out of sequence after passing ECON 2198, 2201, 2211Q, or 2327. Students may not earn credit for both ARE 1150 and ECON 1201.
Grading Basis: Graded
How the invisible hand of the market functions through the economic decisions of firms and individuals. How prices, wages and profits are determined, resources are allocated and income is distributed. Topical subjects (e.g., energy policy and health care). CA 2.
View Classes »1202. Principles of Macroeconomics
3.00 credits
Prerequisites: Not open for credit to students who have passed ECON 1200. May not be taken concurrently with ECON 1200. May be taken before or after ECON 1201 (or ARE 1150). May not be taken out of sequence after passing ECON 2198, 2202, 2212Q, or 2327.
Grading Basis: Graded
The organization and function of the economic system as a total unit. Economic decisions, institutions, and policies that determine levels and rates of growth of production, employment, and prices. Topical subjects (e.g., government budget deficits and current interest-rate policy). CA 2.
View Classes »1493. Foreign Study
1.00 - 6.00 credits | May be repeated for credit.
Prerequisites: None.
Grading Basis: Graded
Special topics taken in a foreign study program.
View Classes »1495. Special Topics
1.00 - 3.00 credits | May be repeated for credit.
Prerequisites: None.
Grading Basis: Graded
1498. Variable Topics
3.00 credits | May be repeated for credit.
Prerequisites: None.
Grading Basis: Graded
2101. Economic History of Europe
3.00 credits
Prerequisites: ECON 1200 or both ECON 1201 (or ARE 1150) and ECON 1202; ECON 1201 (or ARE 1150) may be taken concurrently.
Grading Basis: Graded
Economic evolution of Europe from feudal times to the present, emphasizing the modern period: the rise of commerce, industry, and banking; the growth of population and the labor force; the changing position of agriculture; business fluctuations; and forms of economic organization. CA 1.
View Classes »2101W. Economic History of Europe
3.00 credits
Prerequisites: ENGL 1007 or 1010 or 1011; ECON 1200 or both ECON 1201 (or ARE 1150) and ECON 1202; ECON 1201 (or ARE 1150) may be taken concurrently.
Grading Basis: Graded
Economic evolution of Europe from feudal times to the present, emphasizing the modern period: the rise of commerce, industry, and banking; the growth of population and the labor force; the changing position of agriculture; business fluctuations; and forms of economic organization. CA 1.
View Classes »2102. Economic History of the United States
3.00 credits
Prerequisites: ECON 1200 or both ECON 1201 (or ARE 1150) and ECON 1202; ECON 1201 (or ARE 1150) may be taken concurrently.
Grading Basis: Graded
Issues in American economic development, including the political economy of the Constitution, the economics of slavery, the rise of modern corporations and the causes of the Great Depression. CA 1.
View Classes »2102W. Economic History of the United States
3.00 credits
Prerequisites: ENGL 1007 or 1010 or 1011; ECON 1200 or both ECON 1201 (or ARE 1150) and ECON 1202; ECON 1201 (or ARE 1150) may be taken concurrently.
Grading Basis: Graded
Issues in American economic development, including the political economy of the Constitution, the economics of slavery, the rise of modern corporations and the causes of the Great Depression. CA 1.
View Classes »2103. Deep Roots of Modern Societies
3.00 credits
Prerequisites: ECON 1200 or both ECON 1201 and 1202. Not open for credit to students who have passed ECON 3103.
Grading Basis: Honors Credit
Historical and comparative analysis of deep-rooted issues affecting modern societies. The evolution of societies and the origins of poverty, discrimination, conflict and war, income inequality, gender roles, and other challenging issues. CA 1.
View Classes »2120. Honors Core: Rights and Harms
3.00 credits
Prerequisites: Any 1000-level course in Economics, which may be taken concurrently; open to students in the Honors program; others by instructor permission.
Grading Basis: Honors Credit
Basic concepts in the economics and philosophy of law as a framework for discussing controversial social issues. Topics may include intellectual property rights, eminent domain, freedom of speech, and "repugnant" transactions like the sale of human organs. CA 1.
View Classes »2198. Topics in Economic History and Thought
3.00 credits | May be repeated for credit.
Prerequisites: ECON 1200 or both ECON 1201 (or ARE 1150) and ECON 1202 or instructor consent.
Grading Basis: Graded
Special topics in economic history, the history of economic thought, the philosophy and methodology of economics, or alternative economic theories.
View Classes »2201. Intermediate Microeconomic Theory
3.00 credits
Prerequisites: ECON 1200 or 1201 or ARE 1150; MATH 1071Q or 1110Q or 1120Q or 1125Q or 1131Q or 1151Q or 2141Q. Recommended preparation: ECON 1202. Not open for credit to students who have passed ECON 2211Q or 3441.
Grading Basis: Graded
Intermediate microeconomic theory, covering demand and supply, exchange and production, pricing, and welfare economics.
View Classes »2202. Intermediate Macroeconomic Theory
3.00 credits
Prerequisites: ECON 1200 or 1202; one of MATH 1071Q, 1110Q, 1121Q, 1131Q, 1151Q, or 2141Q. Recommended preparation: ECON 1201. Not open for credit to students who have passed ECON 2212Q.
Grading Basis: Graded
Intermediate macroeconomic theory, covering national income accounting; the determination of aggregate output, employment and price levels; elements of business cycles and economic growth.
View Classes »2211Q. Quantitative Intermediate Microeconomics
3.00 credits
Prerequisites: ECON 1200 or both ECON 1201 and 1202; MATH 1071Q or 1110Q or 1125Q or 1131Q or 1151Q or 2141Q. Not open to students who have taken ECON 2201.
Grading Basis: Graded
Intermediate microeconomic theory presented with calculus and other quantitative techniques. Demand and supply, exchange and production, pricing, and welfare economics.
View Classes »2212Q. Quantitative Intermediate Macroeconomics
3.00 credits
Prerequisites: ECON 1200 or both ECON 1201 and 1202; MATH 1071Q or 1110Q or 1125Q or 1131Q or 1151Q or 2141Q. Not open for credit to students who have taken ECON 2202.
Grading Basis: Graded
Intermediate macroeconomic theory using quantitative techniques. Definition and measurement of major economic variables; business cycles; economic growth; labor supply; savings and production decision; the effect of government policies; and general equilibrium.
View Classes »2301Q. Mathematical Economics
3.00 credits
Prerequisites: ECON 1200 or both ECON 1201 (or ARE 1150) and ECON 1202; MATH 1071Q or MATH 1131Q or equivalent.
Grading Basis: Graded
Application of mathematical techniques to economic problems. Methods studied: set theory, linear algebra, equilibrium analysis, unconstrained and constrained optimization, comparative statics, and linear programming.
View Classes »2311Q. Econometrics I
3.00 credits
Prerequisites: ECON 1200 or both ECON 1201 (or ARE 1150) and ECON 1202; MATH 1071Q or 1110Q or 1125Q or 1131Q or 1151Q or 2141Q; and STAT 1000Q or 1100Q.
Grading Basis: Graded
Recommended for all students majoring in Economics. Introduction to the application of statistical methods for the estimation, testing, and prediction of economic relationships. Emphasizes ordinary least squares regression.
View Classes »2312Q. Econometrics II
3.00 credits
Prerequisites: ECON 2311Q.
Grading Basis: Graded
Topics may include endogeneity problems and instrumental variables, panel-data models, binary-choice models including probit and logit, and time-series econometrics.
View Classes »2326. Operations Research
3.00 credits
Prerequisites: Recommended preparation: ECON 1200 or both ECON 1201 and 1202. Not open for credit to students who have passed ECON 4326.
Grading Basis: Graded
Extensive use of computer spreadsheets to find efficient solutions to problems faced by managers in both the public and private sectors. Optimization of input and output mixes, of delivery routes, and communication networks.
View Classes »2327. Information Technology for Economics
3.00 credits
Prerequisites: ECON 1200 or both ECON 1201 (or ARE 1150) and 1202; STAT 1000Q or 1100Q.
Grading Basis: Graded
The presentation of economic data and testing of economic theory through the use of appropriate computer based tools. Analysis of macroeconomics concepts such as the consumption function, influence of the money supply, budget deficits, and interest rates on macroeconomic equilibrium, and the tradeoff between unemployment and inflation. Analysis of microeconomic concepts such as demand, supply, elasticity, the achievement of equilibrium price and quantity, and analysis of several industries and the stock market. Analysis of historical data such as aggregate and specific price levels, sectoral shifts in the economy, and changes in income distribution.
View Classes »2411. Money and Banking
3.00 credits
Prerequisites: ECON 1200 or both ECON 1201 (or ARE 1150) and ECON 1202; ECON 1201 (or ARE 1150) may be taken concurrently.
Grading Basis: Graded
The nature of money, the origins of monetary standards and systems, the development and operation of commercial banking, the Federal Reserve System, and international monetary agencies.
View Classes »2413. Economics of Financial Markets and Institutions
3.00 credits
Prerequisites: ECON 1200 or both ECON 1201 (or ARE 1150) and 1202.
Grading Basis: Graded
Interactions between the financial system and the real economy. The form and function of various financial markets and financial institutions Theories of interest rates. Theories of asymmetric information and transaction cost. The evolving role of the financial system in understanding key macroeconomic phenomena.
View Classes »2431. Economics of Taxation and Government Spending
3.00 credits
Prerequisites: ECON 1200 or 1201 or ARE 1150. Recommended preparation for students who have passed ECON 1201 (or ARE 1150) is ECON 1202.
Grading Basis: Graded
Critical issues in taxation and government expenditures. Emphasis on institutions and public policy. Topics include: rationale for and effects of progressive taxation, reform of the tax system, Social Security and Medicare, welfare reform, defense, and fiscal federalism.
View Classes »2439. Urban Development and Policy
3.00 credits
Prerequisites: ECON 1200 or 1201 or ARE 1150.
Grading Basis: Graded
Education, housing, anti-poverty, economic development, and transportation policies for American cities and metropolitan areas. Emphasis on different roles of policies that act upon people versus places. Analysis tools for regional economic development such as input-output matrices and cost-benefit analysis.
View Classes »2440. Economics of the Global Economy
3.00 credits
Prerequisites: ECON 1200 or both ECON 1201 (or ARE 1150) and 1202.
Grading Basis: Graded
Analysis of economic integration in the global economy with emphasis on the position of the USA. Several specialist areas of economic thought brought to bear-economic history, economics of the multinational enterprise, international trade, international finance, labor economics, environmental economics, and economics of the internet. Institutional historical, and political economy approaches are emphasized.
View Classes »2441. Labor Economics
3.00 credits
Prerequisites: ECON 1200 or 1201 or ARE 1150. Recommended preparation: ECON 2201.
Grading Basis: Graded
Economics of labor: human capital theory, discrimination, unemployment, manpower policy, and trade unions.
View Classes »2441W. Labor Economics
3.00 credits
Prerequisites: ECON 1200 or 1201 or ARE 1150; ENGL 1007 or 1010 or 1011. Recommended preparation: ECON 2201.
Grading Basis: Graded
Economics of labor: human capital theory, discrimination, unemployment, manpower policy, and trade unions.
View Classes »2444. Women and Minorities in the Labor Market
3.00 credits
Prerequisites: ECON 1200 or both ECON 1201 (or ARE 1150) and 1202.
Grading Basis: Graded
Issues and problems confronting women and minorities in the workplace, using economic theory, institutional analysis, and empirical investigation. Historical background, allocation of time, discrimination, earnings determination, occupational structure, labor unions, and public policy.
View Classes »2445. Economic Foundations of Gender Inequality
3.00 credits
Prerequisites: Not open to students who have passed or are taking HRTS or WGSS 3445
Grading Basis: Graded
Economic approaches to gender inequality in political representation, economic opportunities, access to education, and health.
View Classes »2447. Economics of Sports
3.00 credits
Prerequisites: ECON 1200 or 1201 or ARE 1150.
Grading Basis: Graded
Microeconomic principles applied to the business of sports. Player salaries; antitrust issues and collective bargaining; discrimination; economics of franchising; ticket pricing, revenue sharing, and competitive balance; impact of franchises on local economies.
View Classes »2447W. Economics of Sports
3.00 credits
Prerequisites: ECON 1200 or 1201 or ARE 1150; ENGL 1007 or 1010 or 1011.
Grading Basis: Graded
Microeconomic principles applied to the business of sports. Player salaries; anti-trust issues and collective bargaining; discrimination; economics of franchising; ticket pricing, revenue sharing, and competitive balance; impact of franchises on local economies.
View Classes »2451. Economic Behavior and Health Policy
3.00 credits
Prerequisites: ECON 1200 or both ECON 1201 (or ARE 1150) and 1202. Not open for credit to students who have passed ECON 3451.
Grading Basis: Graded
Basic principles of health economics, including the demand for health, health behaviors, public-health economics, and behavioral health economics, applied to five topics: smoking, obesity, opioid and other drug addictions, depression, and infectious diseases.
View Classes »2456. Economics of Poverty
3.00 credits
Prerequisites: ECON 1200 or both ECON 1201 (or ARE 1150) and 1202.
Grading Basis: Graded
Analysis of poverty and income maintenance programs: theories of income distribution and comparison of public policies in the U.S. and other countries.
View Classes »2467E. Economics of the Oceans
Also offered as: MAST 2467E
3.00 credits
Prerequisites: ECON 1200 or 1201 or ARE 1150.
Grading Basis: Graded
Economies of industries that use and manage ocean resources. Applications of industrial organization, law and economics, natural resource theory, and environmental economics.
View Classes »2474. Economic Development in Latin America and the Caribbean
Also offered as: LLAS 2474
3.00 credits
Prerequisites: ECON 1200 or both ECON 1201 and 1202.
Grading Basis: Graded
Survey of the economic history of Latin America and the Caribbean. Analysis of present-day development issues in the region, including economic growth, poverty, education, and health.
View Classes »2477. Transitional Economies of Russia and Eastern Europe
3.00 credits
Prerequisites: ECON 1200 or both ECON 1201 (or ARE 1150) and 1202.
Grading Basis: Graded
Economic transition of these formerly socialist economies into capitalist, market economies. Comparison of centrally planned and market economies. Problems of macroeconomic imbalance, economic distortions, shortages and repressed inflation. Means and timing of price liberalization, privatization, restructuring, currency convertibility, and building legal and financial institutions.
View Classes »2481. Internship Field Study
1.00 - 6.00 credits | May be repeated for a total of 15 credits.
Prerequisites: Nine credits of 2000 level or above ECON (6 of which may be taken concurrently). Must be 6th semester and have a min CGPA of 2.25 or a min of 2.5 in 2000-level or above ECON. Must secure satisfactory intern position before end of 2nd week of semester.
Grading Basis: Satisfactory/Unsatisfactory
Supervised fieldwork relevant to some area of economics, with a business firm, government agency or non-profit organization. Evaluation by the field supervisor and by the instructor (based on a detailed written report submitted by the student). Students taking this course will be assigned a final grade of S (satisfactory) or U (unsatisfactory.) Does not count toward the economics major. Students must secure a satisfactory intern position before the end of the second week of the semester of enrollment in this course; they should begin consultation with the instructor several months in advance.
View Classes »2491. Internship Research Paper
1.00 credits
Prerequisites: Nine credits of 2000 level or above ECON (six of which may be taken concurrently). Students must be 6th semester and have a min CGPA of 2.25 or a min of 2.5 in 2000 level or above economics courses.
Grading Basis: Graded
Research paper of 3,000-4,000 words on approved topic related to the internship field study.
View Classes »2491W. Internship Research Paper
1.00 credits
Prerequisites: 9 credits of 2000-level or above ECON (6 may be concurrent); at least 6th semester with a min CGPA of 2.25 or a min of 2.5 in 2000-level or above ECON courses; ENGL 1007 or 1010 or 1011.
Grading Basis: Graded
Research paper of 3,000-4,000 words on approved topic related to the internship field study.
View Classes »2493. Foreign Study
1.00 - 6.00 credits | May be repeated for credit.
Prerequisites: None.
Grading Basis: Graded
Special topics taken in a foreign study program. Consent of Department Head required, prior to the student's departure. May count toward the major with consent of the advisor.
View Classes »2495. Special Topics
1.00 - 6.00 credits | May be repeated for credit.
Prerequisites: Prerequisites and recommended preparation vary.
Grading Basis: Graded
2498. Variable Topics
3.00 credits | May be repeated for credit.
Prerequisites: Prerequisites and recommended preparation vary.
Grading Basis: Graded
2499. Independent Study
1.00 - 6.00 credits | May be repeated for credit.
Prerequisites: None.
Grading Basis: Graded
Tutorial course to enable qualified students to round out their training in economics. Independent reading conferences and short research papers. No more than six credits of ECON 2499/3499 may be counted toward major requirements.
View Classes »2500W. Writing in Economics
1.00 credits
Prerequisites: ECON 1200 or both ECON 1201 (or ARE 1150) and ECON 1202; ENGL 1007 or 1010 or 1011.
Grading Basis: Graded
Techniques for, and practice in, research, writing, citation, and data presentation in economics.
View Classes »3103. Global Economic History: Deep Roots of Modern Societies
3.00 credits
Prerequisites: ECON 2201, ECON 2202, ECON 2211Q, or ECON 2212Q. Not open for credit to students who are currently enrolled in or who have passed ECON 2103.
Grading Basis: Graded
Historical and comparative analysis of deep-rooted issues affecting modern societies. The evolution of societies and the origins of poverty, discrimination, conflict and war, income inequality, gender roles, and other challenging issues.
View Classes »3198. Variable Topics in Economic History
3.00 credits | May be repeated for credit.
Prerequisites: ECON 2201, 2202, 2211Q, or 2212Q.
Grading Basis: Graded
3208. Game Theory
3.00 credits
Prerequisites: ECON 2201 or 2211; open to juniors or higher. Not open for credit to students who have taken ECON 3210.
Grading Basis: Graded
Analysis of economic situations as games. Nash equilibrium, backward induction, auctions, commitment, credibility, and asymmetric information.
View Classes »3209. Behavioral Economics
3.00 credits
Prerequisites: ECON 2201 or 2211Q; STAT 1000Q or 1100Q.
Grading Basis: Graded
Overview of the field of behavioral economics, the intersection between economics and psychology. Behavioral models of individual decision-making, with particular focus on intertemporal choice, decisions under uncertainty, and probabilistic judgments and learning. Applications to fields such as development economics and health economics.
View Classes »3210. Game Theory for Blockchains
3.00 credits
Prerequisites: ECON 2201 or 2211Q. Not open for credit to students who have passed ECON 3208.
Grading Basis: Graded
Analysis and modeling of strategic interaction, with a focus on the strategic challenges of blockchains. Topics include identification of strategic issues in using blockchains, choice of correct tools of analysis, formal modeling of interaction, and design of governance algorithms.
View Classes »3313. Elementary Economic Forecasting
3.00 credits
Prerequisites: ECON 2202 or 2212Q; STAT 1000Q or 1100Q; (i) ECON 2311Q and ECON 2312Q, or (ii) STAT 3215Q and STAT 3025Q or STAT 3375Q or MATH 3160; open to juniors or higher.
Grading Basis: Graded
Economic forecasting for macroeconomics and financial economics. Econometric analysis of time-series data.
View Classes »3315. Financial Econometrics
3.00 credits
Prerequisites: ECON 2201 or 2211Q; ECON 2202 or 2212Q; ECON 2311Q; ECON 2312Q; STAT 1000Q or 1100Q.
Grading Basis: Graded
Introduction to the mathematics of finance. Theoretical reasoning (proofs), modeling, useful simplifying approximations, and computing. Students will write basic programs in R.
View Classes »3317. Machine Learning for Economists
3.00 credits
Prerequisites: ECON 2311Q, 2312Q, and 3321. Not open for credit to students who have passed ECON 5317.
Grading Basis: Graded
Machine learning techniques and causal inference. Applications to economic data.
View Classes »3318. Panel Data Econometrics
3.00 credits
Prerequisites: ECON 2311Q, 2312Q and 3321. Not open for credit to students who have passed ECON 5318.
Grading Basis: Graded
Standard panel data models with an emphasis on determining when causal relationships can be inferred from panel data.
View Classes »3321. Programming and Computation with R for Economists
3.00 credits
Prerequisites: ECON 2201 or 2211Q; ECON 2202 or 2212Q. Not open for credit to students who have passed ECON 5321.
Grading Basis: Graded
Basics of R programming. Objects, data structures, logical design, functions. Applications to matrix algebra, optimization, data visualization, and econometric analysis.
View Classes »3322. Open Source Programming with Python for Economists
3.00 credits
Prerequisites: ECON 2201 or 2211Q; ECON 2202 or ECON 2212Q. Not open for credit to students who have passed ECON 5322.
Grading Basis: Graded
Introduction to Python. Code structure; control flow; data input/output in various formats; testing and debugging.
View Classes »3413. Financial Economics
3.00 credits
Prerequisites: ECON 2201 or 2211Q; ECON 2202 or 2212Q; STAT 1000Q or 1100Q.
Grading Basis: Graded
Basic principles used in investment decisions and their applications to pricing financial assets and to portfolio management. Asset pricing models including the Capital Asset Pricing Model and Arbitrage Pricing Theory. Fixed-income securities. Options and futures.
View Classes »3416. Special Problems in Money and Banking
3.00 credits
Prerequisites: ECON 2202 or 2212; ECON 2411.
Grading Basis: Graded
Emphasis on public policy: commercial bank regulations; the relation of liquidity to economic fluctuations; government lending agencies; and central bank policies and credit control.
View Classes »3421. International Trade
3.00 credits
Prerequisites: ECON 2201 or 2211Q. Recommended preparation: ECON 1200 or 1202; MATH 1071 or 1110 or 1121 or 1131 or 1151.
Grading Basis: Graded
Economic basis of international trade, trade policies, and international economic organizations.
View Classes »3422. International Finance
3.00 credits
Prerequisites: ECON 2202 or 2212Q. Recommended preparation: ECON 1200 or 1201.
Grading Basis: Graded
Payments and financing of international trade: foreign exchange markets, the balance of payments, capital flows, and international monetary arrangements.
View Classes »3431. Public Economics
3.00 credits
Prerequisites: ECON 2201 or 2211Q. Recommended preparation: ECON 1200 or 1202.
Grading Basis: Graded
The role of the government in the economy. Topics may include: government policies relating to environmental protection, healthcare, social security, and education; public choice theory; fiscal policy, finance, and taxation.
View Classes »3431W. Public Economics
3.00 credits
Prerequisites: ECON 2201 or 2211Q; ENGL 1007 or 1010 or 1011. Recommended preparation: ECON 1200 or 1202.
Grading Basis: Graded
The role of the government in the economy. Topics may include: government policies relating to environmental protection, healthcare, social security, and education; public choice theory; fiscal policy, finance, and taxation.
View Classes »3438. Contemporary Problems in Economics
3.00 credits
Prerequisites: ECON 2201, 2202, 2211Q, or 2212Q.
Grading Basis: Graded
Current issues of government economic policy, primarily microeconomic: energy, income maintenance, labor markets for minorities and women, government regulation, health care, and others.
View Classes »3438W. Contemporary Problems in Economics
3.00 credits
Prerequisites: ECON 2201 or 2211Q; ECON 2202 or 2212Q; ENGL 1007 or 1010 or 1011.
Grading Basis: Graded
Current issues of government economic policy, primarily microeconomic: energy, income maintenance, labor markets for minorities and women, government regulation, health care, and others.
View Classes »3439. Urban and Regional Economics
Also offered as: URBN 3439
3.00 credits
Prerequisites: ECON 2201 or 2211Q. Recommended preparation: ECON 1200 or 1202; MATH 1071 or 1110 or 1121 or 1131 or 1151.
Grading Basis: Graded
Economic problems of cities and regions: urban markets for land, labor, and housing; location decisions of businesses and households; metropolitan transportation problems; urban/suburban fiscal relations; urban and regional environmental quality; and the economics of crime.
View Classes »3441. Theory of Labor Markets
3.00 credits
Prerequisites: ECON 2201 or 2211Q.
Grading Basis: Graded
Theoretical analysis of labor markets: labor supply and demand; wage differentials; human capital; and the inflation-unemployment tradeoff.
View Classes »3451. Health Economics
3.00 credits
Prerequisites: ECON 2201 or 2211Q. Not open for credit to students who have passed ECON 2498 when taught as Health/Labor Economics
Grading Basis: Graded
Economic analysis of the health sector: organization and performance of health care delivery systems; economic behavior of patients and providers; markets for health services; health-care finance and insurance; health-care policy; and cost-benefit analysis of health-care programs.
View Classes »3453. Economics of Global Health
3.00 credits
Prerequisites: ECON 2201 or 2211Q.
Grading Basis: Graded
Examination of health issues in developing countries from the standpoint of applied microeconomic research. Emphasis on the analysis of real-world data.
View Classes »3461. Organization of Industry
3.00 credits
Prerequisites: ECON 2201 or 2211Q.
Grading Basis: Graded
The nature of competition and economic organization. Competitive effects of business practices, and their influence on price, production, and technological change.
View Classes »3466E. Environmental Economics
3.00 credits
Prerequisites: ECON 2201 or 2211Q.
Grading Basis: Graded
Application of economic reasoning to environmental issues. Topics include air and water pollution and the management of natural resources; market failure and environmental regulation; market-based mechanisms; cost-benefit analysis, environmental valuation, and program evaluation; environmental justice from an economic perspective.
View Classes »3468. Economics of the Law
3.00 credits
Prerequisites: ECON 2201 or 2211Q.
Grading Basis: Graded
The law as an economic institution. Primary focus on the Common Law, property, tort, and contract. Applications to pollution control, land-use, hazardous wastes, product liability, and worker safety. Ethical as well as economic approaches to the law.
View Classes »3473. Economic Development
3.00 credits
Prerequisites: ECON 1200 or 1202; ECON 2201 or 2211Q. Recommended preparation: MATH 1071, 1110, 1121, 1131 or 1151.
Grading Basis: Graded
Economics of problems facing developing nations: theories of development, and stategies and policies to promote economic development.
View Classes »3473W. Economic Development
3.00 credits
Prerequisites: ECON 1200 or 1202; ECON 2201 or 2211Q; ENGL 1007 or 1010 or 1011. Recommended preparation: MATH 1071Q or 1131Q.
Grading Basis: Graded
Economics of problems facing developing nations: theories of development, and strategies and policies to promote economic development.
View Classes »3479. Economic Growth
3.00 credits
Prerequisites: ECON 2202 or 2212Q.
Grading Basis: Graded
Causes and consequences of economic growth examined through theory, data, and economic history. Interactions between economic growth and population growth, technology, education, health and life expectancy, and social institutions. Public policies to promote growth.
View Classes »3492. Practicum
1.00 - 6.00 credits | May be repeated for credit.
Prerequisites: ECON 2201 or ECON 2211Q; ECON 2202 or ECON 2212Q; instructor consent required.
Grading Basis: Graded
A maximum of six credits may be counted toward the major.
View Classes »3493. Foreign Study
1.00 - 6.00 credits | May be repeated for credit.
Prerequisites: ECON 2201, 2202, 2211Q, or 2212Q.
Grading Basis: Graded
Special topics taken in a foreign study program. Consent of Department Head required, prior to the student's departure. May count toward the major with consent of the advisor.
View Classes »3495. Special Topics
1.00 - 6.00 credits | May be repeated for credit.
Prerequisites: ECON 2201, 2202, 2211Q, or 2212Q.
Grading Basis: Graded
3498. Variable Topics
3.00 credits | May be repeated for credit.
Prerequisites: ECON 2201, 2202, 2211Q, or 2212Q.
Grading Basis: Graded
3499. Independent Study
1.00 - 6.00 credits | May be repeated for credit.
Prerequisites: ECON 2201, 2202, 2211Q, or 2212Q.
Grading Basis: Graded
Tutorial course to enable qualified students to round out their training in economics. Independent reading conferences and short research papers. No more than six credits in ECON 2499/3499 may be counted toward major requirements.
View Classes »4206. Mechanism Design
3.00 credits
Prerequisites: ECON 2201 or 2211Q.
Grading Basis: Graded
Designing incentives to encourage an intended result. Applications may include public goods provision; two-sided matching, as in labor and marriage markets; and peer evaluation of performance.
View Classes »4323. Convex Optimization with Python
3.00 credits
Prerequisites: ECON 2201 or ECON 2211Q; MATH 1131Q or MATH 1151Q or MATH 2141Q.
Grading Basis: Graded
Methods of convex optimization, including linear, quadratic, and general constrained and unconstrained problems. Applications, using Python, in economics and finance.
View Classes »4326. Operations Research for Benchmarking
3.00 credits
Prerequisites: ECON 2301, and ECON 2201 or 2211Q. Recommended preparation: ECON 2326.
Grading Basis: Graded
Resource allocation decisions in complex organizations formulated as standard mathematical optimization problems that can be solved using Excel. Focus on the interface between Neoclassical Production Economics and Operations Research for performance evaluation by benchmarking.
View Classes »4494W. Seminar in Economics
3.00 credits
Prerequisites: ECON 2201 or 2211Q; ECON 2202 or 2212Q; ENGL 1007 or 1010 or 1011.
Grading Basis: Graded
Special topics in micro - and macroeconomic theory, applications, and testing. Recommended for capable students who are motivated to develop and extend their knowledge of economics in creative ways. Required for Honors Scholars in Economics and Economics Scholars.
View Classes »4497W. Senior Thesis in Economics
3.00 credits
Prerequisites: ECON 4494W or consent of the Department Honors Advisor; ENGL 1007 or 1010 or 1011.
Grading Basis: Honors Credit
The student should define a general subject area for the thesis before choosing a thesis advisor and seeking consent at the time of registration. The student should then submit a written proposal for the senior thesis to the advisor by the end of the semester preceding enrollment for thesis credit.
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