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Undergraduate Economics

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Undergraduate Economics

2014 Spring Term

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3 Units

PRINCIPLES OF MICROECONOMICS (GS)

Economics 201

Consumer and firm behavior. Market supply and demand and the price system. Monopoly and imperfectly competitive market structures. The pricing of factors of production and the distribution of income. Additional topics may include: poverty, growth and development; international trade. Conventional grade basis only if course is required in the College of Business for major.


3 Units

PRINCIPLES OF MACROECONOMICS (GS)

Economics 202

The economic problem: allocating scarce resources among alternative uses. The role of the market: supply and demand. The aggregate economy: output, income, employment and inflation. The nature and role of money. The effect of government expenditure and taxation on the economy. Conventional grade basis only if course is required in the College of Business for major.


3 Units

ECONOMIC PRINCIPLES FOR TEACHERS (GS)

Economics 213

Price-determination, income-distribution, and resource allocation in the market economy, including profit-making and cooperative business organizations. International trade, economic growth, and the role of government are examined. Satisfies the state teacher certification requirements of instruction in cooperatives.


3 Units

BUSINESS STATISTICS

Economics 245

An introduction to descriptive statistics, probability theory and statistical inference. Graphical and numerical methods of summarizing data. Probability concepts and theoretical probability distributions. Sampling and sampling distributions. Estimation, confidence intervals and hypothesis testing. Correlation and regression analysis. The course emphasizes the application and interpretation of statistical techniques.


3 Units

INTERMEDIATE MACROECONOMIC ANALYSIS

Economics 302

Measuring the aggregate economy: national income and product accounting, inflation and unemployment. The nature and role of money and interest rates in the macroeconomy. The effects of monetary and fiscal policies on output, employment and inflation in the short and long run. Economic fluctuations and growth.


3 Units

ECONOMETRICS

Economics 345

The second course in statistics is a course in applied regression analysis with particular emphasis on economic analysis. It begins with a review and extension of descriptive statistics, probability and statistical inference as presented in Business Statistics before going on to a detailed treatment of simple and multiple regression.


3 Units

ECONOMICS OF DISCRIMINATION (DV)

Economics 352

This course analyzes the experiences of ethnic minorities and women in the United States economy, extending traditional and nontraditional interpretations of economic issues to the unique experiences of these groups. Economic tools will be developed and applied to such topics as: Labor Force Participation; Wage Determination; Occupational Choice and Segregation; Comparable Worth; Poverty; and the Criminal Justice System. These issues will be addressed through three distinct viewpoints in the course: neoclassical economics; political economy; and stratification economics.


3 Units

MONEY AND BANKING

Economics 354

The demand for and supply of money in historical perspective including the role of the banking system in the credit creation process. Financial markets, interest rates and economic activity. The Federal Reserve System, monetary policy and the macroeconomy.


3 Units

PUBLIC FINANCE

Economics 356

Economic analysis of public sector issues in relation to the overall economy including: market failure and the role of the public sector; the effects of government expenditures, taxation and borrowing on the allocation and distribution of resources; stability of the U.S. economic system.


3 Units

INTERNATIONAL FINANCE AND BANKING

Economics 406

The monetary dimension of international economics. Balance of payments accounting; exchange rates, prices and interest rates; spot and forward foreign exchange; international financial markets and international banking; exchange rate systems and the role of central banks; open-economy macroeconomics; the international monetory system and current policy issues.


3 Units

ECONOMICS OF GLOBALIZATION

Economics 431

The course treats the political economy of trade, foreign investment and multinational corporations; the economic and social consequences of globalization; governments, markets, and the instruments of international economic and industrial policy; the World Trade Organization and recent issues--environmental and labor standards; intellectual property; services trade; the developing nations.


3 Units

INDUSTRIAL ORGANIZATION AND COMPETITIVE STRATEGIES

Economics 441

Application of economic theory and analysis to case studies in American industry in terms of market structure, market conduct, and industry performance. Analysis of the ways business firms and markets are organized and interact, assessment of the outcomes of various types of firm behavior and the performance of markets, and evaluation of the causes and types of market failures.


3 Units

NATURAL RESOURCE AND ENVIRONMENTAL ECONOMICS

Economics 471

Markets and the efficient allocation of resources over time. Market failure - property rights, externalities, public goods. Valuation of environmental benefits and costs. Economics of renewable and non-renewable natural resources - land, water, fisheries, forests, energy, minerals. Pollution abatement and environmental protection. Global issues - population, climate change, tropical deforestation, the oceans and atmosphere as global "commons".


1-3 Units

SEMINAR IN ECONOMICS

Economics 494

Variable topics. Group activity. An advanced course of study in a defined subject matter area emphasizing a small group in intense study with a faculty member. Repeatable. Instructor Consent required.


1-12 Units

EXCHANGE STUDY

Economics 497

Variable topics.


1-3 Units

INDEPENDENT STUDY

Economics 498

Study of a selected topic or topics under the direction of a faculty member. Repeatable. Department Consent required.

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