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Economics

Summer 2006




ECON 101  Principles of Microeconomics (SS)                       3 credits
Basic economic principles and their policy applications: value and price for the firm and industry in different competitive situations, public policy toward the firm, income distribution, elements of international economics and comparative economic systems. Note: For section 6060, students registering for this course should read: Carroll, Chapter 1 and Tregarthen, Chapters 1, 2 before the first day of class. For more information contact carroll@umbc.edu for section 6060 or vcobb07@aol.com for section 7040.
          Grade Method: REG/P-F
          GFR/GER:Meets SS. GDR:Meets S.
[0106] 6060 Meets 05/30/2006 - 07/07/2006             CARROLL, K
            TuTh.......1:00pm- 4:30pm (PUP 206)
[0107] 7040 Meets 07/10/2006 - 08/04/2006             COBB, V
            MWTh.......6:00pm- 9:10pm (ACIV013)


ECON 102  Principles of Macroeconomics (SS)                       3 credits
Basic economic principles and their policy applications: economic methods and institutions, measurement of aggregate economic activity, national income determination, business cycles and economic growth, and elements of aggregate economic policies such as monetary and fiscal policy. For more information contact jasonp@umbc.edu for section 6060 or peake@umbc.edu for section 7060.
          Grade Method: REG
          GFR/GER:Meets SS. GDR:Meets S.
[0108] 6060 Meets 05/30/2006 - 07/07/2006             PALMATEER, J
            MW.........1:00pm- 4:10pm (PUP 208)
[0109] 7060 Meets 07/10/2006 - 08/18/2006             PEAKE, C
            TuWTh......1:00pm- 3:10pm (SOND110)


ECON 121  Principles of Accounting I                              3 credits
The principles of financial accounting for individuals and business entities, including the use of accounting data in making business decisions and public policy. For more information contact stmartin@erols.com.
          Grade Method: REG
[0110] 6040 Meets 05/30/2006 - 06/23/2006             ST MARTIN, J
            MWF........9:00am-12:10pm (MP  010)


ECON 122  Principles of Accounting II                             3 credits
Continuation of ECON 121. Prerequisite: ECON 121. For more information contact elg734@hotmail.com.
          Grade Method: REG/P-F/AUD
[0111] 7060 Meets 07/10/2006 - 08/18/2006             GERKIN, E
            MW.........6:00pm- 9:10pm (PUP 206)


ECON 309  Survey of Economic and Finance For                      3 credits
          Scientists and Engineers (SS)                     
This course is designed to provide science and engineering students with the concepts and tools of economic analysis. It will provide students with an understanding of the broad issues that arise in evaluation of public and private-sector decision-making. Students will learn various concepts of costs and benefits, including social costs and benefits that are needed to evaluate the economic feasibility of private and public-sector projects. Topics include: ways of evaluating costs, including social costs, time values of money, general accounting concepts, economic efficiency criteria, methods to evaluate projects, and ways to incorporate risk and uncertainty into project analysis. Prerequisites: ECON 101 and MATH 140 or 151, or MATH 155. For more information contact mathomas@umbc.edu.
          Grade Method: REG
          GFR/GER:Meets SS. GDR:Meets S.
[0112] 7060 Meets 07/10/2006 - 08/18/2006             THOMAS, M
            MW.........1:00pm- 4:10pm (PUP 208)


ECON 311  Intermediate Microeconomic Analysis                     3 credits
Economic theory of consumer behavior, production and costs, the firm, price, distribution, general equilibrium and welfare. Prerequisite: ECON 101 and MATH 151 or 155. For more information see http://www.research.umbc.edu/~mbradley/index.html or contact mbradley@umbc.edu.
          Grade Method: REG/P-F/AUD
[0113] 6060 Meets 05/30/2006 - 07/07/2006             BRADLEY, M
            TuTh.......1:00pm- 4:10pm (SOND108)


ECON 312  Intermediate Macroeconomic Analysis                     3 credits
Systematic study of the theory of aggregate economics, including the level and growth of national income and employment, the degree of utilization of productive capacity and the general level of prices. Prerequisite: ECON 101, 102, and MATH 151 or 155. For more information contact mathomas@umbc.edu.
          Grade Method: REG
[0114] 7060 Meets 07/10/2006 - 08/18/2006             THOMAS, M
            TuTh.......1:00pm- 4:10pm (MP  010)


ECON 320  Elements of Quantitative Methods for                    3 credits
          Management                                        
This course is designed to teach selected topics in mathematics, statistics and models of decision-making to economics and administrative sciences students interested in improving their ability to learn the techniques of modern management. Prerequisite: ECON 101 and STAT 121 or its equivalent and permission of the instructor. For more information contact jasonp@umbc.edu.
          Grade Method: REG
[0115] 6060 Meets 05/30/2006 - 07/07/2006             PALMATEER, J
            MW.........9:00am-12:10pm (PUP 208)


ECON 374  Fundamentals of Financial Management                    3 credits
Fundamentals of financial management, including financial and working-capital analysis and forecasting, asset pricing theory, capital budgeting, capital structure and cost of capital, dividend policy and special topics in financial management. Prerequisite: ECON 101, 102, 121, 122, and STAT 350, 351 or 355. For more information contact paochungtang@yahoo.com.
(PermReq) Grade Method: REG
[0116] 6040 Meets 05/30/2006 - 06/23/2006             TANG, A
            MWF........9:00am-12:10pm (ITE 231)


ECON 408  Managerial Economics                                    3 credits
Application of economic analysis to resource allocation within the firm. Problems associated with production scheduling, inventory management, product promotion and distribution are analyzed. Prerequisite: ECON 311 and 320.
          Grade Method: REG/P-F
[0117] 6040 Meets 05/30/2006 - 06/23/2006             DASGUPTA, N
            MWF........1:00pm- 4:10pm (ACIV207)


ECON 410  Selected Topics in Financial Economics                  3 credits
          Global Aging and the Future of Social             
          Insurance                                         
The purpose of the course is to prepare the student to understand more fully the causes for and the multiple effects of the unprecedented demographic trends now developing and to join and interpret the rising debate on the form and substance of social insurance programs in the 21st century. Policy options to address the multifaceted dilemmas will be explored including an overview of policies being implemented in other nations. Note: ECON 412 and PUBL 610 is a cross-listed elective for advanced undergraduates and graduates. For more information contact gribbin@umbc.edu.
(PermReq) Grade Method: REG
[0118] 7060 Meets 07/10/2006 - 08/18/2006             GRIBBIN, J
            MW.........6:00pm- 9:10pm (PUP 208)


ECON 412  Topic in Macroeconomics Global Aging and                3 credits
          the Future of Social Insurance                    
The purpose of the course is to prepare the student to understand more fully the causes for and the multiple effects of the unprecedented demographic trends now developing and to join and interpret the rising debate on the form and substance of social insurance programs in the 21st century. Policy options to address the multifaceted dilemmas will be explored including an overview of policies being implemented in other nations. Note: Also listed as ECON 410 and PUBL 610. For more information contact gribbin@umbc.edu.
(PermReq) Grade Method: REG
[0119] 7060 Meets 07/10/2006 - 08/18/2006             GRIBBIN, J
            MW.........6:00pm- 9:10pm (PUP 208)


ECON 421  Introduction to Econometrics                            3 credits
Fundamentals of regression methods applied to empirical analysis of economic phenomena. Topics include single-equation regression models with classical assumptions, special econometric techniques for non-classical regression models and simultaneous-equations models. Prerequisite: ECON 311, 312, and STAT 351 or its equivalent.
          Grade Method: REG/P-F
[0120] 7060 Meets 07/10/2006 - 08/18/2006             DASGUPTA, N
            TuTh.......1:00pm- 4:10pm (ACIV108)


ECON 423  Economic Forecasting                                    3 credits
Study of the application of economic statistics to forecasting problems. Topics covered include analysis of cross-section and time-series data, use of published economic indicator series and forecasting methodology. Prerequisite: ECON 312 and STAT 351 or its equivalent. For more information contact dgetter@umbc.edu.
          Grade Method: REG/P-F/AUD
[0121] 6060 Meets 05/30/2006 - 07/07/2006             GETTER, D
            TuTh.......6:00pm- 9:10pm (SOND205)


ECON 453  Household Economics                                     3 credits
Systematic and integrative treatment of a range of household decisions that utilizes and extends intermediate consumer theory. Topics include household production, marriage and fertility, life-cycle models of consumption, learning and the allocation of time. Prerequisite: ECON 311. For more information contact lord@umbc.edu.
          Grade Method: REG
[0122] 6060 Meets 05/30/2006 - 07/07/2006             LORD, W
            TuTh.......1:00pm- 4:10pm (SOND109)


ECON 471  Money and Capital Markets                               3 credits
This course is a broad survey of the flow of funds through capital markets and financial institutions, with emphasis on the U.S. markets. Topics include: the roles of money and capital markets in the economy, intermediation and the role of financial institutions in these markets and how that affects investment portfolios, the role of the Federal Reserve, interest rate determination, the nature and purposes of financial institution regulation, the nature of risk confronted by financial institutions and strategies for mitigating those risks. Prerequisite: ECON 374 and 311. For more information contact russm@umbc.edu.
          Grade Method: REG
[0123] 6060 Meets 05/30/2006 - 07/07/2006             MORRIS, R
            MW.........9:00am-12:10pm (MP  012)


ECON 482  International Finance                                   3 credits
Introduction to international monetary relations. A study of exchange rate determination, balance of payments phenomena and international monetary systems. Note: Credit will not be given for both ECON 482 and ECON 682. Prerequisite: ECON 312 and permission of the instructor. For more information see http://www2.mcdaniel.edu/Bus_Econ/mcintyre/482UMBC.html or contact mcintyre@mcdaniel.edu.
(PermReq) Grade Method: REG/P-F
[0124] 6060 Meets 05/30/2006 - 07/07/2006             MCINTYRE, K
            TuTh.......6:00pm- 9:10pm (MP  102)


ECON 490  Analytic Methods in Economics                           3 credits
Study of linear algebra, derivatives, differentials and optimization. Each topic is followed by economic applications. Prerequisite: ECON 311. For more information contact mathomas@umbc.edu.
          Grade Method: REG
[0125] 6060 Meets 05/30/2006 - 07/07/2006             THOMAS, M
            MW.........6:00pm- 9:10pm (PUP 206)


ECON 493  Individual Research in Economics                        3 credits

(PermReq) Grade   Method:   REG/P-F/AUD   Individual
          Instruction  course: contact department or
          instructor to obtain section number.


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