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Economics

Summer 2008


General Education Info: GFR | GEP (for students starting Fall 2007)



ECON 101  Principles of Microeconomics                            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. All students should read chapters 1 and 2 of the text before the first class begins. For more information contact carroll@umbc.edu for section 6060 or vcobb07@aol.com for section 7040.
          Grade Method: REG/P-F
          GEP/GFR:Meets SS.
[0064] 6060 Meets 05/27/2008 - 07/03/2008             CARROLL, K
            TuTh.......1:00pm- 4:30pm (SOND113)
[0065] 7040 Meets 07/07/2008 - 08/01/2008             COBB, V
            MWTh.......6:00pm- 9:10pm (PUP 105)


ECON 102  Principles of Macroeconomics                            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 eanoruo@coppin.edu for section 6030 (online) or peake@umbc.edu for section 7060.
          Grade Method: REG
          GEP/GFR:Meets SS.
[0066] 6030 Meets 05/27/2008 - 07/03/2008             ANORUO, E
            TBA                       (WEB ...)
[0067] 7060 Meets 07/07/2008 - 08/15/2008             PEAKE, C
            TuWTh......1:00pm- 3:15pm (SOND108)


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 for section 6040 or chuckmcbride@comcast.net for section 7060.
          Grade Method: REG/P-F
[0068] 6040 Meets 05/27/2008 - 06/20/2008             ST MARTIN, J
            MWF........9:00am-12:10pm (PUP 206)
[0069] 7060 Meets 07/07/2008 - 08/15/2008             MCBRIDE, C
            TuTh.......9:00am-12:10pm (SOND207)


ECON 122  Principles of Accounting II                             3 credits
Continuation of ECON 121. Prerequisite: ECON 121. For more information contact thardy@umbc.edu.
          Grade Method: REG
[0070] 6060 Meets 05/27/2008 - 07/03/2008             HARDY, T
            TuTh.......6:00pm- 9:10pm (PUP 206)
[0071] 7060 Meets 07/07/2008 - 08/15/2008             HARDY, T
            MW.........6:00pm- 9:10pm (PUP 206)


ECON 309  Survey of Economic and Finance For                      3 credits
          Scientists and Engineers                          
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, 151, or MATH 155. For more information contact mathomas@umbc.edu.
          Grade Method: REG
          GEP/GFR:Meets SS.
[0072] 6060 Meets 05/27/2008 - 07/03/2008             THOMAS, M
            MW.........9:00am-12:10pm (SOND108)


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. Note: Section 8650 is held at The Universities at Shady Grove. For more information contact mbradley@umbc.edu for section 6060 or wtakacs@umbc.edu for section 8650 (hybrid).
          Grade Method: REG/P-F/AUD
[0073] 6060 Meets 05/27/2008 - 07/03/2008             BRADLEY, M
            TuTh.......1:00pm- 4:10pm (SOND108)
[0075] 8650 Meets 05/27/2008 - 07/03/2008             TAKACS, W
            MW.........1:00pm- 4:10pm (OFF ...)


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. Note: Section 8620 is held at The Universities at Shady Grove. For more information contact matthias@umbc.edu for section 7040 or mathomas@umbc.edu for section 8620.
          Grade Method: REG
[0076] 7040 Meets 07/07/2008 - 08/01/2008             CINYABUGUMA, M
            MWTh.......6:00pm- 9:10pm (PUP 208)
[0078] 8620 Meets 05/27/2008 - 07/03/2008             THOMAS, M
            TuTh.......9:00am-12:10pm (OFF ...)


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
[0079] 6060 Meets 05/27/2008 - 07/03/2008             TANG, A
            MW.........9:00am-12:10pm (ITE 231)


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. For more information contact nanditadg@aol.com.
          Grade Method: REG
[0081] 6040 Meets 05/27/2008 - 06/20/2008             DASGUPTA, N
            MWTh.......6:00pm- 9:10pm (MP  101)
            MTh........8:00pm- 9:10pm (SOND107) LAB


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
[0082] 7060 Meets 07/07/2008 - 08/15/2008             GETTER, D
            TuTh.......6:00pm- 9:10pm (SOND108)


ECON 434  Regional Economics                                      3 credits
Economic analysis of the location of economic activity. Topics covered include theories of location choice, transportation costs, migration, land use, regional development and government policies affecting regional development. Prerequisite: ECON 311. For more information contact mathomas@umbc.edu.
          Grade Method: REG
[0083] 6060 Meets 05/27/2008 - 07/03/2008             THOMAS, M
            MW.........1:00pm- 4:10pm (PUP 208)


ECON 457  The Economy of Russia and the Soviet Union              3 credits
An economic analysis of the history, development and operation of the Russian and Soviet economies from feudal Russia to the demise of the Soviet Union. Analysis of the institutional structure and performance of pre-1917 Russian agriculture and industry. Analysis of war, communism, the new economic policy, the Stalinist model, post-Stalin reforms and the end of the Soviet economic system. Prerequisite: ECON 311 For more information contact mbradley@umbc.edu.
          Grade Method: REG/P-F/AUD
[0084] 7060 Meets 07/07/2008 - 08/15/2008             BRADLEY, M
            TuTh.......1:00pm- 4:10pm (ACIV014)


ECON 463  Theory of Public Finance                                3 credits
Economic theory of government finance. Social goals and economic criteria for tax, expenditure, transfer, regulatory, debt and stabilization policy. Note: Credit will not be given for both ECON 463 and 661. Prerequisite: ECON 311. For more information contact russm@umbc.edu.
          Grade Method: REG
[0085] 7060 Meets 07/07/2008 - 08/15/2008             MORRIS, R
            MW.........9:00am-12:10pm (ITE 229)


ECON 471  Money and Capital Markets                               3 credits
Analysis of portfolio theory and the role of finance in the economy. Survey of sources and uses of funds of the major financial institutions in the contemporary American economy. Analysis of sources of funds, organizational structure, yields, and the impact on the macro-economy of major money markets (federal funds, commercial paper, Treasury bills, etc.) and capital markets (state and local government securities, mortgages, bonds and stocks). Major international financial markets (foreign exchange, Euro-dollars) are discussed briefly. Prerequisite: ECON 374 and 311. For more information contact russm@umbc.edu.
          Grade Method: REG
[0086] 6060 Meets 05/27/2008 - 07/03/2008             MORRIS, R
            MW.........9:00am-12:10pm (ITE 239)


ECON 481  International Trade Theory                              3 credits
A survey of the major theories of international trade. An analysis of why countries trade, what determines the commodity composition of international trade and the gains from trade. The theory of trade restrictions and the formulation of trade policy. Other topics include customs unions, international factor movements, cartels and commodity agreements, and trade policies for developing countries. Note: Credit will not be given for both ECON 481 and 681. Prerequisite: ECON 311. For more information contact mathomas@umbc.edu.
          Grade Method: REG
[0087] 7060 Meets 07/07/2008 - 08/15/2008             THOMAS, M
            MW.........1:00pm- 4:10pm (SOND110)


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 682. Prerequisite: ECON 312. For more information visit http://www2.mcdaniel.edu/Bus_Econ/mcintyre.html or contact mcintyre@mcdaniel.edu.
          Grade Method: REG
[0088] 6060 Meets 05/27/2008 - 07/03/2008             MCINTYRE, K
            TuTh.......6:00pm- 9:10pm (ACIV011)


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 matthias@umbc.edu.
          Grade Method: REG
[0089] 7040 Meets 07/07/2008 - 08/01/2008             CINYABUGUMA, M
            MWTh.......1:00pm- 4:10pm (PUP 208)


ECON 493  Individual Research in Economics                        3 credits

(PermReq) Grade   Method:   REG/P-F/AUD   Individual
          Instruction  course: contact department or
          instructor for permission to enroll.
[7825] 0101 Meets 05/27/2008 - 07/03/2008             FARROW, R
            Time and room to be arranged


ECON 661  Microeconomics of Public Finance                        3 credits

(PermReq) Grade Method: REG/AUD
[7659] 7060 Meets 07/07/2008 - 08/15/2008             MORRIS, R
            MW.........9:00am-12:10pm (ITE 229)


ECON 699  Seminar in Economic Policy Analysis                     3 credits
          SEMINAR IN ECONOMIC POLICY ANALYSIS               

(PermReq) Grade  Method: REG  Individual Instruction
          course:  contact department  or instructor
          for permission to enroll.
[7752] 0101 Meets 05/27/2008 - 08/15/2008             STAFF
            Time and room to be arranged


ECON 701  Individual Study in Economics                         1-3 credits

(PermReq) Grade   Method:   REG/P-F/AUD   Individual
          Instruction  course: contact department or
          instructor for permission to enroll.
[7790] 0101 Meets 05/27/2008 - 08/15/2008             TAKACS, W
            Time and room to be arranged


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