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Economics
ECON 101 (3.00)
Principles of Microeconomics
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.| Course ID: | 053297 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Course Equivalents: | ECON 101Y | |
| Attributes: | Social Sciences (GEP), Social Sciences (GFR) |
ECON 101H (3.00)
Principles of Microeconomics - Honors
| Course ID: | 053298 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Attributes: | Social Sciences (GEP), Social Sciences (GFR) | |
| Requirement Group: | You must be admitted to the Honors College. |
ECON 101Y (4.00)
Principles of Microeconomics
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.| Course ID: | 100500 | |
| Consent: | No Special Consent Required | |
| Components: | Discussion, Lecture | |
| Course Equivalents: | ECON 101 | |
| Attributes: | Social Sciences (GEP), Social Sciences (GFR) |
ECON 102 (3.00)
Principles of Macroeconomics
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.| Course ID: | 053299 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Attributes: | Social Sciences (GEP), Social Sciences (GFR) |
ECON 102H (3.00)
Principles of Macroeconomics - Honors
| Course ID: | 053300 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Attributes: | Social Sciences (GEP), Social Sciences (GFR) |
ECON 121 (3.00)
Principles of Accounting I
The principles of financial accounting for individuals and business entities, including the use of accounting data in making business decisions and public policy.| Course ID: | 053304 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture |
ECON 122 (3.00)
Principles of Accounting II
Continuation of ECON 121.| Course ID: | 053305 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Requirement Group: | You must have completed ECON 121 with a grade of C or better to take this course. |
ECON 250 (3.00)
Gender Roles in Economic Life
This course will investigate the influence of gender roles in paid and unpaid work. Topics to be covered include gender in the labor market (job segregation, pay equity, affirmative action), the economics of housework and family care, women in poverty and the role of government. Recommended Preparation: An introductory course in economics, sociology or gender and women's studies.| Course ID: | 050063 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Same as Offering: | GWST 250 |
ECON 263 (3.00)
Sports Economics
This course covers a broad number of issues in the economics of sports. Issues studied relate to monopoly structure of professional sports, labor relations between owners and players, and public subsidies to professional sports franchises. Should time allow, the class also will discuss the economics of intercollegiate sports.| Course ID: | 053311 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Attributes: | Social Sciences (GEP), Social Sciences (GFR) | |
| Requirement Group: | You must have completed ECON 101 or ECON 101H with a grade of "C" or better to take this class. |
ECON 280 (3.00)
The International Economy
An introduction to international economic problems and issues. Topics will include the growing importance of international economic relations, comparative advantage as a basis for gains from trade, impact of various types of trade restrictions,arguments for protection, regional trading arrangements, international investment and migration, balance of payments problems, determination of exchange rates under alternative international monetary systems and special problems of developing countries. Prerequisite: ECON 101 and 102| Course ID: | 053312 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Attributes: | Social Sciences (GEP), Social Sciences (GFR) | |
| Requirement Group: | You must have completed ECON 101 & 102 with a grade of "C" or better to take this class. |
ECON 301 (3.00)
Intermediate Accounting I
A comprehensive treatment of the theory underlying accounting principles.| Course ID: | 053315 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Requirement Group: | You must have completed ECON 122 with a "C' or better to take this class. |
ECON 302 (3.00)
Intermediate Accounting II
A continuation of ECON 301.| Course ID: | 053316 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Requirement Group: | You must have completed ECON 301 with a grade of "C" or better to take this class. |
ECON 309 (3.00)
Survey of Economic and Finance For 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.| Course ID: | 053317 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Topics: | Econ/Financial Analysis, Econ&Finscientists& Engr, Sur Of Econ/Fin, Survey Of Econ/Fin, Econ & Fin Analysis | |
| Attributes: | Social Sciences (GEP), Social Sciences (GFR) | |
| Requirement Group: | You must have completed ECON101 & either MATH 140, MATH 151 or MATH 155 before taking this class. |
ECON 311 (3.00)
Intermediate Microeconomic Analysis
Economic theory of consumer behavior, production and costs, the firm, price, distribution, general equilibrium and welfare.| Course ID: | 053318 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Requirement Group: | You must have completed ECON101 and MATH 151 or MATH 155 before taking this class. |
ECON 312 (3.00)
Intermediate Macroeconomic Analysis
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.| Course ID: | 053319 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Requirement Group: | You must have completed ECON101 and ECON 102 and either MATH151 or MATH 155 before taking this class. |
ECON 313 (1.00 - 3.00)
Economics Internship
Students can earn academic credit for internships related to economics. The internship site is usually off-campus. Students must sign up for and pass Shriver Center practicum. This course can be taken Pass/Fail only and cannot be used to meet Economic major or minor requirements. Recommended Preparation: ECON 311 and ECON 312 with a grade of "C" or better and permission of the instructor.| Course ID: | 053320 | |
| Consent: | No Special Consent Required | |
| Components: | Field Studies |
ECON 320 (3.00)
Elements of Quantitative Methods for 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.| Course ID: | 053322 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Requirement Group: | You must have completed ECON101 and STAT 121 with a grade of "C" or better before taking this class. |
ECON 352 (3.00)
Industrial Relations
This course focuses on trade unions and collective bargaining. Although considerable emphasis is placed on studying the economic effects of unions - for example, the impact of collective bargaining on wages and productivity - unions also will be analyzed as institutions. Topics covered in this course include union history, union growth, collective bargaining procedures, collective bargaining in other countries, union impacts on the economy and on union members, union democracy and public policy concerning unions.| Course ID: | 053323 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Requirement Group: | You must have completed ECON 101 & 102 with a grade of "C" or better to take this class. |
ECON 374 (3.00)
Fundamentals of Financial Management
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.| Course ID: | 053325 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Requirement Group: | You must have completed ECON 101,102,121 and ECON 122 as well as either STAT 350, 351 or 355 with a grade of "C" or better before taking this class. |
ECON 382 (3.00)
Asian Economic History
A historical survey of the development of the economies of Asia.| Course ID: | 053327 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Attributes: | Culture (GEP), Writing Intensive, Culture (GFR) | |
| Requirement Group: | You must have completed ECON 101 & 102 with a grade of "C" or better to take this class. |
ECON 385 (3.00)
Economic Development
A survey of the principles and problems of the economies of less-developed countries. Includes dimensions of poverty, patterns of development, sources of growth, role of trade and industrial development, planning, the agricultural sector and the new international economic order. Case studies from Asia, Africa and South America.| Course ID: | 053328 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Requirement Group: | You must have completed ECON 101 & 102 with a grade of "C" or better to take this class. |
ECON 387 (3.00)
Economic Development of Latin America
A study of the economic history and current important economic issues of the countries of Latin America. Topics covered in this course include the economics of colonial Latin America, dependency theory, strategies of import substitution, industrialization and the debt crisis. The experiences of several specific countries will be analyzed in detail.| Course ID: | 053330 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Requirement Group: | You must have completed ECON 101 & 102 with a grade of "C" or better to take this class. |
ECON 403 (3.00)
Economic Growth and Cycles
A study of the theories, problems and policies related to economic growth and business cycles.| Course ID: | 053332 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Requirement Group: | You must have completed ECON 312 and STAT 351 (or its equivalent) with a grade of "C" or better before taking this class. |
ECON 405 (3.00)
Benefit-Cost Evaluation
This course develops the basic conceptual framework used in benefit-cost analysis and illustrates how the framework can be used to evaluate specific public-sector programs and policies. The course demonstrates how many of the tools of economics can be applied to practical problems.| Course ID: | 053333 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Requirement Group: | You must have completed ECON 311 with a grade of "C" or better before taking this class. |
ECON 408 (3.00)
Managerial Economics
Application of economic analysis to resource allocation within the firm. Problems associated with production scheduling, inventory management, product promotion and distribution are analyzed.| Course ID: | 053334 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Requirement Group: | You must have completed ECON 311and ECON 320 with a grade of "C" or better before taking this class. |
ECON 410 (3.00)
Selected Topics in Financial Economics
Study of a particular topic in financial economics. Each semester this course is offered, the specific topic to be covered will be announced before registration. Students should refer to the course description published in the schedule of classes.| Course ID: | 053335 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Topics: | Topics In Fin Econ, Global Aging/Soc. Insur., Economics Of Risk Mgmt, Personal Financial Econ, Monetary Theory/Policy, Health Care Financing, Risk Mngmt Financial Ins, Global Aging, Venture Capital, Venture Capt Market Impe, Global Aging And Soc.Ins, Market Power and Strategic Beh, Household Finance Over the Lif | |
| Requirement Group: | You must have completed ECON 374 with a grade of "C" or better before taking this class. |
ECON 411 (3.00)
Topics in Microeconomics
Study of a particular topic in microeconomics. Each semester this course is offered, the specific topic to be covered will be announced before registration. Students should refer to the course description published in the Schedule of Classes.| Course ID: | 053336 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Topics: | Economics Of Tech & Inno, Real Estate Econ&Finance, Econ Hist/American Fam, Econ Tech & Innovation, Eco Hist Since Civil War, Market Power and Strategic Beh, Sports Economics | |
| Requirement Group: | You must have completed ECON 311 with a grade of "C" or better before taking this class. |
ECON 412 (3.00)
Topics in Macroeconomics
Study of a particular topic in macroeconomics. Each semester this course is offered, the specific topic to be covered will be announced before registration. Students should refer to the course description published in the Schedule of Classes.| Course ID: | 053337 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Topics: | Global Aging And Soc Ins, Global Aging, Topics In Macroeconomics | |
| Requirement Group: | You must have completed ECON 312 with a grade of "C" or better before taking this class. |
ECON 413 (3.00)
Industrial Organization
A study of the structure and performance of American industry.| Course ID: | 053338 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Requirement Group: | You must have completed ECON 311 with a grade of "C" or better before taking this class. |
ECON 414 (3.00)
Economics of Antitrust and Regulation
Analysis of policies on antitrust, patents and technology, economic regulation ofnatural monopoly and social regulation (such as environmental and occupational safety regulations).| Course ID: | 053339 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Requirement Group: | You must have completed ECON 311 with a grade of "C" or better before taking this class. |
ECON 415 (3.00)
Organizations, Incentives and Behavior: Theory and Policy
This course applies economic analysis of corporations to alternative organizations, including nonprofit and public-sector organizations, and markets and economies as forms of organizations. Topics include transactions costs and property rights; contracting, information and incentives; and implications for policy analysis.| Course ID: | 053340 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Requirement Group: | You must have completed ECON 311 with a grade of "C" or better before taking this class. |
ECON 416 (3.00)
The Economics of Law
Assessment of the role of economics in jurisprudence. Applications of economic theory to analyze and evaluate the doctrines of the main types of common law - property, liability, contract and criminal law - as means to promote efficiency. Other topics may include copyright and First Amendment issues.| Course ID: | 053341 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Requirement Group: | You must have completed ECON 311 with a grade of "C" or better before taking this class. |
ECON 417 (3.00)
The Economics of Strategic Interaction
Economists have adapted and developed numerous analytical techniques to study settings where strategic interaction between a few agents - competitors or cooperators - is important. These techniques help us understand how imperfect information can affect bargaining, threats, contracting, market entry, vertical integration and the performance of oligopolies. This course surveys these techniques, defining and analyzing games with symmetric and asymmetric information, examining communication-related issues, including adverse selection, moral hazard, signaling, bargaining, auctions and issues in industrial organization. This course is especially recommended for students planning to go on to graduate school in business or economics.| Course ID: | 053342 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Requirement Group: | You must have completed ECON 311 with a grade of "C" or better before taking this class. |
ECON 418 (3.00)
Economics of Innovation and Technology
This course examines the economic determinants and consequences of innovation, creative activity, and technological advance. It surveys both theoretical models and empirical studies of the determinants of creative and inventive activity. It considers classic statements of the role of the entrepreneur in economic life including those of Frank Knight, Joseph Schumpeter, and Israel Kirzner. It reviews estimates of private and social returns to investments in research and development. Policy issues involving patents, intellectual property, and public subsidies to research will also be considered. Students will be asked to develop case studies of both successful and unsuccessful business and technological innovations.| Course ID: | 053343 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Attributes: | Writing Intensive | |
| Requirement Group: | You must have completed ECON 311 with a grade of "C" or better before taking this class. |
ECON 421 (3.00)
Introduction to Econometrics
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.| Course ID: | 053344 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Requirement Group: | You must have completed ECON 311, ECON 312 and STAT 351 with a grade of "C" or better before taking this class. |
ECON 422 (3.00)
Topics in Econometrics
Selected advanced topics in econometrics.| Course ID: | 053345 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Topics: | Introduction to Financial Econ | |
| Requirement Group: | You must complete ECON 421 with a grade of "C" or better before taking this class. |
ECON 423 (3.00)
Economic Forecasting
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.| Course ID: | 053346 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Requirement Group: | You must have completed ECON 312 and STAT 351 (or its equivalent) with a grade of "C" or better before taking this class. |
ECON 433 (3.00)
Urban Economics
Analysis of the economic aspects of urban problems and of alternative public policy of local, state and federal government. Topics are government expenditure, location, tax theory and borrowing policy, employment, income, poverty and welfare, housing and urban renewal, environmental quality, transportation and public overhead capital, and public services.| Course ID: | 053348 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Requirement Group: | You must have completed ECON 311 with a grade of "C" or better before taking this class. |
ECON 434 (3.00)
Regional Economics
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.| Course ID: | 053349 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Requirement Group: | You must have completed ECON 311 with a grade of "C" or better before taking this class. |
ECON 437 (3.00)
The Economics of Natural Resources
Economic theory of the use of renewable and non-renewable resources. Economic theory is used to determine optimal pricing and use of natural resources, both in the current period and over time. Actual markets and institutions for selected resources, such as energy resources, are studied in some detail.| Course ID: | 053351 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Requirement Group: | You must have completed ECON 311 with a grade of "C" or better before taking this class. |
ECON 439 (3.00)
Environmental Economics
Economic analysis of the causes, effects and alternative solutions of the problems of air pollution, water pollution and toxic wastes. Economic theory is applied to define environmental quality goals and to analyze alternative policies for achieving these goals.| Course ID: | 053352 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Requirement Group: | You must have completed ECON 311 with a grade of "C" or better before taking this class. |
ECON 441 (3.00)
American Economic History
A survey of the growth and development of the American economy from colonial times to the present.| Course ID: | 053353 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Requirement Group: | You must have completed ECON 311 or ECON 312 with a grade of "C" or better before taking this class. |
ECON 442 (3.00)
European Economic History
A survey of European economic history from prehistoric times to the present.| Course ID: | 053354 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Attributes: | Writing Intensive | |
| Requirement Group: | You must take ECON 311 or ECON 312 with a grade of "C" or better before taking this class. |
ECON 443 (3.00)
History of Economic Thought I
Survey and analysis of major developments in economic thought from ancient times through the middle of the 19th century. Mercantilism, physiocracy, the classical economics of Adam Smith and David Ricardo, and the economic ideas of Karl Marx.| Course ID: | 053355 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Attributes: | Writing Intensive | |
| Requirement Group: | You must have completed ECON 311 or ECON 312 with a grade of "C" or better before taking this class. |
ECON 444 (3.00)
History of Economic Thought II
Survey and analysis of major developments in economic theory from mid-19th century through mid-20th century. The breakdown of classical economics, marginalism, the theory of production and income distribution, Alfred Marshall's neoclassical economics, the development of welfare economics and macroeconomic analysis.| Course ID: | 053356 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Attributes: | Writing Intensive | |
| Requirement Group: | You must have completed ECON 311 or ECON 312 with a grade of "C" or better before taking this class. |
ECON 451 (3.00)
Labor Economics
This course focuses on theoretical and policy issues that relate to the operation of labor markets. Topics include labor supply, labor demand, labor mobility, unemployment and the effect of various government policies on labor markets. A wide range of government policies on labor markets, including minimum-wage legislation, income transfer programs, and employment and training programs are examined.| Course ID: | 053358 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Requirement Group: | You must have completed ECON 311 with a grade of "C" or better before taking this class. |
ECON 453 (3.00)
Household Economics
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.| Course ID: | 053360 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Requirement Group: | You must have completed ECON 311 with a grade of "C" or better before taking this class. |
ECON 454 (3.00)
Economics of Education and Human Capital
This course deals with theoretical and policy issues relating to the development of human resources. Topics to be covered include: the theory and importance of investment in education and training; measuring the rate of return to education; racial and sexual discrimination; poverty and the distribution of income; analyzing the effectiveness of the American educational system; recent innovations in the organization of education; and issues in the financing of primary, secondary and higher education.| Course ID: | 053361 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Requirement Group: | You must have completed ECON 311 with a grade of "C" or better before taking this class. |
ECON 455 (3.00)
Comparative Economic Systems
A comparative survey of alternative economic systems. Topics include the theoretical foundations of economic systems, analysis of the structure and performance of important national economies, and the economics of transition from planned to market economies.| Course ID: | 053362 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Requirement Group: | You must have completed ECON 311 with a grade of "C" or better before taking this class. |
ECON 457 (3.00)
The Economy of Russia and the Soviet Union
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.| Course ID: | 053363 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Requirement Group: | You must have completed ECON 311 with a grade of "C" or better before taking this class. |
ECON 463 (3.00)
Theory of Public Finance
Economic theory of government finance. Social goals and economic criteria for tax,expenditure, transfer, regulatory, debt and stabilization policy.| Course ID: | 053364 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Requirement Group: | You must have completed ECON 311 with a grade of "C" or better before taking this class. |
ECON 464 (3.00)
State and Local Public Finance
Analysis of state and local government economics. Application of social norms and economic criteria for evaluation of receipts (taxation, borrowing, user charges and transfers), outlays (education, transportation, law and justice, utilities, welfare, fire protection, health and others), and regulation and control (land use, environmental quality, utilities, transportation and others).| Course ID: | 053365 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Requirement Group: | You must have completed ECON 311 with a grade of "C" or better before taking this class. |
ECON 465 (3.00)
The Economics of Discrimination
This course examines economic theories, empirical evidence and economic policies that relate to discrimination in economic life. Discrimination will be examined in a range of economic markets, including labor, education, housing, mortgages, other loans and insurance. Discrimination by government also will be examined. The types of discrimination covered are based on ethnicity, gender, race and religion. However, the focus is on African Americans and women. The course emphasizes critical analysis of empirical evidence and economic models.| Course ID: | 053366 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Requirement Group: | You must have completed ECON 101 or ECON 101H with a grade of "C" or better to take this class. |
ECON 466 (3.00)
Global Aging and the Future of Social Insurance
This course examines the demographic causes for and the multiple social and economic effects of the unprecedented demographic trend of aging in the population of the U.S. and of countries throughout the world. This course prepares students to understand and to join the debates about social insurance programs (e.g. Social Secuirty and Medicare) into the 21st century in the U.S., the developed countries and third world nations. Specific topics include a visualization of the planet at mid-century and beyond, challenges from the unfunded liability of these programs, and the technique of generational accounting. Policy options to address the multifaceted dilemmas will be explored, including an overview of policies being implemented in other developed nations. Finally, personal strategies to address the expected trends are explored. Department Consent required| Course ID: | 052107 | |
| Consent: | Department Consent Required | |
| Components: | Lecture | |
| Same as Offering: | AGNG 454 |
ECON 467 (3.00)
Health Economics
The course deals with the factors underlying the demand and supply of health and medical care services. Included are the market, voluntary nonprofit and governmental sectors of the industry. Special topics are the regional coordination of hospital facilities and programs, the consumer price index, and the measurement of benefits and costs of control programs.| Course ID: | 053367 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Requirement Group: | You must have completed ECON 101 or ECON 101H with a grade of "C" or better to take this class. |
ECON 471 (3.00)
Money and Capital Markets
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 macroeconomy 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.| Course ID: | 053368 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Requirement Group: | You must have taken ECON 374 and ECON 311 and received a grade of "C" or better before taking this class. |
ECON 472 (3.00)
Monetary Theory and Policy
A study of theories of monetary economics from the classical quantity theory to the contemporary monetarist view. Analysis of contemporary theory and empirical evidence on money supply and demand and the impact of money on the economy. Evaluation of monetary policy in a historical-analytical framework.| Course ID: | 053369 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Requirement Group: | You must have completed ECON 312 with a grade of "C" or better before taking this class. |
ECON 474 (3.00)
Cases in Corporate Finance
Economic analysis of the problems of financing modern corporations. A theoretical and applied treatment of asset pricing, capital budgeting, capital structure and the cost of capital, as well as an analysis of specific debt and equity instruments. Students are required to analyze and present cases on a regular basis.| Course ID: | 053371 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Requirement Group: | You must have taken ECON 374 and ECON 311 and received a grade of "C" or better before taking this class. |
ECON 475 (3.00)
Financial Investment Analysis
An examination of financial assets, financial markets and investment portfolio decisions. Stocks, bonds and derivative securities and their risk and return characteristics are examined.| Course ID: | 053372 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Requirement Group: | You must have taken ECON 374 and ECON 311 and received a grade of "C" or better before taking this class. |
ECON 476 (3.00)
Portfolio Analysis and Management
Application of economic analysis to the process of portfolio management, including objectives and risk preferences, portfolio constraints and optimization techniques (such as linear programming), scenario forecasting, asset allocation and individual asset selection.| Course ID: | 053373 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Requirement Group: | You must have taken ECON 374 and ECON 311 and received a grade of "C" or better before taking this class. |
ECON 477 (3.00)
Analysis of Derivative Securities
A survey of the nature of major financial derivative securities, including options, futures and swaps. Study of the theoretical models of derivative securities including the binomial options model and the Black-Scholes model. Evaluation of the role of options in hedging and arbitrage.| Course ID: | 053374 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Requirement Group: | You must have taken ECON 374 and ECON 311 and received a grade of "C" or better before taking this class. |
ECON 478 (3.00)
Real Estate Economics and Finance
This course focuses on the analysis and valuation of residential and commercial property. Topics include the financing or purchase of properties, factors that determine valuation and methods to evaluate investment in projects.| Course ID: | 053375 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Topics: | Real Estate Econ And Fin | |
| Requirement Group: | You must have taken ECON 374 and ECON 311 and received a grade of "C" or better before taking this class. |
ECON 479 (3.00)
Venture Capital and Capital Market Imperfections
Study of asymmetric information makes raising financing in traditional capital markets difficult for some types of firms, and how venture capital overcomes these difficulties. Topics include theoretical models of asymmetric in capital markets, empirical analyses of how venture capitalists structure and monitor their investments, the performance of firms backed by venture capital, and how venture capitalists exit their investments.| Course ID: | 100019 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Requirement Group: | You must take ECON 374 and receive a grade of "C" or better before taking this class. |
ECON 481 (3.00)
International Trade Theory
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.| Course ID: | 053376 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Requirement Group: | You must have completed ECON 311 with a grade of "C" or better before taking this class. |
ECON 481H (3.00)
International Trade Theory
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. Prerequisite: ECON 311.| Course ID: | 100143 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Requirement Group: | You must have completed ECON 311 with a grade of "C" or better before taking this class. |
ECON 482 (3.00)
International Finance
Introduction to international monetary relations. A study of exchange rate determination, balance of payments phenomena and international monetary systems.| Course ID: | 053377 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Requirement Group: | You must have completed ECON 312 with a grade of "C" or better before taking this class. |
ECON 486 (3.00)
Topics in Economic Development
Application of economic analysis to a study of some of the major issues in the economics of development, including project appraisal (cost-benefit analysis), planning, sources of capital, the role of population growth and labor markets, and macroeconomic stabilization. Prerequisite: ECON 311, 312 and 385, or 387.| Course ID: | 053379 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Topics: | Top:Food Pol/Industrlztn, Topics In Economic Devel | |
| Requirement Group: | ECON 311 and ECON 312 and ECON 385 or ECON 387 with a C or better. |
ECON 490 (3.00)
Analytic Methods in Economics
Study of linear algebra, derivatives, differentials and optimization. Each topic is followed by economic applications.| Course ID: | 053382 | |
| Consent: | No Special Consent Required | |
| Components: | Lecture | |
| Requirement Group: | You must have completed ECON 311 with a grade of "C" or better before taking this class. |
ECON 493 (3.00)
Individual Research in Economics
Open to economics majors with 3.2 grade point average or better in economics. Recommended Preparation: At least one 400-level course in the field in which the student proposes the research and the consent of instructor in the relevant field.| Course ID: | 053383 | |
| Consent: | No Special Consent Required | |
| Components: | Research |