Courses that fulfill
General Education Requirements:
- (A-AR) = Analytical - Abstract Reasoning
- (A-QR) = Analytical - Quantitative
- (D-D) = Diversity - Domestic
- (D-I) = Diversity - International
- (D-L) = Diversity - Language
- (RCH) = Research
- (W) = Wellness
- (WI) = Writing Intensive
- (AY) = Offered in Alternative Year
*ECON 101 INTRODUCTION TO MACROECONOMICS (3 credits)
An introduction to the theory of individual economic behavior, markets and the macroeconomic analysis of institutions. Topics include the theory of the consumer, the theory of the firm, market structures, factor markets, income distribution, market failures and the role of governments in macroeconomic affairs. (A-AR)
*ECON 103 INTRODUCTION TO MICROECONOMICS (3 credits)
An introduction to the theory of individual economic behavior, markets and the microeconomic analysis of institutions. Topics include the theory of the consumer, the theory of the firm, market structures, factor markets, income distribution, market failures and the role of governments in microeconomic affairs. (A-AR)
ECON 204 STATISTICS FOR ECONOMICS (3 credits)
Introduces the student to the basics of Statistics needed in Economics. Includes descriptive statistics, the basics of probability, discrete and continuous probability distribution functions, sampling distributions, confidence intervals, hypothesis testing and regression analysis. Helps students gain familiarity in using some popular and commonly used computer/statistical packages. Also listed as MGMT 204.
ECON 205 MATHEMATICAL FOUNDATIONS FOR ECONOMICS (3 credits)
Knowledge and familiarity with some level of mathematics is now important to the study of Economics. This course focuses on the basic math required to study economics beyond the introductory level. The non-calculus part of the course deals with functions, series and the basics of matrix algebra. The calculus portion of the course covers differentiation, integration and the basics of differential equations. Prerequisites: ECON 100 or taken concurrently.
ECON 301 INTERMEDIATE MACROECONOMICS (3 credits)
An examination of the determinants of national income, employment and the price level. Centers on the construction and use of models of the economy, principally the Classical and Keynesian models of the macro economy. Includes the theory and practice of fiscal policy, central banking, monetary policy and current policy questions, and discusses issues of the longer run growth of the economy. Prerequisites: ECON 100 and ECON 205.
ECON 303 INTERMEDIATE MICROECONOMICS (3 credits)
Deals primarily with the theory of the consumer, the theory of the firm, different market structures, uncertainty, externalities and issues related to public policy and income distribution. Introduces recent developments in microeconomic theorizing. Prerequisites: ECON 100 and ECON 205.
ECON 305 ECONOMETRICS (3 credits)
Introduces the basics of econometric analysis. Topics include regression analysis, muticollinearity, heteroskedacity and autocorrelation. Emphasizes the applied aspects of econometrics through the use of standard computer packages. Prerequisites: ECON 100 and ECON 204.
ECON 306 APPLIED ECONOMETRICS (3 credits)
A hands-on, projects-based course on applying econometric techniques to undertake empirical analysis. The course will focus on mining and organizing data, and using R and STATA to undertake analysis. Prerequisite: ECON 305.
ECON 308 QUANTITATIVE INTERMEDIATE MACROECONOMICS (4 credits)
A calculus-based, mathematical approach to the theoretical and empirical examination of the determinants of national income, employment and the price level. Includes the theory and practice of economic growth, fiscal policy, central banking and monetary policy. Introduces the student to the frontiers of current macro-economic. Prerequisite: ECON 101, 103 and 205.
ECON 309 QUANTITATIVE INTERMEDIATE MICROECONOMICS (4 credits)
A calculus-based, mathematical approach to microeconomics. Deals primarily with the theory of the consumer, the theory of the firm, different market structures, uncertainty, externalities and issues related to public policy and income distribution. Introduces recent developments in microeconomic theorizing. Prerequisites: ECON 101, ECON 103 and ECON 205.
ECON 310 HISTORY OF ECONOMIC THOUGHT (3 credits)
Examines economic ideas from the Mercantilists (16th century) to the early development of the Neo-Classical School (late 19th and early 20th centuries). Emphasizes issues related to the development of economic thought in the areas of value, distribution and international trade. Prerequisites: ECON 100.
ECON 313 GAME THEORY (3 credits)
Introduces the field of game theory and develops some basic concepts, useful in understanding strategic interactions. Presents concepts in cooperative and non-cooperative game theory. Examples from different fields in the social sciences introduce concepts used in game theory. Prerequisite: ECON 100. (AY)
ECON 341 LABOR ECONOMICS (3 credits)
An examination of labor, both in the formal labor market, and more generally as human productive activity. Topics include the theories of wage determination, the development and impact of trade unions, and analysis of major legal and economic issues relating to the structure and functioning of labor markets. Special attention to issues of equity, relationship and discrimination in formal labor markets and the household. Prerequisites: ECON 100. Also listed as MGMT 341.
ECON 342 ECONOMIC DEVELOPMENT (3 credits)
Through a combination of theoretical frameworks and case studies, presents an overview of the economics of underdeveloped economies. Topics include approaches to and theories of underdevelopment, issues related to growth and redistribution, the rural and agricultural sector, migration and the urban sector, trade, population, the environment and issues related to governance. Prerequisites: ECON 100. (AY)
ECON 343 ECONOMICS OF THE ENVIRONMENT (3 credits)
An examination of the role that economic analysis plays in understanding the environment and the policy frameworks that economics offers in the area of environmental regulation. Topics include an analysis of market failures, the cost-benefit framework and strategies related to environmental policy. A number of applications related to domestic and international environmental issues discussed. Prerequisite: ECON 100. Also listed as ENST 343. (AY)
ECON 344 PUBLIC FINANCE AND ECONOMICS OF THE STATE (3 credits)
Examines the role of the state in the context of developed economies. Typically examines the role of government taxation, the provision of public goods and the regulation of externalities. Also looks more broadly at the way that the state creates a context for the market and strives to promote the general welfare. Emphasis placed on specific government policies such as welfare reform, social security policy or environmental policy. Prerequisite: ECON 100.
*ECON 345 URBAN POLITICAL ECONOMY (3 credits)
A look at the political and economic processes that shape the uses of urban space. Attention to the rise of suburbanization in the United States and the problems of urban poverty, race and class segregation associated with it. Examines historical analysis and issues relating to the "revitalization" of older urban centers. Prerequisite: ECON 100. Also listed as PAGS 345. (D-D)
ECON 346 BEHAVIORAL ECONOMICS (3 credits)
This course examines how behavioral economics studies effect decision making within different contexts. Decision making will be studied at the individual, organizational and policy levels. A significant portion of the course will be devoted to studying how decision making from a behavioral economics perspective contrasts with the traditional approach. Topics will include methodology, uncertainty and prospect theory. Also listed as MGMT 346. Prerequisite: ECON 100.
ECON 347 MARXISM (3 credits)
An examination of Marxist intellectual traditions with heavy emphasis on the writings of Marx. Examines Marx's critique of capitalism and alienation in his early writing to his more formal analysis of capitalism in his work Capital. Looks at how later Marxists and critics of capitalism have used, criticized and reworked elements of the Marxian analysis to continue developing contemporary conceptions of a non-capitalist or classless society. Prerequisite: ECON 100. Also listed as PHIL 347. (AY)
ECON 348 INTERNATIONAL TRADE (3 credits)
Through a combination of theoretical frameworks and real world applications, attempts to develop a broad understanding of micro and macro issues in the area of international economics. Deals with issues related to the logic and critique of free trade, tariffs and quotas, exchange rate determination, balance of payments, open economy macro policy, stabilization policy and the role of international institutions in international trade. Prerequisites: ECON 100. Also listed as MGMT 348 and INST 348. (AY)
ECON 349 ECONOMICS OF INEQUALITY (3 credits)
An examination of who gets what and why in market societies. Students will focus on the trends and forces shaping the distribution of income and opportunity in market societies and policies and movements to redistribute income. As such this course addresses the relationship between the private market and the welfare state in the context of debates over the meaning of fairness in economic life. Prerequisites: ECON 100.
ECON 350 POLITICAL ECONOMY IN CHINA AND INDIA (3 credits)
This course will focus on two aspects of the political economy of China and India. First, it will undertake a comparative examination of the economic performance of these countries since the 1940s, taking into account important historical and political factors. Second, it will look into what the future may hold for these two countries. Prerequisite: ECON 100 or consent of instructor. Also listed as CHIN 350 and INST 350.
ECON 351 HEALTH ECONOMICS (3 credits)
An examination of the role that economic analysis plays in understanding the health care system and the policy frameworks that economics offers in the area of health care policy. Topics include an analysis of the challenges faced in the market for health care (e.g., problems related to information and uncertainty), health insurance, and health care costs. Comparisons between different international ways of structuring health care systems and their results will be examined as well. Prerequisite: ECON 100.
ECON 481 INTERNSHIPS, FIELD STUDIES AND OTHER FIELD EXPERIENCES (1-3 credits)
ECON 484 FORD/KNIGHT RESEARCH PROJECT (1-4 credits)
Collaborative research with faculty funded by the Ford/Knight Program.
ECON 485 INDEPENDENT STUDY (1-3 credits)
Investigation of a specific topic conceived and planned by the student in consultation with a faculty supervisor. Culminates in a comprehensive report prepared in the style of a thesis or paper.
ECON 488 SENIOR CAPSTONE (3 credits)
Students demonstrate their ability to research a topic based on their preparatory work in ECON 486. Thesis paper and public presentation required at the end of the semester. To be completed in the Spring semester of the Senior year. Prerequisites: ECON 486.