Economics
Note: the courses on this page reflect Summer Term 2008 offerings.
Please check back on December 15 for a list of courses available during Summer Term 2009.
College of Arts and Sciences
CAS EC 101 Introductory Microeconomic Analysis
One semester of a standard two-semester sequence for those considering further
work in management or economics. Coverage includes economics of households,
business firms, and markets; consumer behavior and the demand for commodities;
production,
costs,
and the supply of commodities; price determination; competition and monopoly;
efficiency of resource allocation; governmental regulation; income distribution;
and poverty. 4 cr.
Top
CAS EC 102 Introductory Macroeconomic Analysis
One semester of a standard two-semester sequence for those considering further
work in management or economics. National economic performance; the problems
of recession, unemployment, and inflation; money creation; government spending
and taxation; economic policies for full employment and price stability; and
international trade and payments. 4 cr.
Top
CAS EC 201 Intermediate Microeconomic Analysis
Prereq: CAS EC 101 or EC 111. Determination of commodity prices and factor
prices under differing market conditions of competition and monopoly. 4 cr.
Top
CAS EC 202 Intermediate Macroeconomic Analysis
Prereq: CAS EC 102 or EC 112. Determination of aggregate income and employment.
Analysis of fiscal and monetary policy. Inflation and incomes policy. Problems
of the open economy. 4 cr.
Top
CAS EC 305 Economic Statistics
Prereq: CAS EC 101 or EC 111 and EC 102 or EC 112. Introduction to fundamentals
of statistical inference, estimation and tests of hypotheses, regression and
analysis of variance, nonparametric statistics, and applications using automatic
computation programmed packages. 4 cr.
Top
CAS EC 320 Economics of Less-Developed Regions
Prereq: CAS EC 101 or EC 111 and EC 102 or EC 112. Theoretical and
empirical examination of the structural changes associated with the process of
economic
development; special reference to poor regions and countries, rigorous
analysis of criteria for policy judgments in developmental planning and programming.
4 cr.
Top
CAS EC 323 Behavioral Economics
Prereq: CAS EC 201. Introduction
to a new field in economics that challenges the traditional model of rational
decision-making and uses research in psychology
to construct alternative models. Covers the theory of choice under certainty,
uncertainty, and temptation; biases in judgment; social preferences. 4 cr.
Top
CAS EC 332 Market Structure and Economic Performance
Prereq: CAS EC 201, EC 211, or EC 303. Structure of the American economy.
The theory of imperfect competition. Topics include firm concentration and conglomeration,
consumer
ignorance and market failure, and advertising and technological change as part
of market performance. 4 cr.
Top
CAS EC 341 Monetary and Banking Institutions
Prereq: CAS EC 202, EC 212, or EC 304. Survey of commercial and central
banking institutions. Examination of macro relations between financial organizations
and principal
objectives of stabilization policy. 4 cr.
Top
CAS EC 356 Economics of the Labor Market
Prereq: CAS EC 201, EC 211, or EC 303. Application of current theories
of labor supply and demand, wages, education and experience, immigration, labor
efficiency, discrimination, and unemployment. Appraisal of the effects of government
policies on labor markets. 4 cr.
Top
CAS EC 368 Contemporary East Asian Economics
Prereq: CAS EC 101 and EC 102, or EC 111 and EC 112. An introduction to the economics
of Japan, Korea, and Taiwan. Topics include Japanese firms, labor markets,
finance, monetary and fiscal policies, industrial policies, and Taiwanese and
Korean post-1960 economic development. Meets with CAS IR 368. 4 cr.
Top
CAS EC 371 Environmental Economics
Prereq: CAS EC 201, EC 211, or EC 303. Role of economics in environmental
planning. Economic analysis of the causes of pollution and its control through
taxes, the use
of property rights, and standards. Application of cost-benefit models as an
aid in policy decisions affecting the environment. 4 cr.
Top
CAS EC 387 Introduction to Health Economics
Prereq: CAS EC 201, EC 211, or EC 303. Concepts of health economics
applicable to both developed and developing countries. Topics include effect
of health on
the economy,
effect of health care on health, hospital behavior, health work-force supply,
and demand for health care. 4 cr.
Top
CAS EC 391 International Economics I
Prereq: CAS EC 201, EC 211, or EC 303. The pure theory of international
trade. Topics covered include comparative advantage and gains from trade; tariff
and nontariff
barriers
to trade; and case studies in international economic policy. 4 cr.
Top
CAS EC 392 International Economics II: Problems and Policy
Prereq: (CAS EC 202, EC 212, or EC 304) and EC 305. Basic issues of
international finance. Topics include the balance of payments, balance of payment
adjustments,
theories
of
exchange
rate determination,
and case studies in international economic policy. 4 cr.
Top
CAS EC 403 Game Theory
Prereq: CAS MA 121, MA 122, MA 123, MA 124, MA 127, or MA 129,
or consent of instructor. Models of decision-making in which the choices of
different individuals interact: basic equilibrium notions
in normal form games, including signaling games and repeated games. Applications
include auctions, foreign policy, takeover bids, entry deterrence, cooperation
and conflict, financial markets, and public goods. 4 cr.
Top
CAS EC 505 Elementary Mathematical Economics
Prereq: CAS MA 121 or consent of instructor. Stresses the formulation
of economic problems in mathematical terms. Topics covered include partial derivation,
total differentials, constrained maximization, matrix algebra, dynamic analysis,
and discounting. 4 cr.
Courses of Related Interest
Top
