| ECON 101 |
| Basic Economic Principles |
| An introduction to modern economic analysis. A study of the principles of production and exchange, the distribution of income, money and banking, and national income analysis. Required of all majors in economics and recommended for all students planning business, legal, or public service careers.
Note: Students are reminded that a grade of C+ or better is required in Economics 101 (or B- if the course is retaken) in order to major in economics. Concurrent enrollment in Economics 101 and either Economics 301 or Economics 302 is not allowed. |
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1.00 units, Lecture
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| ECON 103 |
| Fundamentals of Accounting |
A review of accounting concepts and procedures, with particular emphasis on the reasoning behind methods of measuring and recording such items as depreciation and revenues. The implications of accounting theory and practice for the measurement of income and financial positions are investigated.
Senior economics and coordinate majors have first choice for enrollment, then junior economics and coordinate majors, then sophomores. Senior and junior non-majors need permission of instructor. |
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1.00 units, Lecture
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| ECON 201 |
| Contemporary Economic Issues |
This course will provide students with the analytical skills necessary and utilize basic theories of economics to expose the student to a number socio-economic issues and policies that we face today. Issues such as globalization, global warming, health care, crime, poverty, taxation, economics of discrimination, minimum wage, rent control, immigration, stock market and business cycles, and economics of terrorism will be discussed and analyzed. The objective is for the student to see how economics can be used to better understand the world around us. The emphasis is on applying the basic principles of economics to contemporary socio-economic issues in order to understand the application of economics in real life.
Prerequisite: C- or better in Economics 101. |
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1.00 units, Lecture
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| ECON 202 |
| Contemporary Macroeconomic Issues |
Is all well with modern macroeconomics? Recent events have raised many questions for macroeconomists about the way the economy works and the design of macroeconomic policy. This course examines a variety of contemporary macroeconomic issues from competing theoretical perspectives. Topics include: spending versus thrift and macroeconomic performance; the role of fiscal policy in a recession; the short and long term consequences of bailouts; and the role of money and finance in the economy.
Prerequisite: C- or better in Economics 101. |
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1.00 units, Lecture
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| ECON 203 |
| A History of Macroeconomic Crises |
This course provides an historical perspective on financial crises, including the most recent global crisis, Japan and Sweden’s post-real estate bubble experiences in the 1990’s, The Asian currency crises, the S&L crisis in the 1980’s, the oil crisis of the 1970’s, the Great Depression, and earlier episodes. In particular, we will focus on commonalities between the events in both their causes, and the nature of the aftermath, including issues of debt and asset prices, and the various policy responses. Supplemental reading materials will include Kindleberger’s “Manias, Panics, and Crashes: A History of Financial Crises”, Reinhart and Rogoff’s “This Time is Different: Eight Centuries of Financial Folly”, Shiller’s “Irrational Exuberance”, and Koo’s “The Holy Grail of Macroeconomics: Lessons from Japan’s Great Recession.”
Prerequisite: C- or better in Economics 101. |
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1.00 units, Lecture
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| ECON 207 |
| Alternative Economic Systems |
The revolutionary events of 1989 in Eastern Europe and the collapse of the Soviet Union in 1991 led many observers to argue that socialism had failed as an economic system. These observers noted, however, that the failure of "real" socialism did not mean the end of economic debate. Rather, it re-focused the debate from socialism versus capitalism to alternative forms of capitalism. The central question thus became: do competing, viable models of capitalism exist, and, if so, what are the vision and corresponding institutions associated with each? This question is especially important today given the current challenges facing most capitalist economies. This course introduces students to alternative models of the macro-economy that exist, to varying degrees, in North America and Western Europe.
Prerequisite: C- or better in Economics 101. |
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1.00 units, Lecture
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| ECON 208 |
| Asian Economics |
Endowed with a huge population, few resources, and a recent history marked by recurrent wars and great social disorder, Pacific Asia scarcely seemed a promising setting for prosperity and modernization at the end of the last century or at the beginning of this century. However, led by Japan since the Meiji Restoration, economies in Pacific Asia have become the most dynamic in the world. As the economy of the United States has become increasingly linked to the markets and production zones of Pacific Asia, it is vitally important to have an understanding of why Pacific Asian economies have been growing so fast and what their impact is on the rest of the world. Main topics in this course include the evaluation of East Asia's economic performance in terms of total factor productivity and the debate on whether the East Asian miracle is true or not, the role of a market in allocating resources in these economies, their experience in using government intervention to correct market failures, China's effort to reform its central planning system, and its impact on the region and the world. Japan's competitiveness and its potential in the future, the emerging pattern of division of labor within this region as a whole, and its interaction with the rest of the world will be addressed as well.
Prerequisite: C- or better in Economics 101. |
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1.00 units, Lecture
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| ECON 209 |
| Urban Economics |
Economic analysis of urban areas in the regional setting; the study of location theory, land use and housing markets, and of current public policy issues pertaining to urban problems including urban poverty, the economics of race and metropolitan areas, urban transportation, and local public finance. The resource allocation process will be emphasized.
Prerequisite: C- or better in Economics 101. |
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1.00 units, Lecture
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| ECON 210 |
| Contemporary Micro Issues |
This course will study the contemporary micro issues using the tools of micro economic analysis. The course will examine important economic and social policy issues in the U.S., the role of government in designing economic policy and its impact on individuals. Topics include: investment in human capital; education, earnings and the job market discrimination; income inequality, poverty and social security; health and risky behaviors, heath care provision and the impact of insurance; environment and the problem of pollution.
Prerequisite: C- or better in Economics 101. |
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1.00 units, Lecture
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| ECON 214 |
| Business and Entrepreneurial History |
The evolution of business structures and practices, primarily in the American experience. Changes in such aspects of management, finance, marketing, and information are considered. Special attention is given to the role of entrepreneurs and conditions which may have influenced their creative efforts. Both an analytical approach and case studies are employed.
Prerequisite: C- or better in Economics 101. |
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1.00 units, Lecture
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| ECON 216 |
| Globalization, Rivalry, and Coordination |
This course emphasizes the study of forces driving the observed trends in regional and global integration. Students will examine whether the world-wide division of labor can be explained by comparative advantage or by increasing returns to scale and externalities. Students will then examine the impact of integration on three growing world markets: commodities, capital, and labor. They will also delve into the role these markets play in generating frictions among nations. The course concludes with an examination of the role of a world trade organization, world financial system, and world foreign exchange system in facilitating the globalization process. Lessons will be drawn from history, particularly the collapse of the Bretton Woods System.
Prerequisite: C- or better in Economics 101. |
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1.00 units, Lecture
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| ECON 217 |
| Economics of Health and Health Care |
This course is designed to provide an overview of key issues in the economics of health and health care using principles of economics, with an emphasis throughout on real-world problems. Topics to be studied will include: health care market structures; determinants of the demand for and supply of health care; the interrelationships between insurance, supply, demand, and technological innovation; proposed health policy reforms in insurance markets, medical malpractice, and other areas; and the analysis of public policies on unhealthy consumer behaviors (smoking, drinking, drugs).
Prerequisite: C- or better in Economics 101. |
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1.00 units, Lecture
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| ECON 219 |
| European Sovereign Debt Crisis |
The current European sovereign debt crisis is an ongoing financial crisis. This course will examine the causes of the European debt crisis, its evolution, and possible consequences and will evaluate the effectiveness of current economic policies and proposed long term solutions. Finally, it will address whether the current crisis will lead to the breakup of the Eurozone and the demise of the single currency. As a backdrop to this discussion, the major treaties establishing the European Union and the European Monetary Union, as well as their major institutions will be evaluated.
Prerequisite: C- or better in Economics 101. |
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1.00 units, Lecture
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| ECON 231 |
| Latin American and Caribbean Economic Development |
This course examines and evaluates the major theories and leading issues in the study of economic growth and development in Latin America and the Caribbean during the 20th century. It focuses on the region's economic and historical links to industrialized nations as a key element in understanding the nature and direction of its economic growth and development. Topics include: theories of development; rural development and migration; state-led industrialization and structural transformation under import-substitution industrialization (ISI); debt, stabilization, and adjustment policies; neoliberal policies such as privatization and the deregulation of financial and labor markets; and trade liberalization, particularly the proliferation of preferential trading arrangements such as the North American Free Trade Agreement (NAFTA), the Southern Cone Common Market (MERCOSUR), the Caribbean Common Market (CARICOM), the Lome Convention, and the Central American Common Market (CACM).
Prerequisite: C- or better in Economics 101. |
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1.00 units, Lecture
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| ECON 243 |
| Financial Markets Institutions |
The purpose of the course is to provide a basic understanding of the role of financial institutions (intermediaries) and financial markets in facilitating the flow of funds between those who supply funds and those who demand funds. Topics include the role of banks, other financial institutions, and financial markets in this process. Special attention is also given to the European Monetary Union and other aspects of the international financial system.
Prerequisite: C- or better in Economics 101. |
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1.00 units, Lecture
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| ECON 245 |
| Regimes of Accumulation and Macroeconomic Regulation |
This course addresses the historical development of capitalism emphasizing, in the process, the radical transformations that capitalist economies have undergone in the course of their growth and development. Particular emphasis will be placed on the rise and decline of the Golden Age (1945-1973), the accompanying comparative macroeconomic performance of advanced capitalist economies over the past 50 or so years, and the prospects for future growth and development in the capitalist economies of Asia, Europe, and North America.
Prerequisite: C- or better in Economics 101. |
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1.00 units, Lecture
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| ECON 247 |
| Introduction to Policy Analysis |
This course will introduce students to the basic ingredients of policy analysis rooted in the microeconomics of externalities (social, economic, and political), public goods, common property, information failure, absence of competition, and distributional concern. This course is not open to students who have previously earned credit for Economics 306 or Economics 311.
Prerequisite: C- or better in Economics 101. |
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1.00 units, Lecture
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| ECON 248 |
| Current Issues in the Global Economy |
This course examines the multiple dimensions of economic globalization that are bringing about the ever-closer integration of national economies into one global world economy, and the accompanying fissures and conflicts that globalization has given rise to. Guided by modern economic theory, it will introduce students to multiple perspectives on the most prominent debates in the contemporary global and domestic economic arenas. We will analyze the dynamics of the world of global finance, the sources and consequences of the current financial crisis, the controversy surrounding free trade and labor rights, outsourcing, and finally, international migration. Within this context, we will pay special attention to key factors such as hedge funds, institutional investors, multinational corporations, and labor unions, and to the ways in which the dynamics of the global economy affect developed countries vs. emerging markets.
Prerequisite: C- or better in Economics 101. |
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1.00 units, Lecture
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| ECON 249 |
| The Political Economy of Western Civilization |
This course presents the political and economic development of the market economy and commercial society in Western Civilization over the last 400 years. Its focus is on the classical liberal ideas that influenced the historical-institutional evolution from a society of status and class to one of contract and market association. The socialist and nationalist critiques of classical liberal society are evaluated in the context of the actual historical developments in Western society, and the reality of collectivist central planning in practice during the 20th century. Finally, the revival of market liberalism is evaluated in the context of the new global economy of the 21st century.
Prerequisite: C- or better in Economics 101. |
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1.00 units, Lecture
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| ECON 299 |
| Independent Study |
Submission of the special registration form, available in the Registrar's Office, and the approval of the instructor and chairperson are required for enrollment.
Prerequisite: C- or better in Economics 101. |
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1.00 units min / 2.00 units max, Independent Study
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| ECON 301 |
| Microeconomic Theory |
A study of the determination of the prices of goods and productive factors in a market economy and the role of prices in the allocation of resources. Required of all majors in economics.
Note: Students are reminded that a grade of C+ or better is required in Economics 301 (or B- if the course is retaken) in order to major in economics.
Prerequisite: A grade of C+ or better in Economics 101. In addition C- or better in one 200 level economics course or sophomore or higher class standing. Concurrent enrollment in Economics 301 and either Economics 101 or Economics 302 is not allowed. |
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1.00 units, Lecture
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| ECON 302 |
| Macroeconomic Theory |
An analysis of aggregate income, output, and employment, which includes the following topics: national economic accounts; theories of consumption; investment and money; Keynesian and Classical models; the monetary-fiscal debate; inflation, unemployment and growth. Required of all majors in economics.
Note: Students are reminded that a grade of C+ or better is required in Economics 302 (or B- if the course is retaken) in order to major in economics.
Prerequisite: A grade of C+ or better in Economics 101. In addition C-or better in one 200 level economics course or sophomore or higher class standing. Concurrent enrollment in Economics 302 and either Economics 101 or Economics 301 is not allowed. |
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1.00 units, Lecture
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| ECON 303 |
| Labor Economics |
An examination of a number of important issues in modern labor economics. Topics include (but are not limited to): the determinants of labor supply, with special emphasis on the growth of women's labor supply during the last century; the demand for labor and the determination of wages; discrimination in labor markets.
Prerequisite: C+ or better in Economics 101 and 301. |
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1.00 units, Lecture
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| ECON 304 |
| The Causes of and Best Responses to Recessions |
This course will examine the characteristics of past US and international recessions including common precipitating factors (including debt, trade deficits, and large run-ups in asset prices) and the effect on unemployment, production, investment, savings, and inflation. The inquiry will focus heavily on data. Monetary and fiscal policy responses to recessions and their effectiveness will be a core issue. Theoretical concepts such as the Phillips and Beveridge curves, and the natural rate hypothesis will be applied. The course will close with an overview of various schools of thought on the nature of the business cycle, and the optimal policy reaction including: Monetarist, Keynesian, Austrian, Minskyian/Post-Keynesian, and real business cycle theory, the structural slumps work of Phelps, and Koo’s balance sheet recession view.
Prerequisite: C+ or better in Economics 302 |
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1.00 units, Lecture
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| ECON 305 |
| Urban Economics |
The world's population is becoming increasingly urbanized, a trend which creates economic opportunities and challenges for individuals, businesses, and governments. This course will introduce students to economic models that explain why cities form, why commercial and residential land use patterns look the way they do, and how economic reasoning can inform policies addressed at urban problems, such as traffic congestion, housing affordability, crime, and homelessness. In addition, we will study how public policies such as zoning and the provision of mass transit can help remedy market failures in the urban setting. The supply and demand model and the economic theories of the consumer and the firm will be the main tools of analysis, as will ideas from public economics such as externalities and public goods.
Prerequisite: C+ or better in Economics 301. |
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1.00 units, Lecture
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| ECON 306 |
| Public Finance: Economics of the Public Sector |
An examination of the role of tax and public expenditure policies as they influence the allocation and distribution of resources, and on the role of market imperfections as rationales for government policies. Emphasis is on the effects of taxation and public spending on consumer and producer choices.
Prerequisite: C+ or better in Economics 101 and 301. |
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1.00 units, Lecture
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| ECON 307 |
| Health Economics |
This course will study the characteristics of the U.S. health care system and the functioning of the health care market using the tools of microeconomic theory. The aim of the course will be to discuss specific topics in the economics of health, including: the analysis of the causes of health-related behaviors such as obesity and substance abuse; the characteristics of the health care industry and how it is affected by insurance and medical technology; and the impact of government policies on health related behaviors and the provision of medical care. The role of preventive measures and the efficient use of limited healthcare resources will be examined in light of the recent health care reform and in light of their broader implications for public policy.
Prerequisite: C+ or better in Economics 301. |
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1.00 units, Lecture
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| ECON 308 |
| Industrial Organization and Public Policy |
The course is divided into two parts. The first part consists of an examination of the structure of American industry including a critical analysis of the empirical evidence underlying the extent of competition, oligopoly, and monopoly within the United States. Comparisons are made with other industrialized nations and a number of specific industries are examined in detail. The second part of the course consists of an examination of public policy toward monopoly with specific emphasis on regulation and antitrust policies.
Prerequisite: C+ or better in Economics 101 and 301. (Calculus recommended, but not required) |
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1.00 units, Lecture
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| ECON 309 |
| Corporate Finance |
Valuation, the development of the modern theory of finance; efficient market hypothesis; portfolio theory; capital budgeting; cost of capital; corporate securities; the securities markets; and other selected topics in finance.
Prerequisite: C+ or better in Economics 101 and either Economics 301 or Economics 302. Math 107 (207 beginning with the class of 2015) is strongly recommended and Economics 103 is recommended. |
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1.00 units, Lecture
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| ECON 310 |
| Money and Banking |
An analysis of monetary theory, institutions and policy including the nature, role and significance of money, financial markets and institutions, commercial banking and the money supply process, the Federal Reserve System, and the formulation and implementation of monetary policy, monetary theory, and related policy issues.
Prerequisite: C+ or better in Economics 301 and 302. |
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1.00 units, Lecture
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| ECON 311 |
| Environmental Economics |
An examination of the relationship between economic growth and the quality of the environment; the economic theory necessary for understanding environmental problems; analysis of proposed means, such as effluent charges, for correcting these problems; the application of cost-benefit analysis to selected environmental issues.
Prerequisite: C+ or better in Economics 101 and 301. |
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1.00 units, Lecture
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| ECON 312 |
| Mathematical Economics |
This course is designed to introduce students to the application of mathematical concepts and techniques to economic problems and economic theory.
Prerequisite: C+ or better in Economics 301, Economics 302, and a C- or better in Mathematics 126 or Mathematics 131. |
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1.00 units, Lecture
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| ECON 314 |
| Cost-Benefit Analysis |
This unit will provide participants with an introduction to the theory and practice of cost-benefit analysis (CBA). The conceptual basis of discounting and the valuation of benefits and costs will be reviewed, highlighting the links to basic economic theory. The principles of CBA will be illustrated through the analysis of contemporary cases from areas such as environmental management, health economics, government regulation, and infrastructure development. The emphasis will be on providing participants with a simple but robust analytical framework that can be applied to the evaluation of a wide range of public policy issues and private projects.
Prerequisite: C+ or better in Economics 101 and 301. |
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1.00 units, Lecture
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| ECON 315 |
| Theories of International Trade |
An examination of the major theories of international trade, beginning with the classical and neoclassical models of international trade and concluding with a survey of the various alternative models of international trade developed over the past three decades. An analysis of commercial policy, preferential trading agreements and other contemporary policy issues in the international economy will be included.
Prerequisite: C+ or better in Economics 101 and 301. |
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1.00 units, Lecture
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| ECON 316 |
| International Finance |
This course examines the major theoretical and policy issues faced by business firms, the government, and individual investors in their international financial transactions. Topics include the following: basic theories of the balance of payments, exchange rates, and the balance of trade; interest rates and interest parity; alternative exchange rate systems; and recent developments in the international money markets.
Prerequisite: C+ or better in Economics 101 and Economics 302. |
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1.00 units, Lecture
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| ECON 317 |
| Development Economics |
Various hypotheses on the persistence of underdevelopment observed in most developing economies will be examined. Then the successes of some developing economies in their modernization will be discussed. Attention will also be given to such important issues as industrialization, demographic change and urbanization, growth in income and its distribution, international trade and finance, development strategies, the government role in promoting development, and the impact of foreign aid.
Prerequisite: C+ or better in Economics 302 and a C- or better in one 200-level Economics course or other Social Science course that deals with developing nations. Economics 301 is strongly recommended. |
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1.00 units, Lecture
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| ECON 318 |
| Basic Econometrics |
The formulation and estimation of models; topics include a review of basic concepts and results of statistical inference, single equation regression model, functional forms, problems of estimation, and simultaneous equation models. The computer will be used but no experience is necessary.
Prerequisite: C+ or better in Economics 101 and a C- or better in Mathematics 107 (207 beginning with the class of 2015) or Mathematics 306. |
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1.00 units, Lecture
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| ECON 320 |
| Contemporary Issues in Macro Theory |
This course consists of three main sections: depressions and slumps; hyperinflation and currency crises; successes and failures in transforming Eastern Europe and Asia. Each of these sections will introduce case studies, explore theory, investigate potential causes and consequences, and discuss the related aspects of macroeconomic policy. Economic theory and empirical observation generally suggest that while economies are predisposed to short-run fluctuations, they tend to return to some “normal” state over time. Experience, however, suggests that there are important exceptions, such as prolonged periods of negative growth, or bouts of hyperinflation. The existence of such economic pathologies raises some obvious questions: Are they the result of unusually large adverse shocks, improper policies, a dysfunction of the correction mechanism that usually leads the economy back to its normal state, or something else? Are there policies that have been identified as effective in preventing or softening the adverse effects of such pathologies?
Prerequisite: C+ or better in Economics 101 and Economics 302. |
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1.00 units, Lecture
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| ECON 321 |
| American Economic History |
A survey of the growth of the American economy from pre-Columbian times to the present. Special attention will be given to the issues of economic growth, industrial development, the economy of the antebellum South, transportation and commerce, the rise of cities, and the impact of major wars on the economy.
Prerequisite: C- or better in Economics 101. |
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1.00 units, Lecture
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| ECON 322 |
| Cities and Comparative Economic Development |
We will examine the economy of cities through the theoretical lens of institutional economics. From our exploration of various cities, we will gain an understanding of the specific institutional mechanisms for growth within an urban setting and an appreciation for the city as an important agent of economic and cultural development.
The first section presents a theoretical overview of institutional economics, including the ideas of cumulative causation and a discussion of the nature of cities and the relationship between cities and economic development. This general framework creates the base on which we will build our case studies. The second section begins by exploring the case study of Renaissance Florence. One of the central concerns will be the role that capitalist institutions played in the economic development and growth dynamic of the early modern Florentine economy. Our investigation will then turn to Amsterdam, London, and eventually Hartford. The final section of the course will ask students to present their own analysis of the development of Hartford in which they apply and synthesize the ideas of the first two sections of the course in order to reach their own evaluation and conclusions.
Prerequisite: C+ or better in Economics 101 and Economics 302. |
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1.00 units, Lecture
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| ECON 322 |
| Cities and Comparative Economic Development:The Case Study of Renaissance Florence |
We will examine the building of Renaissance Florence through the theoretical lens of institutional economics. From our exploration of the city over a 200 year period, we will gain an understanding of the general economic setting and the specific institutional mechanisms for growth which made the renaissance in building, sculpture and painting possible. We will gain an appreciation for the city as an important agent of economic and cultural development. The course is divided into three sections; a theoretical overview of institutional economics; a case study of Renaissance Florence: and a concluding synthesis that asks students to present their own analysis of Renaissance Florence.
Prerequisite: C+ or better in Economics 101 and Economics 302. |
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1.00 units, Lecture
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| ECON 323 |
| Theories of Economic Growth |
Rates of economic growth vary considerably over time, and between countries over time. This course examines models of economic growth in the light of these "stylized facts." Topics include the Harrod model, traditional neoclassical growth theory, Post-Keynesian growth theory, and "endogenous" growth theory.
Prerequisite: C+ or better in Economics 301 and 302. |
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1.00 units, Lecture
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| ECON 325 |
| Advanced Topics in Comparative Economics |
This course explores the institutional arrangements and philosophical principles that accompany alternative and diverse forms of capitalism. One of the central questions we will consider is: do competing, viable models of capitalism exist, and, if so, what are the vision and corresponding institutions associated with each? This question is especially important today given the current challenges facing most capitalist economies.
Prerequisite: C+ or better in Economics 101 and Economics 302. Economics 301 recommended. |
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1.00 units, Lecture
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| ECON 328 |
| Applied Econometrics: Time-Series Analysis |
This course deals with econometric methods and problems that arise when data consists of observations on one or several variables over time. Topics include: autocorrelation, distributed lag and autoregressive models, ARIMA models, co-integration, and vector autoregressive correction models.
Prerequisite: C+ or better in Economics 302 and a C- or better in Economics 318 . |
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1.00 units, Lecture
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| ECON 328 |
| Topics in Applied Econometrics |
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No Course Description Available.
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1.00 units, Lecture
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| ECON 328 |
| Applied Econometrics: Micro-econometrics |
Application and extensions of basic econometric tools. Topics include analysis of panel data, maximum likelihood estimation, analysis of discrete and limited response data, analysis of count data, sample selection, and duration of models.
Prerequisite: C- or better in Economics 318. |
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1.00 units, Lecture
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| ECON 328 |
| Applied Econometrics |
Applications and extensions of basic econometric tools. Topics include maximum likelihood estimation, analysis of limited and discrete response data, panel data, sample selection and duration models.
Prerequisite: C- or better in Economics 318. |
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1.00 units, Lecture
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| ECON 329 |
| Applied Macroeconomics |
This course is designed to extend and develop students' understanding of macroeconomics beyond the intermediate (Economics 302) level. Discussion will focus on current macroeconomic events and issues in macroeconomic policy, and will proceed through the development of macroeconomic models, discussion of their results and policy implications and scrutiny of the empirical evidence presented in their defense. Questions addressed will include: Why is unemployment so much higher in Europe than in the United States? Was a decline in the Non-Accelerating Inflation Rate of Unemployment (NAIRU) responsible for the reductions in unemployment and inflation witnessed during the late 1990s? Does household indebtedness pose problems for future economic recovery? Why did productivity growth accelerate during the 1990s? How is monetary policy conducted and how does it affect macroeconomic outcomes?
Prerequisite: C+ or better in Economics 301 and 302, and a C- or better or concurrent enrollment in Economics318. |
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1.00 units, Lecture
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| ECON 330 |
| Public Choice |
This course examines the application of economic theory to political science. Topics covered will include voting models, Arrow's impossibility theorem, elections, collective action, rent seeking and special interest groups, the social contract, and distributive justice.
Prerequisite: C+ or better in Economics 301. |
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1.00 units, Lecture
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| ECON 331 |
| Economics of Nobel Laureates |
This seminar will analyze the work and impact on economics of a subset of those economists honored by the Nobel Prize Committee for their contributions to economic science. The course will highlight the work of Keynes (a non-laureate) and then laureates in monetary-macroeconomics (including M. Friedman, J. Tobin, R. Mundell, and R. Lucas) and laureates in institutional economics and the economics of information (including F. Hayek, J. Buchanan, R. Coase, V. Smith, G. Akerloff, R. Fogel, and D. North).
Prerequisite: Students must pass Economics 301 and 302 with a grade of C+ or better. Open to senior economics majors only. |
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1.00 units, Seminar
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| ECON 331 |
| Topics in Urban Economics |
Students will explore selected topics in Urban Economics such as crime, education, social contagion, housing, etc.
Prerequisite: Students must pass Economics 301 and 302 with a grade of C+ or better. Open to senior economics majors only. |
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1.00 units, Seminar
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| ECON 331 |
| Regulation of Financial Markets and Intermediaries |
This course develops a critical examination of public policy toward capital (financial) markets and intermediaries. The economic rationale for regulation (primarily externalities) is contrasted with the rationale for deregulation (unfettered competitive markets). The theoretical exposition is applied in detail to the money and capital markets, both primary and secondary, as well as to the major financial intermediaries that are the primary participants in these markets, that is, to deposit type institutions, brokerage and investment banking concerns, insurance companies, and pension funds. Part of this course will be devoted to comparative regulation in the context of global financial markets.
Prerequisite: Students must pass Economics 301 and 302 with a grade of C+ or better. Open to senior economics majors only. |
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1.00 units, Seminar
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| ECON 331 |
| Issues in International Trade and Finance |
This seminar examines important and recent developments in international economics. Topics include strategic trade policy and market structure; the economics of trading blocs such as the EU and NAFTA; the economic consequences of continued U.S. external deficits; globalization and inequity; exchange rates, interest rates, and volatility; speculative capital flows and exchange rate policies; and financial crises and the prospects for the EMU.
Prerequisite: Students must pass Economics 301 and 302 with a grade of C+ or better. Open to senior economics majors only. |
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1.00 units, Seminar
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| ECON 331 |
| Post-Keynesian Economics |
The Post-Keynesian approach represents a tradition in current economic debate distinct from neoclassical economics and even "mainstream" Keynesianism. Taking its lead from Keynes' General Theory, the methodological foundations of Post Keynesianism are concerned with the ability of economies to adjust towards equilibria over time, and the concept of uncertainty. As well as surveying these issues, this course will examine selected topics from the Post-Keynesian research agenda such as the formation of prices, the endogeneity of the money supply, the nature of capital in industrial production, the distribution of income and the dynamics of inflation.
Prerequisite: Students must pass Economics 301 and 302 with a grade of C+ or better. Open to senior economics majors only. |
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1.00 units, Seminar
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| ECON 331 |
| Issues in Environmental and Energy Economics |
The economic analysis of selected environmental and energy issues such as current air pollution control policies and water pollution control policies, recycling strategies, conservation, the development of new energy sources, such as solar energy and wind power, and the environmental consequences of different energy types. Each student will be required to write a major research paper on an approved topic and to present the major findings of that paper in a seminar. Students will also be required to read and generally acquaint themselves with all the topics being studied in the seminar.
Prerequisite: Students must pass Economics 301 and 302 with a grade of C+ or better. Open to senior economics majors only. |
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1.00 units, Seminar
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| ECON 331 |
| Institutional Innovation and Economic Development: The Case of Modern China |
Students will have opportunities in this course to strengthen their skill and sensitivity in applying economic analysis and research methods to contemporary economic policy issues through this case study. We choose China as the subject, both because of its importance in the world economy and the theoretical challenge it poses through its unorthodox path to reform its economic system. Focus will be on the evaluation of the gradualist approach versus the "big bang" approach, externality of the state sector and the emerging private sector, the partial privatization of its farming sector, the puzzle of the township and village enterprises and its hidden problems such as economic development and democracy and urbanization in the presence of population pressure.
Prerequisite: Students must pass Economics 301 and 302 with a grade of C+ or better. Open to senior economics majors only. |
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1.00 units, Seminar
|
| ECON 331 |
| Economics of Regulation |
This seminar will study the economic criteria of public regulation of private business with emphasis on the problems of public policy. We will explore the various theories of regulation with particular emphasis on the economic theory of regulation developed by the late Nobel Laureate George Stigler. Each class will introduce the theory behind a particular regulation and discuss results of the policy. Regulations are typically justified by theories of market failure such as asymmetrical information, principal-agent problems, externalities, or lack of perfect competition. We will examine whether regulation is likely to solve the problem and examine potential costs and benefits of the policies. We will discuss regulation of various markets such as financial markets and housing markets. In addition we will discuss lack of regulation and self-regulation as alternatives to government regulation in certain areas.
Prerequisite: Students must pass Economics 301 and 302 with a grade of C+ or better. Open to senior economics majors only. |
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1.00 units, Seminar
|
| ECON 331 |
| Internal Labor Markets: Policy and Behavior within the Firm |
This seminar will explore several aspects of workplace relationships, with particular emphasis on the relationship between the firm and its employees. Among the questions we will explore are: How do compensation and promotion policies affect the firm-employee relationship? How do such policies affect relationships between employees, and how do they affect effort on the job and the overall performance of employees? Is it necessary for a firm to monitor its employees’ performance or are there other ways to measure productivity? What is the role of fringe benefits in the employment relationship? How do firms decide who to hire, who to train, and who to retain? What is the role of turnover within the firm? What are the effects of competition vs. coordination of workers within the firm? Is there a role for teams within firms?
Prerequisite: Students must pass Economics 301 and 302 with a grade of C+ or better. Open to senior economics majors only. |
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1.00 units, Seminar
|
| ECON 331 |
| Central Banking and Monetary Regimes |
This seminar provides a critical analysis of the rationale, behavior, and effectiveness of central banking and alternative monetary institutions. It will emphasize the Federal Reserve System and alternative monetary arrangements from historical and analytical standpoints, treating in detail the formulation and execution of monetary policy in the context of both domestic and international constraints. Attention also is given to the European Monetary Union and current issues in international monetary relations.
Prerequisite: Students must pass Economics 301 and 302 with a grade of C+ or better. Open to senior economics majors only. |
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1.00 units, Seminar
|
| ECON 331 |
| Economic Analysis of American History and Entrepreneurship |
Examples of major sectors in the American economy and some entrepreneurs who acted as catalysts thereof. Likely topics include growth before manufacturing and political independence, creating your own national market, the late-19th-century oil industry, government as a growth sector in the economy, and integrating modern science into business structures and practices. There will be a paper with research components on each major class topic. Class participation is required. An opportunity can be made for those who wish to satisfy the econometrics application for the B.S. degree in economics.
Prerequisite: Students must pass Economics 301 and 302 with a grade of C+ or better. Open to senior economics majors only. |
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1.00 units, Seminar
|
| ECON 331 |
| Macroeconomic Policies for Poverty Reduction and Economic Growth in sub-Sahara Africa |
African economies have always been capable of short bursts of positive growth. Compared to other developing regions, slow economic performance has been the single most important reason behind Africa’s very high poverty levels. The seminar will argue that a high rate of capital accumulation is vital for economic growth and poverty reduction. While improving market efficiency is essential, it is further argued that improvements at this level do not necessarily bring about sustainable growth. A satiable monetary system, in particular, together with a sustainable balance of payments and sound fiscal policies, supported by the rule of law are the necessary constellation of economic arrangements that will bring about needed economic growth and poverty reduction. This position is in contrast to arguments which aim at micro economic activity as the first target in any economic transformation.
Prerequisite: Students must pass Economics 301 and 302 with a grade of C+ or better. Open to senior economics majors only. |
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1.00 units, Seminar
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| ECON 331 |
| Institutions, Macroeconomics, and the Global Economy |
Recent research in macroeconomics concludes that successful policy implementation requires both theoretical and institutional knowledge, particularly in situations involving uncertainty. This seminar will explore how models of macro behavior have been applied in particular social, political, and economic institutions. Through the use of case studies, the macro development of European countries such as Ireland, Spain, Sweden, and Italy will be examined with a focus on the reasons for the success or failure of policies aimed at specific macro goals.
Prerequisite: Students must pass Economics 301 and 302 with a grade of C+ or better. Open to senior economics majors only. |
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1.00 units, Seminar
|
| ECON 331 |
| The American Dream or the European Dream? |
Has Europe replaced America as the focus of world envy? The seminar will examine a number of European and American differences with respect to basic economic choices. Among other policy differences, of particular import will be the income leisure tradeoff and its relationship to “happiness.” Does money buy it?
Prerequisite: Students must pass Economics 301 and 302 with a grade of C+ or better. Open to senior economics majors only. |
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1.00 units, Seminar
|
| ECON 331 |
| Applied Microeconomics: Theory, Practice, and Policy |
Applied microeconomics is comprised of several specialized areas of study, including industrial organization and regulation, labor and demographic economics, public economics, health economics, urban economics, financial economics, law and economics and environmental economics. This seminar, by focusing on specific economic issues and related public policies, will examine the ways in which microeconomic analysis illuminates various regions of the economics discipline. Students will conduct and present research on applied microeconomic topics of their choosing.
Prerequisite: Students must pass Economics 301 and 302 with a grade of C+ or better. Open to senior economics majors only. |
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1.00 units, Seminar
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| ECON 331 |
| Studies in Social Policies and Economic Research |
The primary emphasis of these senior seminars is to strengthen the student's skill and sensitivity in applying economic analysis and research methods to social policy problems. The topics to be studied will vary from year to year.
Prerequisite: Students must pass Economics 301 and 302 with a grade of C+ or better. Open to senior economics majors only. |
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1.00 units, Seminar
|
| ECON 331 |
| Experimental Economics |
This seminar will introduce students to applications of experiments in economic research, focusing on many well-developed areas of laboratory-tested experiments as well as experimental methodology. We will review, discuss, and analyze some of the most influential papers written in the field of Experimental Economics and conduct classroom experiments. We will examine the motivation behind experiments, their usefulness and their limitations. This course will include topics such as experiments involving individual decision making, game theory, bargaining, trust and public choice. Finally, students will be required to develop and conduct their own experiment-based research projects.
Prerequisite: Students must pass Economics 301 and 302 with a grade of C+ or better. Open to senior economics majors only. |
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1.00 units, Seminar
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| ECON 331 |
| Venetian Urban Life through the Eyes of an Economist |
Everyone seems to be writing about cities, including economists - about what makes cities economically successful or why innovative processes and products often find their origins in cities. Cities have been around for over 7000 years. What did successful cities with vibrant economies look like in the past? We will focus on this question by examining one of the best examples of a dynamic, forward-looking city on the verge of the capitalist epoch: Venice. Venice was in the center of the European economy in the late Medieval/early Renaissance period. By examining Venice’s economy and institutions we can draw lessons for today and develop a better understanding of the history of cities – their contributions to economic development and transformation on the eve of the modern period.
Prerequisite: Students must pass Economics 301 and 302 with a grade of C+ or better. Open to senior economics majors only. |
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1.00 units, Seminar
|
| ECON 331 |
| The Economies of Cities: how they grow, why they die and what happens in between |
What is the role of cities in bringing about economic, social and cultural development? Why and in what ways do cities represent arenas for innovation and diverse economic activity? And, lastly, how does one understand and explain the path of particular cities' economies over time, with the existence of both golden periods and periods of significant economic decline? To answer these questions we will focus on various case studies through time and space. We begin with Renaissance Florence and then travel on to Amsterdam, London and eventually Hartford. This chronological sequencing allows us to trace the development of capitalist epochs as we follow the center of gravity of the modern western economy from Italy and the Mediterranean to Northwest Europe and finally the United States. Along the way we will place the individual city's growth and development into a broader context, namely that of a world of increasing trade and commerce and global interconnectedness. In the end, we will gain an understanding of the specific mechanisms for growth within an urban setting and an appreciation for the city as an important agent of economic and cultural development.
Prerequisite: Students must pass Economics 301 and 302 with a grade of C+ or better. Open to senior economics majors only. |
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1.00 units, Seminar
|
| ECON 331 |
| Economic Organizations in the Early American Colonies |
Students in this seminar will study various economic systems in the early history of the American colonies. An emphasis will be placed on the economic structures in certain colonies such as New Amsterdam and how they compared to other regions at that time. Students will explore the interplay between the different economic ideas and systems of property rights, and discuss to what extent those factors influenced policy and economic performance in early colonial America.
Prerequisite: Students must pass Economics 301 and 302 with a grade of C+ or better. Open to senior economics majors only. |
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1.00 units, Seminar
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| ECON 332 |
| The Rise of Capitalism in Renaissance Florence |
This course will move through time in Italian history - with a focus on Renaissance Florence – to investigate the rise and development of monetary institutions and well-organized financial systems in Italy. Woven throughout the course will be attention to topics such as the rise of commerce, the accumulation of wealth, the limits to entrepreneurship, and the relative role of private and public institutions in the development of the economy. The course will include weekly walking tours through the heart of historical Florence, with a little time for cappuccino and gelato along the way.
Prerequisite: C- or better in Economics 101. |
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1.00 units, Lecture
|
| ECON 333 |
| History of Economic Thought |
The course presents an overview of the evolution of economic ideas from the ancient Greeks and Romans through the development of modern microeconomics and macroeconomics in the 20th century. The classical economics of Adam Smith, David Ricardo, and Thomas Malthus are explained, along with the ideas of Karl Marx. The “marginalist revolution” of the 1870s serves as the basis for tracing the evolution of modern theories of the logic of choice, markets, prices, competition, and the firm. In addition, the emergence of modern macroeconomics will be analyzed from the Keynesian Revolution of the 1930s to “counter-revolution” of monetarism and new classical economics in the 1960s and 1970s, as well as from the revival of “Austrian” macroeconomics.
Prerequisite: C+ or better in Economics 301. |
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1.00 units, Lecture
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| ECON 399 |
| Independent Study |
Submission of the special registration form, available in the Registrar's Office, and the approval of the instructor and chairperson are required for enrollment.
Prerequisite: C+ or better in Economics 301 or Economics 302, as appropriate. |
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1.00 units min / 2.00 units max, Independent Study
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| ECON 401 |
| Independent Study in Quantitative Applications |
Submission of the special registration form, available in the Registrar's Office, and the approval of the instructor are required for enrollment.
Prerequisite: C- or better in Economics 312 or Economics 318 |
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0.50 units min / 1.00 units max, Independent Study
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| ECON 402 |
| Senior Thesis Seminar Part I |
| This seminar will address the research and thesis writing process and will include workshops on writing, data and library resources. In addition, students will be asked to present preliminary work for discussion to seminar participants, and to participate in three sets of presentations to the Department during the academic year. |
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0.50 units, Seminar
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| ECON 403 |
| Senior Thesis Seminar Part II |
This seminar will address the research and thesis writing process and will include workshops on writing, data and library resources. In addition, students will be asked to present preliminary work for discussion to seminar participants, and to participate in three sets of presentations to the Department during the academic year.
Prerequisite: Concurrent enrollment in Economics 499. |
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0.50 units, Seminar
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| ECON 466 |
| Teaching Assistantship |
| Submission of the special registration form, available in the Registrar's Office, and the approval of the instructor and chairperson are required for enrollment. Cannot be used for major credit. |
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0.50 units min / 1.00 units max, Independent Study
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| ECON 497 |
| Senior Thesis |
|
No Course Description Available.
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|
1.00 units, Independent Study
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| ECON 498 |
| Senior Thesis Part 1 |
Written report and formal presentation of a research project. Open to all senior majors and required of all students who wish to earn honors in economics. A student who intends to write a thesis must locate a thesis adviser, and must submit a preliminary proposal to the thesis adviser by the last day of classes in the spring semester of the junior year. A final proposal must be submitted to the thesis adviser by final registration in the fall semester of the senior year. Submission date of the thesis is the third Thursday following spring recess. Seniors who undertake Economics 498-99 will be excused from Economics 331. Studies in Social Policies and Economic Research. In addition to the final proposal, submission of the special registration form available in the Registrar's Office and the approval of the instructor is required for each semester of this year-long thesis. (2 course credits are considered pending in the first semester; 2 course credits will be awarded for completion in the second semester.)
Prerequisite: C+ or better in Economics 301 and 302. |
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2.00 units, Independent Study
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| ECON 499 |
| Senior Thesis Part 2 |
Written report and formal presentation of a research project. Open to all senior majors and required of all students who wish to earn honors in Economics. A student who intends to write a thesis must locate a thesis adviser, and must submit a preliminary proposal to the thesis adviser by the last day of classes in the spring semester of the junior year. A final proposal must be submitted to the thesis adviser by final registration in the fall semester of the senior year. Submission date of the thesis is the third Thursday following Spring Recess. Seniors who undertake Economics 498-99 will be excused from Economics 331, Studies in Social Policies and Economic Research. In addition to the final proposal, submission of the special registration form available in the Registrar's Office and the approval of the instructor is required for each semester of this year-long thesis. (2 course credits are considered pending in the first semester; 2 course credits will be awarded for completion in the second semester.)
Prerequisite: C+ or better in Economics 301 and 302. |
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2.00 units, Independent Study
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| ECON 500 |
| Economic Principles |
|
No Course Description Available.
|
|
1.00 units, Lecture
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| ECON 803 |
| Microeconomic Theory |
| A study of resource allocation and product distribution in a market system. Market behavior is analyzed in terms of the determinants of demand, supply, the logic of the productive process, and the institutional structure of markets. |
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1.00 units, Lecture
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| ECON 805 |
| Macroeconomic Theory |
| An analysis of aggregate income, output, and employment, which includes the following topics: national economic accounts, theories of consumption, investment and money, Keynesian and Classical models, the monetary-fiscal debate, inflation, unemployment, and growth. |
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1.00 units, Lecture
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| ECON 806 |
| Financial Accounting Valuation and Measurement |
| Review of concepts and methodology in financial accounting. Particular attention is devoted to the exploration of different accounting measurement theories and the impact these theories have on corporate financial reporting. Ability to interpret, analyze, and evaluate financial accounting information is developed through problems and cases stressing the preparation, utility, and limitations of such information. |
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1.00 units, Lecture
|
| ECON 807 |
| Public Finance |
An examination of the Federal budget, of the tax system of the United States, and of Fiscal Federalism, with special reference to the allocation, distribution, and stabilization objectives of specific taxes and expenditures. Analyses of the theory of public goods and of externalities, of private market failure, and of government corrective action. Actual policies will be evaluated in the context of the analytical framework developed in the course.
Prerequisite: Economics 803. |
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1.00 units, Lecture
|
| ECON 811 |
| Money and Banking |
The nature, significance, and functions of money; monetary standards; the role and operations of commercial banks; central banking and the Federal Reserve System; the Treasury and the money market; foreign exchange and international finance; monetary theory.
Prerequisite: Economics 805. Permission of Instructor required. |
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1.00 units, Lecture
|
| ECON 814 |
| Analysis of Financial Markets |
This course will emphasize the role of financial institutions in affecting the flow of funds through the money and capital markets. Topics include: the portfolio behavior of financial intermediaries, the yield curve and term structure of interest rates, an analysis of short-term Federal Reserve behavior and its impact on the financial markets, seasonal liquidity patterns and their impact on the financial system, techniques of financial market forecasting, the efficient market hypothesis, and the role of rational expectations.
Prerequisite: Economics 803. |
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1.00 units, Lecture
|
| ECON 816 |
| Business Cycles |
This course analyzes the nature of and explanations for business cycles in modern macroeconomic theory and policy, including the quantity theory of money, Keynesian Economics, the Austrian School, Monetarism, New Classical Economics, and New Keynesianism. The historical patterns of business cycles will be studied in the context of these competing theories, and their relevance in terms of the current economic crisis. Undergraduates who wish to enroll must obtain permission from their advisor and the instructor.
Prerequisite: Economics 805. Permission of Instructor required. |
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1.00 units, Seminar
|
| ECON 821 |
| Methods of Research |
This course develops techniques useful in economic research. Topics include: time series analysis, probability, hypothesis testing, non-parametric statistics, an introduction to regression analysis, decision and game theory.
Prerequisite: Economics 803. |
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1.00 units, Lecture
|
| ECON 825 |
| American Economic History |
This course attempts to provide the student with a basic, yet thorough understanding of the growth and development of the American economy. The course will first discuss the methodological approaches of economic historians and introduce basic concepts used to understand and measure economic growth and change. It will then analyze the colonial economy, early national and ante-bellum years, the reunification era, and the emergence of a modern U.S. economy. The analysis will focus on key economic sectors - money and banking, agriculture, commerce, labor, and government - with special attention given to problems and issues in the financial and monetary sector.
Prerequisite: Economics 801 or permission of the instructor. |
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1.00 units, Lecture
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| ECON 828 |
| Constitutional Political Economy |
| In this course we will apply the tools of economic analysis to constitutional provisions. We will examine the incentives created by rules, and the likely outcomes. The intent of the course is to consider what is possibly the single most important question: "Is it possible to design a government with the power to protect its citizens, but no the power to oppress them?" 1) Analyze a provision or clause of the U.S. Constitution in the context of the intentions of the original framers. 2) Propose a Constitutional provision of your own design and explain its intended, and likely consequences. The later part of the course would be primarily a seminar in which the constitutional provisions under consideration are discussed. The class will also follow developments in the European Union, which is currently experiencing a constitutional moment. NOTE: This Economics course counts towards the Public Policy Program. |
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1.00 units, Seminar
|
| ECON 831 |
| Central Banking and Monetary Regimes |
| This seminar provides a critical analysis of the rationale, behavior, and effectiveness of central banking and alternative monetary institutions. It will emphasize the Federal Reserve System and alternative monetary arrangements from historical and analytical standpoints, treating in detail the formulation and execution of monetary policy in the context of both domestic and international constraints. Attention also is given to the European Monetary Union and current issues in international monetary relations. |
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1.00 units, Seminar
|
| ECON 833 |
| Law and Economics |
In this course, students will learn the techniques developed by the branch of economics known as law and economics. The efficiency of the law on torts, contracts, property and criminal behavior will be evaluated using economic analysis. Topics will include but are not limited to the following: use of the negligence standard, products liability, efficient breach, limitations on the rights of contract, pollution control, intellectual property rights, government takings, victimless crime, capital punishment and the necessity of criminal law.
Prerequisite: Economics 803 and for undergraduates a C- or better in Economics 301 and permission of the instructor. |
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1.00 units, Seminar
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| ECON 834 |
| Public Choice Economics |
The tools of analysis typically used to study private markets are extended to analyze political markets. Voters, politicians and bureaucrats are assumed to be rational and self-interested. Sources of political market failure are examined.
Prerequisite: Economics 801 or permission of the instructor. |
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1.00 units, Lecture
|
| ECON 847 |
| Issues in International Finance |
This course focuses on assessing the impact on financial markets, exchange rates, prices, interest rates, output and national policies of economic and financial disturbances around the globe. It will examine economic models and empirical evidence on the determinants and stability of foreign exchange rates; asset markets and portfolio choice in integrated financial markets; the role of the banking sector in financial and currency crises and the causes and consequences of sovereign debt crises. It is especially relevant for students with career interests in all areas of the financial services industry, in the finance/treasury function of corporations and in policy analysis for government agencies and consulting firms.
Prerequisite: Economics 803 and Economics 805. |
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1.00 units, Seminar
|
| ECON 848 |
| Economics of Conflict |
This course has two major components. The first is a game theoretic analysis of international conflict, based on the work of Nobel Laureate Thomas Schelling, and illustrated by examining the cold war in film. Students will also engage in an extended geopolitical game (Diplomacy®), in which Schelling’s insights will be apparent regarding mutually beneficial exchanges between adversaries, tacit coordination with scant information, as well as credible and non-credible threats. The second topic will be the political economy of terrorism, which will cover such topics as positive and negative externalities resulting from anti-terrorist activities, substitution between terrorist tactics, and the implications of religious as opposed to political terror. These principles will also be illustrated in films we will view.
Prerequisite: Economics 801 and Economics 803 or Permission of Instructor |
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1.00 units, Seminar
|
| ECON 850 |
| Development Economics |
Various hypotheses on the persistence of underdevelopment observed in most developing economies will be examined. Then the successes of some developing economies in their modernization will be discussed. Attention will also be given to such important issues as industrialization, demographic change and urbanization, growth in income and its distribution, international trade and finance, development strategies, the government role in promoting development, and the impact of foreign aid.
Prerequisite: Graduate students need to have completed Economics 803 and Economics 805. Upper level undergraduates require Permission of Instructor and are strongly advised to have completed Economics 301 and Economics 302 |
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1.00 units, Lecture
|
| ECON 851 |
| Monetary Economics & Institutions |
This is a "special topics" course on theoretical and applied issues in money-macroeconomics and institutions. The seminar will center around class discussion and student weekly reports on (1) selected topics in business cycle theory and analysis, capital-based macroeconomics, the theory and practice of central bank monetary policy, with emphasis on the financial crisis and the resurgence of Keynes-inspired monetary and fiscal policy, and alternative monetary regimes (including free banking), and (2) presentations by class members of research papers. It is hoped the seminar will serve students as a vehicle for identifying and exploring interests in a wide range of topics, including research that may develop into graduate research projects of publishable work.
Prerequisite: Economics 803 and Economics 805. |
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1.00 units, Seminar
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| ECON 940 |
| Independent Study |
| Independent studies on selected topics are available by arrangement with the instructor and written approval of the graduate director and department chair. Contact the Office of Graduate Studies for the special approval form. |
|
1.00 units min / 2.00 units max, Independent Study
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| ECON 953 |
| Research Project |
| The graduate director, the supervisor of the project, and the department chair must approve special research project topics. Conference hours are available by appointment. Contact the Office of Graduate Studies for the special approval form. |
|
1.00 units, Independent Study
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| ECON 954 |
| Thesis Part I |
| Conference hours by appointment. An original research project on a topic approved by the graduate adviser, the supervisor of the project and the department chair. Registration for the thesis will not be considered final without the Thesis Approval Form and the signatures of the thesis adviser, graduate adviser, and department chair. Please refer to the Graduate Studies Catalogue for thesis requirements. Contact the Office of Graduate Studies for the special approval form and the Thesis Writer's Packet. (The two course credits are considered pending in Part I of the thesis; they will be awarded with the completion of Part II.) |
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2.00 units, Independent Study
|
| ECON 955 |
| Thesis Part II |
| Continuation of Economics 954. |
|
2.00 units, Independent Study
|
| ECON 956 |
| Thesis |
|
No Course Description Available.
|
|
2.00 units, Independent Study
|
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