Description: Basic policy implications of monetary economics with special reference to the role of money in the determination of income, employment, and prices. Includes demand for and supply of money, commercial and central banking system, monetary policy-making, nonbank financial system, and other issues in monetary economics.
Description: Money as developed by classical and modern economists. Emphasis on origins of money, interest rates, inflation, unemployment, business cycles, rational expectations, fiscal policy, international aspects of monetary policy, and other related topics in monetary economics.
Description: Experience with research methods in economics. Statistical analysis to investigate economic issues and related policies; find relevant data; perform and interpret univariate and multivariate statistical analyses; and formulate and test specific hypotheses.
Description: Nature and causes of economic insecurity. Analysis of public programs such as Social Security, unemployment insurance, workers' compensation, and public assistance.
Description: Focuses on the features of common insurance contracts, legislative and administrative restrictions on insurance contracts and judicial techniques for interpreting, construing and regulating insurance contracts.
Description: Equilibrium Analysis: Applications in business, finance, and economics. Market equilibria, accumulations, and economics. Optimization: profit, cost, and utility functions. Constrained optimization problems with utility functions. Constrained optimization problems in production and consumer allocations; Kuhn and Tucker conditions; static and dynamic input-output Models.
This course is a prerequisite for: ECON 917
Prerequisites: ECON 215.
Description: Decision making under conditions of uncertainty. Introduction to Bayesian methods including the main methods of traditional statistics. Both prior knowledge and consequences of decision error are explicitly taken into account in the analysis.
Description: Designed to give undergraduate and master's level economics students an introduction to basic econometric methods including economic model estimation and analyses of economic data. Hypothesis formulation and testing, economic prediction and problems in analyzing economic cross-section and time series data are considered.
Description: Determinants of exchange rates, international payments, inflation, unemployment, national income, and interest rates in an open economy. International monetary system and capital and financial markets, and of the mechanisms by which a national economy and the rest of the world adjust to external disturbances.
Description: Advanced survey of development problems and goals; roles of land, labor, capital, entrepreneurship, and technical progress in economic growth of the less developed countries. Theories and strategies relating to international trade and economic development.
Prerequisites: ECON 212.
Description: Traces the economic and legal incentives for government involvement in the marketplace. Examines why various forms of intervention make sense in certain situations. Defining the limits of allowable competition, and to replacing free market forces with regulation. Includes analysis of utilities and their evolving regulation.
Description: Legal and administrative aspects of the regulation of land use and development, the problems and techniques of urban planning at the various levels of government, and the relationship of private owners and builders to the government policies involved in shaping the physical environment.
Description: Control of business activities through the federal antitrust laws. Emphasis on monopolies, joint ventures, pricefixing, boycotts, resale price maintenance, exclusive dealing and tying arrangements, territorial restrictions, and mergers.
Description: Study of the federal and state statutes and common law doctrines restricting unfair methods of competition in business. Topics include false advertising, trademark law, misappropriation, trade secret law and the right of publicity.
Description: Selected problems in products liability, with emphasis on research and writing projects analyzing the problems.
Description: Development and evolution of economic ideas, including diverse mainstream and dissenting schools of thought from ancient Greece to contemporary texts. Consideration of selected influential economists' writings, relation between economic conditions and ideas and the antecedents of current economic controversies.
Description: Examination of differing schools of thought about how well a market economy performs. Includes economic analysis and extensive reviews of rivalry among corporations in various sectors of the US economy.
Description: Advanced analysis of regional growth and development. Emphasis on the relationship between national and regional growth as well as local attributes influencing development patterns. Comparisons between developed and developing countries used to highlight similarities and differences in development patterns and policies. Empirical applicability of regional economic models stressed.
Prerequisites: ECON 440/840.
Description: Advanced study of techniques for regional analysis. Includes indexes of spatial dispersion and concentration, shift-share analysis, export base, and input-output analysis. Special emphasis on input-output analysis. Objective is to equip students with the basic analytical tools of regional economic analysis.
Description: Introduction to the field of feminist economics. Critiques of economic theory and methodology along with gender and household decision-making, the care economy, international migration, development, globalization, the feminization of labor markets,and macroeconomics.
Description: Structure and function of the economic system and problems in achieving goals of efficient allocation of resources, full employment, stable prices, economic growth, and security. Emphasis on teaching of economics at the pre-college level.
Description: Application of economic principles to current problems. Includes evaluation of economic education materials, scope and sequence for development of economic concepts in the primary and secondary school.
Description: Organization and planning, instructional strategies, assessment methods, and related topics for teaching economics and business courses in colleges and universities.
Description: Survey of methods, theories, and analyses of education from an economics perspective. Education and human capital, educational production and cost functions, cost-benefit analysis, supply and demand for educators, education and economic growth. Survey of methods, theories, and analyses of education from an economics perspective. Education and human capital, educational production and cost functions, cost-benefit analysis, supply and demand for educators, education and economic growth.
Description: Survey of research studies in the field of economic education. Research questions, data sources, theoretical models, experimental designs, statistical procedures, and research findings.
Description: Transformation of the United States economy from an agrarian to an industrial society and the impact of that transformation on people's livelihoods. The economic of slavery, the impact of the railroads, immigration, and the collective response of business and labor to industrialization.
Description: Transformation of the United States economy in the twentieth century. Attention to the continued consolidation of the business enterprise, business cycle episodes including the Great Depression of the 1930's, organized labor, and the role of government in managing and coping with this transformation in economic life.
Prerequisites: Senior standing and permission.
Description: Topic varies.
Prerequisites: Senior standing and permission.
Open to students with an interest in international relations. Topics vary.
Description: Prepares students to conduct social and economic planning, program evaluation, and budgeting. Analysis of the delivery of government goods and services consistent with values and societal goals. Includes: philosophy of government, budget theory, social indicators, social fabric matrix, cost effective analysis, technology assessment, evaluation of the natural environment, and time analysis.
Description: This course is intended for MA Option II students and others who do not plan to proceed to PhD studies. Analysis of microeconomic decision-making by individuals and firms with emphasis on consumer demand, production, cost and profit, market structure and the economics of games, uncertainty, and information.
Description: Course prepares student for applied macroeconomic analysis in a business, governmental or academic setting. Empirical modeling strategies are developed from theoretical underpinnings to implementation, including data collection, estimation, forecasting, simulation, presentation and interpretation.
Description: Survey of the basic ideas of Veblen, Polanyi, Commons, Ayres, Galbraith, and Myrdal. Applications of institutional analysis to major economic problems and policies. Examination of the economic system as part of the holistic human culture, a complex of many evolving institutions.
Description: Legislative and judicial patterns of the modern labor movement; the objectives of labor combinations; the forms of pressure employed for their realization and prevention; strikes, boycotts, picketing, and lockouts; the legal devices utilized in carving out the permissible bounds of damage suits involving labor activity; the labor injunction; the National Labor Relations Board; the nature of collective bargaining agreements; extra legal procedure for settling labor disputes-the techniques of mediation, conciliation, and arbitration.
Description: Microeconomics of wages and employment; determinants of labor demand and supply; marginal productivity; bargaining theories of wages; labor mobility and allocation among employers; and the impact of unions, government policy, investment in human capital; and discrimination in labor markets.
Description: Government regulation of employment and labor relations. Includes laws and agencies relating to employment practices, pay, hours, equal employment opportunity, labor relations, safety, health, pensions, and benefits. Social and economic implications of governmental regulation considered.
Description: Origin and growth of the administrative process, the development of administrative law and its impact upon traditional legal institutions, analysis of the types of federal and state administrative tribunals, their powers and functions, and problems of administrative procedure, judicial and other controls upon the administrative process.
Description: Evolution of formally centrally planned economies (Soviet Union, central and eastern Europe, China) toward more market-oriented and decentralized economies. Includes comparisons of the speed and pattern of institutional changes, performance outcomes and implications for economic development strategies.
Prerequisites: Admission to masters degree program and permission of major adviser
Description: Advanced topics in aggregate dynamics and growth.
Description: Advanced topics in macroeconomic fluctuations.
Prerequisites: ECON 912A
Description: Survey of general equilibrium and welfare theory; proof of the existence and stability of equilibrium allocations, their welfare interpretation, welfare functions, externalities, the possibility theorem, the theory of clubs.
This course is a prerequisite for: ECON 912C
Prerequisites: ECON 912B or by permission by the instructor
Description: Survey of various economic tools used to study models explicitly involving strategic behavior, information transmission, and contracting in economics, finance, accounting, and other business disciplines.
Description: Matrix-based approach to the construction of statistical economic models, estimation of model parameters, and econometric inference. Multiple hypothesis tests, prediction, and general error structures.
This course is a prerequisite for: ECON 918
Prerequisites: ECON 871 or permission
Description: Administration and organization of the public sector, bureaucracy, and microeconomic theories of taxation. Public goods, externalities, uncertainty, and income redistribution as sources of market failure; private market and collective choice models as possible correcting mechanisms.
Prerequisites: ECON 971
Description: Advanced theory of the influence of fiscal instruments upon stability, growth, employment, balance of payments, and portfolios. Constraints of money and debt management. Generation and control of inflation. Policy applications.
Prerequisites: Admission to doctoral degree program and permission of supervisory committee chair