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Course Criteria
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4.00 Credits
Explores issues related to the use of both renewable and nonrenewable resources, including energy, forests, fisheries, and water. Emphasizes the use of economic techniques in assessing optimal resource use, resource pricing, and resource policy. Prerequisite: ECON 101.
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3.00 Credits
An economic analysis of labor markets. Topics include wage determination, human capital models, human resource management, and collective bargaining. Prerequisites: ECON 101 and ECON 252.
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4.00 Credits
A study of the basis for world trade; commercial and financial policy, particularly of the United States; foreign exchange markets and open economy macroeconomics. Prerequisites: ECON 101, ECON 251, and ECON 252.
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3.00 Credits
An introduction to the history of money and banking institutions, and the development of monetary theory, with emphasis on current controversies. Analysis of the Federal Reserve System and its control of money and credit as part of its effort to influence economic stability and inflation. Prerequisites: ECON 101 and ECON 251.
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3.00 Credits
Public sector economics is the study of how government policy, in particular tax and expenditure policy, affects the allocation of resources and the distribution of income. Using the foundations of microeconomic theory, important government activities in the areas of social welfare and social insurance are evaluated in terms of their impact on the welfare of citizens, both individually and collectively. Prerequisites: ECON 101, ECON 251, and ECON 252.
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4.00 Credits
Principles, theories and institutions for economic decision-making under capitalism, socialism, communism, and mixed systems; comparison of selected countries. Problems of countries in transition to a market economy will also be discussed. Prerequisite: ECON 101.
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3.00 Credits
This course introduces students to the major theoretical perspectives in political economy. Political economy explores the relationships between the economic system and its institutions to society. Its emphasis upon context, conflicting interests, social change, and collective behavior permits a broad focus for economic analysis that includes issues such as equity, ideology, political power, and social institutions. A political economy perspective is critical for understanding critiques of the current economic system, as well as contemporary economic issues, such as the distribution of income and wealth, the role of competing interest groups in the formation of economic policy, economic globalization, and the provision of public goods. Prerequisites: ECON 101, ECON 251, ECON 252 or consent of the instructor.
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3.00 Credits
A multidisciplinary approach to the analysis of factors responsible for the poverty and underdevelopment of developing countries. Prerequisite: ECON 101.
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4.00 Credits
The course provides an economic framework to analyze the process of East Asian development since the end of World War II. The roles of culture, religion, education, history, and politics in the economic transformation of this region are examined. Contemporary issues, such as the environment, labor practice, and public policy, are also covered. Prerequisite: ECON 101.
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3.00 - 8.00 Credits
A variety of off-campus experiential learning opportunities can be arranged through the director of internships. The off-campus internship is an individually-designed experience that allows the student to explore the relationships between learning in the classroom and the practical application of knowledge in everyday work situations. Prerequisites: Admission to the internship program and approval of the department chair. (See "Internships" under the "AcademiPolicies" section.) Credit/No credit grading.
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