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ECON 214: Trade and Immigration
3.00 Credits
Wellesley College
Lindauer An introduction to international trade in theory and practice. Emphasis on the application of microeconomic principles in international eco-nomics. Topics to be covered include the debate over free versus fair trade; trade and the welfare of workers in developed and developing nations; the use of tariffs, quotas, and other instruments of protection; trade deficits; and the costs and benefits of international migration. Prerequisite: 101 and 102 Distribution: Social and Behavioral Analysis Semester: Spring Unit: 1.0
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ECON 214 - Trade and Immigration
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ECON 215: Tax Policy NOT OFFERED IN
10.00 Credits
Wellesley College
This course considers the role of taxation in the economy, focusing primarily on the United States federal tax system. The course studies how taxation affects economic efficiency, income distribution, capital formation, and microeconomic incentives. Major topics include the effects of the individual income tax, the corporate income tax, social security taxes, green taxes, and sales tax. The course will also examine possible tax reforms as well as the role of international tax incentives in a global economy. Prerequisite: 101 Distribution: Social and Behavioral Analysis Semester: N/O Unit: 1.0
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ECON 215 - Tax Policy NOT OFFERED IN
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ECON 220: Development Economics
3.00 Credits
Wellesley College
Johnson Survey and analysis of problems and circumstances of less developed nations. Examination of theories of economic growth for poor na-tions. Review of policy options and prospects for low and middle income economies. Specific topics include: population growth, poverty and income distribution, foreign aid, and human resource strategies. Prerequisite: 101, 102, 103 recommended. Distribution: Social and Behavioral Analysis Semester: Fall Unit: 1.0
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ECON 220 - Development Economics
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ECON 222: Games of Strategy
3.00 Credits
Wellesley College
Skeath Should you sell your house at an auction where the highest bidder gets the house, but only pays the second-highest bid Should the U.S. government institute a policy of never negotiating with terrorists The effects of decisions in such situations often depend on how others react to them. This course introduces some basic concepts and insights from the theory of games that can be used to understand any situation in which strategic decisions are made. The course will emphasize applications rather than formal theory. Extensive use is made of in-class experiments, examples, and cases drawn from business, economics, politics, movies, and current events. Prerequisite: 101. Permission of the instructor required. Distribution: Social and Behavioral Analysis Semester: Fall Unit: 1.0
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ECON 222 - Games of Strategy
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ECON 223: Personal Finance
3.00 Credits
Wellesley College
Witte What should you study How should you invest These questions require knowledge of both the law and economics of personal finance. The course offers a hands-on approach that uses real world prototypes. The earning, spending, investing and insuring decisions of the prototypes over the course of their lives provides the framework for class discussions. The course incorporates many of the latest devel-opments in finance. It provides a way of thinking about personal finance that will be relevant even as the law and financial markets change. Prerequisite: 101 and 103 Distribution: Social and Behavioral Analysis Semester: Fall Unit: 1.0
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ECON 223 - Personal Finance
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ECON 225: Urban Economics
3.00 Credits
Wellesley College
Case Analysis of the location decisions of households and firms. Topics include real estate development and finance, housing markets and housing finance, real estate cycles, regional economics, problems of the inner city, discrimination in housing and credit markets, home-lessness, and alternative public policy responses to urban problems. The course requires several projects involving fieldwork. Prerequisite: 101 Distribution: Social and Behavioral Analysis Semester: Fall Unit: 1.0
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ECON 225 - Urban Economics
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ECON 228: Environmental and Resource Economics
3.00 Credits
Wellesley College
Scharber This course considers the economic aspects of resource and environmental issues. After examining the concepts of externalities, public goods, and common property resources, we will discuss how to measure the cost and benefits of environmental policy, in order to estimate the socially optimal level of the environmental good. Applications of these tools will be made to air and water pollution, renewable and non-renewable resources, and global climate. In addressing each of these problems we will compare various public policy responses such as regulation, marketable permits and tax incentives. Prerequisite: 101 Distribution: Social and Behavioral Analysis Semester: Spring Unit: 1.0
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ECON 228 - Environmental and Resource Economics
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ECON 232: Health Economics
3.00 Credits
Wellesley College
Dills An economic analysis of the health care system and its players: government, insurers, health care providers, patients. Issues to be studied include demand for medical care, health insurance markets, cost controlling insurance plans (HMOs, PPOs, IPAs), government health care programs (Medicare and Medicaid), variations in medical practice, medical malpractice, competition versus regulation, and national health care reform. Prerequisite: 101 Distribution: Social and Behavioral Analysis Semester: Fall Unit: 1.0
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ECON 232 - Health Economics
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ECON 238: Economics and Politics NOT OFFERED IN
10.00 Credits
Wellesley College
This course will cover the economic issues that will be discussed in the upcoming U.S. presidential election. We will cover the economic forces and the stylized facts at work behind the major economic issues facing the electorate: health care, in-come security (welfare), job security, taxes, income distribution, Social Security, trade, and global warming. This course is about the eco-nomic analysis of the issues and not the politics of the issues. We will compare and contrast the two candidates' proposals on each of the most pressing economic issues, both in the short run and in the long run, and attempt, where possible, to put them in their proper historical perspective. Free trade or fair trade Flat tax, fair tax, death tax Cap and trade or carbon tax Private accounts for Social Security or changes in the retirement age Single payer health care with a mandate Prerequisite: 101 and 102 Distribution: Social and Behavioral Analysis Semester: N/O Unit: 1.0
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ECON 238 - Economics and Politics NOT OFFERED IN
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ECON 241: Poverty and Inequality in Latin America NOT OFFERED IN
10.00 Credits
Wellesley College
Survey of economic development in the Latin American region, focusing upon poverty and inequality and the data used to measure them. Topics to be covered include regional and national trends in poverty and inequality and the formulation and evaluation of social policies, especially in the areas of education and health. Work in the course will emphasize the interpretation and use of data. Prerequisite: 101 and 103 Distribution: Social and Behavioral Analysis Semester: N/O Unit: 1.0
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ECON 241 - Poverty and Inequality in Latin America NOT OFFERED IN
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