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  • ECON 313: Seminar.International Macroeconomics

    3.00 Credits
    Wellesley College

    Joyce Theory and policy of macroeconomic adjustment in the open economy. Topics to be covered include models of exchange-rate determina-tion, the choice between fixed and floating exchange rates, monetary union, policy effectiveness in open economies under different ex-change rate regimes, and adjustment to balance-of-payments disequilibria. Prerequisite: 202 and 203 Distribution: Social and Behavioral Analysis Semester: Spring Unit: 1.0
    ShareECON 313 - Seminar.International Macroeconomics
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  • ECON 314: Advanced International Trade

    3.00 Credits
    Wellesley College

    LeBrun This course analyzes the causes and consequences of international trade. The theory of international trade and the effects of trade policy tools are developed in both perfect and imperfect competition, with reference to the empirical evidence. This framework serves as context for the consideration of several important issues: the effect of trade on income inequality, the relationship between trade and the environ-ment, the importance the World Trade Organization, strategic trade policy, the role of trade in developing countries, and the effects of free trade agreements. Prerequisite: 201 Distribution: Social and Behavioral Analysis Semester: Spring Unit: 1.0
    ShareECON 314 - Advanced International Trade
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  • ECON 318: Economic Analysis of Social Policy

    3.00 Credits
    Wellesley College

    Levine This course uses economic analysis to evaluate important social policy issues in the U.S., focusing on the role of government in shaping social policy and its impact on individuals. Does welfare make people work less or have more children Why is the teenage birthrate so high, and how might it be lowered How do fertility patterns respond to changes in abortion policy Theoretical models and econometric evidence will be used to investigate these and other issues. Prerequisite: 201 and 203 Distribution: Social and Behavioral Analysis Semester: Spring Unit: 1.0
    ShareECON 318 - Economic Analysis of Social Policy
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  • ECON 320: Economic Development

    3.00 Credits
    Wellesley College

    Shastry This course examines what factors help to explain why some countries are rich and others poor and whether economic policies can affect these outcomes. We will study key aspects of life for poor households in the developing world, such as inequality, gender, and the intra-household division of resources, education, child labor, health, savings and credit, institutions and globalization. Students will study recent research in the field and examine empirical evidence on these topics. Prerequisite: 201 and 203 Distribution: Social and Behavioral Analysis Semester: Spring Unit: 1.0
    ShareECON 320 - Economic Development
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  • ECON 321: Money and Banking NOT OFFERED IN

    10.00 Credits
    Wellesley College

    From the subprime mortgage crisis in the U.S. to the hyperinflation in Zimbabwe, financial markets play a pivotal role in every economy. This course examines the role of money and banking in determining economic outcomes. What is money, and what role do central banks (the Federal Reserve in the U.S.) play in its creation How can monetary policy stimulate or retard econom-ic growth, and what role might regulation play in preventing crises in financial markets The course will employ the tools learned in inter-mediate theory courses to understand the complex interactions of market forces and financial institutions in the U.S. and global economy. Prerequisites: 201 and 202 Distribution: Social and Behavioral Analysis Semester: N/O Unit: 1.0
    ShareECON 321 - Money and Banking NOT OFFERED IN
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  • ECON 323: Finance Theory and Applications

    3.00 Credits
    Wellesley College

    Hilt This course provides a rigorous treatment of financing and capital budgeting decisions within firms. Topics include: financial statement analysis; strategies and analytical methods for the evaluation of investment projects; capital structure and dividend policy decisions; risk, return, and the valuation of financial instruments; and management incentive structures. Risk management and the use of derivatives will also be considered. Prerequisite: 201 and 203 Distribution: Social and Behavioral Analysis Semester: Fall Unit: 1.0
    ShareECON 323 - Finance Theory and Applications
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  • ECON 324: Behavioral and Experimental Economics

    3.00 Credits
    Wellesley College

    Shurchkov Why do people give to charity What can be done to convince more people to save in retirement plans This course explores these and other questions by introducing psychological phenomena into standard models of economics. Evidence from in-class experiments, real-world examples, and field and laboratory data is used to illustrate the ways in which actual behavior deviates from the classical assump-tions of perfect rationality and narrow self-interest. Prerequisites: 201 and 203 Distribution: Social and Behavioral Analysis Semester: Spring Unit: 1.0
    ShareECON 324 - Behavioral and Experimental Economics
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  • ECON 325: Law and Economics

    3.00 Credits
    Wellesley College

    Witte Economic analysis of legal rules and institutions. Application of economic theory and empirical methods to the central institutions of the legal system including the common law doctrines of negligence, contract, and property as well as civil, criminal, administrative procedure and family law. The course will contrast economic and noneconomic theories of law and will address the strengths and limitations of the economic approach to law. Prerequisite: 201 and 203 Distribution: Social and Behavioral Analysis Semester: Fall Unit: 1.0
    ShareECON 325 - Law and Economics
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  • ECON 326: Seminar.Methods of Education Policy Analysis NOT OFFERED IN

    10.00 Credits
    Wellesley College

    This course applies modern econometric methods and evaluation design to the analysis of contemporary issues in education policy. Methods include randomized experiments, regression-discontinuity analysis, and the use of panel data. Issues include school accountability, private-school vouchers, and policies toward teacher labor markets. Students will conduct extensive empiri-cal analysis of education data. Prerequisite: 201 and 203 Distribution: Social and Behavioral Analysis Semester: N/O Unit: 1.0
    ShareECON 326 - Seminar.Methods of Education Policy Analysis NOT OFFERED IN
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  • ECON 331: Seminar.Monetary Theory and Policy

    3.00 Credits
    Wellesley College

    NOT OFFERED IN 2009-10. The formulation of monetary policy and its theoretical foundations. This includes discussion of the latest de-velopments in monetary theory, the money supply process, monetary autonomy in an open economy, and current procedures in the U.S. and other nations. Prerequisite: 202 and 203 Distribution: Social and Behavioral Analysis Semester: N/O Unit: 1.0
    ShareECON 331 - Seminar.Monetary Theory and Policy
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