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Course Criteria
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3.00 Credits
Role of household demand for various types of consumer goods and services. Introduction to absolute, relative, and lifetime income hypothesis of consumption demand theory. Development of consumer demand under perfect and imperfect information about product quality.
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3.00 Credits
(3 cr; QP-1204, 5333; SP-3030 or equiv; A-F only) Development and application of tools of economic research and analysis; emphasis on critical thinking using computer-based statistical methods. Econometrics (theory and practice), applied research techniques, economic forecasting, and time series analysis. Research report.
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3.00 Credits
Application of fundamentals of differential and integral calculus and linear algebra to static, comparative static, and dynamic topics in microeconomics and macroeconomics.
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3.00 Credits
Development of monetary theory and implications of theory for Federal Reserve System's control of money supply and financial institutions, money market strategy, and monetary policy, including goals, targets, and indicators.
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3.00 - 6.00 Credits
Following written approval of proposal, student engages in supervised program of half-time work experience in public agency, private business, or other organization. Advance, concurrent, and follow-up written and oral presentations required. 20 hours per week over a 15 week period.
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40.00 Credits
Following written approval of proposal, student engages in supervised program of full-time work experience in public agency, private business, or other organization. Advance, concurrent, and follow-up written and oral presentations required. 40 hours per week over a 15 week period.
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3.00 Credits
Theory and practice of determining governmental expenditures and revenues, including consideration of public goods, welfare economics, raising of revenues, debt policy, and economic stabilization.
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3.00 Credits
Industrial structure and firm's trade practices. Methodology links observed market behavior with microeconomic models. Strategic behavior of firms analyzed by integrating areas of production, finance, and marketing. Public policies evaluated in terms of their efficiency and equity.
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3.00 Credits
(3 cr; QP-1004; SP-1023; A-F only) Microeconomic analysis of natural resource and energy markets. Role of these resources in production processes and waste generation, use and pricing of nonrenewable and renewable resources over time, resource availability, sustainable development, and ecological economics.
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3.00 Credits
Microeconomic analysis of environmental quality as an economic good. Pollution control, benefit-cost analysis, valuation methodologies and their application to air and water quality, hazardous waste management, preservation, and global pollutants.
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