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Course Criteria
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1.50 Credits
Goeree, Staff This course introduces the student to applied analysis of business structures by integrating theoretical models of industrial organization (IO) with empirical testing. The objective of the course is to develop the skills needed to bring IO theory to the data. To this end, the course will present empirical work on key IO topics, link theory to empirics, and relate theoretical and empirical results to antitrust policy issues. Among the topics covered are the real-world policy implications of: market power, collusion, mergers, new product innovations, price discrimination, and advertising. Prerequisites: Economics 101, 120, and 165. Offered every other year.
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1.50 Credits
Helland An analysis of the importance of law in the allocation of economic resources and of economics in the operation of the legal system. Topics include property and externalities, contracts, torts, criminal law, civil procedure, and the rationing of justice. Prerequisite: Economics 101. Offered every other year.
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1.50 Credits
Antecol This is an introductory survey of modern labor economics. The first part of this course develops simple models of labor demand and supply. These analytical tools are then used to analyze the determinants of earnings inequality, including issues such as human capital accumulation, labor market discrimination, unionization, and workerfirm contractual arrangements. Prerequisites: Economics 101 and 120. Offered every year.
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1.50 Credits
Staff Uses an economic perspective to analyze demographic change, including recent dramatic changes in fertility, mortality and marriage in both industrialized and developing countries. Employs microeconomic models to analyze individual and household decisions on such key demographic issues as fertility, marriage and family organization, human capital investment, and labor force participation. Demonstrates the interaction between economic and demographic change using data for a wide variety of countries. Emphasizes hands-on analysis and requires the completion of a data project utilizing econometric methods. Prior or concurrent enrollment in econometrics is recommended. Prerequisites: Economics 101 and 120. Offered every year.
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1.50 Credits
Staff This one-half credit course is a complement to preparation of a senior thesis in economics. The department strongly recommends this course for all majors who are preparing a senior thesis in economics, and the course is required for all students seeking to qualify for honors in economics. Students may take the course either the semester before enrolling in thesis, or take it concurrently with the senior thesis. Topics include identifying research questions, developing and testing hypotheses, analyzing and critiquing literature, empirical and theoretical methodology, and oral presentation. Course must be taken Credit-No Credit. Offered every semester.
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1.50 Credits
Borcherding Analysis of the role of government in the economy and problems of collective decision making. Prerequisite: Economics 101. Offered occasionally.
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1.50 Credits
Hess, Staff Explores the reasons for government intervention in the economy, the extent of that intervention, and the responses of private agents to government actions. Demonstrates how economic models and research can inform our thinking about public policy issues. Includes a wide range of topical issues such as the effects of welfare reform and the merits of switching to a flat tax. Uses examples drawn from the United States and elsewhere. Prerequisites: Economics 101, 102, and 120. Offered every year.
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1.50 Credits
Staff A case method survey of ethical problems confronted by individuals in management positions. Emphasizes combining situational case studies, legal awareness, and alternative solutions based on theories of moral philosophy. Among areas covered are insider trading, tax evasion, audit failure, various conflicts of interest, and sexual harassment. Instruction focuses on legal and ethical principles and the application of critical thinking when faced with career-related moral dilemmas. Prerequisite: Economics 50. Offered every year.
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1.50 Credits
Taylor An introduction to the American legal system emphasizing commercial transactions. Topics include: torts, property, contracts, sales, commercial paper, secured transactions, securities regulations, and bankruptcy. Prerequisite: Economics 50. Offered every semester.
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1.50 Credits
Staff These courses explore topics of current interest to faculty and students. Topics vary from year to year. Offered every year. In 2008-2009 the topic will be and the course will be taught by Professor Bjerk. This course will explore issues of poverty and discrimination from an economist point of view. The first part of the course will focus on understanding the causes and consequences of poverty, along with the different policies that have been used to address these issues. The second part will focus on racial and gender discrimination. Several theoretical models of discrimination will be developed and then evaluated within the context of the current empirical work. Finally, we will consider the various connections between the discrimination literature and the broader issues of poverty discussed at the outset of class. Prerequisites: Economics 101 and 120, or permission of the instructor.
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