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Course Criteria
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3.00 Credits
Economic structure, policy, and performance in advanced industrialized nations; examination of economies in transition from socialism to capitalism in central and Eastern Europe. Prerequisites: 281, 310-1, 311.
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3.00 Credits
Effects of medical care on health; health insurance, public and private demand for medical care, and the market for medical care; regulation of hospitals and physicians; roles of nonprofit and for-profit organizations; technological change. Prerequisites: 281, 310-1.
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3.00 Credits
Nature of money and bank credit. Development, functions, and operation of monetary standards and credit systems. Banking and credit policies; price levels. Interrelationships of domestic and foreign monetary systems. Prerequisites: 281, 310-1, 311.
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3.00 Credits
Theory and practice of public finance. Welfare aspects of taxation and public expenditure decisions. Budgeting, public investment, external costs and benefits, and public debt. Prerequisites: 281, 310-1,2.
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1.00 Credits
Consumer behavior and the theory of demand; production, cost, supply functions; choices under uncertainty, insurance; competitive equilibrium; subsidies, taxes, price controls; monopoly and monopsony. Prerequisites: 201, 202, MATH 220. 2. Price discrimination and public utility pricing; monopolistic competition, oligopoly, duopoly models; game theory; factor demands; general equilibrium theory and welfare economics; information theory; externalities and public goods. Prerequisite: 310-1.
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3.00 Credits
Macroeconomics and monetary policy. Behavior of the economy as a whole. Income, inflation, unemployment, and growth; consumption, investment, and rate of interest; monetary and fiscal policy. Prerequisites: 201, 202, MATH 220.
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3.00 Credits
Topics vary: for example, the decline of European feudalism, Malthusianism, convertibility and free trade, constant wage shares during growth, the origins of the welfare state. Prerequisites: 281, 310-1, 311.
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3.00 Credits
Topics may include growth, business cycles, unemployment and job search, monetary economics, macroeconomic policy, intertemporal choice, and general equilibrium. Prerequisites: 281; 310-1,2; 311; MATH 224 and 230 or 232.
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3.00 Credits
The economics of fertility, migration, population growth, and demographic changes. Topics may include immigration, illegal migration, the baby boom, aging, retirement, and female labor force participation. Prerequisites: 281, 310-1, 311.
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3.00 Credits
Development of economic thought from the advent of the mercantilists to the formation of current schools of economics. Prerequisites: 281, 310-1,2, 311.
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