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Course Criteria
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3.00 Credits
The central questions in the field of labor economics are how wages are determined, and why a market economy provides such a vast range of possible rewards to human labor. To answer them, this course examines the role of market forces (the supply of and demand for labor) as well as that of social, political, and economic institutions. Prerequisites: overall GPA of 2.500 or higher, or department chair permission; ECON 202; ECON 201 recommended.
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3.00 Credits
An examination of the field of public economics, the branch of economics concerned with the reasons for market failure (monopoly, public goods, externalities, information asymmetry) and the potential for government policies to correct them. The application of the tools of economic analysis to understanding the causes of and potential solutions to social problems of current interest are emphasized. Prerequisites: overall GPA of 2.500 or higher, or department chair permission; ECON 202; ECON 201 recommended.
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3.00 Credits
A study of the branch of economics that analyzes the performance of industries in their role as producers of goods and services. Provides tools for analyzing and evaluating interactions between market structure (the number and size of firms in an industry), firm conduct, and industry performance. The role of government, through antitrust and other regulation, in improving the efficiency of industries and thus the economic system as a whole, is also considered. In addition, the theoretical tools of industrial analysis are used to perform case studies of actual industries. Prerequisite: overall GPA of 2.500 or higher, or department chair permission.
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3.00 Credits
An examination of the development of economic thought and economic methodology from the pre-capitalist era to the present, with emphasis on placing the development of economic theory into its historical and political context. Major topics include the early classical school (Smith, Ricardo, Marx), the rise of modern neoclassical economics, and critical responses to mainstream theory. Prerequisites: overall GPA of 2.500 or higher, or department chair permission; ECON 201 and ECON 202; or minimum junior standing and instructor permission.
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3.00 Credits
A survey of the core topics relating to the monetary sector of the economy. This includes an examination of the role and nature of money, financial institutions and markets, banking structure and regulation, determinants of interest rates, central bank policy, exchange rates, and the international monetary system. Attention is also given to particular monetary episodes such as the Great Depression, the Latin American debt crisis, the collapse of the Mexican Peso, and the Asian monetary collapse. Prerequisites: overall GPA of 2.500 or higher, or department chair permission; ECON 201.
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3.00 Credits
A study of the efficient and equitable use of society's scarce natural resources. This course discusses the application of economic theory to natural resource problems, such as externalities and resource extraction. Particular attention will be placed on Western United States issues, including water, energy, mineral extraction, forestry and public land use. Prerequisites: overall GPA of 2.500 or higher, or department chair permission; ECON 202 or ECON 215.
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1.00 - 6.00 Credits
Prerequisite: overall GPA of 2.500 or higher, or department chair permission.
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3.00 Credits
The application of advanced statistical methods and modeling to an empirical understanding of economic issues. Combines elements of statistical reasoning with economic theory and provide an excellent opportunity to combine concepts learned in previous economics courses. Topics covered include multiple regression analysis, model specification, dummy variables, multicollinearity, heteroscedasticity, autocorrelation, limited dependent variables, simultaneity, time series, forecasting, and methodological issues. Prerequisites: overall GPA of 2.500 or higher, or department chair permission; ECON 201; ECON 202, and ECON 216.
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3.00 Credits
An inquiry into sources and character of American economic development. A survey is provided of several key moments in American political economy such as the market revolution, reconstruction, populism, progressivism, the Great Depression, the New Deal, and globalization. Students are asked to engage the ideas, social movements, and institutions that have shaped the modern American economy. Prerequisites: overall GPA of 2.500 or higher, or department chair permission; instructor permission.
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1.00 - 4.00 Credits
Prerequisite: overall GPA of 2.500 or higher, or department chair permission.
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