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  • 3.00 Credits

    Spring 2007. B. ZORINA KHAN. Presents an economic analysis of innovation in firms and markets during the course of American economic development. Central themes include changes in the role of institutions, such as the factory system and large corporations, relative to market transactions. The first part of the course considers specific issues in the organization of the firm, finance, and technology during the nineteenth century. The second part examines more contemporary questions bearing on the productivity and competitiveness of American enterprise. Not open to students who have taken Economics 208 or Economics 348. Prerequisite: Economics 101 and 102.
  • 3.00 Credits

    Every semester. THE DEPARTMENT. An intermediate-level study of contemporary microeconomic theory. Analysis of the theory of resource allocation and distribution, with major emphasis on systems of markets and prices as a social mechanism for making resource allocation decisions. Topics include the theory of individual choice and demand, the theory of the firm, market equilibrium under competition and monopoly, general equilibrium theory, and welfare economics. Prerequisite: Economics 101 and 102 and Mathematics 161 or equivalent.
  • 3.00 Credits

    Every semester. THE DEPARTMENT. An intermediate-level study of contemporary national income, employment, and inflation theory. Consumption, investment, government receipts, government expenditures, money, and interest rates are examined for their determinants, interrelationships, and role in determining the level of aggregate economic activity. Policy implications are drawn from the analysis. Prerequisite: Economics 101 and 102 and Mathematics 161 or equivalent.
  • 3.00 Credits

    Every semester. THE DEPARTMENT. An introduction to the data and statistical methods used in economics. A review of the systems that generate economic data and the accuracy of such data is followed by an examination of the statistical methods used in testing the hypotheses of economic theory, both micro- and macro-. Probability, random variables and their distributions, methods of estimating parameters, hypothesis testing, regression, and correlation are covered. The application of multiple regression to economic problems is stressed. Prerequisite: Economics 101 and 102 and Mathematics 161 or equivalent.
  • 2.00 Credits

    Fall 2006. GREGORY P. DECOSTER. Finance I and II (Economics 260 and 360) is a two-course sequence providing a thorough exposure to the fundamental concepts involved in corporate financial decision-making, investment analysis, and portfolio management. In addition, presents the financial accounting principles and practices necessary to understand and utilize corporate financial statements as inputs to decision-making and valuation exercises. Topics include functions and structure of the financial system; overview of valuation - measures of return and risk, and discounted cash-flow analysis; sources of financial information - basic accounting concepts, balance sheet, income statement, statement of cash-flows, and financial ratios; portfolio theory, the capital asset pricing model, and efficient markets theory; corporate decision-making, the cost of capital, capital budgeting, and capital structure. Prerequisite: Economics 101 and 102; Mathematics 161 is recommended. Note: Only one of Economics 260 and 360 may be counted toward the economics major or minor. (Students who have previously completed Economics 209 or 309 require permission of the instructor to enroll in Economics 260 and/or 360.)
  • 3.00 Credits

    MCSR.Applied Research Practicum:Chinese Rural to Urban Migration
  • 3.00 Credits

    THE DEPARTMENT. Courses numbered above 300 are advanced courses in economic analysis intended primarily for majors. Enrollment in these courses is limited to 18 students in each unless stated otherwise. Elementary calculus will be used in all 300-level courses.
  • 3.00 Credits

    Fall 2006. RACHEL EX CONNELLY. Seminar. Microeconomic analysis of the family, its roles, and its related institutions. Topics include marriage, fertility, labor supply, divorce, and the family as an economic organization. (Same as Gender and Women's Studies 302.) Prerequisite: Economics 255 and 257, or permission of the instructor.
  • 3.00 Credits

    Fall 2007 or Spring 2008. JONATHAN P. GOLDSTEIN. Seminar. A survey of competing theories of the business cycle, empirical tests of cycle theories, and appropriate macro stabilization policies. Topics include descriptive and historical analysis of cyclical fluctuations in the United States, Keynesian-Kaleckian multiplieraccelerator models, NBER analysis of cycles, growth cycle models, theories of financial instability, Marxian crisis theory, new classical and new Keynesian theories, and international aspects of business cycles. Prerequisite: Economics 256 or permission of the instructor.
  • 3.00 Credits

    Spring 2008. JOHN M. FITZGERALD. Seminar. A survey of theoretical and empirical evaluations of government activities in the economy, considering both efficiency and equity aspects. Topics include public choice, income redistribution, benefit-cost analysis, analysis of selected government expenditure programs (including social security), incidence and behavioral effects of taxation, and tax reform. Current public policy issues are emphasized. Not open to students who have taken Economics 210. Prerequisite: Economics 255 and 257, or permission of the instructor.
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