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Course Criteria
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3.00 Credits
Examination of factors which influence the number of job seekers and the number of jobs in the aggregate, and the efficiency with which the economic system utilizes its labor resources. Topics include individual decision-making with regard to education, job search strategy and hours of work as well as government policies affecting labor compensation, welfare and the right to bargain collectively. Prerequisites: ECON 211, 212; and MATH 155. Three hours per week.
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3.00 Credits
Comparison of contemporary economic systems in various parts of the world. Includes a review of the core economic principles used to analyze economic systems and adopts a country- or region-specific approach to examine the tri-pillars of the world economy: the U.S., Japan and EU; developing and emerging economies in East Asia and Latin America; and the transitional economies of China and Russia. Focus is on the international comparison of economic systems in terms of its influence on economic outcomes such as resource allocation and macroeconomic stability. Prerequisites: ECON 211, 212. Three hours per week.
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3.00 Credits
Introduction to how the Federal Reserve (the Fed) formulates and carries out monetary policy to achieve the twin goals of price stability and sustainable economic growth in order to expand and advance students' understanding of monetary policy in the economy. Coverage includes how policy is transmitted to the nation's economy through the banking system and financial markets, the domestic and international economic environment that influences monetary policymaking, and the implications of policy decisions for the domestic and international economies. Relevant macroeconomics and monetary theories to guide policy decisions are examined. Prerequisites: ECON 211, 212. Prerequisite/Corequisite: ECON 305. Three hours per week.
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3.00 Credits
Examines economic aspects of health care including special characteristics of the health care industry, economic behavior of health care consumers and providers, and the role of health insurance and government regulation. Compares health care finance and insurance in the U.S. and other advanced countries. Prerequisites: ECON 211, 212. Three hours per week.
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3.00 Credits
Study of the theory of economic development and its application to the underdeveloped regions and countries of the world. Emphasis on the technological, locational and financial aspects of economic growth. Prerequisites: ECON 211, 212. Three hours per week.
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3.00 Credits
Economics-based analysis of causes and consequences of environmental problems and environmental policy and a study of the critical issues in natural resource allocation. Topics include common pool resources, externalities, property rights, exhaustible and renewable resources, privatization and the economics of environmental policy formation. Students may not receive credit for both ECON 415 and 420. Prerequisite: ECON 211. Three hours per week.
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3.00 Credits
Principles of econometric model building, empirical testing and statistical inference. Introduction to the theory and application of time series and limited dependents variable models. Prerequisites: ECON 211, 212; MATH 155, 201 (or 160); INFO 281. Three hours per week.
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3.00 Credits
Study of the basic economic concepts and theories for international business, international trade and finance, commercial policy, and foreign investment and multinational firms. Prerequisites: ECON 211, 212; MATH 155. Three hours per week.
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3.00 Credits
Practical experience with methods used by professional economists to measure economic conditions. Students collect, process, evaluate, interpret and report economic data. Satisfies ABLE requirement for business majors in economics track only. Prerequisite: Senior with major, minor or track in economics. Three hours per week.
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3.00 Credits
Economics majors research problems of their own choosing and present a seminar paper. Focus on problems facing the American and world economies. Prerequisite: Economics major with senior status. Three hours per week.
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