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Course Criteria
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3.00 Credits
Prerequisite: ECON 101 and ECON 102; or consent of instructor Pure trade theory and its application to solving policy problems are covered in this course. Topics studied include balance of trade, balance of payments and monetary systems.
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3.00 Credits
Prerequisite: ECON 101 and ECON 102; or consent of instructor The topics covered by this course include the theoretical and empirical analysis of the economic causes of criminal behavior, the social costs of crime and its prevention and the design of law enforcement policies.
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3.00 Credits
Prerequisite: ECON 101 or ECON 102 Government intervention changes opportunities and incentives for individuals, families, businesses, and state and local governments. This course will provide students with an understanding of the reasons for and consequences of government intervention and policies. It combines public finance, which is how the government allocates resources, and public choice, which reflects the political decisions of voters and their elected representatives. We will apply economic tools to analyze public policy issues such as government intervention in combating environmental pollution, the introduction of education vouchers, the contours of health care and social security reforms, among others.
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3.00 Credits
Prerequisite: POLI 172 or POLI 285; and ECON 101 This course examines the economic basis for legal decisions. Microeconomic theory is combined with an analysis of the law, with particular emphasis on case studies. Topics covered include the problems of defining property rights and the economics of tort, contract and criminal law.
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3.00 Credits
Prerequisite: ECON 101 and ECON 102 or consent of instructor The economic aspects of selected urban problems such as housing, poverty, transportation, crime and the urban environment are analyzed in this course. Public policies relating to these problems are discussed.
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3.00 Credits
Prerequisite: ECON 101 and ECON 102 or consent of instructor This course analyzes the economics of environmental issues and natural resource use. Topics include allocation of renewable, non-renewable and common property resources, external cost/benefit analysis and public goods. Also included is the “ecological economics” approach, which incorporates an analysis of the physical requirements for ecological sustainability.
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3.00 Credits
Prerequisite: ECON 101 and ECON 102; or consent of instructor This course analyzes the determination of wages and employment in the labor market. Applications of the theory include unemployment, discrimination, safety in the workplace and unions. Effects of government policies, such as comparable worth, affirmative action and health and safety regulations, are examined.
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3.00 Credits
Prerequisite: ECON 101 This course explores a variety of economic issues relating to professional team sports, collegiate and amateur sports such as football, baseball, hockey, tennis, skiing and golf. Students will examine ticket prices, player salaries and the profitability of team franchises. They will also study facility design and game-day transportation issues, and why the economic impact of sports facilities is often used to justify government subsidies.
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3.00 Credits
Prerequisite: ECON 101 and ECON 102 This course is an overview of the development of economic theory, which is presented in a historical context. The ideas of many important contributors to economic thought will be studied including those of Adam Smith, Karl Marx and John Maynard Keynes. May be taken for graduate-level credit.
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3.00 Credits
Prerequisite: MATH 141 and MATH 142 and MATH 120 and ECON 101 and ECON 102; or consent of instructor This course provides training in the use of calculus and other mathematical tools in comparative static analysis and the solving of optimization problems in economics. May be taken for graduate-level credit.
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