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Course Criteria
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4.00 Credits
Lecture, three hours. Requisites: courses 11, 101. Enrollment priority to Business Economics majors. Role of firms in traditional economic theory and modern developments in theory of firms. Functions of ownership and management in face of risk and opportunism. Internal organization of firms. Problem of separation of ownership from control in modern corporations. Determinates of firm size, vertical integration, and degree of specialization of activities of firms. Decision making within firms in democratic setting. P/NP or letter grading.
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4.00 Credits
Lecture, three hours. Requisite: course 101. Enrollment priority to Business Economics majors. Advanced pricing topics typically include linear programming and shadow pricing, peak load pricing, two-part pricing, strategic pricing, and auctions and bidding. Letter grading.
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4.00 Credits
Lecture, three hours. Requisite: course 102. Recommended: course 106F. Enrollment priority to Business Economics majors. Introduction to principles investment and portfolio theory. Topics include optimal portfolio construction, fixed income analysis, option pricing theory, and active portfolio management. P/NP or letter grading.
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4.00 Credits
Lecture, three hours. Requisite: course 1 or 100. Survey of economic analysis from Grecian antiquity to the early 20th century, concentrating on the 18th and 19th centuries; special attention to selected writers, including Aristotle, mercantilists, Physiocrats, Hume, Smith, Malthus, Ricardo, Marx, marginalists, and Marshall.
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4.00 Credits
Lecture, three hours; discussion, one hour. Enforced requisites: courses 1, 2, one course from Mathematics 31B, 31BH, 31E, 32A. Laws of demand, supply, returns, and costs; price and output determination in different market situations. P/NP or letter grading.
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4.00 Credits
Lecture, three hours. Requisite: course 1 or 100. Limited to non-Economics Department majors. Not open for credit to students with credit for course 111 or 112. Survey of major issues of development economics. Economic structure of low-income countries and primary causes for their limited economic growth. Economic goals and policy alternatives open to their leaders. Possible roles of developed countries. May not be applied toward any Economics Department major.
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4.00 Credits
Lecture, three hours. Requisite: course 11. Growth models, theory of production under constraints, relative factor prices and their impact on choice of technology, investment criteria, role of the market, economic planning in less developed areas.
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4.00 Credits
Lecture, three hours. Requisite: course 102 or 111. Suggested strategies for economic development: inflation, balanced growth, industry vs. agriculture, import substitution, export-oriented expansion, foreign aid, and others. Selected case studies.
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4.00 Credits
Seminar, three hours. Requisites: courses 11, 101, 102. Designed for juniors/seniors. Critical examination of theoretical debates and discussion of empirical evidence on issues pertaining to current debates on gender, globalization, and development. Topics include household economics; bargaining and gender relations; debates over paid/unpaid labor; gender differences in wages and employment; trade, multinationals, and feminization; structural adjustment and poverty; gender mainstreaming of economic analysis and policy. P/NP or letter grading.
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4.00 Credits
Lecture, three hours. Requisite: course 1 or 100. Limited to non- Economics Department majors. Not open to students with credit for course 121 or 122. General introduction to international economics, based on examination of theory of trade and means and significance of balance of payments adjustments, with analysis of major issues of international commercial and monetary policy confronting national and international agencies. May not be applied toward any Economics Department major. P/NP or letter grading.
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