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Course Criteria
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3.00 Credits
Study of the origin and development of economic theories that have influenced western civilization. Particular attention will be given to the period since 1750. PREREQ: ECON 201 and ECON 202.
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3.00 Credits
Economic development within the context of the global economy. Alternative development paradigms and policy prescriptions and the record of successes and failures of developing countries. Problems of transitional post-socialist and post-colonial economies, economic growth, income distribution, resource mobilization, agricultural and industrial development, human resource development, the role of international agencies, and international trade and financial relations. PREREQ: ECON 201 and ECON 202.
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3.00 Credits
The benefits and pattern of world trade and investment. Tariffs, quotas, and the commercial policies of nations. The foreign exchange market and the balance of payments. Consequences of balance-of-payments disequilibrium for national policy. The analysis of international payments adjustment and the nature and institutions of international monetary systems. PREREQ: ECON 201 and ECON 202.
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3.00 Credits
Application of economic analysis to regional problems of structure, growth, and policy. Location theory, various growth models, and specific techniques such as input-output analysis, base multipliers, and cost/ benefit analysis are developed. PREREQ: ECON 201 and ECON 202.
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3.00 Credits
Focus on the structure of the urban areas, locational patterns, housing, crime, pollution, poverty, financial, and transportation problems. Tools of economic analysis will be used to analyze the problems and existing and proposed policies. PREREQ: ECON 201 and ECON 202 or PERM/INST.
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3.00 Credits
Analysis of radical politicaleconomic thought and its applications to the study of socioeconomic problems. Topics include Marxian socialist economic theory, libertarianism, anarchist theory, evolutionary economic theory, and other radical models. Issues such as imperialism, economic and social inequality, and alienation will be considered. PREREQ: ECON 201 and ECON 202 or PERM/INST.
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3.00 Credits
Characteristics and structure of the U.S. labor force are examined and labor markets are analyzed to emphasize the micro- and macroeconomic factors affecting workplace decisions. Development of the U.S. industrial relations system is reviewed along with public policies, and these are contrasted with those of other western industrialized societies. PREREQ: ECON 201 and ECON 202.
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3.00 Credits
The theoretical and policy issues associated with the use of natural resources are addressed, including property rights issues that arise when considering collective goods, externalities, and common property resources. Tools used in the design and evaluation of resource policy, such as benefit/cost analysis, are covered. PREREQ: ECON 202.
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3.00 Credits
Major factors in the economic growth and development of the United States from colonial times to the present. Particular emphasis is given to the interaction of economic factors and other aspects of American society. May be taken for either ECON or HIST credit, but not both. PREREQ: ECON 201 and ECON 202 or PERM/INST.
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3.00 Credits
The first of a two-semester sequence in quantitative economic analysis, this course emphasizes the application of mathematics to the construction of economic models. Topics will include equilibrium analysis, input-output analysis, comparative static analysis, optimization techniques, and dynamic analysis. The methodological issues surrounding the use of quantitative techniques in economics are also strongly emphasized. May be taken for graduate credit. PREREQ: ECON 201, ECON 202, MATH 160 or equivalent, and BUSSTAT 207.
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