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ECON 454: Public Finance and Public Policy
3.00 Credits
University of Maryland-College Park
Prerequisite: ECON326 with a grade of 'C' (2.0) or better (or ECON306 by permission of department). For ECON majors only. Credit will be granted for only one of the following: ECON350 or ECON454. Study of welfare economics and the theory of public goods, taxation, public expenditures, benefit-cost analysis, and state and local finance. Applications of theory to current policy issues.
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ECON 454 - Public Finance and Public Policy
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ECON 456: Law and Economics
3.00 Credits
University of Maryland-College Park
Prerequisite: ECON326 with a grade of 'C' (2.0) or better (or ECON306 by permission of department). For ECON majors only. Relationship of the exchange process to the system of institutions and rules that society develops to carry out economic transactions. Topics covered include: Property rights; torts, negligence, and liability; contracts and exchanges; criminal control and enforcement; equity issues in the rule and market environment.
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ECON 456 - Law and Economics
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ECON 457: Economics of the Gambling Industry
3.00 Credits
University of Maryland-College Park
Prerequisite: ECON326 (or ECON306 by permission of department), ECON321 (or STAT400), and MATH140 with a grade of 'C' (2.0) or better. For ECON majors only. Analysis of basic economic issues related to the gambling industry. Topics will include: (i) structure and profitability of the gambling industry; (ii) public policy issues (distribution of the tax burden, addiction, government operation of lotteries); (iii) probabilistic and microeconomic elements of various games in play (lotteries, blackjack, keno, poker, sports gambling, etc) and related issues in strategic behavior; (iv) microeconomic similarities and distinctions between risky investment and gambling.
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ECON 457 - Economics of the Gambling Industry
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ECON 460: Industrial Organization
3.00 Credits
University of Maryland-College Park
Prerequisite: ECON326 with a grade of 'C' (2.0) or better (or ECON306 by permission of department). For ECON majors only. Changing structure of the American economy; price policies in different industrial classifications of monopoly and competition in relation to problems of public policy.
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ECON 460 - Industrial Organization
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ECON 461: Economics of Regulation and Anti-trust
3.00 Credits
University of Maryland-College Park
Prerequisite: ECON326 with a grade of 'C' (2.0) or better (or ECON306 by permission of department). For ECON majors only. Credit will be granted for only one of the following: ECON398R or ECON461. Formerly ECON398R. Considers government intervention in economic activity of three types: antitrust policy, regulation of natural monopolies, and health safety regulation. Covers theoretical models, real-world policy applications, and empirical studies relevant to the impact of regulation.
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ECON 461 - Economics of Regulation and Anti-trust
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ECON 465: Health Care Economics
3.00 Credits
University of Maryland-College Park
Prerequisite: ECON326 with a grade of 'C' (2.0) or better (or ECON306 by permission of department). For ECON majors only. Analysis of health care, the organization of its delivery and financing. Access to care; the role of insurance; regulation of hospitals, physicians, and the drug industry; role of technology; and limits on health care spending.
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ECON 465 - Health Care Economics
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ECON 470: Theory of Labor Economics
3.00 Credits
University of Maryland-College Park
Prerequisite: ECON326 with a grade of 'C' (2.0) or better (or ECON306 by permission of department). For ECON majors only. Credit will be granted for only one of the following: ECON370 or ECON470. An analytical treatment of theories of labor markets. Marginal productivity theory of labor demand; allocation of time in household labor supply models; theory of human capital; earnings differentials; market structure and the efficiency of labor markets; the role of trade unions; discrimination; and unemployment.
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ECON 470 - Theory of Labor Economics
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ECON 480: Seminar in the New Economy
3.00 Credits
University of Maryland-College Park
Prerequisites: ECON325 and ECON326; and permission of department. For ECON majors only. Credit will be granted for only one of the following: ECON398J or ECON480. Formerly ECON398J. Six research topics corresponding to the current research programs of different Economic Department faculty members will be examined. Students will be expected to prepare a short research paper on three of the topics.
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ECON 480 - Seminar in the New Economy
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ECON 481: Theory and Policy in Environmental Economics
3.00 Credits
University of Maryland-College Park
Prerequisite: ECON326 with a grade of 'C' (2.0) or better (or ECON306 by permission of department). For ECON and ENSP majors only. Credit will be granted for only one of the following: ECON381 or ECON481. Formerly ECON381. Application of economic theory and empirical tools to the analysis of environmental issues. The concepts of externalities, public goods, property rights and cost-benefit analysis are applied to air pollution, water pollution, solid waste management, hazardous waste, and global warning. The optimal role and various tools of public policy are addressed.
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ECON 481 - Theory and Policy in Environmental Economics
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EDCI 280: Introduction to Teaching
3.00 Credits
University of Maryland-College Park
Development of conceptual understanding of the teaching-learning process. Seminar to coordinate on-and off-campus experiences.
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EDCI 280 - Introduction to Teaching
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