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Course Criteria
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3.00 Credits
Prerequisite: Econ 101 and Econ 102 Normally Offered: Every Year An examination of alternative theories of international trade, including traditional neoclassical free trade approaches and newer theories addressing imperfect competition, economies of scale, national competitiveness issues and managed trade. Topics also include the economic analysis of trade policies and trade imbalances: quotas, tariffs, GATT, free trade areas, NAFTA, trade problems and policies in economically developed and developing countries.
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3.00 Credits
Prerequisite: Econ 101 and Econ 102 Normally Offered: Every Year An examination of the theory of international finance, balance of payments and foreign exchange markets, open economy macroeconomic policy with capital mobility and exchange rate flexibility, international monetary regimes, and international monetary reform.
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3.00 Credits
Prerequisite: Econ 101 and Econ 102 Normally Offered: Every Other Year Topics include: the economic meaning of underdevelopment, the role played by different kinds of resources, evaluation of alternative "strategies" for economic growth and development, and interaction of the problems of the underdeveloped countries of Africa, Asia, and Latin America with the policies of the U.S. and other developed countries.
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3.00 Credits
Prerequisite: Econ 100 or Econ 101 or Econ 102 Normally Offered: Every Other Year Description and analysis of the economic characteristics and problems of Latin American countries.
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3.00 Credits
Prerequisite: Econ 100 or Econ 101 Normally Offered: Every Year A survey of the economic status of Black Americans. Examination of the social and economic legacy of slavery and reconstruction. Analysis of particular problem areas for contemporary Blacks, such as housing, labor market discrimination, and unequal education. Evaluation of community economic development, Black capitalism and other strategies for Black economic advancement.
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3.00 Credits
Prerequisite: Econ 100 or Econ 101 Normally Offered: Every Year An introduction to sustainable growth and economic development. Topics include the techniques and problems associated with managing natural resources from national and global perspectives; problems of environmental degradation, economic growth, and extinction of species; sustainable development; and environmental ethics as they apply to business and economics
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3.00 Credits
Prerequisite: Econ 100 or Econ 101 Normally Offered: Every Year An introduction to the economist's approach to solving environmental problems. Examines applicable economic theories and then uses these theories to develop a framework for analyzing a wide range of environmental issues. Topics include benefit/cost analysis; measurement of environmental damages; resource depletion; and current government approaches to solving air, water, and solid waste pollution problems.
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3.00 Credits
Prerequisite: Econ 101 and Econ 102 Normally Offered: Every Summer An examination of alternative systems of economic organization. Analysis of the failed command economies of the former Soviet Bloc and discussion of the progress and prospects for reform in Russia, Poland and Hungary. Special attention will be paid to comparing alternative capitalist systems (U.S., Sweden, Germany, Japan and South Korea). Issues of concern include market and non-market mechanisms of allocation and distribution, workers' control, economic democracy, centralization and decentralization, and the relation of economic affairs to political and social affairs.
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3.00 Credits
Prerequisite: Econ 100 or Econ 101 Normally Offered: Every Year An analysis of how health care markets function with specific reference to the American health care system. Topics include the economic, social, and demographic factors determining the demand for health care services, the production and supply of various kinds of health care services, the financing of health care services and alternative systems of health care delivery and financing.
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3.00 Credits
Prerequisite: Econ 101 or Econ 102 Normally Offered: Every Year This course deals with a variety of questions about the role of education in the economy and about economic aspects of the educational system. First, attention is given to the historical development of U.S. public education and to different theories trying to explain that development. Students examine such issues as: does education make people more productive If so, how Does education affect people's behavior in ways that make them "fit" better or worse in the large enterprises of the economy Whose interests are served by the structure of our educational system How does the educational system affect economic, social and political equality Much of the course will be devoted to particular controversies, for example, the issue of school choice, merit pay for teachers, the equalizing or disequalizing impacts of schooling, the importance of education in making the U.S. "more competitive".
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