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Course Criteria
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0.00 Credits
An examination of the role of tax and public expenditure policies as they influence the allocation and distribution of resources, and on the role of market imperfections as rationales for government policies. Emphasis is on the effects of taxation and public spending on consumer and producer choices. Prerequisite: C- or better in Economics 101 and 301. 1.00 units, Lecture
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3.00 Credits
The course is divided into two parts. The first part consists of an examination of the structure of American industry including a critical analysis of the empirical evidence underlying the extent of competition, oligopoly, and monopoly within the United States. Comparisons are made with other industrialized nations and a number of specific industries are examined in detail. The second part of the course consists of an examination of public policy toward monopoly with specific emphasis on regulation and antitrust policy. Prerequisite: C- or better in Economics 101 and 301. (Calculus recommended, but not required) 1.00 units, Lecture
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0.00 Credits
Valuation, the development of the modern theory of finance; efficient market hypothesis; portfolio theory; capital budgeting; cost of capital; corporate securities; the securities markets; and other selected topics in finance. Prerequisite: C- or better in Economics 101 and either Economics 301 or Economics 302. Math 107 is strongly recommended and Economics 103 is recommended. 1.00 units, Lecture
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0.00 Credits
An analysis of monetary theory, institutions and policy including the nature, role and significance of money, financial markets and institutions, commercial banking and the money supply process, the Federal Reserve System, and the formulation and implementation of monetary policy, monetary theory, and related policy issues. Prerequisite: C- or better in Economics 301 and 302. 1.00 units, Lecture
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0.00 Credits
An examination of the relationship between economic growth and the quality of the environment; the economic theory necessary for understanding environmental problems; analysis of proposed means, such as effluent charges, for correcting these problems; the application of cost-benefit analysis to selected environmental issues. Prerequisite: C- or better in Economics 101 and 301. 1.00 units, Lecture
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0.00 Credits
This course is designed to introduce students to the application of mathematical concepts and techniques to economic problems and economic theory. Prerequisite: C- or better in Econmics 301, Economics 302, and Mathematics 126 or Mathematics 131 (or concurrent enrollment in one of these two math courses). 1.00 units, Lecture
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0.00 Credits
This course examines and evaluates the economic and political impact of the market-oriented reforms being implemented in four of the strategically important countries of the region. Topics include: origins of the interventionist state; state-led industrialization and structural transformation; the rise of populism and economic policy; monetarism and structuralism; stabilization and adjustment policies; trade liberalization and financial deregulation; and the evolution, rationale, and impact of privatization. Prerequisite: C- or better in Economics 101 and an Economics 200-level course or another social science course dealing with developing nations. Economics 301 and 302 are strongly recommended. 1.00 units, Lecture
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3.00 Credits
This unit will provide participants with an introduction to the theory and practice of cost-benefit analysis (CBA). The conceptual basis of discounting and the valuation of benefits and costs will be reviewed, highlighting the links to basic economic theory. The principles of CBA will be illustrated through the analysis of contemporary cases from areas such as environmental management, health economics, government regulation, and infrastructure development. The emphasis will be on providing participants with a simple but robust analytical framework that can be applied to the evaluation of a wide range of public policy issues and private projects. Prerequisite: C- or better in Economics 101 and Ecomomics 301. 1.00 units, Lecture
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0.00 Credits
An examination of the major theories of international trade, beginning with the classical and neoclassical models of international trade and concluding with a survey of the various alternative models of international trade developed over the past three decades. An analysis of commercial policy, preferential trading agreements and other contemporary policy issues in the international economy will be included. Prerequisite: C- or better in Economics 101 and 301. 1.00 units, Lecture
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0.00 Credits
This course examines the major theoretical and policy issues faced by business firms, the government, and individual investors in their international financial transactions. Topics include the following: basic theories of the balance of payments, exchange rates, and the balance of trade; interest rates and interest parity; alternative exchange rate systems; and recent developments in the international money markets. Prerequisite: C- or better in Economics 101 and Economics 302. 1.00 units, Lecture
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