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  • ECON 317: Development Economics

    0.00 Credits
    Trinity College

    Various hypotheses on the persistence of underdevelopment observed in most developing economies will be examined. Then the successes of some developing economies in their modernization will be discussed. Attention will also be given to such important issues as industrialization, demographic change and urbanization, growth in income and its distribution, international trade and finance, development strategies, the government role in promoting development, and the impact of foreign aid. 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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  • ECON 318: Basic Econometrics

    0.00 Credits
    Trinity College

    The formulation and estimation of models; topics include a review of basic concepts and results of statistical inference, single equation regression model, functional forms, problems of estimation, and simultaneous equation models. The computer will be used but no experience is necessary. Prerequisite: C- or better in Economics 101 and Mathematics 107. 1.00 units, Lecture
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  • ECON 320: Contemporary Issues in Macro Theory

    0.00 Credits
    Trinity College

    This course consists of three main sections: depressions and slumps; hyperinflation and currency crises; successes and failures in transforming Eastern Europe and Asia. Each of these sections will introduce case studies, explore theory, investigate potential causes and consequences, and discuss the related aspects of macroeconomic policy. Economic theory and empirical observation generally suggest that while economies are predisposed to short-run fluctuations, they tend to return to some "normal" state over time. Experience, however, suggests that there are important exceptions, such as prolonged periods of negative growth, or bouts of hyperinflation. The existence of such economic pathologies raises some obvious questions: Are they the result of unusually large adverse shocks, improper policies, a dysfunction of the correction mechanism that usually leads the economy back to its normal state, or something else Are there policies that have been identified as effective in preventing or softening the adverse effects of such pathologies Prerequisite: C- or better in Economics 101 and Economics 302. 1.00 units, Lecture
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  • ECON 321: American Economic History

    0.00 Credits
    Trinity College

    A survey of the growth of the American economy from pre-Columbian times to the present. Special attention will be given to the issues of economic growth, industrial development, the economy of the antebellum South, transportation and commerce, the rise of cities, and the impact of major wars on the economy. Prerequisite: C- or better in Economics 101. 1.00 units, Lecture
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  • ECON 322: Cities and Comparative Economic Development:The Case Study of Renaissance Florence

    0.00 Credits
    Trinity College

    We will examine the building of Renaissance Florence through the theoretical lens of institutional economics. From our exploration of the city over a 200 year period, we will gain an understanding of the general economic setting and the specific institutional mechanisms for growth which made the renaissance in building, sculpture and painting possible. We will gain an appreciation for the city as an important agent of economic and cultural development. The course is divided into three sections; A theoretical overview of institutional economics; A case study of Renaissance Florence: and a concluding synthesis that asks students to present their own analysis of Renaissance Florence. Prerequisite: C- or better in Economics 101 and Economics 302. 1.00 units, Lecture
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  • ECON 323: Theories of Economic Growth

    0.00 Credits
    Trinity College

    Rates of economic growth vary considerably over time, and between countries over time. This course examines models of economic growth in the light of these "stylized facts." Topics include the Harrod model, traditional neoclassical growth theory, Post-Keynesian growth theory, and "endogenous" growth theory. Prerequisite: C- or better in Economics 301 and 302. 1.00 units, Lecture
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  • ECON 328: Applied Econometrics:Micro-econometrics

    0.00 Credits
    Trinity College

    Application and extensions of basic econometric tools. Topics include analysis of panel data, maximum likelihood estimation, analysis of discrete and limited response data, analysis of count data, sample selection, and duration of models. Prerequisite: C- or better in Economics 318. 1.00 units, Lecture
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  • ECON 329: Applied Macroeconomics

    3.00 Credits
    Trinity College

    This course is designed to extend and develop students' understanding of macroeconomics beyond the intermediate (Economics 302) level. Discussion will focus on current macroeconomic events and issues in macroeconomic policy, and will proceed through the development of macroeconomic models, discussion of their results and policy implications and scrutiny of the empirical evidence presented in their defense. Questions addressed will include: Why is unemployment so much higher in Europe than in the United States Was a decline in the Non-Accelerating Inflation Rate of Unemployment (NAIRU) responsible for the reductions in unemployment and inflation witnessed during the late 1990s Does household indebtedness pose problems for future economic recovery Why did productivity growth accelerate during the 1990s How is monetary policy conducted and how does it affect macroeconomic outcomes Prerequisite: C- or better in Economics 301 and 302. Students must have taken or be concurrently enrolled in 318. 1.00 units, Lecture
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  • ECON 330: Public Choice

    0.00 Credits
    Trinity College

    This course examines the application of economic theory to political science. Topics covered will include voting models, Arrow's impossibility theorem, elections, collective action, rent seeking and special interest groups, the social contract, and distributive justice. Prerequisite: C- or better in Economics 101 and Ecomomics 301. 1.00 units, Lecture
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  • ECON 331: Experimental Economics

    0.00 Credits
    Trinity College

    This seminar will introduce students to applications of experiments in economic research, focusing on many well-developed areas of laboratory-tested experiments as well as experimental methodology. We will review, discuss, and analyze some of the most influential papers written in the field of Experimental Economics and conduct classroom experiments. We will examine the motivation behind experiments, their usefulness and their limitations. This course will include topics such as experiments involving individual decision making, game theory, bargaining, trust and public choice. Finally, students will be required to develop and conduct their own experiment-based research projects. This course fulfills part two of the writing intensive (WI) requirements for Economics. Prerequisite: Students must pass Economics 301 and 302 with a grade of C- or better. Open to senior economics majors only. 1.00 units, Seminar
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