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Course Criteria
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3.00 Credits
Prerequisite: ECON 3600. A study of the interaction between business organizations and government. Emphasis on industry structure and performance. Includes government policies concerning regulation, control, and promotion of business enterprise.
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3.00 Credits
Prerequisites: ECON 2105 & 2106, or ECON 2100. This course covers basic tax theory, with a primary focus on the U.S. federal government. Topics include income distribution, income taxes, and consumption taxes. The course will address the political and economic motivation for various tax policies, and the efficiency and equity ramifications of various taxes.
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3.00 Credits
Prerequisites: ECON 2105 & 2106, or ECON 2100. This course deals primarily with expenditure theory with application to the U.S. federal government. Topics include the budgeting process, redistribution programs, social security, health care, and national defense and other public goods. The course will address the political and economic motivation for various programs, and the efficiency and equity ramifications of various programs. This course is non-repeatable for credit.
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3.00 Credits
Prerequisites: ECON 2105 & 2106, or ECON 2100. This course deals with non-market behavior from an economic perspective. The behavior of voters, politicians, committees, bureaucracies, special interest groups and lobbyists, among others, are analyzed from the standard self-interest model in economics. The course material has an overlap with topics from political science.
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3.00 Credits
Prerequisites: ECON 2105 & 2106, or ECON 2100. This course presents an economic analysis of numerous interesting and controversial current social issues. Topics include the economic effects of legalized gambling, drugs, alcohol prohibition, and prostitution; private markets for human organs; polygamy; and other current issues. A major focus is the unintended consequences of prohibiting mutually-beneficial voluntary transactions.
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3.00 Credits
Prerequisite: ECON 3600. This course is designed to provide students with an overview of labor economic theory and its practical applications. The course will concentrate on labor supply and labor demand and how economic conditions affect labor markets and individual labor supply and demand decisions. Topics of interest include: investment in human capital, wage policies of workers, minimum wage/living wage legislation, labor market discrimination, public policy, labor unions, and unemployment. Emphasis will be placed on how public policy affects labor markets and how labor markets affect public policy. After completion of he course, a student should be able to evaluate how changing economic conditions and changes in public policy will affect the labor market, individuals and businesses.
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3.00 Credits
Prerequisites: ECON 2105 & 2106, or ECON 2100. A study of how economic forces can lead to environmental degradation and how the same forces can be directed to enhance environmental quality. Topics include resource and environmental valuations, property rights and externalities, market failure, alternative solutions and policies, problems in monitoring and enforcement, economic analysis of the development of legislation and regulation, and applications to current policy issues.
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3.00 Credits
Prerequisites: ECON 2105 & 2106. A study of macroeconomic theory, including types and causes of inflation, fiscal and monetary policy, and the impact of international trade on the economy.
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3.00 Credits
Prerequisites: ECON 2105 & 2106 or ECON 2100. A study of the nature of money and of the development of banking in the United States. Consideration of functions of money, the types of money used in early banking practices, modern financial institutions, the Federal Reserve System, and foreign exchange.
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3.00 Credits
Prerequisites: ECON 2105 and 2106, or ECON 2100. A study of the principal institutions and markets of the financial system and their role in the intermediation process. Topics include: Analysis of money and capital market instruments, innovations and regulations, interest rate determination and relationships, financial policies of financial intermediaries; international aspects of financial markets. This course is non-repeatable.
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