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  • ECON 222: Environmental Economics

    3.00 Credits
    Bates College

    The preservation of environmental quality and the struggle of people to improve their economic circumstances are often in conflict. This course explores the economic basis of environmental problems and examines alternative policies aimed at reducing environmental degradation. Among the topics are the deficiencies in the market system and existing property-rights system that contribute to environmental problems, cases where public intervention offers the potential for improvement, cases amenable to market-based approaches, and the public-policy tools available to promote environmental goals. Prerequisite(s) or corequisite(s): Economics 101 or 103. Open to first-year students. Enrollment limited to 25. Normally offered every year. L. Lewis.
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  • ECON 223: Law and Economics

    3.00 Credits
    Bates College

    This course introduces the use of economic methods to examine laws and legal institutions. The fundamental concepts of economics-scarcity, maximization, and marginal analysis are used to predict the effect of legal rules on behavior, and to evaluate how well a particular rule achieves its intended end. At another level, civil law may be viewed as another system of resource allocation and wealth distribution, as the legal system is often used to craft a remedy when markets fail in their allocative role. Topics may include property law, contract law, accident law, family law, criminal law, and copyright and trademark law. Prerequisite(s): Economics 101. Not open to students who have received credit for Economics s35. Enrollment limited to 20. J. Hughes.
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  • ECON 228: Antitrust and Regulation

    3.00 Credits
    Bates College

    This course analyzes economic-policy issues of government intervention in the private sector through antitrust and regulatory policies. Specific topics examined include theories of monopoly and competition, the evolution of United States antitrust policy, key antitrust issues and cases, regulation of natural monopoly and oligopoly, capture theory, and comparative antitrust and regulatory policies. Prerequisite(s): Economics 101. Open to first-year students. C. Schwinn.
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  • ECON 230: Economics of Women,Men,and Work

    3.00 Credits
    Bates College

    An examination of the changing roles of women and men in the market economy. Introductory topics include the family as an economic unit, discrimination, and occupational segregation. Other topics include the economics of marriage, fertility, divorce, child care, and the growing feminization of poverty. The final section of the course examines the feminist critique of the assumptions and methodology of neoclassical economics, and the potential for incorporating these insights into the practice of economics. Prerequisite(s): Economics 101. Open to first-year students. Enrollment limited to 22. J. Hughes.
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  • ECON 233: Economics of Unhealthy Behaviors

    3.00 Credits
    Bates College

    People regularly engage in risky and unhealthy behaviors. This course examines the underlying economic concepts and social implications for such behaviors in the context of the U.S. health care system and other government policies. As they gain a firm understanding of public and private health insurance and health care delivery systems, students explore the economics of behaviors that contribute to the demand for health care. Such behaviors may include overeating, under-exercising, drug abuse, drunk driving, unsafe sex, suicide, and compulsive gambling. Prerequisite(s): Economics 101. Enrollment limited to 25. Normally offered every year. N. Tefft.
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  • ECON 237: Introduction to Behavioral Economics

    3.00 Credits
    Bates College

    An introduction to the frontier region between economics and psychology as explored by economists. The course examines intertemporal choices, choices made under uncertainty, choices shaped by altruism, financial choices, and choices to punish. The course also considers applications of behavioral economics to public policy. Prerequisite(s): Economics 101 and one of the following: Biology 244, Economics 250, Mathematics 315, or Psychology 218. Enrollment limited to 22. M. Murray.
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  • ECON 250: Statistics

    3.00 Credits
    Bates College

    Topics include probability theory, sampling theory, estimation, hypothesis testing, and linear regression. Prospective economics majors should take this course in or before the fall semester of the sophomore year. Open to first-year students. Enrollment limited to 36. [Q] Normally offered every semester. C. Schwinn, N. Tefft.
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  • ECON 255: Econometrics

    3.00 Credits
    Bates College

    Topics include multiple regression using time series and cross-sectional data, simultaneous equation models, and an introduction to forecasting. Prerequisite(s): Economics 250 and Mathematics 105. [Q] [W2] Normally offered every semester. M. Murray, C. Schwinn.
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  • ECON 260: Intermediate Microeconomic Theory

    3.00 Credits
    Bates College

    Compares models of perfect competition and market failure, with emphasis on the consequences for efficiency and equity. Topics include consumer choice, firm behavior, markets for goods and inputs, choice over time, monopoly, oligopoly, monopolistic competition, externalities, and public goods. Prerequisite(s): Economics 101 and Mathematics 105. [Q] Normally offered every semester. J. Hughes.
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  • ECON 270: Intermediate Macroeconomic Theory

    3.00 Credits
    Bates College

    This study of national income determination includes movements involving consumption, saving, investment, demand for money, supply of money, interest rates, price levels, wage rates, and unemployment. Monetary policy, fiscal policy, inflation, and growth models are considered. Prerequisite(s): Economics 101 and 103 and Mathematics 105. [Q] Normally offered every semester. D. Aschauer, Staff.
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