Course Criteria

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  • 3.00 Credits

    A seminar examining the common law and the legal system from the point of view of economic analysis. The focus is on the effect of the legal system on allocation of resources, both as a substitute for and a complement to the market system. Specific topics include the definition and allocation of property rights, the assignment of liability for accidents and defective products, and the role of damage remedies for breach of contract. Prerequisite: Economics 223. Four credit hours.
  • 3.00 Credits

    An examination of the structure, conduct, and performance of American industries to determine if the market process efficiently allocates resources to meet consumer demand. An economic analysis of the antitrust laws and an evaluation of their performances with reference to specific industries and cases. Prerequisite: Economics 223. Four credit hours.
  • 3.00 Credits

    An examination of specific regulated markets and the rationale for regulation in each. The economic effects of regulation on price, cost of production, and quality of product or service will be explored. The success of regulation will be evaluated relative to the market outcome that would be expected in the absence of regulation. Prerequisite: Economics 223. Four credit hours.
  • 4.00 Credits

    An appreciation and examination of masterpiece novels by 10 luminous Japanese writers, including two Nobel laureates. An examination of the ideas, feelings, and values expressed in and through these novels. No knowledge of Japanese required. Three or four credit hours. L, I. PRINDLE
  • 3.00 Credits

    An examination of the economic history of the 19th and 20th centuries, during which the size and scope of trade, migration, finance, and other forms of market integration increased dramatically. Topics include the large-scale globalization that occurred from 1800 to 1913; the period between World Wars I and II, a time of international economic disintegration; and the period of reintegration from the end of World War II to the present. Prerequisite: Economics 223, 224. Three credit hours. H. LONG
  • 3.00 Credits

    An introduction to economic models used to understand problems faced by developing countries. Topics covered, using both theoretical and empirical frameworks, include economic growth, poverty and inequality, demographic transition, household behavior, and the economic and policy implications of incomplete markets. Prerequisite: Economics 223 and 224. Four credit hours. BROWN
  • 3.00 Credits

    A course in advanced economic theory designed to provide students the fundamental mathematical tools necessary to prepare for graduate work in economics or business administration and for professional careers in the public or private sector. Topics include the development of portions of consumer and producer theory, the study of static and dynamic models, linear programming techniques, matrix algebra, and the consideration of general equilibrium analysis. Also listed as Mathematics 336. Prerequisite: Economics 224 and either Mathematics 122 or 162. Four credit hours. VULETIN
  • 3.00 Credits

    An examination of the monetary system of the United States. Topics include the determination and role of interest rates, the organization and operation of the banking firm, innovations and regulations of the banking industry, and the implementation and evaluation of monetary policies. Particular emphasis on the importance of financial markets in determining interest rates, influencing bank behavior, and affecting monetary policy. Prerequisite: Economics 224 and Mathematics 231 or 382. Four credit hours. FINDLAY
  • 3.00 Credits

    An analytical, not descriptive, research paper in economics, to be coordinated with an elective economics course in which the student is concurrently, or previously has been, enrolled. Required of all economics majors. Prerequisite: Permission of the instructor. Two credit hours. FACULTY
  • 3.00 Credits

    An analytical, not descriptive, research paper in economics, to be coordinated with an elective economics course in which the student is concurrently, or previously has been, enrolled. Required of all economics majors. Prerequisite: Permission of the instructor. Noncredit. FACULTY
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