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Course Criteria
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3.00 Credits
Examines current events in international trade. The emphasis of this course is on current trade policy debates in theWTO agenda. It investigates topics such as the expansion of regional trade agreements, environmental and labor standards, the TRIPs agreement, agricultural protection and market access, trade in services, and electronic commerce . Does not meet a distribution requirement Prereq. jr, sr, Economics 216: 212 recommended, 1 meeting (3 hours); alternates with Economics 313; 4 credits
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4.00 Credits
(Speaking-intensive course) This seminar is built around an international conference to be held at MHC November 14-1 , 2008. Some of the leading heterodox development economists, who are currently challenging neoliberal development theory, will participate in the conference. The bulk of the seminar will build up to the conference by exploring the prominent writings of these participants. Industrial policy, broadly defined to include supportive trade, technology, employment, finance, infrastructure, competition, and institutional policies will be the main focus of this course (structural adjustment is the core element of the neoliberal approach). Meets multicultural requirement; does not meet a distribution requirement S. Khan Prereq. jr, sr, permission of instructor, written application prior to academic advising period in department office; Economics 213 and either 216 or 217; 2 meetings (75 minutes); 4 credits; 4 credits
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3.00 Credits
Study of the historical development of economics by reading the original works of the "great masters": Smith, Ricardo, Marx, Marshall,and Keynes. Also examines the influence of the social context in which these theories were developed. Provides a historical perspective on modern microeconomics and macroeconomics - how these modern theories are similar to and different from earlier theories. Does not meet a distribution requirement F. Moseley Prereq. jr, sr, Economics 211 and 212; 4 credits
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3.00 Credits
A study of advanced statistical methods in quantifying economic theory. Emphasis on the practical application of regression analysis to test economic theory, especially where the assumptions underlying ordinary least squares analysis are violated. Examines several different subjects that illustrate empirical economic research. Does not meet a distribution requirement M. Robinson Prereq. jr, sr, Economics 211, 212, 220; 4 credits
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3.00 Credits
A seminar course in the comparative analysis of variant types of capitalist and noncapitalist social formations and the transition of social formations from one set of prevalent characteristics to a new and radically different set. The course focuses upon economic phenomena; the role of cultural, political, and environmental processes in shaping economic differences between societies is also discussed. See http://www.mtholyoke.edu/ courses/sgabriel/321.htm for a more detailed description. Meets multicultural requirement; does not meet a distribution requirement S. Gabriel Prereq. jr, sr, Economics 211 and 212; or permission of instructor; Economics 213 recommended; 4 credits
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3.00 Credits
This course allows students who have taken Corporate Finance (Economics 215) to pursue more advanced topics in the field. Among the topics to be covered are hedging, options and derivatives, agency theory, behavioral finance, costs of financial distress, asset pricing for state-owned enterprises, and theories of corporate control and regulation. See http://www.mtholyoke.edu/courses/sgabriel/ 317.htm for a more detailed description. Does not meet a distribution requirement S. Gabriel Prereq. Economics 215 and 220; 4 credits
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3.00 Credits
Monetary theory and policy. Overview of financial markets and institutions. Explores the nature of money and the effects of changing money supply on the economy, theories of money demand, the various methods by which monetary policy can be conducted and the advantages and disadvantages of each, methods of banking regulation and the attendant problems that arise, and important episodes in monetary history (e.g., the Great DepressioMount Holyoke College Bulletin & Course Catalno) g.ue 2008 - 2009 Does not meet a distribution requirement J. Hartley Prereq. jr, sr, Economics 211; Mathematics 101 recommended; 4 credits Fall 2008 349fs Economics of Cyberspace Explores the impact of the Internet on finance, commodity and labor markets, intellectual property rights, provision of government services and tax/fee collections, and a wide range of other economic activities. We investigate whether cyberspace and related technologies represent the inauguration of a new epoch, with implications for the creation of new economic (and social) relationships and requiring new economic theories. We also examine the continuing struggle between governments and Internet-related or supporting businesses and individuals over regulation of cyberspace and examine the possibility that governments may short-circuit some of the beneficial aspects of cyberspace. S. Gabriel Prereq. Economics 211 and 212; 4 credits Spring 2009 349s(01) Empirical Research in Economics: Globalization and Development We will explore--theoretically and through applied research--one of the most hotly contested issues in development economics: how globalization affects the development prospects of developing countries.We will study different theories and existing empirical evidence on the impact of transnationalized production, international trade, and global capital flows on economic development. Using econometric tools, each student will spend a large part of the course undertaking applied research in one of these areas. E. Paus, M. Robinson Prereq. jr, sr, Economics 213 or 216 or 217 and, past or current enrollment in Economics 320; 4 credits.; 4 credits
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3.00 Credits
This seminar is designed to prepare students to do independent research in economics. It is meant especially, but not exclusively, for students who are considering writing a thesis in economics during their senior year. The course is a study of how to do research in economics. The topics include how to find a suitable research topic, how to find literature and data relating to the topic, how to read professional economic work, how to work with theoretical economic models, and how to devise and evaluate empirical tests of a hypothesis. Course graded on a credit/no credit basis. Does not meet a distribution requirement Prereq. jr; 2 credits
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3.00 Credits
This seminar is organized around students who are writing honors theses. It is meant to provide a group context for the thesis-writing process, where students present their research at various stages, critique each other's work, and discuss similarities and differences in the analytical processes they are working through. Course graded on a credit/no credit basis. Does not meet a distribution requirement F. Moseley Prereq. sr; 2 credits
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8.00 Credits
Each student carries out a research project of her own choice under close faculty supervision and submits a documented paper on her findings. Does not meet a distribution requirement The department Prereq. jr, sr, Economics 211 and 212, and permission of instructor; 1 to 8 credits
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