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Course Criteria
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4.00 Credits
Prereq.: ECON 100 and 101 or consent of the instructor. Analyzes contemporary U.S. capitalism through the prism of class, with emphasis on Marx's economic theory of class structures, surplus, exploitation, competition, contradiction, and crisis. Critically compares Marxian economic theory to neoclassical and Keynesian theories. Combines lectures and discussions, and develops critical thinking through critical writing. Aoki.
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4.00 Credits
Prereq.: ECON 101. Examines the U.S. monetary and financial systems, monetary theories, and monetary policy. Surveys theories of interest rates, theories of the interaction between the economys monetary and productive sectors, and monetary policy. Places monetary theories within the context of broad economic debates. Tracks current developments in monetary policy and financial markets, analyzing impacts on financial processes and the economy. Aoki.
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4.00 Credits
Prereq.: ECON 100. Analyzes government spending and taxes at the national, state, and local level. Topics include growth in government, the future of the income tax in the U.S., expenditure programs for the poor, financing health care and education, the Social Security system, and the relationship among various local, state, and federal governments. Staff.
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4.00 Credits
Prereq.: ECON 100 and 101 or consent of the instructor. Examines the government regulation that directly guides, restricts, and overrules private decision making in the U.S. economy. Overview of such regulation along with in-depth analysis of such cases as pharmaceutical drug regulation, environmental protection, and electric utility regulation. Emphasizes recent trends and ongoing debates about appropriate regulation. Basch.
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4.00 Credits
Prereq.: ECON 100 and 101 or consent of the instructor. Analyzes the extent and nature of business competition among business firms in the US. Particularly focuses on those cases where structure and conduct are purported to deviate significantly from conditions of perfect competition. Examines antitrust policy as a means of improving the performance of American industry. Basch.
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4.00 Credits
Prereq.: ECON 100 and 101. Examines the application of economic analysis to managerial decisions concerning output, market performance, competitive behavior, and production efficiency. Utilizes quantitative techniques appropriate to demand estimation, price determination, market share strategies, and resource allocation in profit and not-for-profit enterprises. Sawtelle.
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4.00 Credits
Analyzes environmental problems and policies, with emphasis on the difficulties of measuring environmental costs and benefits. Considers pricing incentives vs. direct control approaches to regulating water pollution, air pollution, atmospheric change, and acid rain, and the disposal of solid and hazardous wastes. Sawtelle.
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4.00 Credits
Prereq.: Consent of the department. Directed study addresses coursework required for the major or degree not being offered formally that semester. Students work under the close supervision of a faculty member. Consent is required for a directed study, which does not count toward the independent learning requirement. Staff.
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4.00 - 8.00 Credits
Prereq.: Consent of the department. Staff.
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