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Course Criteria
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4.00 Credits
An examination of the economic factors leading to environmental degradation and the range of policy options available to limit their action. Theories based on externalities and property rights are introduced and command and control, economic incentive, and market-based approaches to environmental regulation are evaluated and compared.
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4.00 Credits
An examination of the factors that determine the prices of natural resources and their rate of exhaustion. Concepts of dynamic efficiency and sustainability are used to analyze the utilization and management of renewable and nonrenewable resources.
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4.00 Credits
An examination of the economic theories of the labor market as they apply to gender and race issues. Determinant of male-female and black-white wage and occupational differences and theories of racial and sexual discrimination in the market are studied. The role for public policy in reducing indiscriminatory differentials is analyzed.
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4.00 Credits
An examination of the characteristics of the poor in the United States and around the world. Current measures of poverty and inequality are examined in context of the trends in poverty over time and the causes of poverty and income inequality. The fundamental efficiency and equity concerns of social welfare policy are investigated. The class examines other key topics using real world examples, such as poverty and race, gender, immigration, education, and international development strategies on extreme poverty. Prerequisite: One micro-based or one macroo-based introduction to economics course."
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4.00 Credits
A field has emerged at the intersection between traditional economics and business. It involves new understandings of how organizations succeed within their competitive environments and the roles managers play in fostering success. To recognize this area of specialization, the department offers a track in Managerial Economics within the major. This program is an especially appropriate preparation for a career in management or related fields (e.g., law, public policy, or entrepreneurship) or for graduate education in these areas. Through case studies, internships, and interactions with practicing managers, students learn how economic theory and quantitative methods can be used to solve managerial and business problems. To complete this track students must take Economics 100 and 101; Economics 240 as one of the two 200-level elective courses; Economics 160; Economics 300, 310, and 320; and Economics 440 plus one other 400-level elective, which can be replaced by 360 or 370. As with the standard major, a seminar (580's series) and Senior Project is required. The Managerial Economics junior seminar, Economics 588, is recommended.
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4.00 Credits
A study of the acquisition and use of resources by local governments. special attention will be give alignment of responsibilities and fiscal resources levels of government and the impact of these arrangements on the provision and production of services.
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4.00 Credits
An introduction to game theory and its economic applications. The course begins with the fundamental theories of interactive decision making. Advanced topics may include the analysis of brinkmanship, strategic voting, bidding and auction design, bargaining, and the analysis of non-competitive market structures.
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4.00 Credits
An investigation of the contributions of economic core areas of the law, e.g., property, contracts, procedure and criminal law and procedure. The course compares economic and non-economic theories of law address the strengths and limitations of the economic approach. Prerequisites: One micro-based introduction to economics course.
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4.00 Credits
An examination of the competing interests of the users, providers, and financers of health care. An exploration of reform proposals by these three groups in terms of their economic feasibility is included. Another objective will be to frame questions of health care finance so as to better define the appropriate methodologies for their meaningful analysis. Students run through exercises in posing a well-defined question and designing an approach to its study including data sources and relevant relationships to be included in the analysis. Premicro-based and one macro-based introduction to economcs course.
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4.00 Credits
A study of international, economic relationships in practice. The bases of an international division international financial arrangements and agencies,payment problems, trade policies of nations, trade development, regional economic integration, and the multi-national corporation are among the principal topic
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