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Course Criteria
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1.00 Credits
A laboratory course for practical application of theory in DR 204. Technical participation in departmental rehearsals and productions is required.
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3.00 Credits
This course will provide an overview of microeconomic issues: price determination, supply, and demand. Of primary importance are the behavior of individuals/households and firms, and their impact on prices, and the supply and demand for goods and services. We introduce basic models of microeconomics. (F, S, Sum)
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3.00 Credits
Prerequisites: ECO 211 and 212. This course develops a general equilibrium theory of the economy at the intermediate level. Topics include the aggregate demand and supply model, the ISLM model, unemployment, international trade, economic growth, and monetary and fiscal policies. We further build upon models introduced in ECO 211. ( F)
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3.00 Credits
Prerequisites: ECO 211 and 212. This class presents microeconomic theory and applications of consumer and producer behavior at an intermediate level. This course focuses on the following topics: basic theory of consumer behavior; production and costs; partial equilibrium analysis of pricing in competitive and monopolistic markets; general equilibrium; welfare economics; and externalities. We further build upon models introduced in ECO 212. ( S)
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3.00 Credits
Prerequisites: ECO 211 and 212. This course is an introduction to the field of Labor Economics. We expect that this course will enable students to think critically about research and public policy issues. The emphasis is on applied microeconomics and empirical analysis. Topics to be covered include: labor supply and demand, taxes and transfer, human capital, minimum wages, income distribution, unions and strikes, immigration, incentives, discrimination, unemployment and unemployment insurance. (D)
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3.00 Credits
Prerequisites: ECO 211 and 212. This class introduces both theoretical and empirical approaches to analyzing economic growth and development. Accordingly, the role of labor, capital, and technological progress are investigated. Additionally, cultural/social institutions, income demographics, social/class conflicts, political/economic factors, macro/trade policies, financial sector development, etc., may be covered. In this class, basic growth models will be introduced. (F)
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3.00 Credits
Prerequisites: MATH 111, ECO 211 and 212. This course covers basic concepts of statistics: methods of describing numerical data; probability in business decisions; random variables; sampling distributions, estimation, and hypothesis testing; and correlation and regression. Use of statistical software is required. (F, S, Sum)
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3.00 Credits
Prerequisite: MATH 221. This course introduces students to a sample of the mathematical techniques that are used in economics and finance. Additionally, the course is designed to help students acquire the mathematical skills needed to understand the less technical economic and finance literature. In general, it should foster a solid mathematical intuition. (S)
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3.00 Credits
Prerequisites: ECO 211 and 212. This course focuses on an historical examination of the development of economic analysis and reasoning. Several schools of thought are examined. These include but are not limited to the following schools of thought: mercantilist, physiocratic, classical, institutionalist, Keynesian, and neo-classical. (F)
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3.00 Credits
Prerequisites: ECO 211 and 212. This course analyzes banking and currency in the United States. Also, the impact of policies regulating banks and non-bank financial institutions are covered. Central to this coverage is a review of the role of the central bank, money supply and demand, monetary policy, and interest rates. Particular attention is paid to the effects these items have on the economy. (F, S)
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