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Course Criteria
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3.00 Credits
A study of the public sector of the economy that includes the theories of public revenues and expenditures, the tax structure of American governments including analysis of the rationale and consequences of major taxes, and major expenditure programs. Fiscal problems of state and local governments and intergovernmental fiscal relations are also examined. Prerequisite: Econ 211, 212, or permission of instructor Staff
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3.00 Credits
This course is a study of the role of government in the economy: when should government intervene, how does it intervene, and what is the effect of interventions on economic outcomes These issues are examined using the tools of economic theory and statistics, with emphasis on applications and analysis of policies in the U.S. and other countries. Prerequisite: Econ 211, 213. Offered: Every semester Crain
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3.00 Credits
A study of the growth and development of the American economy from the Jamestown colony to the Cold War. The course introduces students to the fundamental debates concerning the importance of various historical episodes and institutions that forged the modern American economy. Underlying the historical analysis is the explicit use of economic models and theories. Wherever possible analogies between historical experience and contemporary issues are drawn providing useful and often unique insights. Prerequisite: Econ 211, 212 Bodenhorn
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3.00 Credits
Political economy examines issues that lie on the boundary of political science and economics. At one level, the course uses the tools of modern economics to examine behavior in political settings: why people vote, make campaign contributions, run for political office, favor specific legislative programs, and so forth. At another level, the course seeks a rich understanding of economic policymaking by considering the role of political institutions and non-market incentives. Prerequisite: Econ 211, 213. Offered: Every semester Crain
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3.00 Credits
An introductory survey of the economic structures and behavior of developing countries and how these factors influence their approach to the challenges of reducing poverty, improving health and education, and increasing their productive capacity and national and per capita income. The course examines the applicability of conventional economic logic and analytical tools to developing economies. Competing paradigms of development and the implications of different sets of behavioral assumptions are explored. Prerequisite: Econ 210 or 211-212, or permission of instructor Ahene, Beckman
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3.00 Credits
An examination of the elements of capitalism, socialism, markets and planning and of their applications worldwide. Special emphasis is given 1) to economies currently moving from socialist planned forms of economic organization to market capitalism, found primarily in Eastern Europe, Russia, and in former republics of the Soviet Union, and 2) to developing nations currently privatizing many state-owned enterprises and strengthening their reliance on market forces. Prerequisite: Econ 101 and 210, or 211-212, or permission of instructor Beckman
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3.00 Credits
Employing an economic approach, this course explores a number of topics relevant to an understanding of the American experience. It is a course about economic growth and development. Students study a number of institutions and developments believed to be critical to the United States ascendancy from a marginal country on the periphery of the Atlantic economy to the dominant economy in an increasingly globalized world. The course begins with a discussion of what makes a firm a firm, why they exist, and their special advantages, then explores the nature of entrepreneurship. What makes entrepreneurs tick What makes them successful Is it a unique vision Is it a capacity to organize resources and motivate people Next, students study several specific businesses. How did they develop successful managerial structures that became self-perpetuating Finally, the course turns to modern business and its response to the competitive and regulatory environment. Prerequisite: Econ 211, 212 Bodenhorn
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3.00 Credits
This course provides students with an understanding of the international monetary system. The course examines the foreign exchange market and the role that governments play in this market. A review of previous and current exchange rate systems and an analysis of international capital markets is provided. Prerequisite: Econ 210 or 211-212, or permission of instructor, and junior/senior standing DeVault
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3.00 Credits
This course examines the mechanics of doing business abroad and thoroughly explores the challenges that management faces today within an international environment. The greater the number of countries in which a corporation operates, the more "multinational" it is. More specifically, students are introduced to the field of global strategic management and are provided with a good understanding of the fundamental importance of cultural, economic, political, and environmental factors in the growth of global business and investment. Prerequisite: Econ 210, or 211-212, 218 Ahene
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3.00 Credits
This course examines the ways in which international trade in goods and services is regulated through trade policy. This course has several objectives: 1) to provide students with an understanding of how and why international trade is regulated, 2) to demonstrate to students how particular trade policies affect international trade and international economic welfare, and 3) to expose students to the economic and political forces that shape international trade policy. Prerequisite: Econ 210 or 211-212, or permission of instructor DeVault
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