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Course Criteria
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3.00 Credits
Analysis of the contemporary economic environment in Africa: political sociocultural identity and economic structure, trends in public and private capital flows, African regional and international economic institutions, trade development and relations with world markets, investment concessions and risk, with case illustrations from African countries. Prerequisite: Econ 210 or 211-212,, or permission of instructor Ahene
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3.00 Credits
This course examines economic thought and trends pertaining to Latin America from structuralism to neoliberalism. It explores how state ownership, private ownership, markets, and planning have been combined in attempts to achieve desired goals. Selected issues of economic importance in the region are addressed, including regional trade efforts such as NAFTA and native peoples' struggles over land rights. Country studies based on student research are used throughout. [W] Prerequisite: Econ 210, or permission of instructor; Econ 346 recommended Beckman
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3.00 Credits
A study of the economy of Russia from the beginning of the twentieth century: the economy on the eve of World War I, the Russian Revolution, Lenin's NEP, the Stalinization of the Russian economy, the period of stagnation under Brezhnev, the reforms under Gorbachev and Yeltsin, and current problems. Prerequisite: Econ 210 or 211 Heavey
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3.00 Credits
Employing an economic approach, this course explores the African American experience from their introduction as indentured servants in 1619-20 Jamestown to later importation as slaves. The course begins with the arrival of the first Africans to the Virginia colony, then traces the economics of the transition from servitude to slavery, from tobacco slave culture centered in the Chesapeake region to cotton culture in the Deep South, from slavery to freedom, and the slow transition to even a semblance of racial equality. Topics include economic consequences of the broken promise of "40 acres and a mule," segregation and Jim Crow, the Great Depression and the apparent abandonment of African Americans by the New Deal, policy changes wrought by the Civil Rights Movement, and affirmative action. Prerequisite: Econ 211, 212 Bodenhorn
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3.00 Credits
This course examines the functional elements of business in Europe. Issues include the economic environment and economic policies, the methods of business formation, how firms raise capital, how cultural characteristics affect the marketplace, the legal and tax environment and the labor markets. Consideration of the structure of the European Union and its impact on business are also discussed, particularly in light of the new member countries expecting to join in 2004. Prerequisite: Econ 211, 212 (or 210) and 218 Bukics
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3.00 Credits
What products do firms decide to introduce How do they price and promote existing products Drawing from knowledge in the areas of microeconomic theory and strategic marketing, students use analytical modeling, case study, and computer simulation methods to explore techniques as well as ethics and economic efficiency of product promotion, pricing, and differentiation in today's diverse and evolving markets.[W] Prerequisite: Econ 211 or permission of instructor Ruebeck
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3.00 Credits
Although the pervasive assumption in microeconomics is that firms know their markets demand functions, understanding how firms actually acquire this information requires studying the well-established techniques embodied in the field of marketing research. Consumer demand features studied include preferences among existing products, new product development, competitive analysis, and customer satisfaction. Research design, data collection methods, sampling issues, and data analysis using basic and advanced statistical techniques are covered. Students apply econometrics to the task of understanding consumers' needs. Prerequisite: Economics 211 and Economics 213 Staff
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3.00 Credits
Econometric analysis is a blend of mathematics, statistics, and economic theory. It focuses on the development of multiple regression models useful for testing economic relationships and making business forecasts. The multiple regression model and problems encountered in its application are developed in lecture and individual applied research papers. Topics include serial correlation, heteroscedasticity, simultaneous equations, limited dependent variable models. Special attention is given to the matrix algebra determination of estimators. Prerequisite: Mathematics 272 or 275, 336, 176, 186 or 336; Econ 211, 212 (one of the preceding can be taken concurrently) Averett, Bruggink
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3.00 Credits
The twin objectives of this course are to 1) introduce students to macroeconometric theory and techniques and 2) provide students with practice applying those techniques. The topics covered in the course are: Solow Growth, Okun's Law, the Phillips curve and monetary policy. Techniques covered include time series decomposition, vector autoregressions and conintegration. The course involves frequent use of econometric software to provide students with experience in applying the techniques discussed in class. Prerequisite: Econ 365 (may be taken concurrently), Math 272 Gamber
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1.00 Credits
A one-semester course that emphasizes the practical application of economics and business management principles. A limited number of students are placed in either community business organizations or governmental agencies. Under the direction and supervision of a designated internship sponsor, the student completes a training program and a practical work project. Internships do not count toward the elective courses required in the major. Permission of instructor required. Averett
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