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  • ECON 103: Principles of Macroeconomics

    3.00 Credits
    Case Western Reserve University

    While Microeconomics looks at individual consumers and firms, Macroeconomics looks at the economy as a whole. The focus of this class will be on the business cycle. Unemployment, inflation and national production all change with the business cycle. We will look at how these are measured, their past behavior and at theoretical models that attempt to explain this behavior. We will also look at the role of the Federal Government and the Federal Reserve Bank of the United States in managing the business cycle.
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  • ECON 120: Life After Graduation

    1.00 Credits
    Case Western Reserve University

    This is a one-credit seminar intended for freshmen, sophomores and juniors. The purpose of the class is to help students understand what career choices they will have with an economics major. During this course, students will assess their strengths and weaknesses, learn networking tools, and explore the options available to them. The class will meet once a week for an hour. Graduating seniors need to obtain permission to enroll. Students may not earn credit for ECON 120 if they have completed MGMT 250.
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  • ECON 255: Economic History of the United States

    3.00 Credits
    Case Western Reserve University

    The growth of the American economy from the colonial period to the present. Competing explanations of economic growth; significant attention to the political and legal environment in which the U.S. economy developed; "lessons" of past experience for contemporary policy; some attention to inequality and the changing distribution of wealth and income. Offered as ECON 255 and HSTY 255.
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  • ECON 301: Entrepreneurial Strategy

    3.00 Credits
    Case Western Reserve University

    This course is designed to show students how to identify potential business opportunities, determine what constitutes a good business model, and to strategically implement a business proposal. Topics of focus include an overview of the entrepreneurial process, determinants of venture success in high tech and other business environments, and strategies for industry entry and venture growth. Offered as ECON 301 and ENTP 301. Prereq: ACCT 101 or ACCT 203. Coreq: At least sophomore standing.
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  • ECON 307: Intermediate Macro Theory

    3.00 Credits
    Case Western Reserve University

    Macroeconomics studies aggregate indicators of the performance of an economy, most commonly measured in terms of GDP, unemployment rate and inflation rate. An important goal of macroeconomic researchers is to develop a model of an economy that is simple, yet powerful enough to explain the historical trends of these aggregate economic indicators. Needless to say, coming up with a good model has remained a very difficult task. So far, there is no single model that is good enough to coherently explain even the most prominent historical trends of aggregate economic indicators. But several models have been built, each offering insight into a certain aspect of the economy. Throughout the course model building is motivated by real world cases from the American economy. Prereq: ECON 102 and ECON 103.
    ShareECON 307 - Intermediate Macro Theory
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  • ECON 308: Intermediate Micro Theory

    3.00 Credits
    Case Western Reserve University

    This class will give you an overview of microeconomic theory, which forms a basis for much of economic analysis. The main focus of the class will be theoretical, in order to give you a solid foundation for future study in virtually any other field of economics. This includes the theory of how consumers decide what to consume and how firms decide when to stay in business, and how much to produce at what price. Note: a student cannot receive degree credit for both ECON 308 and ECON 309. Prereq: ECON 102.
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  • ECON 309: Intermediate Micro Theory: Math Based

    3.00 Credits
    Case Western Reserve University

    This course will cover the same topics covered in Economics 102: theory of the consumer, theory of the firm, markets and government intervention in the market. However, we will cover these topics in more detail and we will use calculus in our analysis. You should come away from this course with a greater understanding of how consumers and firms make their decisions and how they interact in the market place. Note: a student cannot receive degree credit for both ECON 308 and ECON 309. Prereq: ECON 102, MATH 121 or MATH 125.
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  • ECON 311: Entrepreneurship and Wealth Creation

    3.00 Credits
    Case Western Reserve University

    This course teaches students how to find, value, and finance the acquisition of a business, culminating in the class negotiation with a business owner to buy his/her business in a live simulation. Students will be exposed to the concepts and tools needed to successfully acquire a company. Negotiation strategies will be explored. Entrepreneurial Leadership approaches on how to grow and manage the business, once it is owned will also be presented, including how to create a strategic plan. The course also features a real-start up of a business. Student teams will each be given $1000 of seed capital. Learnings include how to select a product, and how to develop and execute a marketing plan. Students will meet top merger-acquisition experts and be exposed to some of Cleveland's most respected entrepreneurs. Offered as ECON 311 and ENTP 311.
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  • ECON 326: Econometrics

    3.00 Credits
    Case Western Reserve University

    Econometrics is the application of statistics to empirical economic analysis. One way of testing the validity of economic theories is to gather data and apply statistical tests to see if the data support the theory. These data are usually gathered by observing actual economies, firms and consumers, rather than by performing experiments in a laboratory. Because economic analysts lack the precision and control of the laboratory, they must compensate by adjusting their statistical procedures. In this class, we will concentrate on regression analysis, which is the basic tool of the economic researcher. We will study the assumptions commonly made in the application of this technique, the consequences of violating these assumptions, and the corrections that can be made. Students will have a chance to formulate and test their own hypotheses using econometric software available for personal computers. Recommended preparation: One semester of statistics or consent of instructor. Prereq: ECON 102 and ECON 103 and (STAT 207 or OPRE 207).
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  • ECON 327: Advanced Econometrics

    3.00 Credits
    Case Western Reserve University

    This class builds on the foundations of applied regression analysis developed in ECON 326. The goal of the class is to equip students with the tools to conduct a causal analysis of a hypothesis in a variety of settings. Topics will include causality, panel and time series data, instrumental variables and quasi-experiments, semi- and non-parametric methods, and treatment evaluation. Prereq: ECON 326.
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