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ECON 341: Industrial Organization and Public Policy
1.00 Credits
Willamette University
This course examines the relationship between market structure, conduct of firms, and market performance. Emphasis is on determining optimal public policy toward mergers, concentrated markets, and anticompetitive practices. Conflicting schools of thought and their implications for public policy are examined. Topics include specific monopoly and oligopoly behaviors, cartel theory, public policy toward mergers among large corporations, and antitrust case history. Prerequisite: ECON 122 Offering: Alternate years Instructor: Whiting
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ECON 341 - Industrial Organization and Public Policy
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ECON 345: Environmental Economics
1.00 Credits
Willamette University
The economic paradigm can make important contributions to understanding and alleviating environmental problems. This course examines the shortcomings of the market mechanism for allocating environmental resources and of public policies for mitigating environmental degradation. Topics include externalities, common property resources, public goods, property rights and cost-benefit analysis. Special consideration will be given to several contemporary environmental problems. Prerequisite: ECON 122 Offering: Fall Instructor: Negri, Sivers Boyce
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ECON 345 - Environmental Economics
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ECON 347: Public Finance
1.00 Credits
Willamette University
The course focuses on government provision of goods and services. Economic analysis is used to explore why governments provide goods and services, how governments select particular projects and programs, and why various taxes, user fees, debt and intergovernmental transfers are used to finance government expenditures. Generally offered when the Oregon Legislature is in session, this course draws on current issues and personnel from state government to clarify and illustrate abstract concepts. Prerequisite: ECON 122 Offering: Alternate years Instructor: Mascarenhas
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ECON 347 - Public Finance
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ECON 351: Comparative Economic Systems
1.00 Credits
Willamette University
This course examines the nature and performance of different economic systems in theory and practice. Included are capitalist market economies, centrally planned economies, socialist market economies and the economic systems utilized in various utopian writings and experimental communities. The challenges of reforming the economies of the People's Republic of China, East European countries and the republics of the former Soviet Union serve as a contemporary theme for this course. Prerequisite: ECON 122 Offering: Alternate years Instructor: Taylor
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ECON 351 - Comparative Economic Systems
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ECON 352: The Economics of Developing Countries
1.00 Credits
Willamette University
This course examines the structural characteristics of developing countries and major theories of economic development. Specific topics will include land reform, agriculture and industrialization, population and employment policies, the role of money and capital markets in development, trade and development, the impact of aid and foreign investment, and strategies for development planning. Prerequisite: ECON 122 Offering: Alternate years Instructor: Liang, Mascarenhas
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ECON 352 - The Economics of Developing Countries
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ECON 353: International Economics
1.00 Credits
Willamette University
This course examines the workings of the international economy with an emphasis on current policy issues. Economic theory will be used to study the effects of trade among nations, the factors which influence trading patterns and the effects of trade restrictions such as tariffs. Financial relationships among nations and the functioning of the international monetary system will also be explored. Other topics include the role of trade in economic growth and development and the impact of foreign investment and the multinational corporation in both advanced and developing nations. Prerequisite: ECON 122 required; ECON 123 preferred Offering: Every fall Instructor: Liang, Mascarenhas
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ECON 353 - International Economics
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ECON 357: Intermediate Microeconomics
1.00 Credits
Willamette University
This course explores modern theories of the behavior of households and business firms in determining prices, the mix of goods and services produced in the economy, the allocation of scarce resources and the distribution of income and wealth among the participants in a market economy. The successes and failures of different types of markets are considered along with public policies aimed at improving the performance of markets. Prerequisite: ECON 122, MATH 141 or equivalent Offering: Every semester Instructor: Frew, Sivers Boyce, Whiting
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ECON 357 - Intermediate Microeconomics
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ECON 358: Intermediate Macroeconomics
1.00 Credits
Willamette University
This course examines theories of how consumption, investment and government spending behavior influence the total level of economic activity in an economic system and the impact of foreign trade on the national economy. Also explored are the ways in which government spending, taxation and monetary policies influence unemployment, inflation and the rate of economic growth. Prerequisite: ECON 123 Offering: Every semester Instructor: Gray, Liang, Taylor
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ECON 358 - Intermediate Macroeconomics
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ECON 362: Health Care Economics
1.00 Credits
Willamette University
This course examines the supply and demand for health care services and the technology used in health care production. It examines social insurance, HMOs, health care reform and advertising about health care. It also looks at labor markets and professional training in health care. Prerequisite: ECON 122 Offering: Alternate years Instructor: Frew, Gray
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ECON 362 - Health Care Economics
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ECON 394-395: Major Program Internship
2.00 Credits
Willamette University
Supervised interns apply and extend principles developed in the Economics majors in public and private sector placements. Students accepted for this course will normally have second-semester Junior or Senior standing and will have completed most of the courses required for the Economics major. Interns work 10-12 hours a week at the internship site, complete an analytical paper based on a project under the guidance of the instructor and the off-campus internship supervisor, and attend periodic class meetings with other interns. Two credits are granted only in exceptional circumstances. Prerequisite: Consent of instructor Offering: Spring Instructor: Gray, Negri
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ECON 394-395 - Major Program Internship
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