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  • EC 325: Economics of Health Care

    3.00 Credits
    Saint Michael's College

    Study of health care systems in theory and in practice. Topics include the dynamics of insurance markets; the scope for competition in health-care provision; the causes for rising costs; and the incentive for innovation. The implications of these dynamics for different health care systems will be explored. Different health-care systems including Canadian-style government provision, European-style single payer, and the U.S. public/private hybrid will be evaluated on the ground of access, quality, and cost. Student teams will design health-care systems for fictional countries. Prerequisites: EC 101 or EC 103 Credits: 4 cr.
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  • EC 327: Topics in Economics

    3.00 Credits
    Saint Michael's College

    Intermediate seminar, the subject matter of which will vary from year to year. Prerequisites: EC 101 or EC 103. Credits: 4 cr. Misc. Notes: Enrollment will be limited and preference given to juniors. Consult with the instructor before enrolling to ascertain topics to be studied.
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  • EC 331: Economics of Labor Markets and Income Distribution

    3.00 Credits
    Saint Michael's College

    Analysis of current labor market theories and experience. Topics include labor force characteristics, labor supply and demand, wages, human capital investment, discrimination, income inequality, and unemployment. Also included is an appraisal of the effects of unions and of government policies on the economic position of labor. Prerequisites: EC 101 or EC 103. Credits: 4 cr.
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  • EC 333: Economics of Education

    3.00 Credits
    Saint Michael's College

    Study of economic aspects of education, focusing both on individuals and education systems. Topics include the income returns to education and to college in particular; the rising cost of college; individual decisions about attending college; the productivity of public & private K-12 schools in the U.S.; the influence of incentives on that productivity; and the applicability of competitive markets to K-12 education. Prerequisites: EC 101 or EC 103. Credits: 4 cr.
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  • EC 335: Money and Banking

    3.00 Credits
    Saint Michael's College

    A study of the theories and institutions of the monetary and credit system. Focus is on the role of money and credit in the U.S. economy and their impact on such variables as prices, wages, and investment. The course will emphasize recent developments, with particular attention to recent regulatory changes and their impact on the effectiveness of monetary policy. Prerequisites: EC 101 or EC 103. Credits: 4 cr.
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  • EC 339: Economic Regulation,Deregulation and Anti-Trust

    3.00 Credits
    Saint Michael's College

    An examination of analytical and empirical problems in government policies toward business. Topics include market and government failures, antitrust and monopoly problems, and the effects of regulation and deregulation. Emphasis on economic analysis as a guide for the formulation and evaluation of government policy. Prerequisites: EC 101 or EC 103. Credits: 4 cr.
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  • EC 351: Environmental Economics

    3.00 Credits
    Saint Michael's College

    Study of the role of natural resources in the economy and the role of government in dealing with environmental problems. The course examines various environmental policy instruments and the application of benefit-cost and cost-effectiveness analysis in policy decision making. Current U.S. environmental policies are evaluated. Prerequisites: EC 101 or EC 103. Credits: 4 cr.
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  • EC 391: Introduction to Econometrics

    3.00 Credits
    Saint Michael's College

    A survey of economics devoted to the statistical testing of propositions derived from economic theory. Both the derivation and application of such tests will be covered, with emphasis on multiple regression analysis. No prior computer experience is required; students will be introduced to widely-used statistical programs such as SPSS and TSP. Prerequisites: EC 101 or EC 103 and one course in statistics. Credits: 4 cr.
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  • EC 410: Senior Seminar in Economics

    3.00 Credits
    Saint Michael's College

    The first semester involves a review of research methods and skills used in economics. Students will prepare an original research proposal on a topic of their choice. During the second semester they will complete the research, submit a final paper, and present results orally. Close guidance will be provided by the instructor. Credits: 3 cr. each semester Misc. Notes: Open only to senior Economic majors who have completed all other requirements for the major or who are concurrently completing the major by taking one or two 300-level courses. One course, two semesters.
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  • ED 231: Schools and Society

    3.00 Credits
    Saint Michael's College

    Focuses on the essence of teaching as a profession. Students engage in active observation of teaching and learning in schools, and in reflection on how their observations (approximately 20 hours) relate to issues in education. Students engage in a study of the learning processes and different learning theories. Students will understand and apply research on the learning process and how to facilitate learning in others. Credits: 3 cr. Misc. Notes: For education majors and licensure students only. Liberal Studies Requirement: Social Science/Organizational Studies
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