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Course Criteria
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4.00 Credits
Senior Research
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4.00 Credits
Honors Project
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4.00 Credits
Honors Project
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4.00 Credits
An introduction to the study of the aggregate national economy. Develops the basic theories of macroeconomics and applies them to topics of current interest. Explores issues such as: the causes of inflation, unemployment, recessions and depressions; the role of government fiscal and monetary policy in stabilizing the economy; the determinants of long-run economic growth; the long- and short-run effects of taxes, budget deficits, and other government policies on the national economy; and the workings of exchange rates and international trade. (Note: Economics 101 may be taken before or after Economics 102) (4 Credits)
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4.00 Credits
An introduction to the study of the forces of supply and demand that determine prices and the allocation of resources in markets for goods and services, markets for labor and markets for natural resources. The focus is on how and why markets work, why they may fail to work, and the policy implications of both their successes and failures. The course focuses on developing the basic tools of microeconomic analysis and then applying those tools to topics of popular or policy interest such as minimum wage legislation, pollution control, competition policy, international trade policy, discrimination, tax policy and the role of government in a market economy. (Note: Economics 102 may be taken before or after Economics 101) (4 Credits)
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3.00 Credits
A survey designed specifically for liberal arts students interested in Business, Economics, Law and Government. The meanings, purpose and function of accounting in business are presented through studying the concepts and theories of accounting. Basic accounting procedures covered in this course include journalizing transactions, posting, trial balances, adjusting entries and preparation of financial statements. Other topics include internal control, inventory methods, depreciation and generally accepted accounting principles. The course focuses on the sole proprietorship, partnership and corporate forms of business organization. Course credit may not be counted toward a major in Economics.(4 credits)
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1.00 - 4.00 Credits
A general category used only in the evaluation of transfer credit. (1-4 credits)
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3.00 Credits
Various theories of economic justice will be examined to ask questions like: What are fair distributions of income and wealth? Do ethical norms lie behind the policy advice of various economists? If so, what are they? Is there a trade-off between equality and efficiency? What kinds of policies promote equality of opportunity? The course will examine economists and philosophers who have offered libertarian, utilitarian, and social democratic approaches to these questions. Prerequisites: 101 and 102.(4 credits)
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3.00 Credits
Economic growth is traditionally perceived as the solution to the socio-economic ills of poverty, unemployment and more generally underdevelopment. However, economic growth is also accompanied by increased pressure on and, over time, deterioration of the natural environment. The objective of this course is to explore the relationship between economic growth and the natural environment. While the concept of economic growth occupies a central place in economic policy-making, we will discuss whether economic growth is compatible with the sustainabledevelopment worldview adopted by the UN and many other global and local economic actors. Sustainable development emphasizes the need to embark upon a development path that not only takes into account the environmental, social and economic needs of the present generation, but also those of future ones. Prerequisites: 101 and 102.(4 credits)
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3.00 Credits
Open to intermediate students. These courses will be offered in a variety of applied economic fields. Prerequisites: 101 and 102.(4 credits)
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