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  • 3.00 Credits

    This course is specifically designed to be a stepping stone to graduate school. It makes extensive use of mathematical notation and relies heavily upon calculus. About 40 percent of the course is devoted to applying calculus tools to topics previously covered in Intermediate Macroeconomics. Calculus and intensive mathematical modeling allow insights not available with the tools of intermediate theory. About 60 percent of the course is devoted to more advanced topics that are drawn from macroeconomics and investment theory. Prerequisites: 301 and 302 and MATH 121 or 123.(4 credits)
  • 3.00 Credits

    A study of the impact of governmental taxation and expenditures on the economy. The economic rationale for the existence of the public sector is examined and the development, passage, and implementation of the federal budget is investigated. Issues such as welfare reform, the growth of entitlement programs, the financing of health care and the theory and practice of taxation are studied. Prerequisite: 302.(4 credits)
  • 3.00 Credits

    This course examines corporate decision making as a function of the competitive environment in which the firm operates. In addition to standard market structure theory, we examine a number of business practices including pricing and advertising policy, corporate strategic behavior, and horizontal and vertical mergers and acquisitions. The analysis is often mathematical, with a heavy emphasis on game theory. Prerequisites: 302 and MATH 121 or 123.(4 credits)
  • 3.00 Credits

    The new wave of globalizationhas brought international trade issues to the forefront of both economics and society. This course will analyze the causes and consequences of international trade. The theory of international trade and the effects of trade policy tools will be developed in both perfect and imperfect competition, with reference to the empirical evidence. This will allow us to address many essential questions such as the patterns of trade, the welfare impact of trade, and protectionism. The frameworks developed in this course will also serve as a context for a discussion of several important contemporary issues, including the relationship between trade and economic growth, income inequality, the importance of the World Trade Organization, and the effects of free trade agreements. Prerequisite: 302.(4 credits)
  • 3.00 Credits

    This course develops the basic theories of labor supply and demand. Using these theories we examine the institutional forces that the government, unions, and corporate powers have on wages and hours worked. A specific focus of the course is spent analyzing competing theories that explain the wage differentials that exist in the U.S. labor markets. Prerequisite: 302.(4 credits)
  • 3.00 Credits

    This course examines the roles that various racial and ethnic groups have played in the development of the U.S. economy. Historical forces in conjunction with economic and political institutions have created a unique position for each of these groups. An examination of the causes and consequences for the economy and particular groups of these interlocking forces will be examined. Prerequisite: 302. (Not offered 2008-2009).(4 credits)
  • 3.00 Credits

    This course will introduce, develop and analyze the types of and importance of the linkage between the regional economics and their urban subsystems. The topics to be developed include the economic variables which may be used to explain differential rates of economic change in selected regions and the impact of such changes on the pattern of economic growth and the quality of life in urban or metropolitan areas. Prerequisite: 302.(4 credits)
  • 3.00 Credits

    This course provides an examination of various economic issues facing business and government regarding the use of natural resources and the management of environmental quality. Students will develop an understanding of both the economic nature of environmental problems and the economic tools necessary to explore and devise potential policy solutions for environmental problems. In addition, students will examine the institutional framework within which environmental problems exist in order to understand those factors which may mitigate against economic solutions. Prerequisite: 302.(4 credits)
  • 3.00 Credits

    This course explores the mathematical foundations of microeconomics. Constrained and unconstrained optimization are employed to generate the results of consumer theory, producer theory and market structure. The course is particularly well suited for those students contemplating graduate study in economics or business. Prerequisites: 301 and 302 and MATH 121 or 123.(4 credits)
  • 3.00 Credits

    Open to advanced students with the consent of the instructor. These courses will involve the preparation of a research paper and be offered in a variety of applied economic fields. Prerequisites: 301 and 302.(4 credits)
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