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Course Criteria
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3.00 Credits
The use of quantitative data in understanding economic phenomena. Probability, sampling, inference, and regression analysis. Prerequisite: one semester of calculus (Math 140, 150a, or 155a). No credit for students who have completed 155.
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3.00 Credits
Quantitative techniques in economic analysis. Probability sampling, inference, and multiple regression. Prerequisite: MATH 150a or 155a. No credit for students who have completed 150.
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3.00 Credits
A study of commercial banks and other intermediaries between savers and investors in the United States, including the government’s role as money creator, lender, and regulator of private credit, and the effects of financial institutions on aggregate economic activity. Prerequisite: 100 and 101.
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3.00 Credits
Introduction to labor markets in the United States. Foundations and applications of labor supply and demand, immigration and immigration policies, investment in human capital, wage policies of employers, minimum wage legislation, labor market discrimination and remedial programs, effects of labor unions, and unemployment. Prerequisite: 100 and 101.
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3.00 Credits
Recent economic growth and structural change of Latin American economies. The general issues of development economics, such as the mobilization of savings and capital formation, import-substituting industrialization, inflation, agricultural reform, regional and national economic integration, population growth and migration, and balance-of-payments problems. No credit for graduate students in economics. Prerequisite: 100.
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3.00 Credits
Economic, social, and political implications. Transition from a centrally planned economy to markets. Trade, investments, labor markets, income, and growth. Taxation, fiscal, and monetary policy. Prerequisite: 100 and 101.
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3.00 Credits
Economic development of the United States from the Colonial period to the present. Interrelated changes in economic performance, technology, institutions, and governmental policy. Prerequisite: 100 and 101.
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3.00 Credits
Development of the techniques of analysis for problems of resource allocation. Theories of choice and production for individual economic agents in competitive and monopolistic environments. Behavior of markets. Determination of prices, wages, interest, rent, and profit. Income distribution. No credit for graduate students in economics. Prerequisite: one semester of calculus. Prerequisite: 100 and 101.
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3.00 Credits
National income accounting and analysis. Classical, Keynesian, and contemporary models determining national income, employment, liquidity, price level, and economic growth. No credit for graduate students in economics. Prerequisite: one semester of calculus. Prerequisite: 100 and 101.
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3.00 Credits
Introduction to sequential and simultaneous games. Backward induction, equilibrium, pure and mixed strategies. Cooperation and conflict, the prisoner’s dilemma, threats, promises, and credibility. Brinkmanship, uncertainty, the role of information, auction design, bidding strategies, and bargaining. Voting and agenda control. Prerequisite: 100 and 101.
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