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Course Criteria
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3.00 Credits
Causes of global economic integration. Winners and losers. World Trade Organization, international environmental treaties, labor and capital markets. U.S. leadership. Offered on a graded basis only. No credit for students who have completed 257W on the globalization topic. Prerequisite: 150 and 231.
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3.00 Credits
Evolution of economic ideas from the ancient Greeks to the contemporary world with attention to the seminal thoughts of Adam Smith, David Ricardo, J. S. Mill, Alfred Marshall, and J. M. Keynes. Prerequisite: 231 and 232.
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3.00 Credits
International trade in goods and services. Patterns of trade; gains and losses from trade, tariffs, and other commercial policies; economic integration; and international factor movements. May not be taken on a pass/fail basis. Prerequisite: 231.
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3.00 Credits
Economics of international monetary, financial, and macroeconomic relationships. Effects of monetary and fiscal politics in open economies, balance of payments, exchange rate determination, and international monetary institutions. Prerequisite: 232.
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3.00 Credits
Mathematical models of overlapping generations, rational expectations, and open economies with price rigidities applied to social security, government debt, exchange rates, monetary policy, and time inconsistent optimal policy. Prerequisite: 232.
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3.00 Credits
Analysis of major issues and debates in American economic history. Prerequisite: 231.
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3.00 Credits
Theories and empirical evidence concerning inequality, poverty, and discrimination, and their relationship to economic growth. Evaluation of anti-poverty and anti-discrimination policies. Prerequisite: 150 and 231.
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3.00 Credits
An examination of some of the economic aspects of the production, distribution, and organization of health care services, such as measuring output, structure of markets, demand for services, supply of services, pricing of services, cost of care, financing mechanisms, and their impact on the relevant markets. Prerequisite: 231.
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3.00 Credits
Intercollegiate and professional sports leagues: competitive balance, player labor markets, and owner capital markets. Theories of league expansion, rival leagues, franchise relocation, and sports venue finance. International sports league comparisons. Offered on a graded basis only. No credit for students who have completed 280. Prerequisites: 150 or equivalent and 231.
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3.00 Credits
Sources of western European economic progress. Organization of medieval agriculture, growth of overseas merchant empires, origins of the Industrial Revolution, and the role of property rights. Prerequisite: 231.
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