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Course Criteria
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3.00 Credits
This course introduces students to regression analysis in economics. Topics include data analysis, regression estimation, and inference along with applications using statistical software. This course is part of the Business Economics and Analytics emphasis and incorporates Calculus I and II as strict prerequisites. Students lacking these prerequisites or not intending to complete the BEA emphasis should register for ECON 4650. Prerequisites: 'B+' or better in (MATH 1220 OR 1260 OR 1320 OR 1321 OR AP Calc BC score of 4+ OR Full Major status in QAMO) AND (('C-' or better in ECON 3640 OR OSC 3440) OR 'B' or better in (MATH 1070 OR BCOR 2030 OR AP Stat score of 3+))
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3.00 Credits
This course is applies econometric methods to business questions. Topics include simultaneous equations, fixed and random effects, generalized least squares, robust standard errors, natural experiments, difference-in-differences, and two-stage least squares. Applications include foreign exchange rate analyses, identification and prediction of productivity trends, A/B testing, and estimation of demand and supply curves. Prerequisites: 'C-' or better in QAMO 4651 OR ECON 4651 OR MATH 3080
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3.00 Credits
This is the final course in the QAMO econometrics sequence. Topics include time series regression and autocorrelation, seasonal variation, models with discrete and limited dependent variables, and multinomial logit estimation. Business applications include forecasting of time-series variables, estimating likelihood of turnover for employees, duration of employment, analyzing categorical data such as customer surveys, and building models of consumer choice. Prerequisites: 'C-' or better in QAMO 3030 OR QAMO 4700
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1.50 - 3.00 Credits
Restricted to students in the Honors Program working on their Honors degree. Prerequisites: 'C-' or better in QAMO 3020 AND Member of the Honors College AND Department Consent Corequisites: QAMO 4800
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3.00 Credits
This course is an application of economics to business strategy, with particular emphasis on industrial organization economics. Topics include Cournot and Bertrand competition, Bertrand with differentiated products, Hotelling models, entry and exit, predatory pricing, limit pricing, collusion, mergers, and industry dynamics. Course sessions will consist of a mix of lecture and discussion. Readings will rely heavily on current news articles to illuminate the direct applicability of economics to the current business world. Students will use econometrics skills to analyze data directly relevant to managerial decision-making in strategy. Prerequisites: "C-" or better in QAMO 3010 OR QAMO 3015 OR "B+" or better in BUS 2011.
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3.00 Credits
This course is an application of economics to human resource management, with particular emphasis on personnel economics. Topics include wages and incentives, hiring, training and human capital, layoffs and turnover, tournaments, efficiency wages, performance measurement, non-wage benefits. Course sessions will consist of a mix of lecture and discussion. Readings will rely heavily on current news articles to illuminate the direct applicability of economics to the current business world. Students will use econometrics skills to analyze data directly relevant to managerial decision-making in HR. Prerequisites: 'C-' or better in QAMO 3020 Corequisites: QAMO 4800
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3.00 Credits
This course is an application of economics to questions of how to organize economic activity, with particular emphasis on organization of firms. Topics include incentives, moral hazard in teams, property right and the theory of the firm, vertical integration and outsourcing, rent-seeking, complementarities, and externalities. Readings will rely heavily on current news articles to illuminate the direct applicability of economics to the current business world. Students will use econometrics skills to analyze data directly relevant to organizational decision-making. Prerequisites: 'C-' or better in QAMO 3020 Corequisites: QAMO 4800
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3.00 Credits
This course is an application of economics to the understanding the public sector, with particular emphasis on what business leaders need to know about government. Topics include voting, legislatures, regulation, lobbying, public relations, and crisis management. Readings will rely heavily on current news articles to illuminate the direct applicability of economics to the current business world. Students will use econometrics skills to analyze data directly relevant to managerial decision-making with regard to the public sector. Prerequisites: 'C-' or better in QAMO 3020 Corequisites: QAMO 4800
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3.00 Credits
This course is an application of economics to the process of making deals. Topics include key ideas in the economics of contracts and bargaining, including externalities, holdup, moral hazard, adverse selection, signaling and screening, incomplete contracts, and Rubinstein bargaining. Readings will rely heavily on current news articles to illuminate the direct applicability of economics to the current business world. Students will use econometrics skills to analyze data directly relevant to managerial decision-making with regard to contracts and bargaining. Prerequisites: 'C-' or better in QAMO 3020 Corequisites: QAMO 4800
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3.00 Credits
This course is an application of economics to business taxation. Topics include government expenditure and funding, positive and negative externalities, taxation theory and structure, and state/local government finance. Readings will rely heavily on current news articles to illuminate the direct applicability of economics to the current business world. Students will use econometrics skills to analyze data directly relevant to managerial decision-making with regard to business taxation. Prerequisites: 'C-' or better in QAMO 3020 Corequisites: QAMO 4800
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