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Course Criteria
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3.00 - 4.00 Credits
This course provides the same coverage of topics as Economics 101 Principles of Microeconomics, but special emphasis is placed on applying concepts to environmental and natural resource issues. Students pursuing an environmental studies combined major and others interested in the environment are encouraged to take this course. Students who receive credit for Economics 101 cannot receive credit for this course.
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4.00 Credits
not offered 2008-09 A survey of the development of the American economy. Emphasis will be upon examining long-term trends in the major economic variables and factors important to American economic growth, the development of American economic institutions, and the discussion of various historical issues relating to American economic history.
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4.00 Credits
Parcells An introductory course which surveys everyday economic statistics, topics in descriptive and inferential statistics, and regression analysis. The concentration is on applications to problems in economics. Topics include: techniques for organizing and summarizing economic statistical data; random variables and probability distributions; sampling distributions; estimation and hypothesis testing, and simple and multiple regression theory. Computer lab assignments and applications will be part of the course. Prerequisites: Economics 101 or 177, Economics 102, college-level algebra.
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3.00 Credits
Parcells Does crime pay Do governments punish and regulate crime too much or too little Using economic concepts, this course examines the economic issues of crime, crime control, and criminal punishment. Topics include: economic costs of crime, models of criminal choice, economic analysis of allocating criminal justice resources to control criminal behavior, the underground economy, costs and benefits of drug laws, and policies for crime prevention. Some of the current issues to be addressed may include: criminal justice policies, gun laws, drugs, abortion, gangs, terrorism, prison privatization, the death penalty, three strikes and you're out laws, gambling, and prostitution. Basic economic tools will be used and they will be developed as needed. One or two field trips to correctional facilities may be taken during the semester. Prerequisites: Economics 101 or 177, or consent of the instructor. Distribution area: social sciences.
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4.00 Credits
not offered 2008-09 This course examines some ways in which the government intervenes in the economic system. One half of the course will focus on antitrust by studying some important court cases. The other half of the course will explore regulation of particular sectors of the economy which may include electricity, energy, communications, transportation, health care, environmental quality, and worker and product safety. Prerequisite: Economics 101 or 177.
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4.00 Credits
The tools of economic analysis are applied to global environmental and natural resource issues such as global pollution, the relationship of trade and the environment, sustainable economic growth and resource scarcity, economic growth and the environment, and natural resource conflicts.
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4.00 Credits
An intermediate course designed to review selected topics in the field of economics through lectures, seminars, or group research projects. Prerequisite: Economics 101 or 177 and/or Economics 102, depending upon the topic of the course.
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4.00 Credits
Fall: Crouter ; Spring: Storchmann A course in intermediate microeconomics (price theory) which includes the theory of consumer behavior, the theory of the firm (including production theory), the pricing and employment of resources, market supply and demand, general equilibrium, and welfare economics. All economics and economics-combined majors must pass this course with a minimum grade of C (2.0). Prerequisites: Economics 101 or 177; Mathematics 125.
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4.00 Credits
Fall: Hazlett ; Spring: ; Belay This course provides an extensive analysis of current macroeconomics issues and events from the perspective of mainstream schools of economic thought. It covers theories of economic growth, business cycles, labor markets, interest rates, inflation and exchange rates; causes and consequences of government deficits, effects of trade deficits; short-and-long term effects of monetary and fiscal policies. All economics and economics-combined majors must pass this course with a minimum grade of C (2.0). Prerequisites: Economics 102; Mathematics 125.
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4.00 Credits
Fall: Parcells ; Spring: Storchmann Econometrics is concerned with the testing of economic theories through the use of mathematical statistics. This course is an introduction to the science and art of building models and will explore the theory and use of regression analysis to make quantitative estimates of economic relationships. Descriptions of economic reality, testing hypotheses about economic theory, and forecasting future economic activity are topics that will be covered. Simple and multivariate regression will be examined and simultaneous-equation estimation and forecasting will be studied. State-of-the-art econometric software will be used for empirical analysis. Prerequisites: Economics 227 (Mathematics 128 or Mathematics 338, while not ideal, would be an acceptable substitute), Economics 307, and 308; or consent of instructor. Students pursuing honors in economics are strongly encouraged to complete this course before the senior year.
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