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Course Criteria
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3.00 Credits
Mascarenhas A study of the tax and expenditure policies of government, and how they affect the economy and the economic welfare of society. Typical coverage includes the theory of public goods, externalities, public choice, the impact of government upon the distribution of income, transfer programs, taxation, debt finance, and the economic consequences of a federalist system. Prerequisite: Economics 307.
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3.00 Credits
Mascarenhas Global Economics provides an introduction to the theories underlying international trade with an emphasis on helping us explain why, what and with whom nations trade. We will analyze various barriers to trade that nations erect, with a particular emphasis on the redistributive effects of trade and trade barriers. The course will cover the interplay between politics and economics in a range of different issue areas, including the international trading system (GATT, WTO, etc.) and attempts at regional economic integration (the European Union, NAFTA). The theoretical models will be used to analyze topics making headlines like labor standards, environment and off-shoring. Prerequisites: Economics 307.
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3.00 Credits
Hazlett Consideration of recent developments in international finance and open-economy macro-economics, and of policy issues in their historical context and in modern theory. Issues include inflation and business cycles in open economies, fixed versus floating exchange rates, a gold standard, banking and currency crises, monetary unions, balance of payments issues, and the role of the International Monetary Fund. Prerequisites: Economics 307 and 308.
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4.00 Credits
not offered 2008-09 This seminar examines the ways in which the legal system acts as a complement to, and a substitute for, the market system. Specific topics will include property rights, contracts, torts, product liability, and criminal law. Prerequisite: Economics 307.
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3.00 - 4.00 Credits
The first portion of this seminar deals with environmental economics and establishes a framework with which to view environmental problems. Topics covered include the theory of externalities and the features of different remedies, the evaluation of environmental amenities, and a survey of current environmental policies. The second portion of the course deals with natural resource economics and considers the use of renewable and nonrenewable resources over time. Finally, international environmental and natural resource issues are addressed. Prerequisite: Economics 307.
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4.00 Credits
not offered 2008-09 A study of the economic framework of urban areas. Economic interrelationships between the urban core and the metropolitan area will be examined, including problems of location, land use, the distribution of population and industry, transportation, finance, housing, race, and poverty. Prerequisites: Economics 227 or Mathematics 128 or Mathematics 338, and Economics 307.
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4.00 Credits
not offered 2008-09 The study of locational, organizational and behavioral principles and processes associated with the spatial allocation of scarce resources and the spatial patterns and (direct, indirect, economic, social, and environmental) consequences resulting from such allocations. State-of-the-art Geographical Information Systems (GIS) software will be used for analysis and computer-based projects. Prerequisites: Economics 227, (Mathematics 128 or 338, while not ideal, would be an acceptable substitute), Economics 307; or consent of the instructor.
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1.00 - 4.00 Credits
Staff Independent reading, reports, and tutorials in areas chosen by students. Graded P-D-F. Prerequisite: consent of instructor. Distribution area: social sciences.
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4.00 Credits
not offered 2008-09 A senior seminar in some relevant economic problem or problems. Prerequisite: consent of instructor.
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4.00 Credits
Staff Designed to further independent research projects leading to the preparation of an undergraduate thesis or a project report. Required of and limited to senior honors candidates in economics. Prerequisite: admission to honors candidacy.
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