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  • ECON 385: Public Choice

    3.00 Credits
    University of Michigan-Ann Arbor

    Public policy decision making, particularly governmental decisions regarding economic policies. Emphasis is on the use of economic methodology to analyze resource allocation via the political system rather than through private markets. (OC). 3.000 Credit hours 3.000 Lecture hours Levels: Undergraduate Schedule Types: Lecture Social Sciences Department Course Attributes: Upper Division
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  • ECON 390: Topics in Economics

    1.00 - 3.00 Credits
    University of Michigan-Ann Arbor

    Examination of problems and issues in selected areas of economics. Title as listed in Schedule of Classes will change according to content. Course may be repeated for credit when specific topics differ. (OC). 1.000 TO 3.000 Credit hours 1.000 TO 3.000 Lecture hours Levels: Undergraduate Schedule Types: Lecture Social Sciences Department Course Attributes: Upper Division
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  • ECON 390H: Topics in Economics

    3.00 Credits
    University of Michigan-Ann Arbor

    Topic: The Economics of Religion, Crime, and Marriage. This course uses the tools of economics, particularly microeconomics, to explain key characteristics of religion, criminal behavior, and marriage. For religion, the course will explore church organization, church architecture, beliefs about the afterlife, doctrine about usury, and religious market structure, among others. For crime, the course will evaluate claims about the death penalty, gun control and the demand for crime. For marriage, the course will analyze multiple, marriage payments, family organization, and marriage for love, among others. 3.000 Credit hours 3.000 Lecture hours Levels: Undergraduate Schedule Types: Lecture Social Sciences Department Course Attributes: Upper Division
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  • ECON 390I: Topics in Economics

    3.00 Credits
    University of Michigan-Ann Arbor

    Topic: Behavioral and Experimental Economics. This course will provide an overview of behavioral and experimental economics. The course will explore methods to formally model the findings of psychological, experimental economics, and other research demonstrating departures from perfect rationality, self-interest, and other classical assumptions of economics. 3.000 Credit hours 3.000 Lecture hours Levels: Undergraduate Schedule Types: Lecture Social Sciences Department Course Attributes: Upper Division
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  • ECON 407: Cost-Benefit Analysis

    3.00 Credits
    University of Michigan-Ann Arbor

    Cost-benefit analysis arguably is the most important tool in evaluating public and private policies. Conceptually, cost-benefit analysis is simple: subtract the costs from the benefits and adopt those policies yielding the greatest net benefit. In practice cost-benefit analysis is much more complicated. Costs and benefits must be summed over time, requiring a calculation of net present value. Costs and benefits must be summed over different people, requiring a social welfare function. Finally costs and benefits must be summed over a variety of goods and services, some of which do not have market values or where market values are not appropriate measures. This course reviews the techniques involved in cost-benefit analysis and employs case studies to illustrate these techniques. (AY) 3.000 Credit hours 3.000 Lecture hours Levels: Undergraduate Schedule Types: Lecture, Seminar Social Sciences Department Course Attributes: Upper Division
    ShareECON 407 - Cost-Benefit Analysis
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  • ECON 411: Monetary Economics

    3.00 Credits
    University of Michigan-Ann Arbor

    This course examines financial institutions in a macroeconomic theoretical context. A rigorous treatment of monetary theory is presented followed by practical discussion of U.S. monetary policy as implemented by the Federal Reserve System. (YR). 3.000 Credit hours 3.000 Lecture hours Levels: Undergraduate Schedule Types: Lecture Social Sciences Department Course Attributes: Upper Division
    ShareECON 411 - Monetary Economics
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  • ECON 415: Introduction to Econometrics

    3.00 Credits
    University of Michigan-Ann Arbor

    Topics covered include the construction and estimation of econometric models, emphasizing the use of multiple regression techniques to estimate relationships and test theories. (W). 3.000 Credit hours 3.000 Lecture hours Levels: Undergraduate Schedule Types: Seminar Social Sciences Department Course Attributes: Upper Division
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  • ECON 421: Economics of the Labor Sector

    3.00 Credits
    University of Michigan-Ann Arbor

    Theoretical analysis and empirical studies of the nature and operation of labor markets. Includes theories of wage determination and income distribution, the nature of unemployment, the impact of collective bargaining on the economy, the extent and economic effects of discrimination, and the nature and effects of government wage and employment policies. ECON 321, Labor in the American Economy, is valuable background to this course although it is not a prerequisite. (AY). 3.000 Credit hours 3.000 Lecture hours Levels: Undergraduate Schedule Types: Seminar Social Sciences Department Course Attributes: Upper Division
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  • ECON 465: History of Economic Theory

    3.00 Credits
    University of Michigan-Ann Arbor

    Course examines the evolution of economic thought and theory from the early origins to the present, focusing on the major contributions to economics, especially from Adam Smith onward, and assesses the current condition of economic analysis. (OC). 3.000 Credit hours 3.000 Lecture hours Levels: Undergraduate Schedule Types: Seminar Social Sciences Department Course Attributes: Upper Division
    ShareECON 465 - History of Economic Theory
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  • ECON 481: Public Finance

    3.00 Credits
    University of Michigan-Ann Arbor

    Analysis of the role of government in the economy. Course examines theories of the need for the nature of government intervention in economic activities. Includes analysis of public goods, externalities, taxation, state and local finance, and modes of public decision making. (YR). 3.000 Credit hours 3.000 Lecture hours Levels: Undergraduate Schedule Types: Seminar Social Sciences Department Course Attributes: Upper Division
    ShareECON 481 - Public Finance
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