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Course Criteria
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3.00 Credits
The powerful insights of microeconomic analysis inform this consideration of environmental policy and regulation. Coursework emphasizes issues germane to setting and attaining specific environmental objectives - how much pollution to allow, how much to encourage preservation, how much cutting to permit. By considering whether and how to assign monetary values to goods like species diversity and climactic stability, students gain practical experience applying benefit-cost analysis to environmental decisions. Prerequisite: one of Economics 110-121 or permission of instructor. Offered most years.
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3.00 Credits
Students in this course learn and apply economic analysis, tempered by an appreciation for the political and institutional contexts of the less developed countries, to gain an understanding of these countries' economies. Using cases involving both written and oral analysis, students explore topics such as economic growth in Brazil, trade strategies in Singapore, poverty and income distribution in Taiwan, or macroeconomic performance in Mexico. Prerequisite: one of Economics 110-121 or permission of instructor. Offered annually.
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3.00 Credits
Students in this course gain a critical understanding of the economic implications of several forms of government regulation by studying antitrust, traditional regulation and topics in environmental, consumer, and workplace regulation. These different ways governments influence market outcomes are examined from both historical and economic perspectives. Prerequisite: one of Economics 110-121 or permission of instructor. Offered most years.
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3.00 Credits
The health care sector in the U.S. is undergoing rapid change which affects patients, providers and payers. Managed care and managed competition are restructuring the delivery of health care services and reducing costs, while frustrating physicians and patients. The course examines the economic factors leading to the changes, current issues and controversies, and federal health policies. Students from nursing, pre-med and the sciences are encouraged to enroll. Prerequisites: one of Economics 110-121 or permission of instructor. Offered most years.
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3.00 Credits
Many aspects of our lives and our society are influenced by the ideas (or the theories) of economists. This course explores where economic ideas have come from, how they have changed over time and the extent to which they are compelling. While the ideas of many important figures are covered, economists such as Smith, Ricardo, Marx, Marshall, and Keynes receive particular attention. Prerequisite: one of Economics 110-121 or permission of instructor. Offered annually.
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3.00 Credits
This class applies economic principles to issues of urban development. Topics include urban economic history, location analysis, policy analysis (especially concerning poverty, housing, transportation and education), land use controls, and macroeconomic forecasting. Prerequisites: one of Economics 110-121 or permission of instructor. Offered annually.
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3.00 Credits
Government action affects us all. We pay taxes; we use public roads, schools, and parks. Some prices we pay are lower due to government subsidies; others are higher due to taxes. Government actions influence both the efficiency of our economy and the equity and equality within our society. Students learn valuable analytical tools for evaluating public projects, tax policies, entitlement programs and voting behavior. Prerequisite: Economics 262 and Statistics 263 or Statistics 272, or permission of instructor and completion of BTS-T. Offered most years.
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3.00 Credits
This course addresses the institutions that comprise modern monetary systems and the influence that these systems have on levels of income, output, employment, and prices in market economies. Monetary theory and monetary policy, including both the nature of our central bank and the role that it plays in our monetary system, are also addressed in some detail. Prerequisite: Economics 262 and Statistics 263 or Statistics 272, or permission of instructor. Offered annually.
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3.00 Credits
What do workers want from work What do employers want from workers Pressing policy issues exist for workers competing in the global economy. Unions, unemployment insurance, welfare and the minimum wage enhance the prospects of many, while leaving others even worse off. This course utilizes microeconomic theory, statistics and institutional analysis to understand labor markets. Prerequisites: Economics 262 and Statistics 263 or Statistics 272, or permission of instructor. Offered annually.
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3.00 Credits
This course offers the students an integrated approach of theory, policy, and enterprise to understand international trade and investment. The course focuses on the costs and benefits of global economic interdependence for students who plan to enter an international business career or to work for government and international organizations in activities affected by international economic relations. Prerequisite: Economics 261, 262, or permission of instructor. Offered annually.
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