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Course Criteria
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3.00 Credits
Ideal for students interested in applying statistical models to economic problems, this course emphasizes theoretical foundations, mathematical structure and applications of major econometric techniques, including ordinary least squares, generalized least squares, dummy variables, non-linear transformations, instrumental variables, simultaneous equation modeling, and time series models. Students in the class complete a sophisticated economic research project of their choice. Prerequisites: Economics 261 and either Statistics 263 or 272, or permission of instructor. Offered annually.
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3.00 Credits
At one time, roughly one-third of the world's population lived in countries with centrally planned socialist economies. The world has witnessed a series of astonishing transitions as these planned economies moved to introduce market reforms. This course introduces and applies the basic tools of economic analysis to understand and explore the transitions taking place in these countries. The course focuses principally on China and Russia but will include examples drawn from Eastern Europe and Cuba. Offered many Interims.
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3.00 Credits
The unknown fate of billions of people across the world and the environment upon which they depend necessitates novel perspectives to address sustainability as it relates to both population and the environment. This course discusses sustainability from an economics perspective, and in doing so introduces the basic tenets of microeconomics and macroeconomics, such as consumers, producers, markets, welfare, income, and trade.
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3.00 Credits
This course uses major schools of economic thought and major economic writers from the past 600 years to introduce principles of economics. Readings include the architects of capitalism (Adam Smith, David Ricardo, etc.), the critics (Karl Marx, Thorstein Veblem, etc.), and the reformers (J.M. Keynes, Joseph Schumpeter, J.K. Galbraith, etc.). Offered many Interims.
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3.00 Credits
Vigorous debates about globalization and poverty have circulated in the media for the past decade, gaining international attention as protests interrupted the 1990 WTO Ministerial Conference in Seattle. This course introduces economic principles and uses them to evaluate thoughts on globalization, trade, growth, and poverty as articulated by economists like John Maynard Keynes, Friedrich von Hayek, Joseph Stiglitz, Jagdish Bhagwati, Jeffrey Sachs, and William Easterly, and as enacted by institutions like the WTO, IMF, and World Bank. Offered in Interim.
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3.00 Credits
Consumers, families, and community are intertwining elements of the social economy, each depending on the others for success. This course focuses on the triad, highlighting economic roles and principles. Among the topics of interest are the "rational consumer," saving and investing, momentous decisions, prodigal behavior, consumer protection, group dynamics, nurturing manipulation, collective purchases, budgeting, voting, and social welfare.
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3.00 Credits
This course takes an analytical approach to economic reasoning and contemporary issues. The course introduces microeconomic and macroeconomic theories with applications to relevant topics, such as employment, growth, environmental protection, affirmative action, exchange rate fluctuations, taxes, and welfare reform. Students explore economics as an intelligent approach to understanding our daily lives as citizens, workers, managers and consumers. Offered each semester.
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3.00 Credits
In this course students apply the models, insights, and analytical techniques of economics to a specific topic or economic problem Topics vary from year to year. This course may be repeated if topics are different. Offered annually. Prerequisites: One of Economics 110-121 or permission of instructor.
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3.00 Credits
This course develops the methodological framework which guides economic inquiry, while it reviews mathematical fundamentals and develops quantitative skills used in core courses of the major. Students learn to apply mathematical optimization to economic problems. See "Requirements of the Major" above for conditions under which this course may substitute for the required second mathematics course. Prerequisites: one of Economics 110-121 and Math 120, or its equivalent. Economics 233 does not count as a Level II economics analysis class toward the major. Offered annually.
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3.00 Credits
This course provides an overview and analysis of Japan's economic development, beginning with a review of the foundations for growth in the 19th century and focusing on the era of rapid growth in the post WWII period. Students investigate the interaction of culture and the economy, Japan's corporate capitalism, the "economic miracle," Japan-U.S. relations and prospects for future growth. Prerequisite: one of Economics 110-121 or consent of instructor. Offered annually.
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