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Course Criteria
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1.50 Credits
An introduction to the essentials of micro and macro economics for running a business. It is designed for students planning to enter the MBA program who need this area and for non-business students who want some business background. Credit in this course cannot be applied to any major or minor in Business, IS&T, or Economics. Additional case or report required. Prerequisite: Bachelor Degree.
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3.00 Credits
Marginal analysis, calculus, and linear algebraic systems are applied in selected advanced topics in economics such as price theory, general equilibrium theory, input-output analysis, activity analysis, and game theory. This course is an advanced version of Econ 315, and will include additional research and project assignments. Credit cannot be obtained for both Econ 315 and Econ 415. Prerequisites: Econ 221, 222 and Math 8, Math 203.
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3.00 Credits
This course provides a rigorous and consistent presentation of the theory of financial decisions. Capital markets are analyzed under assumptions of risk aversion and uncertainty. Models of modern portfolio theory are discussed including the CAPM and the Modigliani-Miller analysis. This course is an advanced version of Econ 321, and will include additional research and project assignments. Credit cannot be obtained for both Econ 321 and Econ 421. Prerequisite: Econ 221 or Econ 222.
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3.00 Credits
Analysis of gains from trade; the effects of factor mobility; effects of trade restrictions on trade flow and income distribution; arguments for restricting trade; and effects of trade on economic development, employment and human capital development. This course is an advanced version of Econ 322, and will include additional research and project assignments. Credit cannot be obtained for both Econ 322 and Econ 422. Prerequisite: Econ 221.
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3.00 Credits
Examination of the international monetary system, the Balance of Payments, the foreign exchange market, futures and options markets; foreign exchange and other risk management for firms, financing from a global perspective and direct foreign investment. This course is an advanced version of Econ 323, and will include additional research and project assignments. Credit cannot be obtained for both Econ 323 and Econ 423. Prerequisite: Econ 222.
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3.00 Credits
Investigates the rationale for cost-benefit analysis within a free enterprise setting. Discussion of market efficiency and failure; determination of social costs and benefits; applications of cost-benefit analysis; and, problems remaining in theory and practice. This course is an advanced version of Econ 335, and will include additional research and project assignments. Credit cannot be obtained for both Econ 335 and Econ 435. Prerequisite: Econ 221.
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3.00 Credits
Continuation of Math/Econ 337. Topics include martingales and measures, stopping times, discrete and continuous time finance, Brownian motion, Ito calculus, stochastic differential equations, Black-Scholes-Merton formula, numerical procedures. Prerequisite: Math 337 or Econ 337. (Co-listed with Math 437)
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3.00 Credits
Optimum use of replenishable and non-replenishable resources, public goods and common resources, externalities, private vs. public costs, and quality of the environment; emphasis on public policy related to environmental and natural resource economics. This course is an advanced version of Econ 340, and will include additional research and project assignments. Credit cannot be obtained for both Econ 340 and Econ 440. Prerequisite: Econ 221.
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3.00 Credits
This interdisciplinary course applies an entrepreneurial mindset to the environmental and social opportunities and challenges facing the global community. Topics are examined from multiple perspectives; nonprofit, hybrid, and for-profit organizations. Written case studies required. Credit cannot be earned for both Econ 344 and 444. Prerequisite: Econ 342.
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3.00 Credits
Market structures. World resource development. Supply and demand analysis on energy production and consumption within domestic and global settings. This course is an advanced version of Econ 345, and will include additional research and project assignments. Credit cannot be obtained for both Econ 345 and Econ 445. Prerequisite: Econ 221.
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