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Course Criteria
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1.00 Credits
Calculus-based generalization of the theory of demand and supply developed in Economics 55D. Individual behavior in environments of risk and uncertainty. Introduction to game theory and strategic interaction. Adverse selection, moral hazard, non-competitive market structures, externalities, public goods. Prerequisite: Economics 55D; Mathematics 102 or Mathematics 103 or any higher-level mathematics course with Mathematics 103 as a prerequisite. Student Instructor: Arcidiacono, Leventoglu, Taylor, or Yildirim
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1.00 Credits
Intermediate level treatment of macroeconomic models, fiscal and monetary policy, inflation, unemployment, economic growth. Prerequisite: Economics 55D, Economics 105D, and Math 102 or Math 103 or Math 105; Economics 105D may be taken as co-requisite. Instructor: Staff
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1.00 Credits
Introduction to mathematical optimization, engineering economic analysis, and other decision analysis tools used to evaluate and design engineering systems. Application of linear and nonlinear programming, dynamic programming, expert systems, simulation and heuristic methods to engineering systems design problems. Applications discussed include: production plant scheduling, water resources planning, design and analysis, vehicle routing, resource allocation, repair and rehabilitation scheduling and economic analysis of engineering design alternatives. Corequisite: Mathematics 107. Instructor: Peirce
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1.00 Credits
The historical development of business in the United States during the nineteenth and twentieth centuries. Instructor: Balleisen
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1.00 Credits
Creative industries (especially the arts, entertainment) often distinguished by peculiarities of product (for example, non-durable), by special nature of financing and contracting (for example, option contracts), and by challenges they present to conventional analysis of pricing and consumption. Research report required. (Taught only in the Duke-in-Venice Program.) Prerequisites: Economics 55D or instructor's consent. Instructor: De Marchi
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1.00 Credits
A survey of Western economic history: population, production, exchange, and institutions; from antiquity to the present. Prerequisite: Economics 55D. Instructor: Craig or staff
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1.00 Credits
Economic development of the Middle East from the rise of Islam to the present. Transformation of the region from an economically advanced area into part of the underdeveloped world. Role of religion in economic successes and failures. Obstacles to development today. Topics: Islamic economic institutions, economic roles of Islamic law, innovation and change, political economy of modernization, interactions with other regions, economic consequences of Islamism. Prerequisite: Economics 51D or 1A and 2A or instructor consent. Instructor: Kuran
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1.00 Credits
Introduction to political history of Middle East from the advent of Islam to modern era. Examine institutions responsible for characteristics of political development in the region; consider selected cases relating to mechanisms of political development, including democratization; investigate religion's role in shaping the region's political trajectory; identify social forces, especially economic, driving contemporary rediscovery and reinterpretation of Islam's political organization and requirements, by both Islamists and secular political actors. Instructor: Kuran
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1.00 Credits
Comparative and historical analysis of cities as natural incubators of innovation and growth. Exploration through analytical and empirical literature of the positive externalities created by close human contact, including knowledge and information exchange and concentrations of talent. Perspectives of economists, city planners and architects considered. Research project required. Prerequisite: ECON 55D. Instructor: De Marchi
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1.00 Credits
Economics as target discipline for philosophy of science. How economists investigate the economy; how economics produces knowledge/explanation/prediction/understanding. Classic contributions to economic methodology (John Stuart Mill, John Neville Keynes, Milton Friedman) & to Philosophy of Science (Carl Hempel, Karl Popper, Thomas Kuhn, Imré Lakatos) with case studies of applications to economic problems. Also recent topics at intersection of Philosophy & Economics (models, causality, reductionism, realism). Prerequisites: either one course in philosophy and one course in economics; or Economics 105D, 110D, or 139D; or consent of instructor. Instructors: Hoover
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