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Course Criteria
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3.00 Credits
(Fall, Odd-Numbered Years Only) A continuation of study begun in ECO-100, this course proceeds to intermediate level analysis of national income and employment determination, theories of economic growth and fluctuation, techniques and problems of monetary and fiscal policies to achieve macroeconomic goals of full employment, price stability, economic growth, and balance of payment equilibrium, and international issues. Prerequisite: ECO-100.
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3.00 Credits
(Fall, Even-Numbered Years Only) A continuation of study begun in ECO-101, this course proceeds to intermediate-level analysis of markets for goods and services, consumer behavior, price and product choices by business, markets for labor and other resources, and the various ways that the structure of markets affects the welfare of society. Prerequisite: ECO-101.
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3.00 Credits
(Varies, Contact Dept. Head) A critical analysis of the development of economic ideas and philosophies, their origins and institutional framework, with primary emphasis on the interpretative study of outstanding economists of the past whose contributions have significance for contemporary economic theory. Prerequisites: ECO-100, ECO-101 is recommended.
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3.00 Credits
(Fall, Odd-Numbered Years Only) A study of the foundations of international trade theory; development of international economic policies; foreign exchange and payments systems; and international institutions supporting trade, with special emphasis on the role of multinational corporations and common markets. Prerequisites: ECO-100, ECO-101 is recommended.
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3.00 Credits
(Spring, Odd-Numbered Years Only) An examination of the economic consequences of the shift of women into the labor force and the changing roles of men and women. Prerequisites: ECO-101 or WST 200 or Junior/Senior status.
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3.00 Credits
(Spring, Course Offered Every Year) A study of contemporary monetary theory and policy, including an examination of the value and purchasing power of money; the role of commercial banks; the central banking system and its monetary controls; and the relationship among prices, production, employment, and economic growth. Prerequisites: ECO-100, ECO-101 is recommended.
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3.00 Credits
(Spring, Even-Numbered Years Only) The microeconomic theory underlying the failure of free markets to maximize society's well-being, and the appropriate means by which governments may improve both efficiency and fairness via provision of public goods and services. Special emphasis is given to topics in environmental and natural resource economics. General topics include current government programs, public goods, externalities, health care, income redistribution, cost-benefit analysis, taxes, and fiscal federalism. Prerequisites: ECO-100, ECO-101 is recommended.
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3.00 Credits
(Fall, Even-Numbered Years Only) An analysis of the American labor market with emphasis on an individual's decision to work; the firm's decision on hiring; wage determination; human capital models; labor market discrimination; role of unions; and unemployment. Prerequisite: ECO-101.
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3.00 Credits
(Varies, Contact Dept. Head) An analysis of the economic systems of capitalism, socialism, and their variants; and an evaluation of those systems as a means of fulfilling basic economic goals. Special attention will be given to a comparison of the former U.S.S.R., Great Britain, Japan, China, India, and the European Union countries. Prerequisites: ECO-100, ECO-101.
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3.00 Credits
(Fall and Spring, Course Offered Every Year) Joint participation by students and faculty in the discovery, examination, and analysis of knowledge in economics. The project must meet Honors Program thesis requirements as well as expectations of economics faculty. Open to seniors in the Honors and/or Teaching Fellows Programs only.
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