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Course Criteria
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3.00 Credits
Monetary aspects of international economic relations. Alternative forms of international monetary organization, balance of payments, exchange rates, and mechanism of balance of payments adjustment. Prerequisite: ECO 317 or 301 or 604 or permission of instructor.
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3.00 Credits
Primarily American economic history as studied from the point of view of economic theory and quantitative methods. Qualitative determinants of long-run economic growth and structural change investigated. Prerequisite: ECO 315 and 317, or permission of instructor.
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3.00 Credits
Effects of structure, conduct, and performance of imperfectly competitive firms upon social welfare. Includes social costs of imperfect competition, determinants of market structure, mergers, barriers to entry, advertising, and research and development. Prerequisite: ECO 315 or 603. Offered infrequently.
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3.00 Credits
Topics from the field of game theory applied to numerous economic problems. Equilibrium concepts are derived to determine the outcome of economic agents pursuing individual self-interest in a ?non-cooperative? environment. Specific tools included: multi-person decision trees, expected utility theory, Bayes Theorem, and several classes of games. Economic applications may include: wage bargaining, strategic trade policy, adverse selection and credit rationing, strikes, cartel enforcement, insurance, patents, and product variety. Prerequisite: ECO 315. Offered infrequently.
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3.00 Credits
Seminar leading to a qualifying written report for graduation with departmental honors. Prerequisite: approval of honors coordinator (see current class schedule).
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3.00 Credits
Offered infrequently.
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5.00 Credits
Survey of the principles of economics for students in the M.B.A. program who have not included economics in their undergraduate curricula. Credit not applicable to minimum hours required for M.B.A. degree.
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2.00 Credits
Introduces the full time MBA student to basic concepts in micro and macro-economics, such as demand, costs, production, market structure, pricing, macroeconomic data, Federal Reserve policy and business cycles, among others. Managerial applications will be introduced with the help of game theory.
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3.00 Credits
Examination of theoretical tools of microeconomics. The logic of micro phenomena is dealt with in partial and general equilibrium frameworks emphasizing general principles of marginalist-maximizing behavior. Enrollment limited to students in M.B.A. program.
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3.00 Credits
Exposition of the general principles and analytical tools of microeconomic theory. Includes theory of consumer choice, production and cost, pricing in various market structures, distribution theory, general equilibrium analysis, and welfare economics. Prerequisite: ECO 315 or 603.
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