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Course Criteria
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3.00 - 12.00 Credits
Practical application of economic theory and/or collection of data for theoretical interpretation.
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4.00 Credits
Focuses upon the prospects and problems facing more than 100 poverty-stricken countries in Latin America, Africa and Asia that are striving to attain standards of living approaching those of countries in Europe and North America.
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4.00 Credits
Economic analysis of spatially oriented problems, with emphasis on the problems and techniques related to the understanding of economic base and the comparative economic growth of regions. Prerequisites: EC 201, 202 or consent of instructor
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4.00 Credits
An economic study of environmental problems with special reference to social welfare and economic efficiency criteria in evaluating the alternative uses of natural resources. Prerequisites: EC 201, 202 or consent of instructor
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4.00 Credits
Analyzes the causes and consequences of international trade. Topics covered include: the theory of comparative advantage, models of international trade under perfect and imperfect competition, strategic trade policy, the impact of trade on welfare, protectionism, trade and the environment, the role of trade in developing countries, the effects of free trade agreements and the role of multinational institutions in facilitating trade. Prerequisites: EC 201, 202 or consent of instructor
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4.00 Credits
Examines the macroeconomic linkages between countries. Topics include: institutions of flexible and fixed exchange rates, the balance of payments, the choice of an exchange rate regime, international money markets, currency crises, international policy coordination, and international debt and direct investment. Prerequisites: EC 201, 202 or consent of instructor
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4.00 Credits
This course applies microeconomic theory to understand the behavior of labor market dynamics in the U.S. and in other industrialized countries. Topics include: the demand and supply of labor, human capital, compensation and risk differentials, minimum wage/living wage legislation, unemployment, collective bargaining and unions and discrimination. Prerequisites: EC 201, EC 202
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4.00 Credits
Theories of the labor movement plus history, aims, methods and policies of trade unions. The mechanics and functioning of collective bargaining will be explored. Prerequisites: EC 201, EC 202 or consent of instructor
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4.00 Credits
Theory, practice and reform of economic systems other than capitalism. Emphasizes socialist economies, the economies of the former Soviet Union, East Central Europe and China. Examines the origins of the socialist economy, how it is supposed to work, how it actually works and how it can and cannot be reformed. Prerequisites: EC 201, EC 202 or consent of instructor
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4.00 Credits
Focuses on economies in transition, primarily the post-socialist economies in East Central Europe, the former Soviet Union and China. Topics covered include: privatization and enterprise restructuring, labor markets and social insurance policies, household welfare, public finance, trade policy and regional integration, crime and corruption, entrepreneurship, environmental degradation and macroeconomic issues. Prerequisites: EC 201, EC 202 and EC 450
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