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ECON 421: Economics of the Labor Sector
3.00 Credits
University of Michigan-Dearborn
Theoretical analysis and empirical studies of the nature and operation of labor markets. Includes theories of wage determination and income distribution, the nature of unemployment, the impact of collective bargaining on the economy, the extent and economic effects of discrimination, and the nature and effects of government wage and employment policies. ECON 321, Labor in the American Economy, is valuable background to this course although it is not a prerequisite. (AY).
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ECON 421 - Economics of the Labor Sector
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ECON 465: History of Economic Theory
3.00 Credits
University of Michigan-Dearborn
Course examines the evolution of economic thought and theory from the early origins to the present, focusing on the major contributions to economics, especially from Adam Smith onward, and assesses the current condition of economic analysis. (OC).
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ECON 465 - History of Economic Theory
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ECON 481: Public Finance
3.00 Credits
University of Michigan-Dearborn
Analysis of the role of government in the economy. Course examines theories of the need for the nature of government intervention in economic activities. Includes analysis of public goods, externalities, taxation, state and local finance, and modes of public decision making. (YR).
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ECON 481 - Public Finance
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ECON 497: Economics Seminar
3.00 Credits
University of Michigan-Dearborn
An advanced study in selected areas of Economics. Topics vary; see the current Schedule of Classes for topics and prerequisites. May be offered in satisfaction of 400-level elective requirement for concentration. (OC).
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ECON 497 - Economics Seminar
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ECON 498: Economics Internship
3.00 - 6.00 Credits
University of Michigan-Dearborn
The internship affords the student the opportunity to apply tools learned in economics courses to real-world work situations. The student has 8-16 hours of unpaid work per week under the guidance of a faculty advisor. Only three credit hours may be applied to meeting the concentration requirements in economics; up to six credit hours may be applied toward graduation credit. The internship is offered only on the S/E grading basis. (F,W,S).
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ECON 498 - Economics Internship
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ECON 499: Directed Research
1.00 - 3.00 Credits
University of Michigan-Dearborn
Independent study under the direction of a faculty supervisor in advanced topic areas. Normally must be elected on the "pass/fail" option, in which case it does not count toward credit hour requirement for concentration. Special consideration for the A through E grading option must be approved by members of the Economics discipline. In all cases students must have faculty supervisor's permission to register.
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ECON 499 - Directed Research
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ECON 503: Economics and Public Policy
3.00 Credits
University of Michigan-Dearborn
In this course students will review basic neoclassical microeconnomics theory and learn to apply it to the analysis of public policy issues. Microeconomics offers important insights into the behavior of businesses, consumers, and government entities. We will review key microeconomic concepts, applying each to an array of public policy questions. Next we'll evaluate resource allocation via the market system and consider how public policy might address situations where the market fails to produce desirable results. Lastly, we'll learn about the basic tools economists use to evaluate public policies. (YR)
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ECON 503 - Economics and Public Policy
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ECON 511: Monetary Economics
3.00 Credits
University of Michigan-Dearborn
This course examines financial institutions in a macroeconomic theoretical context. A rigorous treatment of monetary theory is presented followed by practical discussion of U.S. monetary policy as implemented by Federal Reserve System. This course is distinguished from its 400 level counterpart by the requirement of additional readings and research. (YR).
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ECON 511 - Monetary Economics
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ECON 515: Introduction to Econometrics
3.00 Credits
University of Michigan-Dearborn
The theory and practice of the statistical analysis of economic relationships. Topics covered include the construction and estimation of econometric models, emphasizing the use of multiple regression techniques. Course concludes with examples of econometric investigations and the use of econometric models for forecasting and policy. This course is distinguished from its 400 level counterpart by the requirement of additional readings and research. (YR).
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ECON 515 - Introduction to Econometrics
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ECON 521: Economics of the Labor Sector
3.00 Credits
University of Michigan-Dearborn
Theoretical analysis and empirical studies of the nature and operation of labor markets. Includes theories of wage determination and income distribution, the nature of unemployment, the impact of collective bargaining on the economy, the extent and effects of discrimination, and the nature and effects of government wage and employment policies. ECON 321, Labor in the American Economy, is valuable background to this course although it is not a prerequisite. This course is distinguished from its 400 level counterpart by the requirement of additional readings and research.
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ECON 521 - Economics of the Labor Sector
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