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Course Criteria
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3.00 Credits
Economics of firm organization and the evolution of the modern business enterprise. The function of organizations in coordinating the use of economic resources. The role of technology, labor, management, and markets in the formation of the business enterprise. Includes international comparisons and attention to alternative economic theories on the role of business organizations on national competitive advantage. - A. Dye Prerequisites: ECON BC3035 or permission of the instructor. Not offered in 2009-2010. 3 points
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3.00 Credits
Specification, estimation and evaluation of economic relationships using economic theory, data, and statistical inference; testable implications of economic theories; econometric analysis of topics such as consumption, investment, wages and unemployment, and financial markets. - R. Reback Prerequisites: ECON BC3033 or ECON BC3035, and ECON BC2411 or STAT W1111 or STAT W1211, or permission of the instructor. 3 points The courses listed below, required of Political Economy and/or Economics track majors, constitute the core of the Barnard Economics major.
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3.00 Credits
Factors affecting the allocation and remuneration of labor; population structure; unionization and monopsony; education and training, mobility and information; sex and race discrimination; unemployment; and public policy. - L. Munasinghe Prerequisites: ECON BC3035, or permission of the instructor. 3 points
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3.00 Credits
Critical survey of the main debates within development studies: theory and empirics of growth and structural transformation; dynamics of income distribution and poverty; impact of international economic relations; population, health and nutrition; and the nature and role of government. - S. Reddy Prerequisites: ECON BC3035 or ECON BC3033, or permission of the instructor. Not offered in 2009-2010. 3 points
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4.00 Credits
Systematic exposition of current macroeconomic theories of unemployment, inflation, and international financial adjustments. - M. Colacelli Prerequisites: An introductory course in economics and a functioning knowledge of high school algebra and analytical geometry or permission of the instructor. 4 points
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4.00 Credits
Preferences and demand; production, cost, and supply; behavior of markets in partial equilibrium; resource allocation in general equilibrium; pricing of goods and services under alternative market structures; implications of individual decision-making for labor supply; income distribution, welfare, and public policy. Emphasis on problem solving. Prerequisites: An introductory course in microeconomics (ECON BC1002, ECON BC1003, ECON W1105, or the equivalent) and one semester of calculus or ECON BC1007, or permission of the instructor. 4 points
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3.00 Credits
Introduction to balance of payments and exchange rate theory; capital mobility and expectations; internal and external adjustment under fixed and flexible exchange rates; international financial markets; capital mobility and expectations; international policy coordination and optimum currency areas; history of the international monetary system. - A. Burgstaller Prerequisites: ECON BC3033. 3 points
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3.00 Credits
Link between economic behavior and environmental quality: valuation of non-market benefits of pollution abatement; emissions standards; taxes; and transferable discharge permits. Specific problems of hazardous waste; the distribution of hazardous pollutants across different sub-groups of the U.S. population; the exploitation of commonly owned natural resources; and the links between the environment, income distribution, and economic development. - S. Pereira Prerequisites: ECON BC1003 or ECON W1105. Prerequisite for Economics majors: ECON BC3035. 3 points
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3.00 Credits
Intellectual origins of the main schools of thought in political economy. Study of the founding texts in classical political economy, Marxian economics, neoclassicism, and Keynesianism. - D. Weiman, A. Burgstaller Prerequisites: An introductory course in economics or permission of the instructor. General Education Requirement: Reason and Value (REA). 3 points The following economics elective courses have either ECON BC3033, ECON BC3035, or both as prerequisites.
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3.00 Credits
Theories and policy implications of business cycles. IS/LM, AS/AD and the Phillips Curve; dynamic general equilibrium models based on microfoundations including the Real Business Cycle model; New Keynesian models; models of the political business cycle. Particular episodes in the macroeconomic history of the US will provide case studies in which to study these models and the application of policies within. - S. Harrison Prerequisites: ECON BC3033. 3 points
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