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Course Criteria
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1.00 Credits
A course designed primarily for students who do not plan to concentrate in economics but who seek a basic understanding of the economics of less developed countries, including savings and investment, health and education, agriculture and employment, and interactions with the world economy, including trade, international capital flows, aid, and migration. Prerequisite: ECON 0110.
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0.00 - 1.00 Credits
Basic accounting theory and practice. Accounting procedures for various forms of business organizations.
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0.00 - 1.00 Credits
We will examine what role economic theory plays and/or ought to play in political theory and on our conception of politics more broadly. Topics include particular political philosophies and economic concepts such as rationality and efficiency.
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1.00 Credits
This is a seminar that focuses on issues of ethics that arise in the context of business and economics. Learning occurs primarily through guided student discussions in class. Other economics courses, especially 11, 111, 134 and 179 are highly recommended.
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0.00 - 1.00 Credits
Tools for use in microeconomic analysis, with some public policy applications. Theory of consumer demand, theories of the firm, market behavior, welfare economics, and general equilibrium. Prerequisite: MATH 0060, 0070, 0090, 0100, 0170, 0180, 0190, 0200, or 0350; and ECON 0110; or advanced placement.
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0.00 - 1.00 Credits
Microeconomic theory: Theories of the consumer and firm, competitive equilibrium, factor markets, imperfect competition, game theory, welfare economics, general equilibrium. May not be taken in addition to ECON 1110. Prerequisite: MATH 0100, 0170, 0180, 0190, 0200, or 0350; and ECON 0110; or advanced placement.
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0.00 - 1.00 Credits
Analysis for making policy decisions within a firm. Goals of the firm, analytical methods for optimizing under constraints. Production decisions, pricing strategies, and investment plans. Advertising, diversification, and research and development. Effect of nonmarket constraints, governmental and self-imposed. Treatment of risk and uncertainty. Prerequisites: EC 111 or 113.
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0.00 - 1.00 Credits
A survey of theories of economic optimality. Topics covered include efficiency and competition, externalities, social welfare functions, majority voting, the Arrow impossibility theorem, compensation criteria and an introduction to the problems of mechanism design and implementation. Prerequisites: EC 111 or 113.
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0.00 - 1.00 Credits
The economy as a whole: Level and growth of national income, inflation, unemployment, role of government policy. Prerequisite: MATH 0060, 0070, 0090, 0100, 0170, 0180, 0190, 0200, or 0350; and ECON 0110.
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1.00 Credits
Relation of monetary and fiscal policy to inflation, to aggregate employment, and to the financing of the public sector. The political economy of monetary and fiscal policy. Contemporary and historical applications, including the economic expansion of the 1990s and the subsequent recession in the United States, the prolonged economic slump in Japan, the economic crisis in Argentina. Prerequisite: EC 121.
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