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Course Criteria
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3.00 Credits
Economic analysis of the financial resource management for a small business. It examines issues such as financial statements and financial planning, capital budgeting and management, investment, risk, profitability, and forecasting.
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3.00 Credits
Contemporary economic problems as they affect individuals and families in their financial planning, spending for consumer goods and services, saving, and investing. Family and individual issues such as taxes, insurance, retirement, and estate planning are examined.
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1.00 Credits
Students will reflect on and integrate their learning and experience in the following activities: 1) Update personal e-Portfolio. During the updating of their e-Portfolio students will complete a series of activities in which they: - Reflect on the courses they have taken at UMass. - Identify skills that they have attained through this course work. - Explore careers in Resource Economics and identify the careers that are of interest to them. - Identify the skills needed to succeed in the career paths they have identified. - Produce a professional resume and a sample cover letter. 2) Participate in weekly activities focused on the following topics: - Two team projects: Students will identify current issues and real world problems that might be addressed by a Resource Economist and reflect on how their more advance training as a Resource Economist motivates more detailed policy analysis of the issue. This 1-credit course, plus one pair of 3-credit courses identified in the Academic Requirements Report, satisfies the Integrative Experience requirement for BS-ResEc majors. Prerequisite: Res-Econ 112.
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3.00 Credits
Analysis of economic problems presented by the rise of the Internet. Includes study of economic issues in managing the Internet, the impact of the Internet on markets and the macro economy, study of content markets, and the impact of the Internet on economic development. Prerequisite: ECON 103 or RES-ECON 102
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1.00 - 18.00 Credits
No course description available.
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1.00 - 18.00 Credits
University of Massachusetts Amherst has not provided a description for this course
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3.00 Credits
Applications of economics and statistical methods to the decision-making process. Topics include: production economics, demand analysis, forecasting, statistical cost analysis, pricing, and promotional strategies.
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3.00 Credits
Market structure models with application to the food system and to natural resource industries. Firm behavioral strategies under various market structures. The role of product differentiation, advertising, market power, mergers, barriers to entry, pricing and non-price rivalry. Market performance including prices, costs, profits, labor issues, and progressiveness. Prerequisite: RES-ECON 305 or ECON 203. BS-ResEc majors can satisfy their Integrative Experience requirement by taking this course plus Res-Econ 394 and 453.
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3.00 Credits
Rationale and structure of public policies that affect the operation of private markets in the U.S., with special emphasis on consumer goods industries. Focus on antitrust and competition policies (e.g., those covering collusive restraints of trade, monopolization, and mergers) and on policies that affect product quality and information (e.g., product standards, regulation of advertising and labeling). Extensive use of cases and examples in class and homework. Prerequisite: RES-ECON 452.
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3.00 Credits
Economic analysis of the family where the economic theory is applied to the family decision-making and activities. Family resources, family internal and external activities, family choice, and selected programs for improving the economic well-being of the family will be examined in the context of the Microeconomic Theory.
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