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Course Criteria
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3.00 Credits
Addresses the allocation of natural resources through applied study of fisheries, forestry, oil, minerals, water, and biodiversity resources. Mathematical analysis will be done using Microsoft Excel with Solver. Social and policy dynamics of allocation decisions will be explored through case studies. Field trips will address ecological and physical aspects of resource management. The intent is to develop a balanced perspective and tools to address resource management decisions across their diverse economic, social, and environmental dimensions. When Offered: Fall term annually. Credit Hours: 3
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3.00 Credits
A multidisciplinary course that explores linkages between economic, social, ecological, biological, and physical systems. Given its multidisciplinary approach to economic analysis, the course seeks to take a fresh look at economic theory and application. Contributing disciplines include psychology, philosophy of science, biology, and ecology. Prerequisites/Corequisites: Prerequisite: ECON 6230 or ECON 6240. When Offered: Spring term annually. Credit Hours: 3
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3.00 Credits
Develops a critical understanding of environmental and natural resource issues and policy and the environmental and natural resource economics literature. Covers the economics of environmental quality and natural resources including the links between the economy and the environment, the causes of environmental problems, the economics of resource exploitation, environmental and resource project evaluation, and policies to address environmental and resource issues. Emphasizes efficiency, equity, sustainability, and international dimensions of the issues. When Offered: Fall term annually. Cross Listed: Students cannot receive credit for both ECON 4260 and ECON 6260. Credit Hours: 3
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3.00 Credits
The course examines the basic concepts and techniques of economic analysis and their applications to economics problems at the level of the firm, industry, and economy as a whole. Topics include theory of product and factor pricing, national income and employment theory, monetary and fiscal theories, economic growth and fluctuations. When Offered: Offered on availability of instructor. Credit Hours: 3
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3.00 Credits
The central propositions of contemporary economic analysis are set forth. Topics include interaction of firms and households; determination through the market of resource allocation, outputs, prices, and incomes; capital and interest; theories of general equilibrium; static and dynamic models. Prerequisites/Corequisites: Prerequisite: ECON 2010 or ECON 6490 or permission of instructor. When Offered: Fall term annually. Credit Hours: 3
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3.00 Credits
Application of statistical and mathematical techniques to analyze economic data. The formulation and interpretation of mathematical models that involve quantifiable economic relationships. The role of probability theory and statistical inference in the solution of model systems. Small-sample and asymptotic OLS regression, instrumental variables and GMM, multi-equation systems, panel data analysis, and maximum likelihood estimation including for binary, censored, and truncated dependent variables. Some mathematical facility is assumed. When Offered: Spring term annually. Credit Hours: 3
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3.00 Credits
Applications of advanced econometric techniques such as two-and three-stage least squares, maximum likelihood, seemingly unrelated regression, full information likelihood, distributed lags, and autocorrelation correction to a variety of business and economic problems, including the capital asset pricing model, learning curve, economies of scale, hedonic price indexes, investment, production, and limited dependent variable models. Prerequisites/Corequisites: Prerequisite: ECON 6570 or permission of instructor. When Offered: Spring term alternate years. Credit Hours: 3
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3.00 Credits
This course examines theory of national income determination, the role of monetary and nonmonetary factors in our economic system as described by various schools of macroeconomics. Alternative perspectives on monetary and fiscal policies are critically examined. Prerequisites/Corequisites: Prerequisite: ECON 2020 or ECON 6490 or permission of instructor. When Offered: Spring term annually. Credit Hours: 3
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3.00 Credits
This seminar in the Ecological Economics, Values, and Policy Professional Master's Program surveys the theories, methods, and world views of the approaches of ecological economics and science and technology studies to social scientific and humanistic environmental inquiry. Topics include: valuation, social construction, market failure, cultural studies, externalities, environmental policy and politics, Pareto optimality, and environmental ethics and philosophy. When Offered: Fall term annually. Credit Hours: 3
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3.00 Credits
This seminar focuses on the development of practical proposals for responding to environmental problems and opportunities. Research projects will include both primary data collection and the formulation of policy recommendations. Course readings will focus on case studies that involve disputes over environmental and economic issues, providing the basis for class discussion about how such disputes can be documented, analyzed, and resolved through various scientific, legal, managerial, and policy initiatives. Prerequisites/Corequisites: Prerequisites: EEVP Professional Master's students or permission of instructor. When Offered: Fall term annually. Credit Hours: 3
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