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  • 3.00 Credits

    This course familiarizes students with evolving business and social practices and structures as advancing technology makes information more accessible and valuable. While the technology infrastructure rapidly changes, underlying economic motivations do not. We rely upon models involving switching costs, network externalities, property rights, and market structures to develop your understanding of how technological innovation affects firms (e.g., hiring training and outsourcing decisions, information management, product and pricing choices, etc.) and individuals (e.g., education, attainment, career choices, consumption decisions, etc.). These concepts are then applied to contemporary events and practices to enhance a student's ability to use available technologies to access information, to assist in processing that information, and to effectively present findings. Prerequisites: ECON 105C, 221.
  • 3.00 Credits

    This course investigates numerous microeconomic aspects of the sports entertainment industry. Among these are the pricing and allocation of labor, the determination of franchise values, and the role of regulation for this unique industry. In particular, the market for sports is discussed in the context of the well-known leagues such as Major League Baseball, the NBA, and the NFL. Lastly, other forms of entertainment, such as the music industry, are analyzed on the basis of structure, pricing, and marketing practices. Crosslisted with SPST 330. Prerequisite: ECON 105C.
  • 3.00 Credits

    This course studies the historical foundation and development of international economics along with empirical evidence. International trade topics include the classical and neoclassical theories of trade, comparative advantage, and trade protectionism. International finance topics include the balance of payments, exchange rates, and the role of fiscal and monetary policy. The role of the World Bank and International Monetary Fund is also discussed. Prerequisite: ECON 105C. Recommended Prerequisite: ECON 106C.
  • 3.00 Credits

    This course applies microeconomic theory to real-world business decisionmaking. Three areas of concentration are: analysis of consumer behavior as expressed in demand for products and the revenue implications for firms; analysis of technological constraints on production and the cost implications for firms; and analysis of input and output markets as a means of determining profit-maximizing price and output for products. Prerequisites: ECON 105C, 221.
  • 3.00 Credits

    This course applies microeconomic theory to real-world business decisionmaking. Three areas of concentration are: analysis of consumer behavior as expressed in demand for products and the revenue implications for firms; analysis of technological constraints on production and the cost implications for firms; and analysis of input and output markets as a means of determining profit-maximizing price and output for products.
  • 3.00 Credits

    This course studies the economics of the environment and natural resources. Topics include the theory of property rights, externalities, regulation and the economics of optimal pollution control. Each topic is analyzed within the setting of regional and aggregate economic growth, with the primary emphasis being placed upon determining the most efficient solution for balancing the multiple goals of growth and the long-term preservation of limited natural resources and environmental quality. To this end, the class involves the extensive use of the concepts of intermediate microeconomic theory. Prerequisite: ECON 201C.
  • 3.00 Credits

    This course gives the student a rigorous and detailed look at advanced areas of economic analysis. It covers both pure theory and applications of that theory. The student is exposed to original work by important researchers in economics and has the opportunity to read both classic articles and those dealing with recent developments such as uncertainty, informational economics, and game theory. Strongly recommended for students considering graduate school. Prerequisites: ECON 201C and 202 with grades of "B" or higher.
  • 3.00 Credits

    This course investigates the various theoretical and empirical aspects of credit instruments, financial markets, and depository institution behavior. Specifically, topics such as money and capital markets, interest-rate determination, regulatory reform, and government policy are considered as they pertain to our monetary economy. Prerequisite: ECON 301C.
  • 3.00 Credits

    This seminar looks at current issues and problems in economics. All majors in economics are required to participate and will be furnished with reading lists in order to participate in written and oral reports on specific topics. Restriction: Senior Economics majors.
  • 3.00 Credits

    This course enables students to apply and enhance their understanding of economics through an approved work experience in business or government. Graded "S"/"U Restrictions: Junior or senior Economics majors with minimum 2.50 GPA. Prerequisites: Approval of the Internship Coordinator and the Department Chair.
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