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Course Criteria
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3.00 Credits
Poverty is a problem confronting most of the world’s societies. This course examines poverty from economic, political, social, cultural, and psychological points of view. Special attention is given to poverty and the programs that have been designed to combat it in the United States since the Great Depression. Prerequisites: ANTH 0101, ECON 0101.
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3.00 Credits
A study of labor demand, wage theory, labor supply, and human capital analysis. Under labor demand, marginal productivity theory is discussed and then applied to minimum wages, teenage unemployment, and professional sports. The introduction to labor supply begins with the theory of consumer demand and proceeds with the analyses of labor force participation rates and the economics of education. The course concludes with a discussion of labor market policies. Prerequisites: ECON 0102, 0103
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3.00 Credits
A theoretical analysis of market structures and their effects on efficiency, equity, and the environment. Focus is on the industrial structure of the United States and the public policy response. Emphasis is on oligopolies and their role in the American economy. Prerequisites: ECON 0102, 0103, 0204.
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4.00 Credits
This course deals with regression theory covering bivariate and multiple regressions with associated problems such as multicollinearity, heteroscedasticity, and autocorrelation. Coverage extends into estimation techniques, including simultaneous-equation models. Prerequisites: ECON 0102, 0103, 0204
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3.00 Credits
Focuses on the effect of public-sector decisions on resource allocation. The first section examines the nature of public goods and income, expenditure, wealth-based taxes, and benefit cost analysis as tools in supplying public services. Includes a brief treatment of capital budgeting. Secondly, economic explanations of political decision making are discussed, including the behavior of voters, members of the political parties, elected representatives, and bureaucrats. The final selection examines the three principal forms of taxation. Prerequisite: ECON 0205.
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3.00 Credits
The course examines the role of energy in economic development, models of efficient energy management, OPEC behavior, and world oil crisis. Coverage extends into environmental issues (air pollution, solid waste, acid rain) and government policies.
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3.00 Credits
This course examines the questions as to why regions grow, or fail to grow, and what, if anything, can government do about it. The focus of the course is on examining the major theoretical approaches to regional economic change, including the basic principles of regional economics. Prerequisites: ECON 0102 or ECON 0103
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3.00 Credits
The economic history of the United States from World War I to the present, with particular emphasis on the economics of the Great Depression, the New Deal, experiments with fiscal and monetary policies of the '60s and '70s, and the rise and fall of supply-side economics. Prerequisites: ECON 0102, 0103.
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3.00 Credits
The study of labor economics begins with classical and neoclassical economic theory as applied to labor as a factor of production, including the evaluation of various labor market hypotheses. The course proceeds into a comparison of the various perspectives on labor and concludes with labor management relations and the effects of unionism. Prerequisites: ECON 0102, 0103.
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3.00 Credits
An examination of the theory of international trade and international monetary economics. Prerequisite: ECON 0206
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