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Course Criteria
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3.00 Credits
Analyzes the theoretical determination of labor supply and demand, wage rates and the levels of employment with applications to competitive, monopsonistic and unionized markets. Includes discussions of how job characteristics, educational attainment and discrimination combine with legislation and governmental policies to determine the distribution of income to specific segments of the population.
Prerequisite:
ECON 102, ECON 113, or HONR 166
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3.00 Credits
Deals with monetary and banking principles and practices, credit, commercial banks and other financial institutions, and the Federal Reserve System. If prerequisite courses are not met department approval is required.
Prerequisite:
ECON 101, ECON 113, or HONR 165
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3.00 Credits
Deals with theory and categories of public expenditures, principles and effects of taxation, major forms of taxes, theory and problems of government borrowing and deficit financing, fiscal policy, budgets, and fiscal administration. If prerequisite courses are not met department approval is required.
Prerequisite:
(ECON 101 or HONR 165) and (ECON 102 or HONR 166) or ECON 113
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3.00 Credits
Introduces the fundamental concepts of health care markets. Transactions among health care providers, insurance companies, government and patients will be examined. Basic tools of economics are introduced to analyze the behavior of consumers, hospitals, insurers, and health care professionals. Topics covered include the demand and supply of health care, health insurance, pharmaceutical industry, quality of care, access to care, competition, reform proposals, and government programs and regulation. If prerequisite courses are not met department approval is required.
Prerequisite:
ECON 102, ECON 113, or HONR 166
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3.00 Credits
Introduces basic theory of international trade and finance. Highlights sources of comparative advantage, gains and losses from trade, the impact of trade on economic growth, and effects of trade policy interventions such as tariffs, quotas, voluntary export restraints and export subsidies. International agreements on regional trade liberalization (such as EU and NAFTA) and on multilateral trade liberalization (e.g., WTO) will also be discussed. Topics on international finance include balance of payments, determination of foreign exchange rates, and international monetary system. If prerequisite courses are not met department approval is required.
Prerequisite:
ECON 102, ECON 113, or HONR 166
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3.00 Credits
Provides the opportunity for students to have a hands-on experience in applying various economic research methodology and analysis in addressing current socio-economic issues. Quantitative research approaches and the use of computer statistical software are essential in this course. If prerequisite courses are not met department approval is required.
Prerequisite:
(ECON 101, ECON 102, ECON 113, HONR 165, or HONR 166) and (MATH 117 or SCMG 200)
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3.00 Credits
This course will cover the economic analysis of the law, including how economics shapes the law, the applications of economic analysis required to apply the law, and the economic analysis of the effects of new laws or regualtions. Students will cover tort law, contracts law, property law, and criminal law each semester. Students choose additional topics that are covered, including intellectual property law, antitrust law, and civil procedure as time permits. Students will engage in research on the topic of their choice and present their findings to the class as a whole.
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3.00 Credits
Discusses the economics of industrial location, land utilization, urban structure, and regional development. Problems of locational change and adjustment are analyzed. Objectives, methods, and implications of policies of public control are emphasized.
Prerequisite:
ECON 102, ECON 113, or HONR 166
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3.00 Credits
Focuses on environmental issues from both a microeconomic and macroeconomic point of view. Pollution control policies such as taxes, subsidies, marketable pollution permits, and government mandated pollution standards are analyzed from theoretical and applied perspectives. If prerequisite courses are not met department approval is required.
Prerequisite:
ECON 102, ECON 113, or HONR 166
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3.00 Credits
Analyzes structure, conduct, and performance of American industry with emphasis on the economic and social impact of the concentration of economic power in the industrial sector. If prerequisite courses are not met department approval is required.
Prerequisite:
ECON 102, ECON 113, or HONR 166
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