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Course Criteria
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3.00 Credits
3 credits Explores the relationship between market structure and performance. Topics include concentration in individual industries, product differentiation and entry barriers, pricing and marketing policies, and antitrust policies and their consequences. Prerequisite: ECO-201 or permission of instructor. Spring.
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3.00 Credits
3 credits Intensive study of the economics of the labor market, which examines the determinants of labor supply and demand, and market equilibrium in the labor market. This enables the student to understand what determines wages, labor force participation, occupational choice, the extent of education and training, unemployment, poverty, union membership, and discrimination in the labor market. Prerequisite: ECO-201 or permission of instructor. Fall.
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3.00 Credits
3 credits Analyzes the economic roles of government: allocation; distribution; and stabilization. The course examines the tools used by governments, especially the federal government, such as taxation, expenditures, regulations and laws in order to achieve economic goals. The course will give special attention to social regulation. Prerequisite: ECO-201 or permission of instructor. Spring.
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3.00 Credits
3 credits This course presents ways in which economic analysis can be used to explain issues in the health care industry. Microeconomic tools will be used to describe the behavior of consumers, producers, and third parties of the health care sector. The course also investigates the role of government in regulating the health care sector, and in providing services to the poor and elderly. Finally, we will use this foundation to examine some recent changes in this industry, and to analyze the most recent proposals for further changes. Note: This course is cross-listed as HTH-336. Students may not get credit for both ECO-336 and HTH-336. For business students who take the course as ECO-336, the course will count as a business course. if taken as HTH-336, the business student will receive credit as a liberal arts course.
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3.00 Credits
3 credits Introduces mathematical economic models. Emphasizes equilibrium analysis, e.g., market and national income models; optimization problems, e.g., profit and utility maximization; and mathematical programming. Introduces differential and difference equations as they relate to dynamic economic models, which introduce time as a variable. Prerequisites: ECO-200 or ECO-201, MSD-105 and MSD-106, or permission of instructor.
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3.00 Credits
3 credits Studies the theoretical and policy-related aspects of the allocation of resources engaged in transportation. Special attention to the pricing and provision of individual and mass transport services in national, regional, and urban settings. Prerequisite: ECO-201 or permission of instructor. Spring.
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3.00 Credits
3 credits Studies the economic forces that influence the observed locational patterns of agricultural, manufacturing, trade, and residential activities in urban and rural areas. Prerequisite: ECO-201 or permission of instructor. Fall.
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3.00 Credits
3 credits Selected current issues are examined within the framework of economic theory. Specific topics undertaken will be announced at preregistration. Prerequisites: ECO-200 and 201 or permission of instructor.
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3.00 Credits
3 credits Studies the contemporary post-Soviet economic system, with emphasis on institutions, policies and issues related to business opportunities in this area. Topics covered include the historic, geographic, political, and cultural setting, planning and plan implementation in the traditional system, current reforms and prospects for the future, with special reference to the foreign trade institutions and experience of foreign firms doing business in the post-Soviet Union and East European countries. Prerequisites: ECO-200, ECO-201. Spring.
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3.00 Credits
3 credits An introduction to the development of economic thought beginning with the Mercantalists and including such schools as the classical, socialist, neoclassical, institutionalist, Keynesian, Chicago, and Galbraithian. Prerequisites: ECO-200, ECO-201, or permission of instructor. Spring.
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