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  • Economics 325F: Comparative Economic Systems

    3.00 Credits
    Hamilton College

    A comparative analysis of economic systems and criteria for evaluation. An examination of market, command, mixed and market socialist economies. Emphasis on problems of transition in former communist countries and Japan and Germany compared to the United States. (Writing-intensive.) Prerequisite, 102. Maximum enrollment, 20. D Jones.
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  • Economics 340F: Economic Development

    3.00 Credits
    Hamilton College

    An introduction to the historical experience and current economic problems of developing countries and analysis of the process of development; Topics include alternative theories of development; growth, poverty and income distribution; unemployment, urbanization and migration; agricultural transformation, industrialization and trade; globalization of production; education and human capital formation; environment and sustainable development; global financial and debt crisis. (Writing-intensive.) (Quantitative and Symbolic Reasoning.) Prerequisite, 102. Maximum enrollment, 20. EBalkan.
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  • Economics 346F: Monetary Policy

    3.00 Credits
    Hamilton College

    A study of the goals, strategies and tactics of monetary policy. The interaction of the central bank with financial markets, the tools and the transmission mechanism of monetary policy, the money supply process, the structure of the Federal Reserve System and the international financial system. Emphasis on policy application. Students in the class have the opportunity to participate in the College Fed Challenge, a national competition in which teams of students make a presentation to monetary policy experts about the current state of the economy and the future course of monetary policy. (Oral Presentations.) Prerequisite, 102 and 265 or Government 230 or Math 253. Maximum enrollment, 20. A Owen.
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  • Economics 350F: Economics of Poverty and Income Distribution

    3.00 Credits
    Hamilton College

    A study of domestic poverty and of government programs designed to address poverty. Topics include the definition and measurement of poverty, the factors associated with becoming poor and the design, purpose, financing and individual incentive effects of various state and federal public assistance programs, as well as their effectiveness in reducing the incidence or duration of poverty. Prerequisite, 102. Hagstrom.
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  • Economics 360S: Health Economics

    3.00 Credits
    Hamilton College

    An analysis of the economics of health and medical care, with particular emphasis on the provision of health care in the United States. Topics include the structure of public and private health insurance programs, financing the rising costs of medical care and the impact of health status on labor supply and retirement decisions. Relates these issues to current public policy debates surrounding the health care profession. Prerequisite, 102. Wu.
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  • Economics 365S: Economic Analysis of American History

    3.00 Credits
    Hamilton College

    An examination and explanation of the development of the American economy, focusing on the period from 1840 through World War II. Topics include the economics of slavery and share cropping, the rise of big business, railroads and economic growth, the development of banks and the causes of the Great Depression. (Writing-intensive.) Prerequisite, 102. Maximum enrollment, 20. Jensen.
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  • Economics 375S: History of Economic Thought

    3.00 Credits
    Hamilton College

    A survey of economic theory and methodology from the early Greeks to the present. Discussion of the ideas of major economic writers such as Smith, Marx, Marshall and Keynes, with attention paid to historical context as well as relevance to current economic debates. (Writing-intensive.) Prerequisite, 102. Maximum enrollment, 20. Georges.
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  • Economics 400F: Econometrics

    3.00 Credits
    Hamilton College

    An introduction to econometric methods that are frequently used in applied economic research. Emphasis on interpreting and critically evaluating empirical results and on establishing the statistical foundations of widely used econometric methods. Topics include the classical linear regression model, functional form, dummy explanatory variables, binary choice models, panel data models, heteroskedastic and autocorrelated disturbance terms, instrumental variables estimation and an introduction to simultaneous equation models. Three hours of class and 75 minutes of laboratory. Prerequisite, 265 or Mathematics 253 or 352. Pliskin.
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  • Economics 425F: Financial Economics

    3.00 Credits
    Hamilton College

    A study of individual level investment decisions and the equilibrium determination of asset prices. Mean-variance analysis motivated by the tradeoff between risk and return. An introduction to asset pricing models, including the CAPM and multi-factor models. An introduction to derivatives, including stock options, futures and swaps. Discussions of the Efficient Markets Hypothesis, arbitrage, and contributions from behavioral finance. Other topics may include: fixed income pricing, Arrow-Debreu securities and the completeness of markets, and the binomial asset pricing model. Prerequisite, 265 and 275 or equivalent, or consent of instructor. Maximum enrollment, 20. Barth.
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  • Economics 435S: Industrial Organization Theory and Applications

    3.00 Credits
    Hamilton College

    Theoretical and empirical analysis of firm conduct with emphasis on firms in oligopolistic industries. Examination of conduct primarily, but not entirely, from a game theory perspective. Exploration of business practices such as product differentiation and advertising, research and development, and price discrimination. Consideration of relevant public policies, especially antitrust policy. Prerequisite, 265 and 275 or consent of instructor. Maximum enrollment, 20. Jensen.
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