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Course Criteria
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4.00 Credits
A study of statistical techniques economists have found useful in analyzing economic data, estimating relationships among economic variables and testing economic theories. Topics include multiple regression, probit and logit analysis, heteroscedasticity, autocorrelation and simultaneous equations models. Prerequisites: Economics 200, 251 and 252. Also offered through Statistics.
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4.00 Credits
Statistical methods for analyzing data that vary over time are investigated. Topics include forecasting systems, regression methods, moving averages, exponential smoothing, seasonal data, analysis of residuals, prediction intervals and Box-Jenkins models. Application to real data, particularly economic data, is emphasized along with the mathematical theory underlying the various models and techniques. Prerequisite: Math 136 or permission of the instructor. Also offered as Mathematics 343.
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4.00 Credits
A systematic study of the mathematical structure of economic theory, with emphasis on the application of calculus and linear algebra to economic analysis. Topics include optimization theory, comparative statistics analysis of market and macroeconomic models, general equilibrium analysis and game theory. Prerequisites: Economics 251, 252, Mathematics 205 and 217.
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4.00 Credits
This course offers an overview of the economic development of America from the colonial period to the present and examines in detail several of the classic controversies of the new economic history including the economic causes of the American Revolution, the evolution of financial markets, the economics of slavery and Reconstruction, the Populist movement and the Great Depression. Emphasis is placed on the role economic theory can play in understanding pivotal events of the American experience. Prerequisites: Economics 200, 251 and 252. Also offered as History 362.
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4.00 Credits
This reading-intensive seminar on behavioral economics (BE) examines the ways in which decisions deviate from predictions of standard economic models, and considers its sister discipline, economic psychology, which tries to explain the reasons why people do not behave as economic models predict. Discussions involve whether market forces, learning and evolution can eliminate these human qualities and lead to rational behavior. We examine anomalies, or the ways in which people deviate from the standard economics models, and explore how behavioral concepts can be incorporated into standard economic models and applied to a particular field (e.g. consumer economics, public economics, economic development and organization economics).
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4.00 Credits
This course complements Economics 308 (Environmental Economics). Standard economic approaches to problems of natural resources are presented and criticized from a variety of different perspectives to give students a deeper appreciation of the role of economic analysis in coping with natural resource scarcity. Specific topics include economics and population growth, economics and environmental ethics, ecological economics and sustainability, biodiversity and water resources. Prerequisites: Economics 200 and 251. Also offered as Environmental Studies 384.
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4.00 Credits
Individual study of a topic under the supervision of a faculty member. Prerequisites: GPA of at least 3.0 in economics and approval by the department.
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4.00 Credits
The purpose of the seminar is to provide an integrative experience for senior majors that will allow them to use what they have learned in previous courses to study a particular issue in economics. Writing, speaking and research skills are emphasized. The issues and topics that form the basis of the seminar vary by semester and instructor. Prerequisites: Economics 200, 251 and 252 and senior standing. Course description will be provided in the Class Schedule.
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4.00 Credits
Individual study, under the supervision of a faculty member, that provides an integrative experience for senior majors, allowing them to use what they have learned in previous courses to study a particular topic in economics. Prerequisites: Economics 200, 251, 252, senior standing, GPA of at least 3.0 in economics and approval of the department prior to the semester the project begins.
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4.00 Credits
Designed to prepare senior majors who are eligible for departmental honors, this seminar is focused on enhancing the student's capabilities in conducting scholarly work in economics. The seminar is offered in the fall of each academic year and it is presumed that students enrolled plan to complete an honors thesis during the spring semester. Prerequisites: GPA of at least 3.5 in economics and approval of the department.
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