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Course Criteria
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1.00 Credits
One unit. Faculty may offer, from time to time, more specialized topics of interest.
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1.00 Credits
One unit. This course develops the economic theory underlying macroeconomic policy-making in the United States today. It considers competing theoretical perspectives including Post-Keynesian, Monetarist, and supply-side approaches and the debates on the role of government, taxation, and stabilization policy, the balanced budget and the national debt, and money and credit. The actual practice of fi scal and monetary policy is examined in the light of the infl uences of the international economy on the United States. Prerequisite: EC 101. Offered fall semesters.
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1.00 Credits
One unit. Microeconomic theory is applied extensively every day in a range of business, governmental and not-for-profi t organizations in manufacturing and service production, healthcare, and transportation. This course elaborates on and applies the core economic principles developed in EC 102 to answer questions of allocation, organization, and pricing from orthodox and heterodox perspectives. Policy issues of anti-trust, environmental protection, and utility pricing are also explored. Prerequisite: EC 102. Offered alternate spring semesters.
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1.00 Credits
One unit. This course will demythologize the worlds of foreign exchange markets, balance of payments, and international fi nancial institutions such as the IMF, the World Bank, and their affi liates. It will take a historical approach to unveil some of the major confl icts that are currently unraveling the world monetary system. We will also discuss some possible directions for the future restructuring of the system. Prerequisite: EC 101 or 102. Offered fall semester.
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1.00 Credits
One unit. This course will explore modern trade theory with a major emphasis on developing and using economic modeling to explain the rationale and direction of modern trade fl ows. A discussion of changes in current practices of commercial policy in the context of new information technology and geo-economic structures will be included as well as the new European Economic Community. Prerequisite: EC 101 or 102. Offered spring semester.
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1.00 Credits
One unit. This course analyzes environmental issues from an economic perspective. It draws on both orthodox and alternative approaches to examine issues of sustainable development and policies to correct environmental pollution and maintain habitat and species. Issues covered will include global warming, acid rain, ozone depletion, habitat and species preservation, and the economics of recycling. Prerequisite: EC 101 or 102. Offered alternate fall semesters.
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1.00 Credits
One unit. The course will explore the ways in which genocide is a logical extension of economic discrimination. This includes, but will not be limited to, an investigation of the economic motivations behind the 20th centuries classic cases of genocide: the Aghet (Turkish genocide against the Armenians), the Holocaust, the Khmer Rouge, and the Hutu-power genocide. Examples of previous cases of genocide such as the nineteenth century attempt at the extermination of the indigenous American tribes will be brought in as appropriate. Prerequisite: EC 101 or 102. Offered alternate spring semesters.
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1.00 Credits
One unit. While executive compensation has soared and dot.com millionaires have proliferated, more than one in fi ve American children grow up in poverty. Inequality in the United States is the highest it has been since the Gilded Age at the turn of the century. In this course we will examine why the rise of "winner-takeall"markets has coincided with falling incomes for the poor, and the roles of globalization, technology, family structure, immigration, and other factors in producing these outcomes. We will conclude the course by examining the history and role of unions, the practice of collective bargaining, and the legal framework for industrial relations in the U.S. Prerequisite: EC 101 or 102. Offered alternate spring semesters.
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1.00 Credits
One unit. This is a faculty supervised work placement, of approximately 100 hours, in the fi eld of economics. This internship will give students an in-depth experience of the application of economic analysis in business, public policy, or international contexts. Students will be required to submit written reports on their accomplishments, job performance, and the placement itself. Research and writing requirements will be coordinated with those of Economics 420. Prerequisites: EC 101, 102, and either 301 or 302; MA 108.
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1.00 Credits
One unit. This course will be offered in the spring concurrently with the capstone course in economic methodology. It is in this senior tutorial that students will develop and refi ne skills in applied economics, such as data collection, manipulation, mining and date organization that are required for a major research paper. The refl ective aspect of the research process will be emphasized. There are two tracks students may choose to follow. They can complete a practicum in the fi eld of economics or design and develop an empirical research project independently. In both, students will use a high level of empirical data analysis with at least two regression programs as well as keep a research diary. The RFT will provide a forum for students to meet collectively to share, refl ect on and discuss their research or practicum with each other. They will be required to orally present at several stages of the senior thesis to economists from Wagner College and at seminars in the Greater New York area. To be taken in conjunction with EC 420.
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