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Course Criteria
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3.00 Credits
SO/QU R.Ball An introductory course in statistics aimed primarily at students in economics and other social sciences. The course develops the theoretical groundwork of statistical inference and investigates the application of theoretical principles and methods to real data. Three hours of class plus two hours of lab per week. Prerequisite: Math 116, or equivalent background in probability and integral calculus
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3.00 Credits
SO J.Frank Theories and practices of corporate finance with a focus on investing and financing decisions of business firms. Topics include financial instruments and markets, valuation and risk measures, financial analysis and planning, cost of capital, capital budgeting, and financial management. Prerequisite: Economics 101, or 102, or 105, or 100 with Chair approval, and conditional on a grade of 3.0 or higher.
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3.00 Credits
SO I.Ghosh How money, the banking system and financial markets interact and affect the macroeconomy. We will study asset markets and asset returns, the determination of equilibrium rates of return and interest rates, and the risk-return trade off in asset markets and its influence on portfolio allocation. We will also cover how monetary policy is implemented through the Federal Reserve System. Prerequisite: ECON 102 and/or 302
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3.00 Credits
SO V.Kontorovich Why do rational people follow fixed rules (laws) instead of doing what is best for them in a specific situation Can there be order without law Should the government compensate people when it issues environmental and wildlife protection regulations which reduce the value of their property The lady who burned herself with a cup of McDonalds coffee won several million dollars in compensation. Does that make sense These and many other questions are addressed as we look at property law, contracts, and torts. Prerequisite: Economics 101 and 102 or Economics 105 and one other economics course. Economics 100 can be applied with approval of Chair, and conditional on a grade of 3.0 or higher.
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3.00 Credits
SO (Cross-listed in Political Science and Russian) V.Kontorovich The Soviet system was inspired by some of the loftiest ideals of humanity. The entire society was redesigned so as to pursue common goals, rather than conflicting private objectives. The economy was run for people, not profits. The Soviet system is no more, but the ideas on which it was founded will probably always be with us. What does the largest social and economic experiment in history teach us The course is 1/3 political science and 2/3 economics. Prerequisite: Two one-sem courses in ECON, POLS, or HIST.
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3.00 Credits
SO/QU Staff This course examines the economic impact of immigration using theoretical economic models to evaluate a large body of empirical economic research. Particular emphasis is on the most recent experience of the US. Prerequisite: Econ 101 or 100 with a grade of 3.0 or above or approval of Chair.
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3.00 Credits
SO (Cross-listed in Gender and Sexuality Studies) A.Preston This course examines the experiences of American women in the labor market over the last 50 years. After an examination of the historical trends of female labor force participation, the course will investigate such important issues facing women in the labor market as: investments in education; participation decisions and the relation between participation and family responsibilities; occupational location; salary growth and salary determinants. Supporting material on institutional factors such as equal employment opportunity legislation and on theoretical concepts in areas such as labor supply, human capital investment, and discrimination will be presented to help understand the empirical labor market outcomes. Comparisons of labor market races will be made throughout the course with the hope of increasing our understanding of why differences arise and whether policy initiatives might be helpful in reducing these differences.
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3.00 Credits
SO R.Ball Analysis of the structural transformation of developing economies; causes and roles of saving, investment, education, and health care; technological change and trade in the development process; strategies and methods of economic planning; income distribution issues. Prerequisite: Economics 101 and 102 or Economics 105 and one other economics course excluding economics 111.
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3.00 Credits
SO Staff This course deals with a phenomenon which is of current interest in the U.S., Western Europe, South Africa, and the nations which created from the former Soviet Union. The field of public finance has grown over the period of increased government intervention in the marketplace. Privatization is a new trend which was initiated by the Prime Minister Margaret Thatcher of Great Britain on the early 1980s and has spread internationally in the 1990s and is expected to intensify in coming years. Services which were traditionally within the domain of governments are transferred to private entities. Prerequisite: ECON 101 or 102, and 203. ECON 100 can be applied with permission of chair, and conditional of a grade of 3.0 or higher.
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