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Course Criteria
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3.00 Credits
Special Topics
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3.00 Credits
Does crime pay? Of course! How crime and criminals are dealt with in tribal and non-Western societies; considerations of crime by political scientists, psychologists, sociologists, and economists; recommendations for controlling crime. Topics includes crimes of theft and violence, white-collar crime, capital punishment. Open to all students with sophomore or higher standing. Counts as an elective for economics majors. Writing-intensive. Brower
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3.00 Credits
Human health, national and personal, from an economic perspective. Expenditures on health are a primary determinant of quality of life. In the United States and in many other countries in the developed world, health-care expenditures are rising faster than comsumer income. Thus, understanding the economics of health is important, especially given the increasingly complex ways in which health-care services are delivered. Topics include the value of health from an individual and societal perspective; demand for physicians and other health services; supply of health care; insurance; international comparison of health expenditure and the role of government. May be counted as an elective for the economics major or minor. Prerequisite: Economics 152 or permission of instructor. Alternate years. (U1) von Allmen
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3.00 Credits
This course applies economic theory to a variety of amateur and professional sports, including baseball, hockey, football, basketball, soccer, and golf. Principal areas of interest are labor, markets, industrial organization, and public fi nance. Topics for discussion: unions and strike behavior, the monopoly power of leagues, the baseball antitrust exemption, the effect of free agency on competitive balance and player salaries, and the funding of stadiums. Prerequisite: Economics 152. Alternate years. von Allmen
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3.00 Credits
Theory of production; market structures; equilibrium of the fi rm and the industry; pricing of factors of production; analysis of consumer behavior; general equilibrium analysis; welfare economics. Prerequisites: Economics 152 and 156, college-level calculus (Mathematics 108, 170, or 106-166), and sophomore standing or permission of the instructor. Aziz, Brower, von Allmen
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3.00 Credits
Macroeconomic theory and policy. Development and historical background of a unifi ed macroeconomic model to explain the national income, infl ation, and unemployment; economic growth. Analysis of current domestic and international economic events. Sophomore standing or instructor permission. Prerequisite: Economics 152. Spring. Leeds, Munemo, L. Ravelle, West
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3.00 Credits
An integrative approach to theories and challenges of economic development in developing countries. Topics include population growth, education and health, capital formation and technology, socio-cultural foundations of development, trade, and the role of domestic and international institutions, especially the World Bank. Case studies are used from around the world. Prerequisite: Economics 152. Alternate years. Leeds, West
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3.00 Credits
Relevant theories of fi nancial management of business organizations, with emphasis on corporate form. Combines theoretical and environmental frames of reference to determine how fi rms maximize value. Topics include real and fi nancial-asset valuation, risk and rates of return, cost of capital, portfolio choice, and long- and short-term fi nancing decisions. Prerequisites: Economics 152 and 156, Accounting 157. Writing-intensive. Leeds, Munemo, L. Ravelle
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3.00 Credits
This course explores theories of externalities and public goods as applied to pollution and environmental policy. Trade-offs between production and environmental amenities and assessment of non-market value of environmental amenities. Topics include remediation and clean-up policies, development, and biodiversity management. Prerequisite: Economics 152. Alternate years. Aziz
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3.00 Credits
This course introduces the economic dimensions of environmental and energy issues. Use of economic models to approach energy and environmental issues in a way that leads to socially responsible and economically sound policy. Specifi c applications include fi sheries, oil and gas reserves, and wildlife management. Prerequisite: Economics 152. Alternate years. Aziz
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