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Course Criteria
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4.00 Credits
An examination and comparison of the behavior and problems of men and women in the economy as workers, consumers, and household members. Economic institutions and outcomes will be analyzed using neoclassical or mainstream economic theories contrasted with newly emerging feminist economic research and theoretical perspectives. Offered in fall semesters of odd numbered years. Prerequisite: ECN 101 Principles of Macroeconomics or ECN 102 Principles of Microeconomics Meets general academic requirement W when offered as 248.
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4.00 Credits
The application of economic principles to the allocation and use of renewable and nonrenewable natural resources and the study of the environmental integrity of economic development. More than onehalf of the course is devoted to the development of the economic principles used to (1) study natural resource use and allocation and (2) understand the economic and political systems in which natural resource decisions are made. The remainder of the course applies these principles to specific natural resources, including population, minerals, energy, forest products, water, wildlife, and biodiversity. Prerequisites: ECN 101 Principles of Macroeconomics or ECN 102 Principles of Microeconomics Meets general academic requirement W when offered as 250.
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4.00 Credits
Analysis of government's role in a mixed economy. Principles of government expenditure and taxation and structure of the U.S. tax system, with emphasis on tax incidence and the effect of tax and spending policies on economic efficiency. The effects of the public debt and deficit are analyzed. Offered in the spring semesters of even numbered years. Prerequisite: ECN 220 or 221 Intermediate Microeconomic Theory Meets general academic requirement W when offered as 333.
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4.00 Credits
The study of the benefits and costs of international trade, including the effects of trade on employment, the distribution of income within nations and across nations, and the environment. The public policy implications will be a central part of the analysis of international trade. Prerequisite: ECN 101 Principles of Macroeconomics and ECN 102 Principles of Microeconomics. Meets general academic requirement W when offered as 335.
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4.00 Credits
The course begins with an introduction of the concept and measurement of economic growth and development. Models of growth and development processes are then analyzed. Problems in areas such as population, education, savings and capital formation, natural resources, foreign trade, foreign aid, etc. are examined, and possible policy measures are explored. Prerequisite: ECN 101 Principles of Macroeconomics and ECN 102 Principles of Microeconomics. Meets general academic requirement W when offered as 337.
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4.00 Credits
Labor market analysis both in micro as well as in macro contexts. In microanalysis, subjects such as wage determination, wage differentials, labor mobility, etc. will be discussed. The macroanalysis covers, among other topics, the following: relationship between wages, prices, and employment general unemployment and its cures labor productivity and labor share in national income. Prerequisite: ECN 101 Principles of Macroeconomics and ECN 102 Principles of Microeconomics. ECN 220 or 221 Intermediate Microeconomic Theory and ECN 222 or 223 Intermediate Macroeconomic Theory are recommended Meets general academic requirement W when offered as 339.
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4.00 Credits
This course traces the development of systematic economic reasoning from the preMercantilist period to modern times. Attention is given to the influence of changing economic conditions and institutions on the progress of economic thought. The seminal ideas of Smith, Malthus, Ricardo, Marx, Walras, Marshall, Keynes, and others are examined. The schools of economic thinking that grew out of the work of these major contributors are studied, including Classical, Marginalist, NeoClassical, Institutionalist, Keynesian, and Radical economics. The evolution of mainstream economics from its early beginnings as laissezfaire political economy to its contemporary scientific approach is considered. The role of scientific methodology in economic inquiry is examined. The historical roots of current economic issues and debates are studied. Prerequisite: ECN 220 or 221 Intermediate Microeconomic Theory and ECN 222 or 223 Intermediate Macroeconomic Theory Meets general academic requirement W when offered as 341.
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4.00 Credits
This course will introduce the student to game theory and its applications in describing the behavior of firms and individuals. We shall examine market structure and its effect on firm behavior and apply modern analytic techniques to develop a thorough understanding of strategic decisions. Prerequisite: ECN 220 or 221 Intermediate Microeconomic Theory or permission of instructor Meets general academic requirement W when offered as 349.
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4.00 Credits
The use of statistical techniques to estimate structural relationships in economics and finance. The basic statistical model employed is the ordinary least squares model in its bivariate and multivariate form. Tests and corrections for violations of the assumptions of the ordinary least squares model will be developed. Students will be required to use an econometrics computer program. Prerequisite: ECN 220 or 221 Intermediate Microeconomic Theory or ECN 222 or 223 Intermediate Macroeconomic Theory and MTH 121 Calculus I and MTH 144 Statistical Analysis or MTH 104 Statistical Methods Meets general academic requirement W when offered as 351.
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4.00 Credits
Under faculty supervision, students will be placed in internship positions with local business and other related organizations in order to gain experience in the application of the theories and concepts learned in the classroom. Students will be required to document their experiences in a written journal, to share their experiences with others in a classroom setting, and to prepare a significant term paper or project report. Open to juniors and seniors only. Passfail only.
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