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ECONOMICS 301: IntermediateMicroeconomics
3.00 Credits
Illinois Wesleyan University
Neoclassical analysis of the behavior of households and firms, the determination of prices, and the allocation of resources in a market economy. Prerequisite: 100. Offered each semester.
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ECONOMICS 301 - IntermediateMicroeconomics
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ECONOMICS 302: IntermediateMacroeconomics
3.00 Credits
Illinois Wesleyan University
Analysis of the overall performance of an economy with emphasis on the effects of monetary and fiscal policy. Topics include unemployment, inflation, long-run economic growth and business cycle stabilization. Prerequisite: 100. Offered each semester.
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ECONOMICS 302 - IntermediateMacroeconomics
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ECONOMICS 311: Money and Banking
3.00 Credits
Illinois Wesleyan University
Analysis of the pricing of bonds and financial derivatives, banking theory and operation,monetary theory, and the role of banks in the economy at the national and international level. Includes the study of public policy related to bank activity and to economic stability. Prerequisite: 100. Offered each fall.
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ECONOMICS 311 - Money and Banking
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ECONOMICS 314: Industrial Organization and Public Policy
3.00 Credits
Illinois Wesleyan University
Study of markets dominated by a few large firms. Examines firms' strategic behavior and market performance related to pricing, profitability, advertising, innovation, and predatory conduct. Prerequisite: 100.
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ECONOMICS 314 - Industrial Organization and Public Policy
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ECONOMICS 324: Public Finance
3.00 Credits
Illinois Wesleyan University
The application of microeconomics to government budget policy. A variety of government spending and tax policies are analyzed for their impacts on individuals and society, and evaluated for their fairness and efficiency. Prerequisite: 100.
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ECONOMICS 324 - Public Finance
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ECONOMICS 325: History of Economic Thought
3.00 Credits
Illinois Wesleyan University
Study of the development of mainstream and dissident economic thought from 17th centuryMercantilism through Keynes. Prerequisite: 100.
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ECONOMICS 325 - History of Economic Thought
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ECONOMICS 328: Applied Econometrics
3.00 Credits
Illinois Wesleyan University
Methods for quantitative research in economics. Topics include the formulation of an empirical model; estimation and hypothesis testing; and violations of the classical regressionmodel. Prerequisites: 227, 301, 302, or consent. Offered each spring.
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ECONOMICS 328 - Applied Econometrics
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ECONOMICS 329: Labor Economics
3.00 Credits
Illinois Wesleyan University
A study of economic aspects of labormarkets. Topics include labor demand and supply, investments in education and training, labormarket discrimination, unemployment, and labor unions. Prerequisite: 100.
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ECONOMICS 329 - Labor Economics
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ECONOMICS 340: Environmental and Natural Resource Economics
3.00 Credits
Illinois Wesleyan University
The application of microeconomics to issues of the environment and natural resource use. Economic institutions are examined for their effects on the use of renewable and non-renewable resources. The economic causes of pollution and the available policy responses are explored. Prerequisite: 100.
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ECONOMICS 340 - Environmental and Natural Resource Economics
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ECONOMICS 351: International Trade
3.00 Credits
Illinois Wesleyan University
The economic factors that induce countries to engage in international trade are examined, along with the various challenges facing the international trading system. Gains from trade, comparative advantage, international factor movements, and trade policy are among the principal topics addressed. International Trade and International Finance are the core courses in international economics. They can be taken in either order. Prerequisite: 100.
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ECONOMICS 351 - International Trade
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