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Course Criteria
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3.00 Credits
This course will introduce students to the economics analysis of our legal framework pertaining to property, contract and tort law. Additional topics will include an examination of the legal process and the relationship between crime and punishment.
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3.00 Credits
This course will explore cutting-edge work by economists on care for the poor, considering both government and non-government activities. The course will also consider religious organizations' role on these topics and economic topics on religion more generally. The course will improve student's understanding of economic theory and empirical scientific economic research.
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3.00 Credits
This course focuses on the strategic behavior of firms in imperfectly competitive markets. The course will cover the acquisition and use of market power by firms, strategic interactions amongst firms, and the role/effects of government competition policy. There will be a strong emphasis on applying the theoretical tools developed in class to assess markets and issues observed in the world.
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3.00 Credits
A study of the general theory of international trade; the pattern of trade, gains from trade, tariffs, trade and special interest groups, trade and growth, foreign exchange markets, balance-of-payment problems, and plans for monetary reform.
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3.00 Credits
This is a course on international microeconomics. Its primary goal is to develop analytical tools to help us to understand the causes and consequences of international trade flows. The course covers models of comparative advantage, which shows that countries engage in international trade to exploits differences in technology and resources, as well as new trade theories that emphasize increasing returns to scale in production. A substantial amount of time will also be devoted to studying the impact of trade policies, such as tariffs, quotas, export subsidies, and trade agreements on the economy.
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3.00 Credits
This course examines major institutional changes in the international financial system, theoretical developments in the field of international monetary economics, and policy issues in the contemporary global finance. Topics include balance-of-payments accounts, exchange rate markets and systems, open-economy macroeconomics, international debt, and contemporary international monetary and financial arrangements.
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3.00 Credits
An examination of the roots of independence in Latin America. An analysis of the key problems of economic development and the policies prescribed for their solution.
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3.00 Credits
This course is an introduction to the study of economic growth. After a brief preamble, the first two parts of the course review the "proximate determinants" of income levels and growth rates - factor accumulation, technology and efficiency - and discuss the relevant theoretical models. The third part looks at the "fundamental determinants" of differences in income levels and growth rates across countries. A final section of the course discusses current and future trends of demographic change, technical progress and the environment.
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3.00 Credits
This course is the seminar version of ECON 40110. The course intends to ask how it is that we have arrived at this curious configuration of doctrines now called "economics"; and importantly, how differing modes of historical discourse tend to ratify us in our prejudices about our own possible involvement in this project. The course will begin in the 18th century with the rise of a self-conscious discipline, and take us through the stabilization of the modern orthodoxy in WWII. Effort will be made to discuss the shifting relationship of economics to the other sciences,natural and social. A basic knowledge of economics (including introductory economics and preferably intermediate economics) will be presumed.
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3.00 Credits
This course is the seminar version of ECON 40201. It focuses on Labor and the U.S. Economy. It will address the following questions: What has happened to workers' wages, working conditions, and union organization? What has happened to family income and the distribution of wealth? How have women and people of color fared? How have workers been affected by government policies, such as tax cuts, budget deficits, deregulation, welfare reform, trade agreements, and Social Security policy? What are the possibilities for change, of policies as well as the basic structures of power and influence in our economy? The course will compare and contrast orthodox views with perspectives drawn from the writings of Marx, Keynes, Veblen, Polanyi, and other economists in the political economy tradition.
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