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  • ECO 360: Economic Development

    3.00 Credits
    Centre College

    Cross-cultural study of poverty in low-income societies relative to material affluence in high-income societies. Emphasis given to Third World rural communities with comparisons to Western individualist material cultures and values. Western economic-development thought critiqued via readings in anthropology and globalist perspectives. Prerequisite: ECO 110.
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  • ECO 370: History of Economic Thought

    3.00 Credits
    Centre College

    Study of the economic world views of major economists. Special emphasis is given to "classical" economic thought. The various theories are critically evaluated in order to focus attention on the strengths and weaknesses of modern economic thought. Prerequisite: ECO 110.
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  • ECO 385: Health Economics

    3.00 Credits
    Centre College

    This course applies the theoretical principles of economics to understand the health care sector. The demand and supply of health care services are explored. Attention is given to the intervention and function of government, the effect of health insurance and managed care, how practitioners and customers interact, the role of incentives, and the impact of externalities. In addition, current subtopics of health economics research and public policy are explored. Prerequisite: ECO 110.
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  • ECO 390: Econometrics

    3.00 Credits
    Centre College

    A study of the regression and correlation methods that are used to test economic hypotheses using empirical observations. Bivariate and multivariate single equation models are discussed. Special topics include multicolinearity, serial correlation, specification error, and heteroskedasticity. An introduction to simultaneous equation systems is included. Prerequisite: ECO 210, 220, and MAT 130 or permission of the instructor.
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  • ECO 395: Empirical Analysis in Economics and Finance

    3.00 Credits
    Centre College

    A course designed to give students working knowledge of the statistical tools routinely used in economics and finance. With computer-based projects, the course is taught in a laboratory setting. Topics covered include the use of spreadsheet programs for elementary statistical analysis and report writing, the applications of database software, and the use of state-of-the-art econometric programs for more sophisticated analysis. Prerequisite: ECO 390.
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  • ECO 405: Labor Economics

    3.00 Credits
    Centre College

    Economic and social forces determining the character and utilization of human resources in a market economy. Topics include labor supply, labor demand, collective bargaining, mobility, human capital, unemployment, technological changes, and wage rates. Prerequisite: ECO 110.
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  • ECO 406: Applied Micro Theory:The Case of Sports

    3.00 Credits
    Centre College

    Through a study of the extensive literature on the economics of college and professional sports, various topics in macroeconomic theory, such as monopoly and cartels, racial discrimination, and the relationship between earnings and productivity are examined. The class emphasizes the mastery of the tools of economic analysis as well as the historical and institutional factors peculiar to sports. Prerequisite: ECO 220.
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  • ECO 407: Public Policy Economics

    3.00 Credits
    Centre College

    A study of public policy questions through the use of applied economic analysis. Topics include revenue, regulation, education, environment, and health care policy among others of current policy interest. A strong focus is on rigorous applied analysis of policy questions in a non-partisan frame. Prerequisite: ECO 210, 220, MAT 130.
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  • ECO 420: International Trade

    3.00 Credits
    Centre College

    A course covering the real side of international economics. The first half of the course focuses on theory, discussing models of the determinants and patterns of international trade. The second half of the course is policy oriented, and considers the relative efficiency of trade policy options, the relationship between trade and development, international trade agreements and organizations, trade and the environment, and the politics of trade. Prerequisite: ECO 220. ECO 210 is recommended.
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  • ECO 430: Money and Banking

    3.00 Credits
    Centre College

    A study of the behavior of financial institutions including commercial banks, savings and loans, the Federal Reserve, and the U.S. Treasury, and the role of money in macroeconomic stabilization theory and policy. Prerequisite: ECO 110, 210.
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