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Course Criteria
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3.00 Credits
The application of microeconomic theories to managerial decisions with respect to production, pricing, auction behavior, and market participation. Topics include pricing and strategy decision making in the context of auctions, perfect competition, and imperfect competition; production and cost considerations; how to influence competitor behavior; how to react to competitor behavior; understanding and applying marginal analysis (e.g., marginal cost, marginal revenue). Prerequisites: ECON 12100-12200. Not open to students who have earned credit for FINA 30100. 3 credits. (S)
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3.00 Credits
This course challenges students to understand and evaluate the great paradigms in economics. Mercantilism, Physiocracy, and Classical theories will be considered along with marx, the Marginalists, and more modern thinkers. Students will read selections from the original works of the major economic philosophers. Key economic concepts from each paradigm will be explained and analyzed. Students learn how the answers to the most pressing questions in economics evolve over time. Prerequisites: Honors students only. 3 credits. (F,Y)
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3.00 Credits
Some theorists conceive of capitalism as an economic system that is generally resting in a state where workers, firms, and consumers have reached some optimal and harmonious agreement on prices, wages, production levels, and labor hours. From this view, the system tends to be in equilibrium, with the exception of only temporary fluctuations. Others argue that capitalism is always in crisis: that moments of equilibrium are themselves only temporary and that unemployment and instability better characterize the regular state of a capitalist economy. From this perspective, it can be argued that racial and gender identities and hierarchies both reflect and affect the crisis. This class will explore these competing theories and apply them to three different historical time periods: The Great Depression, the Stagflation of the 1970s, and the Boom of the late 1990¿s. It will be a course which is half history of economic thought and half economic history. The readings will include Adam Smith, Karl Marx, John Stuart Mill, Thorstein Veblen, Milton Friedman, Studs Terkel¿s collection of narratives about the Depression, John Maynard Keynes, and Robert Shiller.
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1.00 Credits
An investigation and critique of the present U.S. welfare system, leading to policy implications in the form of alternative systems that would be more cost effective. Economic criteria or optimality conditions provide the parameters for the critique. Social Security, AFDC, food coupons, housing programs, and the relationships between work incentives and welfare are analyzed. Alternatives, such as negative income tax and a restructured welfare system, are studied. Designed primarily for social work minors, but others are encouraged to enroll. Prerequisites: ECON 12200; one course in humanities, social sciences, or business. 3 credits. (S,Y)
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1.00 Credits
Introduction to the economic issues and origins of women's new role in the economy. Topics include the economic impetus behind women's emergence, sex segregation on the job, the low wages of women, discrimination, the economics and policies of family care, and the industrialization of housework and child care. Prerequisites: ECON 12100 or ECON 12200; one course in humanities, social sciences, or business. 3 credits. (S,Y)
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1.00 Credits
Introduction to the study of environmental problems with the perspective, analytical ideas, and methodology of economics. Emphasis is placed on the analysis of environmental policy. Topics include the relationship between economic activity and environmental quality, the role of economic analysis in environmental policy decisions, economic analysis of pollution control strategies, and economic analysis of environmental policy in both the United States and the international community. Prerequisites: ECON 12200. 3 credits. (S)
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1.00 - 3.00 Credits
Topics will vary. May be repeated for credit for topics on different subjects. Prerequisites: ECON-12100 - ECON-12200 . 1-3 credit. (IRR)
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1.00 - 3.00 Credits
Topics will vary. May be repeated for credit for topics on different subjects. Prerequisites: ECON-12100 - ECON-12200 . 1-3 credit. (IRR)
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1.00 Credits
Sustainable development appears to contain three main components: economic growth, social development, and conservation of nature. However, there is not a consensus on the scope or dimensions of the concept, or on how or where sustainable development is occurring. This course will explore sustainable development around the world and investigate some of the roles particular non-governmental organizations (NGOs) are playing in global sustainable development. Prerequisites: enrollment in Washington Program
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1.00 Credits
Why do some people appear to be overpaid while others appear to be underpaid? This course explores how an individual¿s skills and abilities translate into earning power in the labor market. We will also examine how this relationship may be influenced by both personal prejudices and public policies. Prerequisites: Enrollment in Washington Program.
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