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Course Criteria
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3.00 Credits
Credits: 3 Prerequisites: ECO 181, ECO 18and MTH 11-MTH 1or MTH 141-MTH 142 Corequisites: None Type: SEM The world s fastest-growing economies in the postwar period are clustered in East Asia. Provides, through economic analysis, a deeper knowledge of East Asian economic growth and an understanding of the growth and development process through real-world applications. With the focus on East Asian economies, covers major issues in economic development, theories of growth and convergence, and some current macroeconomic issues of East Asian countries.
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3.00 Credits
Credits: 3 Prerequisites: ECO 405 Corequisites: None Type: LEC Explores theories of the existence and growth of urban economies, location and its relationship to industrial organization and trade, and the internal organization of cities. Further covers land and housing markets; pricing and resource allocation in urban transportation; the economics of local government, local public goods, property taxes, and zoning; and the economics of income and race segregation in urban areas. ECO 41 and ECO 09 cannot both be taken for credit.
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3.00 Credits
Credits: 3 Prerequisites: ECO 407 Corequisites: None Type: SEM The goal of this course is to enable students to learn the concepts and tools necessary to understand the interconnections between the financial side and the real side of the US economy and how the Fed impacts this through monetary policy.
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3.00 Credits
Credits: 3 Prerequisites: ECO 407 Corequisites: None Type: LEC Involves an overview of financial decision making and the functions of financial markets. The course first focuses on financial decisions made by individuals and firms and then investigates the way these decisions are implemented through financial systems. The key concepts are resource allocation over time, evaluation of cash flow, risk management, project evaluation, and asset pricing models.
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3.00 Credits
Credits: 3 Prerequisites: ECO 407 Corequisites: None Type: LEC Introduces the international financial system; including the spot and forward foreign exchange markets; triangular arbitrage, currency futures, interest arbitrage, the balance of payments, fixed vs. flexible exchange rates, devaluation and the balance of trade, measuring and managing foreign exchange exposure, and import and export financing.
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3.00 Credits
Credits: 3 Prerequisites: ECO 405 Corequisites: None Type: LEC Covers the classical law of comparative advantage; modern theories of trade (including the Heckscher-Ohlin and specific-factor models of trade); growth and trade; international factor movements; multinational corporations; trade-related international organizations; the effects of trade policies with tariffs, quotas, and other instruments; preferential trading arrangements; and topics in economic integration. Also covers briefly the balance of payments, foreign exchange markets, and the international monetary system.
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3.00 Credits
Credits: 3 Prerequisites: ECO 181 and MTH 121-MTH 1or MTH 141-MTH 14 Corequisites: None Type: LEC In-depth investigation of the Marxist theory of capitalism, centering on value and surplus value, accumulation of capital, and class struggle; also, this course considers the theory of pre-capitalist societies.
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3.00 Credits
Credits: 3 Prerequisites: ECO 405 Corequisites: None Type: LEC Analyzes various educational policies. Topics include returns to education, economics of class size, school quality effects, cognitive test achievements, school performance assessment, student dropout behavior and post-schooling labor market experience. This course is not aimed at addressing all questions in the economics of education. Instead, it provides basic concepts, tools, and economic intuition in addressing various educational issues from an economic point of view. Students should be able to apply these concepts and tools to other educational policy issues after completing this course.
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3.00 Credits
Credits: 3 Prerequisites: ECO 405, ECO 407 Corequisites: None Type: SEM Studies wage theory and the institutions that affect the supply of and demand for labor. Also examines wage differentials and such policy problems as unemployment, discrimination, and government regulation of wage-setting institutions.
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3.00 Credits
Credits: 3 Prerequisites: ECO 405, ECO 407 Corequisites: None Type: LEC Explores relationships among the techniques of human-capital formation (education, on-the-job training, financing, human-capital maintenance, health care, and job safety), human-capital mobility (occupational information, relocation), and economic performance.
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