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Course Criteria
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3.00 Credits
Credits: 3 Prerequisites: MTH 11-MTH 1or MTH 141-MTH 142 Corequisites: None Type: SEM Discusses mathematical techniques used in economic analysis, including optimization theory, consumer and producer optimization problems, and general equilibrium models.
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3.00 Credits
Credits: 3 Prerequisites: ECO 405, ECO 407 Corequisites: None Type: SEM Focuses on economic issues involving both information and Internet technology. On the information side, the course covers the value of information, issues that arise from information asymmetry, and costs of producing and distributing information. On the technology side, it discusses business implications of the Internet by introducing topics concerning market structure, entry barriers, and conduct and performance of firms. Also addresses issues concerning patents and copyrights in the context of electronic commerce. In addition to discussions and lectures, the course relies on cases, guest speakers, and student projects.
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3.00 Credits
Credits: 3 Prerequisites: ECO 405, ECO 407 Corequisites: None Type: SEM Considers alternative stochastic specifications of linear dynamic econometric models. Studies, among other topics, appropriate estimation techniques, the nature of the fluctuations (business cycles) of major economic variables (GNP, private investment, and so forth) implied by the models, and the problem of forecasting. Emphasizes time-series models.
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3.00 Credits
Credits: 3 Prerequisites: ECO 405 Corequisites: None Type: SEM Analyzes costs and benefits of government sector and taxation. Expenditure topics include public goods, public production of private goods, externalities, Coase theorem, and benefit-cost analysis. Revenue topics include tax incidence, neutrality, revenue productivity, and equity of alternative taxes.
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3.00 Credits
Credits: 3 Prerequisites: ECO 405, MTH 141-MTH 142 Corequisites: None Type: LEC Examines two- and N-person game theory, cooperative and noncooperative games, normal and extensive-form games, and complete and incomplete information games.
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3.00 Credits
Credits: 3 Prerequisites: ECO 405, ECO 407 Corequisites: None Type: LEC Investigates economics of the sports industry; including league rules and formation, salaries of players, and TV and gate receipts as a general equilibrium model.
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3.00 Credits
Credits: 3 Prerequisites: ECO 405 Corequisites: None Type: SEM Studies structure of industries and firms in American and other advanced economies; price and production policies; relationships among structure, competition, efficiency.
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3.00 Credits
Credits: 3 Prerequisites: ECO 405 Corequisites: None Type: LEC Analyzes the economic criteria for regulatory policies and the effects of regulation in various sectors of the economy.
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3.00 Credits
Credits: 3 Prerequisites: ECO 405 Corequisites: None Type: SEM Analyzes the emergence of ownership and property relationships and the effects of these on the production and distribution of products; also compares different property rights systems.
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4.00 Credits
Credits: 4 Prerequisites: MTH 11-MTH 1or MTH 141- MTH 142 Corequisites: None Type: SEM/DIS Covers measures of central tendency and spread in economic data, probability, binomial and normal distributions, estimation, confidence intervals, testing of hypotheses, and analysis of variance. Also introduces and applies simple two-variable regression to real-world data using computer software.
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