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Course Criteria
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3.00 Credits
An introductory course covering issues relating to individual economic units: namely, the individual consumer, the individual firm, the individual factors of production-land, labor, and capital. Topics covered include, but are not limited to, price theory, price determination through equilibrium, supply and demand, analysis of consumer demand, utility theory and marginal utility, consumer equilibrium, indifference curve analysis, analysis of supply, theory of production, pricing in perfectly and imperfectly competitive markets, types of imperfect competition, anti-trust laws in the U.S., and distribution of income. 3 credits.
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3.00 Credits
Money and its equivalents, interest rates, and the banking system. In particular, the workings of the money market and its instruments, including treasury bills and commercial paper, financial institutions, and monetary policy and its effects on the national and global economies. Prerequisites: EBE 101 and 102. 3 credits.
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3.00 Credits
Analysis of total national output, income, employment and price level determinations, as well as factors contributing to long-term growth. Government's economic role in fiscal and monetary policy is also discussed. Prerequisites: EBE 101 and 102. 3 credits.
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3.00 Credits
Optimal economic decision making on the level of individual economic units: optimal consumer decision-making and optimal producer decisionmaking. In-depth study of utility analysis and costs of production. Prerequisites: EBE 101 and EBE 102. 3 credits.
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3.00 Credits
The city as an economic organization. Urbanization trends, functional specification, and the nature of growth within the city; organization of economic activity within the city and its outlying areas, the organization of the labor market, and problems of urban poverty; the urban public economy; housing and land-use problems; transportation problems; special problems within the public sector. Prerequisites: EBE 101 and EBE 102. 3 credits.
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3.00 Credits
The unique aspects of the economy of Israel as affected by international, national, and regional political developments with reference to overall economic development, agriculture, industry, the Kibbutz, Moshav, and the private sector. Prerequisite: EBE 101 and EBE 102. 3 credits.
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3.00 Credits
The influence of the quantity of money on prices, growth and employment and its relation to the central banking system's control of the money supply. Prerequisites: EBE 101 and 102. 3 credits.
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3.00 Credits
How societies with differing social, political, and economic systems (e.g. China, India) have organized themselves to satisfy economic needs. Analysis of the theory and practice of capitalism, socialism, and communism. Prerequisite: EBE 101 and 102. 3 credits.
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3.00 Credits
The development of economic thought as related to the changing economic and intellectual environment. Emphasis is on the modern period from Adam Smith to the present, and understanding the origins of contemporary economic concepts. Prerequisites: EBE 101 and 102. 3 credits.
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3.00 Credits
Interdependence of competitive and monopolistic tendencies. Industrial structures and their concentration and effect on economic performance, competitive markets, monopolies, oligopolies, monopolistic competition; anti-trust laws and their effectiveness. Prerequisite: EBE 212. 3 credits.
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