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Course Criteria
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3.00 Credits
Analyzes patterns of economic and institutional development in the Middle East. Topics include the general trends in economic growth, investment, and institutional changes in the Middle East, population and human development issues, economics and politics of oil and trade, the structure of state and its role in economic development, financial markets and Islamic banking, and business environment.
Prerequisite:
ECON121 AND ECON122
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3.00 Credits
Applies the analytical tools of economics to a variety of contemporary policy issues. Costs and benefits of social regulation are assessed in connection with such problems as inflation, poverty and income distribution, environmental pollution, economic growth and technological change, and provision of education and medical care.
Prerequisite:
ECON121 AND ECON122
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3.00 Credits
Studies modern statistical methods in Business and Economics. Topics include probability distributions, hypothesis testing, regression and correlation analysis, analysis of variance, and designs of experiments.
Prerequisite:
ECON121 AND ECON122 AND ECON256
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3.00 Credits
Introduces students to the various forecasting methods and their application in economics, business, and finance. Topics covered include regression techniques, exponential smoothing, decomposition of time series, moving averages, ARIMA models, and VAR models.
Prerequisite:
ECON121 AND ECON122 AND ECON256
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3.00 Credits
Introduces students to the economics of health and health care by applying micro and macro-economic theories to analyze the efficiency and effectiveness of the production and delivery of services in the health sector industries. Topics include demand for health and health care, supply of health care, government intervention in health care, the structure of the health care market, asymmetry of information, and presence of externalities.
Prerequisite:
ECON121 AND ECON122
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3.00 Credits
Introduces students to the economic issues relevant to the sports industry. Topics include analysis of labor markets, industrial organization, and public finance relevant to the sport industry such as competitive balance, public financing of stadiums, and discrimination.
Prerequisite:
ECON121 AND ECON122
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3.00 Credits
Introduces students to how economic theories can be applied in the managerial decision-making process. Topics include consumers and producers' theories, demand analysis and optimal pricing, competing within markets, game theory and pricing strategies for firms with market power, and the economics of information.
Prerequisite:
ECON121 AND ECON122 AND ECON156 AND MATH150 OR MATH160
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3.00 Credits
Applies modern economic theory and statistical methods to analyze Business and Economic data. Topics include regression analysis of time series and cross-sectional data applied to measurements of demand and supply model, income distribution and growth model, and techniques needed to conduct applied economic research using econometric software.
Prerequisite:
ECON121 AND ECON122 AND ECON256
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3.00 Credits
Reviews the theories of political economy, national and international economic policies. Topics include perspectives on conservative, radical, liberal and modern approaches to political economy, contemporary issues in political economy, public policy, trade, poverty, inequality, education, health, culture, and environment.
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3.00 Credits
Introduces students to the mechanics and procedures of conducting basic research and writing a formal research paper in Economics. Students develop their analytical and critical thinking skills, learn how to apply Economic concepts and ideas to their areas of interest, and become more effective communicators in the discipline.
Prerequisite:
ECON221 AND ECON222 AND ECON456
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