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Course Criteria
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3.00 Credits
Role of economic theory in analyzing and evaluating natural resource policy issues and sustainable development. Developing models of optimal use of resources: energy, fisheries, water, forests, agriculture, biodiversity. Prerequisite: EC 281S or EC 201S.
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3.00 Credits
Application of microeconomic principles to contemporary environmental policy issues such as air and water pollution, global climate change, and toxic waste. Exploration of cost benefit analysis and methods to value environmental amenities. Prerequisite: EC 281S or EC 201S.
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3.00 Credits
Theory of public decision making. Living in community, origins and appropriate roles of the state, justice in the behavior of the state. Models of voting behavior through simulation. Prerequisite: EC 281S.
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3.00 Credits
Continuation of EC 281S. Theoretical basis for consumer demand, firm production and costs, pricing and output decisions of firms within market structures. Algebraic and graphical models. Explore empirical techniques for estimating demand. Prerequisite: EC 281S.
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3.00 Credits
Continuation of EC 282S. Determinants of aggregate demand and supply, using dynamic and static models of analysis. How to use an understanding of economic analysis to achieve policy objectives and understand trade-offs. Prerequisites: EC 282S and MN 260M.
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3.00 Credits
Applied economic theory, mathematics and statistics in business decision making. Optimization techniques under conditions of uncertainty. Selecting the "best" solutions to business problems. Prerequisites:EC 281S and MN 260M.
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3.00 Credits
History and development of monetary system and financial structure. Money creation and influence on macroeconomic activity. Monetary policy implications of regulatory agencies with specific emphasis on the Federal Reserve. Prerequisite: EC 282S.
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3.00 Credits
Urban growth and decay, location decisions, land use. Transportation, crime, housing, discrimination and segregation, and the urban financial crisis. Prerequisite: EC 281S.
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3.00 Credits
Factors shaping development, underdevelopment of Africa, Asia, Latin America. Also social, political aspects of economic development. Land reform, nature management, appropriate technologies, industrialization, rural-urban migration, foreign investment, aid, trade. Prerequisites: one of EC 281S, EC 282S, or EC 210S.
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3.00 Credits
Economic ideas as developed and expounded by Western economists. The teachings of the mercantilists, physiocrats, Adam Smith, Malthus, Ricardo, Mill, Marx, Marshall, German and American schools of thought.
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