Economics courses

ECON 1010 Introductory Microeconomics
Introductory Microeconomics
An introduction to theory of prices and the allocation of resources. Topics include the pricing of goods and services, the determination of wages and returns to capital, market structure, and international trade.
credit hours: 3
Introductory Microeconomics

ECON 1020 Introductory Macroeconomics
Introductory Macroeconomics
An introduction to theory of aggregate income, employment, and the price level. Topics include unemployment, alternative monetary and fiscal policies, and economic growth.
credit hours: 3
Introductory Macroeconomics

ECON 1030 Honors Introductory Microeconomics
Honors Introductory Microeconomics
No prerequisites. Open to students with an honors standing only. A reading intensive introduction to microeconomics.
Notes: The course satisfied the ECON 1010 requirement. Students cannot take both ECON 1010 and ECON 1030.
credit hours: 3
Honors Introductory Microeconomics

ECON 1040 Honors Introductory Macroeconomics
Honors Introductory Macroeconomics
Open to students with an honors standing only. A reading intensive introduction to macroeconomics.
Notes: The course satisfies the ECON 1020 requirement. Students cannot take both 1020 and 1040.
Pre-requistites: ECON 1010 or ECON 1030.
credit hours: 3
Honors Introductory Macroeconomics

ECON 1050 Introduction to Microeconomics for Public Policy
Introduction to Microeconomics for Public Policy
An introduction to theory of prices and the allocation of resources with applications to public policy. Topics include the pricing of goods and services , the determination of wages and returns to capital, market structure, efficiency and equity, welfare economics, externalities, and public goods.
Notes: Counts as course for the new Summer Public Policy Minor
credit hours: 3
Introduction to Microeconomics for Public Policy

ECON 3010 Intermediate Microeconomics
Intermediate Microeconomics
An exposition of modern microeconomic theory. Theory of consumer choice, production cost, product markets, and input markets.
Notes: Students may not receive credit for both Economics 3010 and 3030.
Pre-requistites: ECON 1010 or ECON 1030.
credit hours: 3
Intermediate Microeconomics

ECON 3020 Intermediate Macroeconomics
Intermediate Macroeconomics
An exposition of modern macroeconomic theory. Theory of national income, employment, and the price level. The role of monetary and fiscal policy in economic stabilization and growth.
Pre-requistites: ECON 1020 or ECON 1040.
credit hours: 3
Intermediate Macroeconomics

ECON 3030 Intermediate Microeconomics with Calculus
Intermediate Microeconomics with Calculus
An exposition of modern microeconomic theory using calculus. Topics include theory of consumer choice, firm production cost, competitive and noncompetitive market structures, markets with public goods or externalities, and general equilibrium.
Notes: Students may not receive credit for both ECON 3010 and ECON 3030.
Pre-requistites: ECON 1010 or ECON 1030 and MATH 1210.
credit hours: 3
Intermediate Microeconomics with Calculus

ECON 3100 Economics of Money and Banking
Economics of Money and Banking
Covers both theory of monetary systems and the current structure of United States financial institutions. General topics to be included are monetary systems, financial intermediation and resource allocation, informational value of economy-wide financial markets, the term structure of interest rates, United States financial institutions and their relation to the federal reserve system, regulatory issues, and current tactics in monetary control.
Pre-requistites: ECON 1020 or ECON 1040.
credit hours: 3
Economics of Money and Banking

ECON 3230 Introduction to Econometrics
Introduction to Econometrics
A one semester introduction to econometric theory and practice. After a brief review of probability theory and descriptive and inferential statistics, we will lay the theoretical foundation for the most commonly used tool in applied economics: linear regression. Our study of linear regression will be based on the Gauss-Markov conditions. The final portion of the course will cover applications and special cases of linear regression. The course will make extensive use of the statistical software Stata.
Pre-requistites: Microeconomics, ECON 1010; A course in statistics.
credit hours: 4
Introduction to Econometrics

ECON 3320 Urban Economics
Urban Economics
A review of the determinants of the location, size, growth, and form of urban areas. Study of the major issues of contemporary urban life: physical deterioration, growth of ghettos, congestion, pollution, transportation, and land use.
Pre-requistites: ECON 1010 or ECON 1030.
credit hours: 3
Urban Economics

ECON 3330 Environment and Natural Resources
Environment and Natural Resources
An introduction to the economic theory of how and why people make decisions that have consequences for the natural environment and the availability of renewable and nonrenewable natural resources. Analysis will include valuation of pollution damages and controls, the use of environmental valuations to determine optimal rates of extraction and utilization of natural resources. The course will apply analytical results to current environmental and natural resources issues.
Pre-requistites: ECON 1010 or ECON 1030.
credit hours: 3
Environment and Natural Resources

ECON 3340 Government in the Economy
Government in the Economy
An analysis and description of the role of government in the economy with specific applications to the United States. Sources of market failures such as public goods, externalities, and non-competitive practices are discussed. Other topics include theories of public choice, anti-trust legislation, regulation, the pricing of public sector output, and cost-benefit analysis.
Pre-requistites: ECON 1010 or ECON 1030.
credit hours: 3
Government in the Economy

ECON 3350 Law and Economics
Law and Economics
Economic analysis of legal rules and institutions. Topics include property law, tort law, liability rules, the Coase theorem, and accident and nuisance law. Selected applications of current interest.
Pre-requistites: ECON 1010 or ECON 1030.
credit hours: 3
Law and Economics

ECON 3360 Current Economic Issues
Current Economic Issues
An analysis of contemporary macroeconomic and microeconomic issues. Topics will reflect current economic issues.
Pre-requistites: ECON 1020 or ECON 1040.
credit hours: 3
Current Economic Issues

ECON 3370 The World Economy
The World Economy
This course offers a non-technical introduction to the analysis of international economic issues. While we will be primarily interested in developing standard economic approaches to these issues we will also offer a variety of other useful approaches from political science, sociology, and less mainstream parts of economics. Among specific issues to be treated: protectionism, multinational firms, debt crisis, international macroeconomic policy coordination and European integration.
Pre-requistites: ECON 1010 and ECON 1020.
credit hours: 3
The World Economy

ECON 3420 Economic History of the United States
Economic History of the United States
A description and analysis of the principal features of the American economic experience. The colonial relationship with England. The economics of slavery. The industrialization and urbanization of America. Attention also is given to the insight into contemporary problems that can be gained by an examination of our historical experience.
Pre-requistites: ECON 1020 or ECON 1040.
credit hours: 3
Economic History of the United States

ECON 3450 Development of Economic Thought
Development of Economic Thought
An historical survey of the primary philosophical and analytical issues in the development of economic theory.Â Primary emphasis is given to the following schools of thought:Â the mercantilists, the physiocrats, the classicists, the Marxists, and the marginalists.-
Pre-requistites: ECON 1010 or ECON 1030.-
credit hours: 3
Development of Economic Thought

ECON 3540 Development Economics
Development Economics
An analysis of the problems of generating economic growth in less developed countries. Alternative strategies for promoting economic growth. The impact of the industrialized Western World on the economic development of poor countries.
Pre-requistites: ECON 1010 or ECON 1030.
credit hours: 3
Development Economics

ECON 3580 Labor and Population in Latin America
Labor and Population in Latin America
An examination of labor markets and demographic problems in Latin America. The course explores in depth dual labor markets, labor union activity in Latin America, migration and fertility change. Basic demographic methods to analyze migration and fertility are taught and the demographic experiences of selected Latin American countries reviewed.
Pre-requistites: ECON 1010 or ECON 1030.
credit hours: 3
Labor and Population in Latin America

ECON 3590 Economic Development of Latin America
Economic Development of Latin America
An introduction to economic issues that are of particular concern to Latin America. Emphasis is placed on understanding the position of Latin America within the world economy by studying measures of development and poverty, discussing theoretical models of structural economic change, and examining changes in international trading relations. As Economics 3590 is a survey course, it is best taken before ECON 4580 and ECON 4660.
Pre-requistites: ECON 1020 or ECON 1040.
credit hours: 3
Economic Development of Latin America

ECON 3610 Games and Strategic Behavior
Games and Strategic Behavior
This course provides an introduction to game theory -- the formal study of strategic situations -- and its applications.Â The course will cover the basic analysis of simultaneous and sequential move games with perfect and imperfect information.Â This material will be followed by a number of applications which illustrate how the use of game theory can help us to improve our understanding of strategic behavior in economic, political, and social situations.-
Pre-requistites: ECON 1010 and MATH 1210 (Calculus).-
credit hours: 3
Games and Strategic Behavior

ECON 3720 Contemporary Japanese Economy
Contemporary Japanese Economy
The course provides an objective analysis of the causes and consequences of the post-war Japanese economic development. It examines the historical and institutional background of the contemporary Japanese economy and brings global economic perspective to bear on the U.S.-Japan economic relationship. The course concludes with an assessment of the lessons learned from the Japanese model and its relevance to the U.S. economy.
Pre-requistites: ECON 1020 or ECON 1040.
credit hours: 3
Contemporary Japanese Economy

ECON 3740 Asia-Pacific Economic Development
Asia-Pacific Economic Development
The course analyzes economic development in the Asia-Pacific region. It examines the sources of economic growth, financial market conditions and the nature of growing interdependence in the region.
Pre-requistites: ECON 1020 or ECON 1040.
credit hours: 3
Asia-Pacific Economic Development

ECON 3810 The Economics of Labor
The Economics of Labor
A survey and economic analysis of some contemporary labor market issues. Topics include labor force participation and the economics of retirement, the supply and demand for labor, the demand for education and investment in human capital, unions and collective bargaining, the structure of compensation, occupational choice, job turnover and labor mobility, an introduction to theory of job search as well as various other theories of unemployment. The course focuses on theoretical and empirical aspects of labor economics and is only peripherally concerned with institutional, legal or management aspects.
Pre-requistites: ECON 1020 or ECON 1040.
credit hours: 3
The Economics of Labor

ECON 3820 Economics of Education
Economics of Education
An examination of education from an economics viewpoint. Topics include school finance, school reform, factors that influence school outcome, efficient school size and the relationships between public and private schools.
Pre-requistites: ECON 1010 or ECON 1030.
credit hours: 3
Economics of Education

ECON 3830 Economics of Gender
Economics of Gender
The goal of this course is to explore and understand the similarities and differences between men and women from economic perspectives. Based on economic theory and empirical analysis, this course examines how gender differences lead to different economic outcomes for the sexes and evaluates the effectiveness of government and corporate policies aimed to improved the welfare of women.
Pre-requistites: ECON 1010 and ECON 1030.
credit hours: 3
Economics of Gender

ECON 3880 Writing Practicum
Writing Practicum
Writing practicum. Fulfills the college writing requirement.
credit hours: 1
Writing Practicum

ECON 3890 Service Learning
Service Learning
Students complete a service activity in the community in conjunction with the content of the corequisite course.
credit hours: 0
Service Learning

ECON 3920 Independent Studies
Independent Studies
credit hours: 1-3
Independent Studies

ECON 3970 Special Studies in Economics
Special Studies in Economics
credit hours: 3
Special Studies in Economics

ECON 3980 Special Studies in Economics
Special Studies in Economics
credit hours: 3
Special Studies in Economics

ECON 4010 Advanced Topics in Microeconomics
Advanced Topics in Microeconomics
Explores microeconomic issues, including multivariate optimization, fundamentals of general equilibrium theory and game theory, public goods and externalities. Students work with professional material, and learn to prove economic statements and to understand and report research results in economic theory. ECON 6010 is the master's-level equivalent, open to graduate students only.
Pre-requistites: ECON 3010, MATH 1210.
credit hours: 3
Advanced Topics in Microeconomics

ECON 4220 Industrial Organization
Industrial Organization
An examination of the extent of competition and monopoly in different industries. The effects of different forms of governmental regulation and control upon industrial performance. Some empirical evidence pertaining to selected industries. ECON 6220 is the master's-level equivalent.
Pre-requistites: ECON 3010 or ECON 3030.
credit hours: 3
Industrial Organization

ECON 4230 Econometrics
Econometrics
Building on the statistical techniques learned in Economics 3230, the course concentrates on the principal methods used to correct violations of the basic assumptions of ordinary least squares. ECON 6230 is the master's-level equivalent.
Pre-requistites: ECON 3230 or MATH 3010, or MATH 1110 and MATH 1120.
credit hours: 3
Econometrics

ECON 4240 Financial Decision Making in Firms
Financial Decision Making in Firms
Financial analysis, planning and control in modern business firms includes valuation, cost and allocation of capital, and capital markets. ECON 6240 is the master's-level equivalent.
Pre-requistites: ECON 1010 or 1030, ECON 3010 or 3030, ECON 3230 or equivalent.
credit hours: 3
Financial Decision Making in Firms

ECON 4250 Decisions Under Uncertainty
Decisions Under Uncertainty
The theory and practice of decision-making under uncertain conditions. Applications and examples are drawn from the realm of personal, business, medical and environmental decision-making. ECON 6250 is the master's-level equivalent.
Pre-requistites: ECON 1010 or 1030, ECON 3010 or 3030, ECON 3230 or equivalent.
credit hours: 3
Decisions Under Uncertainty

ECON 4300 Regulation
Regulation
Provides students with an overview of government regulation and the regulatory process, particularly those regulations focusing on health, safety and the environment. We will use theories and evidence from economics, law and policy to help students answer five questions relating to regulation: Why regulate? How are regulatory rules made? How are regulations enforced? How do we determine whether regulations are successful? What alternatives exist to regulation? Students will have an opportunity to apply what they have learned to a regulatory area of their own choosing. ECON 6300 is the master's-level equivalent.
Pre-requistites: ECON 3010.
credit hours: 3
Regulation

ECON 4330 International Trading Relations
International Trading Relations
An examination of the principles of international trade and the international arrangements that have been established to guide international trade. Specific topics include comparative advantage, the effects of tariffs and quotas, and the substitution of the movement of goods for the movement of capital and labor. ECON 6330 is the master's level equivalent.
Pre-requistites: ECON 3010 or 3030.
credit hours: 3
International Trading Relations

ECON 4340 International Monetary Relations
International Monetary Relations
An examination of macroeconomic models and policy in the open economy. Topics include the Keynesian approach, purchasing power parity, the monetarist model of the balance of payments, the Mundell-Flemming model, international interdependence and policy coordination, and the exchange rate determination.
Pre-requistites: ECON 3020.
credit hours: 3
International Monetary Relations

ECON 4410 Topics in Mathematical Economics
Topics in Mathematical Economics
A mathematical approach to microeconomic theory with an emphasis on static and dynamic optimization. ECON 6410 is the master's-level equivalent.
Pre-requistites: ECON 3010 or 3030, MATH 1210 and 1220, or approval of instructor.
credit hours: 3
Topics in Mathematical Economics

ECON 4500 Health Economics and Policy
Health Economics and Policy
Provides an overview of the field of health economics. Economic theories and tools will be used to study behavior and outcomes in health care markets. Institutional features of the U.S. health care system will be examined. General topics include the demand for health care, determinants and consequences of health, medical technology, the role of health insurance, the behavior of health providers, managed care, comparative health care systems and health policy and reforms. ECON 6500 is the master's-level equivalent.
Pre-requistites: ECON 3010 or ECON 3030.
credit hours: 3
Health Economics and Policy

ECON 4510 Advanced Topics in Macroeconomics
Advanced Topics in Macroeconomics
Structure and operation of macroeconomic system, covering both closed and open economies. ECON 6510 is the master's-level equivalent.
Pre-requistites: ECON 3020.
credit hours: 3
Advanced Topics in Macroeconomics

ECON 4520 Economics of Public Expenditures
Economics of Public Expenditures
An examination of the economic bases for and evaluation of government expenditure programs. Topics include the rationale for government intervention into the economy, difficulties involved in setting appropriate levels of government activity, and how particular programs should be evaluated and financed. ECON 6520 is the master's-level equivalent.
Pre-requistites: ECON 3010 or 3030.
credit hours: 3
Economics of Public Expenditures

ECON 4530 Economics of Taxation
Economics of Taxation
An analysis of major tax structures used in or proposed for the U.S. Economy. Each tax and the system as a whole will be judged according to the criteria of economic efficiency and tax equity. While emphasis will be national taxes, the local property tax will also be considered. Major alternatives to the present structure will be evaluated.
Pre-requistites: ECON 3010 or 3030.
credit hours: 3
Economics of Taxation

ECON 4570 Internship Studies
Internship Studies
An experiential learning process. Open only to juniors and seniors in good standing.
Co-requisites: SRVC 4890.
credit hours: 1-3
Internship Studies

ECON 4580 Labor and Population in Latin America
Labor and Population in Latin America
Writing Intensive. An analysis of the economic relation between labor markets, population movements, poverty, and human capital formation. Theoretical foundations are developed and applied in several Latin America contexts.
Pre-requistites: ECON 3010 or approval of instructor.
credit hours: 3
Labor and Population in Latin America

ECON 4600 Inequality and Poverty in Latin America
Inequality and Poverty in Latin America
Latin America is the region with the highest levels of income inequality and where inequality has been most persistent. Through comparative and in-depth country studies this course analyzes the dynamics of income inequality and poverty in the region focusing on the role of markets and the state. The course includes a review of quantitative methods to measure inequality and poverty and the theories and methods to analyze their determinants. Using a qualitative scorecard, students will learn to assess government efforts to reduce inequality and poverty. The course is largely non-technical and open to graduate and undergraduate students in the social sciences. ECON 6600 is the master's-level equivalent.
Pre-requistites: ECON 1010 and ECON 1020, or permission of instructor.
credit hours: 3
Inequality and Poverty in Latin America

ECON 4610 Game Theory(3)
Game Theory(3)
An introduction to the use of game theory in diverse areas such as modern economic research, political science, sociology, and evolutionary processes. ECON 6610 is the master's-level equivalent, open to graduate students only.
Pre-requistites: ECON 3010 or 3030, MATH 1210 and 1220, or approval of instructor
credit hours: 3
Game Theory(3)

ECON 4660 Seminar on Latin American Economies
Seminar on Latin American Economies
A complement to other courses in the Latin American economics sequence focusing on a particular country or sub-region. ECON 6660 is the master's-level equivalent.
Pre-requistites: ECON 3010 or 3030.
credit hours: 3
Seminar on Latin American Economies

ECON 4670 Writing with Data
Writing with Data
To learn how large databases are employed to guide economic policy-making. Secondary objectives include developing an understanding of how economic theory is integrated with econometric techniques, basic statistical programming, and learning about a Latin American country. Students that successfully complete this course will have learned how to read analytical research papers that are based on large numerical database by writing such an original research paper themselves. They will also develop an elementary working knowledge of UNIX and SAS. ECON 6670 is the master's level equivalent.
Pre-requistites: ECON 3010; ECON 3230 is helpful, as is a working knowledge of Spanish or Portuguese.
credit hours: 3
Writing with Data

ECON 4970 Special Studies in Economics
Special Studies in Economics
credit hours: 3
Special Studies in Economics

ECON 4980 Special Studies in Economics
Special Studies in Economics
credit hours: 3
Special Studies in Economics

ECON 6300 Regulation
Regulation
This course will provide students with an overview of government regulation and the regulatory process, particularly those regulations focusing on health, safety, and the environment. We will use theories and evidence from economics, law, and policy to help students answer five questions relating to regulation: Why regulate? How are regulatory rules made? How are regulations enforced? How do we determine whether regulations are successful? What alternatives exist to regulation? Students will have an opportunity to apply what they have learned to a regulatory area of their own choosing.
Pre-requistites: ECON 3010.
credit hours: 3
Regulation

ECON 6600 Inequality and poverty in Latin America
Inequality and poverty in Latin America
Comparative analysis and in-depth country studies of inequality and poverty in Latin America. Topics include measures of inequality and poverty; causes and consequences of inequality and poverty; and, assessment of public policies and their effectiveness. The course is largely non-technical and open to graduate and undergraduate students in the social sciences.
Pre-requistites: ECON 1010, ECON 1020, or instructor's approval.
credit hours: 3
Inequality and poverty in Latin America

ECON 7160 Econometrics I
Econometrics I
credit hours: 3
Econometrics I

ECON 7170 Econometrics II
Econometrics II
credit hours: 3
Econometrics II

ECON 7510 Advanced Price Theory
Advanced Price Theory
credit hours: 3
Advanced Price Theory

ECON 7520 Advanced Price Theory II
Advanced Price Theory II
credit hours: 3
Advanced Price Theory II

ECON 7530 Advanced Income and Employment Theory I
Advanced Income and Employment Theory I
credit hours: 3
Advanced Income and Employment Theory I

ECON 7980 Independent Studies
Independent Studies
credit hours: 1-3
Independent Studies

ECON 7990 Independent Studies
Independent Studies
credit hours: 1-3
Independent Studies

ECON 9980 Master's Research
Master's Research
credit hours: 0
Master's Research

ECON 9990 Dissertation Research
Dissertation Research
credit hours: 0
Dissertation Research

ECON H4910 Independent Studies
Independent Studies
Open to outstanding juniors and seniors.
credit hours: 3
Independent Studies

ECON H4920 Independent Studies
Independent Studies
Notes: Open to outstanding juniors and seniors.
credit hours: 3
Independent Studies

ECON H4990 Honors Thesis
Honors Thesis
Credit is not given for H4990 until satisfactory completion of H5000.
Pre-requistites: Approval of department and Honors Committee.
credit hours: 3
Honors Thesis

ECON H5000 Honors Thesis
Honors Thesis
Credit is not given for H4990 until satisfactory completion of H5000.
Pre-requistites: Approval of department and Honors Committee.
credit hours: 3
Honors Thesis