| Economics |
ECON 807 - Economics of Sustainable Development
Credits:
3.00
Analysis of the interrelationships among economic growth,ÿÿÿÿ Analysis of the interrelationships among economic growth, t
technological change, population increase, natural
resource use, and environmental problems, e.g., land use
change, biodiversity loss, and global climate change.
ECON 825 - Mathematical Economics
Credits:
3.00
Principal mathematical techniques and their application in
economics. Topics covered: matrix algebra, derivatives,
unconstrained and constrained optimization, linear and
nonlinear programming, game theory, elements of integral
calculus.
ECON #828 - Time Series Analysis
Credits:
3.00
Basic and advanced time series models with up-to-dateÿ¿
empirical techniques with emphasis on the application of
econometric tools to economic issues. Selected topics
include stationary ARMA models, unit roots and
cointegration, VAR, ARCH dynamic panel data models,
structural break models, and non-linear time series models.
Prereq: ECON 926 and 927 or equivalents.
ECON 841 - Introduction to Public Policy
Credits:
4.00
Explores the basic issues of public sector economics and
emphasizes the use of economic theory in predicting the
effects of public policy on individual behavior and the
overall economy. Specific topics include market failures,
collective decision making, cost/benefit analysis, and an
evaluation of tax and transfer programs.
ECON 842 - Public Economics I
Credits:
3.00
The basic issues of public sector economics. Analyzesÿ¿
economic theory and empirical methods as they relate to
public goods, externalities, and regulation. Analyses of
taxation, with focus on the effect of taxes on corporate
behavior. Economics of technological diffusion and the use
of cost-benefit analysis.
ECON 843 - Public Economics II
Credits:
3.00
Emphasizes the use of economic theory and empiricalð›ÿ¿
methods in predicting the economic effects of a policy.
Specific policies analyzed include social insurance
programs such as Medicare and Social Security,
income/inkind transfer programs and individual taxation.
Issues involving multi-level systems of government also
considered.
ECON 845 - International Trade
Credits:
3.00
Contemporary issues in international economic theory and
policy. Analysis of trade theory, dynamics of world trade
and exchange, and international commercial policy.
ECON 846 - International Finance
Credits:
3.00
International monetary mechanisms; balance of payments,
international investment; exchange rates, adjustment
systems international liquidity, foreign aid, multinational
corporations.
ECON 847 - Multinational Enterprises
Credits:
3.00
The internationalization of economies. Growth and
implications of the multinational corporation at the level
of systems. Theories of imperialism, international
unity/rivalry; theories of direct investment; the exercise
of influence and conflict, technology transfer, bargaining
with host country; effects on U.S. economy.
ECON 868 - Seminar in Economic Development
Credits:
3.00
An advanced reading seminar. Topics include methodologies
underlying economic development theory, industrialization
and post-import substitution, state capitalist development,
stabilization policies, appropriate technologies, the
capital goods sector, agricultural modernization schemes,
and attempts at transition to socialism.
ECON 898 - Economic Problems
Credits:
1.00 to 3.00
Special topics; may be repeated. Prereq: permission of¿
adviser and instructor.
ECON 908 - Environmental Economics: Theory and Policy
Credits:
3.00
Applies mircoeconomic tools to issues in environmentalÿ¿
economics. Considers the role of government,
externalities, public goods, property rights, and market
failure. Identifies and compares different policy
instruments such as administrative regulation, marketable
permits, tax incentives, and direct subsidies, along with
consideration of complicating factors such as information,
uncertainty and risk. These tools are applied to various
policy issues such as air pollution, solid waste
management, and recycling. Prereq: ECON 926 and 976.
ECON 909 - Environmental Valuation
Credits:
3.00
Focuses on the theory and methods for estimating theð›ÿ¿
economic values of
environmental resources and public
goods (such as clean air and water, preservation of
wetlands or coastal resources, etc.) many of which are not
exchanged in established markets and therefore do not have
prices associated with them. The valuation of environmental
resources is an important component in benefit-cost
analyses which are used in policy making. Provides a blend
of theory and hands-on applications of methods and real
data sets. Prereq: ECON 926, 927, 976.
ECON 926 - Econometrics I
Credits:
3.00
Application and theory of statistical and econometricÿ¿
methods to problems in economics. Topics: basic
statistical theory, simple and multiple regression,
violations of the basic assumptions, generalized least
squares, and introduction to simultaneous equation models.
Prereq: undergraduate statistics course.
ECON 927 - Econometrics II
Credits:
3.00
Simultaneous equation models, nonlinear estimation,ð›ÿ¿
qualitative and limited-dependent variables, distributed
lag models, introduction to time series (ARIMA) models,
pooling of cross-section and time series models. Prereq:
econometrics I or its equivalent.
ECON 941 - Survey of Health Economics
Credits:
3.00
An Introduction to the health care sector of the economy
designated to provide students with: an overview of the
scope of issues covered in the field; a basic analytical
and empirical "tool kit" that will enable them to ask and
answer questions as a health economist; and an
understanding of the most important institutional features
of the United States health care system. Topics include
market failures in health care, demand for health, public
and private insurance programs, health behaviors, and the
relationship between health, income, and inequality.
Prereq: ECON 926 and 976 (927 recommended).
ECON 942 - Selected Topics in Health Economics
Credits:
3.00
Covers broad range of health-care-related issues andð›ÿ¿
analytical tools with the aim of helping students to
successfully compete for career opportunities in health
care education, research, and policy and to initiate
possible dissertation essays. Topics vary each year in
response to specific student interests and current events
may include cost-benefit and cost-effectiveness analysis,
comparative health systems (international institutions) and
pharmaeconomics. Prereq: ECON 926 and 976 (927 recommended).
ECON 957 - History of Economic Thought
Credits:
3.00
Traces the development of economic thought, with careful
examination and critical appraisal of the contributions
made by important figures and schools of thought.
ECON 958 - Topics in Economic Thought and Methodology
Credits:
3.00
Advanced seminar in a selected topic in economic thought
or methodology.
ECON 970 - Advanced Economic Theory
Credits:
3.00
Advanced topics in both microeconomic and macroeconomic¿
theory. Topics covered may include cooperative and
non-cooperative game theory, general equillibrium models,
and dynamic optimization. Prereq: ECON 972 and 976.
ECON 972 - Macroeconomics I
Credits:
3.00
Development of the major macro models and approaches to
macroeconomics: classical, Keynes' "General Theory,"
Keynesian, Monetarists, New Classical, and New Keynesian
models and views. Introduction to open economy macro and
growth models.
ECON 973 - Macroeconomics II
Credits:
3.00
Theory, empirical specification, and tests ofÿÿ
macroeconomic functions. National econometric models.
Theories and empirical models of the business cycle and
economic growth. Use of models for policy analysis and
forecasting. Prereq: macroeconomics I; econometrics I.
ECON 976 - Microeconomics I
Credits:
3.00
Survey and applications of modern microeconomic theory.
Analysis of households, firms, product and resource
markets, and behavior under uncertainty.
ECON 977 - Microeconomics II
Credits:
3.00
Analysis of stability, cooperative and non-cooperative¿
game theory, information economics, exhaustible resources,
disequilibrium, public goods, public choice, and
input-output analysis. Prereq: microeconomics I.
ECON 979 - Research Skills
Credits:
3.00
Aids students in completing their master's paper for which
they conduct research on a particular economic problem or
issue using the knowledge and skills they have gained from
their other classes. While the use of data and econometric
analysis are encouraged, students may choose a topic that
contains neither, such as a paper on the history of thought
or on economic theory. Students meet regularly with their
faculty advisor throughout the term. They also present
their work at various stages of completion. Presentations
of students' topics and final papers are made to the
faculty. Prereq: Core theory courses and ECON 926.
ECON 988 - Graduate Seminar
Credits:
2.00
Required of all first-year graduate students and
second-year Ph.D. students. May be repeated up to a
maximum of 6 credits. Cr/F.
ECON 992 - Field Workshop
Credits:
3.00
Provides a platform for students to become well read in¿
their chosen major field. Students receive a
field-specific reading list at the beginning of the term,
which they are expected to work through independently.
Students present papers and chapters from their reading
lists in class. They also write a literature review on a
topic in their chosen field and present this research at
various stages of completion. Presentations of students'
final papers are made to the faculty. Prereq: One approved
field class.
ECON 995 - Independent Study
Credits:
1.00 to 6.00
Prereq: permission of adviser and instructor.
ECON 996 - Research Workshop
Credits:
2.00
Required of all third-year Ph.D. students. Cr/F.
ECON 999 - Doctoral Research
Credits:
Cr/F.