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Courses

ECON 101 (3)
Principles of Microeconomics
An introduction to the role markets play in determining the prices for products and services, wages workers earn, profits companies realize as participants in competitive markets, and how government policies impact markets. IIIQ, V

ECON 102 (3)
Principles of Macroeconomics
An introduction to the overall national economy of the United States. This course explores why the economy grows or suffers recessions, why interest rates and price levels fluctuate, and why there is so much debate about issues such as poverty, health care and education. In response to these issues, the course identifies tools available to government to deal with economic problems and examines their limitations. IIIQ

ECON 201 (3)
Intermediate Microeconomics
Critical study of the theory of the behavior of consumers and business firms, the determination of prices under various market structures and the welfare implications of the allocation of resources by markets. This course cannot be taken on a P/CR/NC grading option. IIIQ

ECON 202 (3)
Intermediate Macroeconomics
A critical study of the nature, construction and econometric applications of static and dynamic models for the determination of the level of income, output, employment and prices in closed and open economies. V7

ECON 219 (3)
Money and Banking
An analysis of the formulation of monetary policy directed oward the goals of economic stabilization and growth. Special attention will be given to the structure and functions of the financial system in which monetary policy operates.

ECON 227 (3)
Methods of Economic Analysis
An introduction to the techniques of quantitative economic analysis, including the use of linear algebra, calculus, and constrained optimization. The course is designed to introduce mathematics as a practical tool for economic analysis and to help students understand the foundations of economic thought. The focus of the course is on the application of mathematics to economics, not on mathematical theory. Offered alternate years. IIIQ

ECON 256 (3)
Development Economics
This course will explore the peculiar problems of economic growth in developing countries and the public policy options available to them. V4

ECON 261 (1)
Directed Study
Selected topics pursued by individual students or small groups of students under supervision of a member of the department.

ECON 313 (3)
International Economics
This course surveys the field of international money and finance. Open economy macroeconomic theory will be developed and applied in the analysis of the balance of payments and foreign exchange rate problems and the formation of policies to solve or prevent such problems. Offered alternate years.

ECON 316 (3)
Industrial Organization and Government Policy
This course investigates how the characteristics of market organization, or market structure, affect firm behavior and market performance. Special consideration is given to theories of the firm other than profit-maximization. IIIO, IIIW,V

ECON 325 (3)
Public Finance
A study of the effects of government tax and expenditure programs on the allocation of resources and the distribution of income. Offered alternate years. IIIO, III

ECON 332 (3)
Econometrics
An introduction to statistical quantitative analysis of economic behavior. The ordinary least squares technique and the assumptions underlying it are developed. Methods designed to detect and correct for the violations of these assumptions are examined. Special emphasis is given to the practical application of the procedures discussed through the use of computer exercises.

ECON 342 (3)
Ecological Economics
An application of economic theory to problems of environmental degradation, natural resource use and ecological disruption. Economic concepts, such as market failure, property rights and public goods, are combined with natural and physical science principles to explore the integration of economic and ecological systems. Emphasis is placed on the use of analytical economic tools such as benefit-cost analysis, economic policy instruments and non- market valuation. V7

ECON 361 (1)
Special Study
Special topics pursued by individual students under supervision.

ECON 370 (3)
Junior Honors Research

ECON 377 (.5)
Internship

ECON 452 (3)
Senior Seminar
A comprehensive review of basic economic reasoning and exercises in it application to the understanding and solution of contemporary problems. IIIO, III

ECON 461 (1)
Independent Study

ECON 470 (3)
Junior Honors Research

ECON 472 (3)
Senior Honors Thesis