Economics (ECON)
An analysis of economic forces affecting urbanization and the economic processes influencing urban form and structure. Spatial concepts are considered in addition to traditional micro-economic and macro-economic concepts. Topic coverage includes: the economic origin of cities; urban functions and the urban economic base, land-use structure and urban form, and urban efficiency.
Theory of international specialization, commercial policy, customs unions, and the effects of trade liberalization and protectionism; economic growth and multinational enterprises.
Graduation with Leadership Distinction: GLD: Global Learning
Exchange rate and balance of payments determination; purchasing-power parity; optimum currency areas, absorption, elasticity, monetary approaches, spot- and forward-exchange markets.
Graduation with Leadership Distinction: GLD: Global Learning
Economic theories of growth in developing countries. Use of factor resources; role of social and economic institutions; use of financial trade policies for growth.
Graduation with Leadership Distinction: GLD: Global Learning
Economics of labor demand, labor supply, wage determination in competitive markets, migration, discrimination, unemployment, and labor unions. Theoretical models and empirical knowledge will be considered.
An analysis of the organization and operation of the world’s major economic systems.
Graduation with Leadership Distinction: GLD: Global Learning
Economic analysis and interpretation of the law. The economic effect of current law and optimal design of law to meet social objectives.
Exploration of the basic theory and practice of sustainable economic development. Topics include: environmental legislation, global agreements, sustainable development indicators, and economic strategies and methods to promote environmentally sound development.
Graduation with Leadership Distinction: GLD: Community Service
Exploration of the basic theory and techniques of experimental economics. Topics include: basic game theory, experimental design, and elements of behavioral economic thought.
Philosophy and methodology of economics, perspectives on theory and empiricism, economic policy; individualized guided research.
Focuses on the following aspects of terrorism: (1) its causes/determinants (historical, social, cultural, economic, political, and religious determinants); (2) the organizational and funding structure of terrorist groups; (3) the tactics and weapons of terrorist groups; (4) mobilization and recruitment within terror networks; and (5) counterterrorism methods. Restricted to: Business Majors and Economics Arts and Sciences Majors.
This course uses the tools of microeconomics and game theory to examine how firms compete and competition’s impact on industry performance. Topics include: price discrimination, product differentiation, and oligopoly behavior.
Mathematical formulation of economic theories; the use of mathematics in the development and demonstration of economic relationships.
A course designed to acquaint the student with the principles of operation of the American economic system. A survey course for social studies teachers in secondary schools.
A study of the application of the economic theory of profits, competition, demand, and costs to analysis of problems arising in the firm and in decision making. Price policies, forecasting, and investment decisions are among the topics considered.
Investment in human capital; the economic value of schooling; internal efficiency of schools; faculty compensation; equity and efficiency of school finance systems; financing higher education.
Applications of economic analysis to health care. Structure and behavior of health-care markets. Description of health care policy issues.
An analysis of the economic aspects of environmental decay, pollution control, and natural resource use. Analysis of the ability of the market system to allocate resources efficiently when economic activity is accompanied by environmental damage. Discussion of alternative public policy approaches to pollution control and natural resource conservation.
Cross-listed course: ENVR 548
Game theory as used to understand decision making in business, economics, politics and other real-world environments. Topics covered include: basic terminology; strategic, extensive, and combinatorial models; and equilibrium strategy.
Theory and practice of taxation: public revenue, expenditure, and debt.
Individual topics to be announced with title.
Statistical and economic tools applied to analysis of business and economic problems with the aid of computers.
Neo-classical value and distribution theory combined with income and employment theory.
Calculus and classical optimization methods applied to problems in business and economic analysis; matrices, derivatives, and integrals in the analysis of both univariate and multivariate business and economic models.
Probability and statistics necessary for graduate study in economics and business administration; estimation, hypothesis testing, regression, analysis of variance, and nonparametric methods.
A study of decision models useful in business administration. Topics covered include linear programming, sensitivity analysis and duality, network models, integer programming, determinate and stochastic dynamic programming, inventory, and queues.
Overall view of problems of economic development, including its history and relationship to the modern world. Brief consideration is given to such noneconomic factors as political, sociological, and cultural environments. Basic theories of growth are presented and critically evaluated.
Theory of demand, production, cost, pricing, distribution, and capital. Particular emphasis on applications of the theory to various problems faced by the firm.
The modern theory of income determination. Inflation, unemployment, and interest rates in an open economy setting. Emphasis on economic policy.
The modern theory of national employment, output, and the price level. Monetary and fiscal policy. International trade, exchange rates, and international capital markets.
The application of microeconomic concepts to managerial decisions. The concepts include demand, cost, market structure, pricing, profitability, and strategic behavior.
Theory of demand, production, cost, pricing, distribution, and capital. Particular emphasis on applications of the theory to various problems faced by the firm.
The theory and application of linear regression analysis to economic problems. The course will present both finite-sample and asymptotic properties of regression estimators, and address problems that arise in using regression methods with economic data.
Examination of a variety of techniques that are used for forecasting and policy simulation purposes. Development of skills that have applications in business, government, and economic research.
Classical and modern models of international trade, evaluation of tariffs and quotas, advantages and disadvantages of international trade agreements.
A critical introduction to the application of economic analysis to problems in the health care field. Selective surveys of the related scientific literature will be covered.
Mathematical programming techniques which are useful in business and economics. Topics include: solution techniques and applications of linear programming, duality, theory, parametric programming, the decomposition problem, integer programming, dynamic programming, Lagrange multipliers, Kuhn-Tucker theory, and an introduction to control theory.
The modern theory of consumer behavior, production, the firm, and market structure.
Advanced topics in microeconomics including general equilibrium theory and welfare economics.
This course teaches the fundamentals of game theory and strategic interaction. Concepts of normal and extensive form games, Nash Equilibrium, and subgame perfect equilibrium are defined and used to show how outcomes are achieved between two parties.
Examination of new theories and applications in microeconomics. Analysis of advances in theory and the application of theory to new new problems of consumer behaviour, industrial organization, and public economics.
This course is to acquaint students with the mathematical methods currently being used in micro- and macroeconomic theory. Topics covered are the use in economics of point set topology, nonlinear programming, differential equations, calculus of variations, and control theory.
An analysis of the development of economic theory with special emphasis on the evolution of alternative methodologies.
An endeavor to formulate propositions by which alternative economic situations open to society may be ranked on the scale of better or worse.
The modern theories of income determination, inflation, unemployment, and interest rates. Theories of consumption, investment, government expenditure, and taxation are presented.
Recent developments in macro-econometrics, dynamic models, and related topics.
Monetary theory, monetary policy, and monetary reform. Theory of central banking and monetary equilibrium, and related topics.
An in-depth study of the operation and economic significance of the monetary system (money, commercial banks, and the central bank) and monetary policy. Emphasis is on theory and empirical hypothesis testing as related to above topics.
A treatment of single equation estimating techniques for the simple linear model, various nonlinear models, and the general linear model.
Topics in generalized least squares, autocorrelation, distributed lag models, principal components, identification, and simultaneous estimating techniques.
Theory and application of computational methods used to solve and estimate economic models. Solutions to economic models using numerical techniques and high-performance computing. Estimation of empirical models using custom built functions and numerical optimization.
Advanced theory of economic growth. Mathematical models of growth, including the neoclassical model, endogenous growth models, and models of imperfect competition and growth, will be examined. Techniques of dynamic optimization are used to solve models. Empirical methods will be applied to models of economic growth.
Application of economic principles to regional analysis and planning. Geographic areas covered range from cities and counties to major regions of the nation. Subject areas include economic measurement, analysis, and development planning.
Examination and interpretation of the record of events and trends in history usingthe concepts and tools of economic theory. Analysis of the effect of economic events on the course of world history.
Fundamentals of environmental and resource economics. Including concepts of pollution, instrument choice, management of renewable and non-renewable resources, and valuation techniques for environmental public goods.
A critical introduction to the application of economic analysis to problems in the health care field. Selective surveys of the related scientific literature will be covered.
Theory of international values, comparative advantage, and the gains from trade; theory of commercial policy, tariff structure, and welfare and trade.
Theories of exchange rate and balance of payments determination (spot and forward exchange markets, interest rate arbitage, purchasing power parity, and monetary approaches); adjustments under fixed and flexible exchange rates are analyzed.
Examination of industrial pricing, output, and investment practices in relation to the theory of the firm. Consideration of public aspects of these practices.
Topics studied include wage theory; the processes of wage determination; the impact of unions and collective bargaining on wage levels, prices, employment, and income distribution; bargaining theory and union-management relations; the union as an economic institution.
A descriptive and analytic study of manpower as an economic resource in the United States.
A survey of the contribution of economics to educational issues, including the value of educational investments, effect of education on economic growth, input-output analysis, and economics of educational finance.
A general survey of public finance, including public expenditures; the structure, incidence, and effects of taxes; public goods; and fiscal federalism.
An analysis of budgets and budget policy; tax incidence and effects; debt and debt management.
An analysis of economic forces affecting urbanization and the economic processes influencing urban form and structure. Spatial concepts are considered in addition to the traditional microeconomic and macroeconomic concepts.
Spatial and economic structures of regions and regional economic development. Topical review of partial and general equilibrium models of land use, regional economic growth; income determination at a regional level (regional accounts and input-output models); regional policy alternatives and their efficiency.
Statistical designs and techniques for survey investigations. Mathematical development of sampling systems; sampling units; sample size; estimation; costs; non-sampling problems. Methods of obtaining and reporting information.
Research methods in Economics. The design and execution of a research paper in Economics. Preparation for writing a dissertation in Economics.
Research methods in Economics. The design and execution of a research paper in Economics. Preparation for writing a dissertation in Economics.
Topics will be selected from: nonlinear programming, stochastic programming, integer programming, spectral analysis, decision theory, Markov processes, Box-Jenkins methods.
Topics in generalized least squares, autocorrelation, distributed lag models, principal components, identification, and simultaneous estimating techniques.
Selected readings, research and trends in economics. May be repeated up to three times as content varies by title.