This schedule represents the initial intentions of the Economics Department. The Registrar may request that some classes are moved to a different time slot during the room allocation process.
Scarcity and choice; elements of demand and supply, determinants of aggregate output, employment, inflation, growth, and international balance of payments. Prerequisite: basic algebra and graphing.
Scarcity and choice; elements of demand and supply, determinants of aggregate output, employment, inflation, growth, and international balance of payments. Prerequisite: basic algebra and graphing.
Consumers' and producers' influence on structure of output and prices and distribution of income. Social efficiency in resource allocation. Government impact on allocative efficiency and distributive equity. Prerequisite: 201.
Consumers' and producers' influence on structure of output and prices and distribution of income. Social efficiency in resource allocation. Government impact on allocative efficiency and distributive equity. Prerequisite: 201.
Estimation and analysis of a variety of empirical econometric models. Descriptive statistics, univariate regression, multiple regression, simultaneous equations, and forecasting. Prerequisite: 201, 202, MATH 220, STAT 210 or higher level statistics class. All other substitutions (including AP Statistics) must be cleared through the Director of Undergraduate Studies for Economics.
Effects of medical care on health; health insurance, public and private demand for medical care, and the market for medical care; regulation of hospitals and physicians; roles of nonprofit and for-profit organizations; technological change. Pre-requisites: 281, 310-1,2.
Nature of money and bank credit. Development, functions, and operation of monetary standards and credit systems. Banking and credit policies; price levels. Interrelationships of domestic and foreign monetary systems. Prerequisites: 281, 310-1, 311.
Theory and practice of public finance. Welfare aspects of taxation and public expenditure decisions. Budgeting, public investment, external costs and benefits, and public debt. Prerequisites: 281, 310-1,2.
Price discrimination and public utility pricing; monopolistic competition, oligopoly, duopoly models; game theory; factor demands; general equilibrium theory and welfare economics; information theory; externalities and public goods. Prerequisite: 310-1.
Macroeconomics and monetary policy. Behavior of economy as a whole. Income, inflation, unemployment, and growth; consumption, investment, and rate of interest; monetary and fiscal policy. Prerequisites: 201, 202, MATH 220.
ECON 323-1 Economic History of the United States Before 1865
Economic development of the United States with emphasis on changing structure and performance of the economy: Colonial period to 1865. Pre-requisites: 281, 310-1, 311.
Structure, performance, and problems of developing economies. Topics may include land use, labor, migration, credit, insurance, and famine. Prerequisites: 281, 310-1,2.
Economic change in sub-Saharan Africa, emphasizing current issues and policies in their historical contexts. Agriculture and rural development, industrialization, and international economic relations. Prerequisites: 281, 310-1,2, 326.
Students will learn about, participate in, and potentially design experiments in order to gain insight into economic theories about decision-making, games, and markets. Prerequisites: 281, 310-1,2.
Understanding of how humans make choices in economic situations. the incorporation of psychology and/or sociology into economics. Topics may include perceptions, judgment, biases, and social pressure. Prerequisites: 281, 310-1,2.
Analysis of gender differences in employment, earnings and division of labor in the household. Family, labor market, discrimination, segregation, historical and international conditions, and antidiscrimination legislation. Prerequisites: 281, 310-1,2.
Present public policy and unsettled issues with respect to structure and practices of industrial markets; concentration, vertical integration, and forms and effectiveness of competition. Prerequisites: 281, 310-1,2.
ECON 360-1 Foundations of Corporate Finance Theory
How corporations allocate resources over time as facilitated by capital markets. Theory of asset evaluation, economic analysis of uncertainty, and capital budgeting and capital structure decisions. Prerequisites: 281, 310-1, 311. (Should not be taken by students who have taken IEMS 326 or KELLG_FE 310 or BUS_INST 304. Course was numbered 360-0 prior to Winter Quarter 2014)
The range of financial instruments available to investors. Optimal portfolio strategies in bonds and stocks from the perspective of individual and institutional investors. Prerequisites: 360-1(Should not be taken by students who have taken KELLG_FE 312.)
Determination of exchange rates, balance of payments, and international asset flows and prices; international transmission of macroeconomic disturbances. Prerequisites: 281, 310-1, 311.
Economic analysis of scarcity and incentives explaining environmental issues such as pollution and climate change. Modeling and evaluation of public policy. Pre-requisites: 281, 310-1,2. Students may not receive credit for both Econ 370 and Econ 372.
Evaluation of economics models and public policy concerning natural resources such as farming, fisheries, forests, minerals, ores and fossil fuels. Pre-requisites: 281, 310-1,2. Students may not receive credit for both Econ 370 and Econ 373.
Probability and distribution theory, statistical inference, simple and multiple regression, specification error and multicollinearity, heteroskedasticity and serial correlation, measurement error, dummy variables. Prerequisite: 310-1 (281, 310-2, 311 recommended); Math 230, 234, 240 and 314 (or equivalent).
Methods for using actual data together with modern software to build, assess critically, and interpret econometric models of real world phenomena and policy issues. Prerequisites: 281, 310-1.
For students of superior ability. Original research on a topic of interest to the student, culminating in a senior thesis. By department invitation only. Grade of K given in 398-1. Prerequisites: 281; 310-1,2; 311; MATH 224 & 230; at least four 300-level economics electives.
Asymmetric information in markets and organizations. Topics include search, signaling, bidding, rational expectations, moral hazard, principal-agent problems, and contract-mechanism design.
Recent contributions to macroeconomics. Topics may include determinants of aggregate demand and supply; models of economic growth; money supply; interest rates; capital markets; and level of prices and outputs.
Theories of economic development and growth. Includes both the macroeconomic aspects of long-term patterns of economic growth and the micro-economic structure, performance, and problems of developing economies.
Theoretical and empirical analysis of basic influences on industrial markets, their economic organization, practices and price formation, and related public policy issues.
Analytical tools for understanding international and interregional economic relations. International trade policy. Relationship of theory to specific problems.
Nonparametric and linear regression, identification, principles of statistical inference, extremum estimators, asymptotic statistical theory, time series analysis, discrete response analysis, structural microeconometrics. (Required sequence.)
Advanced theory of identification, estimation, and statistical inference. Includes partial identification of probability distributions, the bootstrap, refinements of asymptotic theory, and semi- and nonparametric structural microeconometrics.
STAT 210 Introductory Statistics for the Social Sciences
Introduction to basic concepts and methods of statistics and probability. Methods of data collection, descriptive statistics, probability, estimation, sampling distributions, confidence intervals, hypothesis testing. May not receive credit for both 202 and 210. Prerequisite: strong background in high school algebra (calculus is not required).
* = At the instructors discretion, subject to sufficient enrollment to justify a Teaching Assistant, a discussion session may be scheduled on Fridays at the same time as the lectures.
# = At the instructors discretion, subject to sufficient enrollment to justify a Teaching Assistant, a discussion session may be scheduled at a mutually convenient time.
$ = Scheduled for KGH 1410
@ = Moves to KGH 1410 after end of junior recruiting season
