111-3 PRINCIPLES OF MACROECONOMICS.
[INTRO] [IAI Course No. S3 901] Measurement and determination of national economic activity including production, income, employment, prices; role of government policy in U.S. macroeconomy. Prerequisite: two years of college preparatory mathematics or equivalent.
112-3 PRINCIPLES OF MICROECONOMICS.
[Dist.SS] [IAI Course No. S3 902] Principles and characteristics of the market economy: supply, demand, market equilibrium; household demand, firm cost and supply; market structure, government regulation and deregulation; factor markets. Prerequisite: 111.
221-3 ECONOMIC HISTORY OF THE UNITED STATES.
[Dist.SS] Analysis of economic and financial development from colonial times to present; evolution of markets; changing role of government and policies. Prerequisites: 111, 112.
301-3 INTERMEDIATE MICROECONOMIC THEORY.
[Dist.SS] Determination of prices and quantities in markets for goods and services. Theories of consumer behavior, cost structures, factor payments. Firm behavior in alternative markets. Prerequisites: 111, 112.
302-3 INTERMEDIATE MACROECONOMIC THEORY.
[Dist.SS] Roles of good markets and financial markets in the determination of national income and inflation; economic growth and business cycles; fiscal and monetary policy. Prerequisites: 111, 112.
325-3 THE ECONOMICS OF CRIME AND THE CRIMINAL JUSTICE SYSTEM.
Application of economic analysis to criminal behavior. Topics include: measurement and impact of crime, organized crime, cost-benefit analysis of police protection, prisons and "victimless" crime. Prerequisites: 112 or junior standing or instructor permission.
327-3 SOCIAL ECONOMICS: ISSUES IN INCOME, EMPLOYMENT AND SOCIAL POLICY.
[Dist.SS, IGR] Economic aspects of social problems such as poverty, discrimination, and unemployment; economic analysis of social policies such as social insurance, welfare programs, employment legislation, taxation. Prerequisite: 111.
331-3 LABOR ECONOMICS.
[Dist.SS] An analysis of labor force participation, employment, wage determination, economic stability; investment in human capital; trade unionism; collective bargaining; public policy. Prerequisites: 111, 112.
341-3 TOPICS IN ECONOMICS.
[Dist.SS] Selected topics in economics. May be repeated up to 6 hours provided no topic is repeated.
344-3 FINANCIAL MARKETS.
(Same as FIN 344) Functions and practices of domestic and international debt markets; recent structural changes. Asset securitization, relationships across financial markets. Management of financial intermediaries. Prerequisites: FIN 320.
345-3 ECONOMICS OF THE PUBLIC SECTOR: NATIONAL.
[Dist.SS] Role of government in U.S. economy; federal expenditures, revenue, and debt; evaluation of government policy including analysis of taxes, grants, public services. Prerequisites: 111, 112.
361-3 INTRODUCTION TO INTERNATIONAL ECONOMICS.
[Dist.SS, II] Survey of causes and composition of trade between nations; barriers to trade; balance of payments; foreign exchange markets; international monetary markets and policy. Prerequisites: 111, 112.
400-3 QUANTITATIVE METHODS FOR ECONOMICS AND BUSINESS ANALYSIS.
(Same as Fin 400) Applications of mathematical tools to economic and business analysis; emphasis on using calculus and linear algebra in economic and business models. Prerequisites: 111, 112.
415-3 ECONOMETRICS.
(Same as FIN 415) Empirical research methodology and ethics. Hypothesis testing and predicting with OLS regression. Estimation with violations of classical assumptions. Multicollinearity problems; dummy variables; model specification. Prerequisite: MS 251 or equivalent.
417-3 BUSINESS FORECASTING.
(Same as FIN 417) Survey of methods to forecast economic and financial conditions and markets for individual products, sectors, or regions. Time series, indicator, judgmental, econometric, and Box-Jenkins techniques. Satisfies research requirement for business programs. Prerequisites: 111, 112, MS 251 or equivalent.
435-3 COMPETITION AND PUBLIC POLICY.
[Dist.SS] Economic implications of alternative market structures. Investigation of impact of concentration, economies of scale, advertising, and conglomerates on business and society. Prerequisite: 301 or consent of instructor.
439-3 ECONOMICS OF SPORTS.
Economic analysis applied to issues concerning major professional team sports such as free agency, salary caps, competitive balance, stadium contracts, and franchise relocation.
445-3 ECONOMICS OF THE PUBLIC SECTOR: STATE AND LOCAL.
[Dist.SS] Public expenditure and taxation; intergovernmental fiscal relations; budgeting; grants; public choice. Prerequisites: 111 and 112 or consent of instructor.
450-3 INTERNATIONAL FINANCE.
[II] (Same as FIN 450) International monetary environment and institutions. Determinants of foreign exchange rates and risk management. Valuation and portfolio analysis of international stocks and bonds. Foreign investment analysis. Prerequisite: FIN 320.
461-3 INTERNATIONAL TRADE THEORY AND POLICY.
[Dist.SS, II] Theory of causes and composition of trade; comparative advantage; tariff and nontariff barriers to trade; economic integration; commercial policy. Prerequisite: 301 or consent of instructor.
490-1 to 6 INDEPENDENT STUDY IN ECONOMICS.
Investigation of topic areas. Individual or small group readings under supervision of faculty member. Prerequisites: consent of instructor and department chairperson. May be repeated to a maximum of 6 hours.
491-1 SENIOR PROJECT.
Writing assignment to fulfill senior assignment. Economics majors must take 491 or 492. Graded; grade of C or higher required for major. NOT FOR GRADUATE CREDIT. Prerequisite: senior standing.
492-3 SENIOR HONORS THESIS.
Senior honors thesis to fulfill senior assignment. Economics majors must take 491 or 492. Graded; grade of C or higher required for major. NOT FOR GRADUATE CREDIT. Prerequisites: GPA of 3.3 in Economics, GPA of 3.0 overall, senior standing, permission of chairperson and thesis adviser.