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EC
101 Introduction to Economics
[3] An introduction to the study of economics and its
applications to issues such as budget deficit, tax policy,
inflation, unemployment, and international trade. The
course will also apply economics to issues such as health
care, poverty and crime. The course may not be taken
for credit by Barney students, A&S economics majors,
and political economy majors. (Fa/Sp)
EC
110 Principles of Macroeconomics
[3] This course introduces students to macroeconomic
theory relating to the collective economic roles of
consumers, businesses, and governments. Topics include:
national income accounting, unemployment, inflation,
the business cycle, fiscal and monetary policy, banking,
economic growth, and international trade. (Fa/Sp/Su)
EC
211 Principles of Microeconomics
[3] This is an introductory course in microeconomic
theory. Students will learn basic principles of economic
decision making from the perspective of the individual,
firm, and industry. Particular attention is given to
the market system and how prices and profits coordinate
the actions of economic decision makers. Topics include:
demand and supply, consumer behavior, costs and production,
market structure, market failure, regulation, poverty,
and income distribution. (Fa/Sp/Su)
EC
215/WSH 215 Women in the Economy
[3] A survey course covering the economic factors that
play a significant role in the economic life of women.
Topics reviewed will include the economics of households,
marriage, and families, changes in labor force participation,
causes and consequences of gender differences in occupations
and earnings, government policies that have an impact
on the economic well-being of women, and an international
comparison of the economic conditions of women.
EC
290 Special Topics of Economics
[3] Study of selected topics in economics designed specifically
for non business majors. Not available for credit for
Barney School students.
EC
311 Intermediate Macroeconomic Analysis
[3] This course is designed to provide students with
the economic and analytical tools to better understand
the domestic and global economic environments, macroeconomic
problems, such as inflation and unemployment, and the
alternative policy proposals suggested for solving these
problems. Emphasis will be placed on business cycle
behavior, stabilization policies, economic growth and
international macroeconomic linkages. Prerequisites:
EC110, 211.
EC
312 Managerial Economics [3]
This course integrates the traditional coverage of microeconomic
theory with modern developments in the theory of economic
organizations and managerial decision making. Introducing
the concepts of transaction costs, this course examines
efficiency and coordination with firms, and provides
tools for effectively analyzing a wide variety of business
situations. Topics include the neoclassical theory of
the firm, the organization of the firm, centralized
decision making, market failure and externalities, economics
of information, and game theory. Prerequisites: EC 110,
211. (Fa/Sp)
EC
316 The Economics of Public Policy
[3] This course applies basic economic theories for
analysis of some current socio economic issues for public
policy decision making. Selected policy areas may include
analyzing international macroeconomic and microeconomic
data obtained through the Internet or other sources;
inflation and unemployment; economic growth; urban decay;
poverty, discrimination, health care, retirement policies,
tariffs and international trade policy; pollution, government
regulations, income distribution, and other contemporary
issues. Students are expected to work in teams to develop
alternative solutions to problems discussed. Prerequisites:
EC110, 211 or permission of instructor.
EC
324 Economics of Money, Banking
and Financial Markets [3] This course stresses
the economic way of thinking by developing a unifying
analytical framework for the study of money, banking,
and financial markets. This framework uses a few basic
economic principles to analyze the structure of financial
markets, the foreign exchange market, bank management,
and the role of money in the economy. International
applications are integrated throughout the course. Topics
such as international banking, conduct of monetary policy
in other countries and the growing integration of financial
markets among others will be covered. Prerequisites:
EC 110, 211
EC
330 History of Economic Thought
[3] This course examines the development of economic
theories from pre classical to contemporary economics.
Emphasis is placed on contributions of individual writers
and schools of economic thought. Prerequisites: EC 110,
211 or permission of instructor.
EC
344/HIS 320 Advent of Industrialization
in the Western World [3] The processes of industrialization
and economic growth; the first industrialization in
England; the subsequent spread of industrialization
in the Western world; the social, political, and intellectual
concomitants of industrialization.
EC
346/HIS 272 Industrialization in
Asia [3] An examination of the responses of
non-Western societies to contact with Western technological
superiority since the Mejii Era in Japan and their varied
experiences with the imperatives of "induced"
industrialization, as distinguished from the earlier
Western pattern of "spontaneous" industrialization.
Prerequisite: Permission of instructor.
EC
354 Economic Growth and Development
[3] Analysis of the fundamental, social, political,
and economic factors that influence economic development.
Emphasis on factors that condition growth in underdeveloped
countries and on problems of maintaining growth rates
in advanced economies. Prerequisites: EC 110, 211
EC
450 International Economics [3]
A survey of the salient features of the present international
economy and a foundation in the theory of international
trade and finance. Topics include classical and modern
trade theories, regional economic integration, commercial
policy and current issues of the global economy. Prerequisites:
EC 110, 211.
EC
470 Industrial Organization and
Antitrust Policy [3] A discussion and appraisal
of specific governmental regulatory policies toward
business. Topic areas include historical origins of
regulatory policies; competition and monopoly theory;
industrial organization theory, business concentration,
predatory pricing theory and practice, barriers to entry;
selected antitrust cases dealing with monopoly, price
fixing, price discrimination, tying agreements and mergers.
In addition, the political and social ramifications
of regulatory policy will be examined. Prerequisites:
EC 211
EC
480 Internship in Economics
[3] This course fulfills the required internship for
students majoring in Economics/Finance. Under the supervision
of a faculty advisor, students will gain field experience
with a for-profit or not-for-profit organization. Prerequisites:
BAR 210, EC 311 or 312, junior status, departmental
approval, and cumulative GPA of 2.0.
EC
481 Independent Study in Economics
[3] Supervised individual study, under the direction
of a faculty advisor, leading to a written report of
professional quality. Prerequisite: Junior or senior
standing.
EC
491 Special Topics in Economics
[3] This course will provide a vehicle for offering
new or experimental courses to economics and finance
majors. Prerequisite: Junior or senior standing.
QNT
130 Introduction to Quantitative
Methods for Business [3] This course will equip
students with the necessary tools in quantitative methods
and their business applications. Topics include applications
of marginal analysis, data analysis, probability, univariate
and bivariate random variables, applications of expected
values, covariance and correlation, and linear models
with business applications and decision making. Discussions
of case studies and problem solving using Excel and
other computer software will be included. Prerequisite:
M110. Laboratory fee. (Fa/Sp)
QNT
230 Business Statistics
[3] Encompasses the basic statistical techniques used
in business, government, and research. Topics include
probability distributions, sampling, statistical inference,
quality control, Chi-square tests, simple and multiple
regression with applications in business. Prerequisite:
QNT 130 or equivalent. Laboratory fee. (Fa/Sp)
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