Current Elective Offerings
FALL 2024 ELECTIVES
ECON-307 Law and Economics (1 Credits)
JUNIORS OR SENIORS ONLY This course analyzes the law using economic principles. In particular, it employs the techniques of microeconomic theory in the study of policy issues and legal rules. Topics such as property rights, externalities, contract law, tort law (accidents), product liability and criminal adjudication are critiqued in terms of how different incentive structures motivate economic actors. The course includes the study of how economic goals conflict with and complement other goals of the law, such as justice and fairness Prerequisite: Economics 251.
Requisites:
Pre-req: ECON-251 - Must be completed prior to taking this course.
ECON-309 Labor Economics (1 Credits)
JUNIORS OR SENIORS ONLY A study of labor markets and the role they play in the determination of wages, employment and working conditions. The demand for labor by employers, leisure-labor supply decisions by households,investment in human capital, distribution of earnings among individuals and the effects of labor unions are discussed. Topics covered may include analysis of the role of government policy in the areas of income maintenance, unemployment, education, and occupational health and safety. Prerequisites: ECON-251 and ECON-200 or STAT-213.
Requisites:
Pre-req 1: ECON-251 Pre-req 2: ECON-200 or STAT-213 JUNIORS OR SENIORS ONLY - Must be completed prior to taking this course.
ECON-311 Money and Banking (1 Credits)
JUNIORS OR SENIORS ONLY This course explores the roles of money, banks and government policy in promoting economic growth and stability in a modern economy. In particular, the course investigates the operational principles of modern banks and the Federal Reserve System and compares their strengths and weaknesses to other historical and theoretical banking systems. The course focuses on the effects of monetary institutions and policy on macroeconomic stability, including inflation and business cycles. Other topics may include the history of American banking, current issues in bank regulation, electronic money, the role of financial markets and international monetary economics. Prerequisite: Economics 252.
Requisites:
Pre-req 1: ECON-252 - Must be completed prior to taking this course.
ECON-336 Economic Development (1 Credits)
This course examines the problems of economic growth and development in the less developed countries (LDCs) of Asia, Africa and Latin America. Although a variety of approaches to development economics are studied, the analysis of new institutionalist economics is emphasized. By the end of the semester, participants should be able to understand (1) the economic diversity, as well as the diversity of development problems, among LDCs, (2) the conditions necessary or conducive to economic growth and the institutional hindrances to growth, and (3) the economic implications of alternative development strategies and policies. Prerequisites: ECON 251,ECON 252,and STAT-113 or ECON-200
Requisites:
Pre-req 1: STAT-213 or ECON-200 Pre-req 2: ECON-251 Pre-req 3: ECON-252 - Must be completed prior to taking this course.
ECON-342 Econometrics (1 Credits)
JUNIORS OR SENIORS ONLY statistical techniques economists have found useful in analyzing economic data, estimating relationships among economic variables and testing economic theories. Topics include multiple regression, probit and logit analysis, heteroscedasticity, autocorrelation and simultaneous equations models. Prerequisites: ECON-200 or STAT-213, ECON-251 and ECON-252.
Requisites:
Pre-req 1: ECON-200 or STAT-213 Pre-req 2: ECON-251 Pre-reg 3: ECON-252 - Must be completed prior to taking this course.
ECON-346 Game Theory (1 Credits)
JUNIORS OR SENIORS ONLY This course is an introduction to game theory. Students will learn basic concepts related to static and sequential games, as well as some games of imperfect information. The objective of the course is to help students understand how economists model strategic behavior in order to derive predictions. Pre-req:ECON 251
Requisites:
Pre-req:ECON-251 - Must be completed prior to taking this course.
ECON-384 Natural Resource Economics (1 Credits)
JUNIORS OR SENIORS ONLY This course complements Economics 308 (Environmental Economics). Standard economic approaches to problems of natural resources are presented and criticized from a variety of different perspectives to give students a deeper appreciation of the role of economic analysis in coping with natural resource scarcity. Specific topics include economics and population growth, economics and environmental ethics, ecological economics and sustainability, biodiversity and water resources. Prerequisites: Economics 200 and 251.
Requisites:
Pre-req 1: ECON-200 Pre-req 2: ECON-251 - Must be completed prior to taking this course.
ECON-410 Fed Challenge I (1 Credits)
PERMISSION ONLY This course prepares students to compete in the Fed Challenge, a competition sponsored by the Federal Reserve System, in which teams from participating schools present monetary-policy analyses to a panel of judges at regional Federal Reserve Banks and regional winners advance to a national competition in Washington, D.C. It is an excellent opportunity for students to develop professional skills such as strong knowledge of macroeconomic and financial data, solid command of software to create charts and presentation materials, and extensive practice of oral communication skills.
Requisites:
Pre-req 1: ECON-100 PERMISSION ONLY COURSE - Must be completed prior to taking this course.
FIN-4000 Topics in Finance (1 Credits)
Pre-req 1: ECON-251 Pre-req 2: ECON-252
Requisites:
Pre-req 1: ECON-251 Pre-req 2: ECON-252 - Must be completed prior to taking this course.
FIN-4014 Risk Management (1 Credits)
Pre-req 1: ECON-251 Pre-req 2: ECON-252
Requisites:
Pre-req 1: ECON-251 Pre-req 2: ECON-252 - Must be completed prior to taking this course.