Economics (ECO)

Introductory microeconomic theory; resource allocation, output determination; production theory, income distribution.

Offered Fall, Spring, Summer

Introductory macroeconomic theory; national income accounting, national income determination, monetary and fiscal policy.

Offered Fall, Spring, Summer

Introduction to probability theory, estimation of population proportions, means, variances, hypothesis tests, statistical inference and decision-making using multivariate analysis, basic regression analysis, and Bayesean techniques; computer assisted workshops/studies.

Offered Infrequent

Prerequisite: ECO 210. Role of prices in product and factor markets, principles of production and costs, business behavior under various types of market structure, general equilibrium and welfare economics.

Offered Infrequent

Prerequisite: ECO 211. Measurements and analysis of the determinants of national income, employment and the general price level. Theoretical foundations of contemporary monetary and fiscal policies.

Offered Infrequent

Development of the American economy, organizational patterns and institutions, from settlement to the present, with emphasis on the interaction of social, political, and economic phenomena.

Offered Infrequent

Prerequisites: ECO 210 and ECO 211. Nature and functions of money and its relation to prices; the monetary system of the United States; the functions of banks, bank-credit, foreign exchange and monetary control.

Offered Infrequent

Prerequisites: ECO 210 and ECO 211. Economic principles underlying public administration. Concepts of socially efficient resource allocation and provision of public goods. Emphasis on fiscal functions of federal, state and local governments, the allocation of resources between government and private use.

Offered Infrequent

Prerequisite: ECO 210 or consent of instructor. Analysis of supply and demand for labor, wage determination, investment in human capital, minimum wage laws and the economics of collective bargaining. Taught with either general focus or special focus; e.g., women, disadvantaged groups and unions.

Offered Infrequent

Prerequisites: ECO 210 and ECO 211. Classical and modern theories of international trade, theory and practice of protection, commercial policies, balance of payment adjustments and regional trade organizations.

Offered Fall

Prerequisites: ECO 210 and ECO 211. Analysis of international financial transactions, capital movements, international financial organizations, balance of payments, key currencies and exchange rates. Comparison of alternative international monetary systems.

Offered Spring

Prerequisites: ECO 210 and ECO 211. Theories of economic development. Contemporary economic structure of low income countries. Causes of limited economic growth. Policy alternatives.

Offered Infrequent

Prerequisites: ECO 210 and ECO 310. Construction and application of mathematical models to economic and business decision-making. Modeling techniques including the Lagrange multiplier technique, optimal control theory, and differential game theory. Two hours of lecture and two hours of technical activity.

Offered Infrequent

Prerequisites:ECO 230. Application of statistical techniques to the problem of testing the validity of behavioral relationships suggested by economic theory. Topics include regression analysis, time series models, forecasting, and decision making. Applications performed on the computer. Two hours of lecture and two hours of technical activity.

Offered Infrequent

Prerequisites: ECO 210 and ECO 211. Current issues of industrial organization, concentration, and diversification. Anti-trust policy.

Offered Infrequent

Economic factors underlying and following from the urbanization of modern societies. Current problems such as urban decay, air and water pollution, transportation construction, education, racial concentration, and city-state and city-federal relationships.

Offered Infrequent

Prerequisite: ECO 210 or consent of instructor. Deals with topics such as supply and demand for health services, prices and cost of health care, fiscal resources and allocations, health insurance and methods of reimbursement, and influences of Medicaid and Medicare and health care consumption and delivery.

Offered Infrequent

Prerequisites: ECO 210 and ECO 211, and consent of instructor are recommended. Individual study of some topic or problem under the supervision of a member of the Economics Department. Repeatable course.

Offered Infrequent

A course focusing on selected topics in economics, such as economics of inflation, health, education, ecology, oil spills, and risk and insurance. Repeatable course.

Offered Infrequent

Prerequisite(s): Graduate standing with Business Major or equivalent. The objective of the course is to build upon the foundation of financial economics, increase the student's knowledge and understanding of security analysis, capital budgeting, benefit-cost analysis and portfolio management. Majors covered include bond prices, and yields, managing bond portfolios, macroeconomics and industry analysis, equity valuation, options markets and valuations, future markets and risk management, performance evaluation and active Repeatable for credit. A-B/NC grading.

Offered Fall, Spring, Summer

Prerequisite(s): Graduate standing in Business Major or equivalent. Business Data Analysis and Modeling is the social science of combining economic theory, mathematics and statistical inference to analyze business phenomena. Business Data Analysis and Modeling helps students evaluate quantitative information and teaches them how to use data to answer quantitative questions in business and associated disciplines. By taking Business Data Analysis and Modeling course you will gain an overview of what business data analysis is about, and development some institution about how things work and make them as a model. The emphasis of this course will be on understanding the tools of applied statistics and applying them in practice. Repeatable for credit. A-B/NC grading.

Offered Fall, Spring, Summer

Prerequisite(s): Graduate standing with Business Major or equivalent. Managerial Economics uses microeconomics theory and analytical approaches useful for managers to analyze business decision making. Major topics include demand analysis, productions and cost analysis, pricing strategies, forecasting and estimation, market structures, firm and consumer behavior, and game theory to analyze strategies. The course combines mathematical skills with microeconomics and business application. Its goal is to develop an economic perspective for student that aim to be managers in difference industries. Repeatable for credit. A-B/NC grading.

Offered Fall, Spring, Summer

Prerequisite(s): Graduate standing with Business Major equivalent. This course examines 1). the concept of corporate social responsibility by analyzing complex Corporate Social Responsibility (CSR)- related issue; 2) corporate environmental strategy in a world characterized by unprecedented environmental challenges.

Offered Fall, Spring, Summer

Prerequisite(s): Graduate standing with Business Major or equivalent. The course deals with the behavior of households, industries, and individuals. The course attemps to integrate advanced microeconomics analysis with more current and managerially important topics such as developing effective performance-evaluation systems and compensation plans. The concepts and data for the study of individual economic behavior, firms, industries, and markets are introduced. The principles covered in this course are building blocks. These building blocks can and will be use to analyze many specialized advanced micro topics. Repeatable for credit. A-B/NC grading.

Prerequisite(s): Graduate standing with Business Major or equivalent. This course examines inequality of income and wealth. The course covers issues of measurement: How do we specifically define and obtain data on income and wealth, connection of globalization and inequality, and how to define inequality, and policy proposals to alleviate it.

Offered Fall, Spring, Summer

Prerequisite(s): Graduate standing with Business Major or equivalent. Recommended prerequisite(s): NA. Co-requisite(s): NA. Recommended co-requisite(s): NA. Game Theory provides systematic way of analyzing problems of strategic behavior where one agent's actions depend essentially on what other agents may do. The objective of this course is to provide a rigorous and precise introduction to game theory and its applications in economics, business, political science, history, military science, sports, biology, and so on. A-B/NC grading.

Offered Fall, Spring, Summer

Prerequisite(s): Graduate standing with Business Major or equivalent. Recommended co-requisite(s): NA. This is a student-centered and research-oriented course. During the first half of the course, the instructor will introduce the students to theoretical urban economics, spatial and real estate analysis, and to a series of stylized facts regarding urbanization patterns and policies. During the second half of the course, the students work in their applied research projects under the guidance of the instructor. The course offers an introduction to the functioning of urban markets, both at the global level and in the USA, to inform policy and business discussions during the term.

Offered Fall, Spring, Summer

Prerequisite(s): Graduate standing with Business Major or equivalent. The course will cover current topics in financial economics. The course focuses on class discussion and case analysis to build a deeper understanding of the topics covered. A-B/NC grading.

Offered Fall, Spring, Summer