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  • 3.00 Credits

    Market efficiency and Adam Smith's "invisible hand" remain the focus of most traditional economics classes. However, in our era, market failures are endemic. Whether it is externalities, monopolies or public goods, market failures commonly dominate the economic news especially in the advanced, information driven economies such as ours. As a result, economic well-being today depends more than ever on how we can fix these failures. Yet, politics can constrain the effectiveness of our political institutions, shaped and influenced heavily by the economy. This raises the possibility of a vicious cycle. Economic problems can fuel the type of politics that erode our institutional capacity to fix market failures, making them fester and reinforce destabilizing politics. This suggests a "double failure," where the economy and politics fail together.
  • 3.00 Credits

    This course presents the causes and consequences of financial crises from a historical perspective, and in this context discusses alternative economic views on how markets work and the role of the government in stabilizing the economy. It will give a historic account of financial crises from the 1636 tulip mania to the crash of 2008, and introduce basic economic concepts including resource allocation, rationality, herd behavior, uncertainty, risk, speculation, market failure, and regulation.
  • 3.00 Credits

    The course presents the history, institutions, and theories of international economic relations. The course covers alternative theories relating to the patterns of international trade, commercial policy, as well as international macroeconomics, i.e. the relationships between national income and international trade and payments, balance-of-payments adjustment, international monetary arrangements, and foreign investment.
  • 3.00 Credits

    What current issues keep economists and policymakers up at night? Where did these problems come from, and what is being done to address them? How do these concurrent problems intersect both in their impacts and possible solutions? From rising US inequality to climate change to healthcare and financial instability, this course focuses on the most pressing issues currently facing the US and world economy.
  • 3.00 Credits

    This course presents an introduction to mathematics for economists. Topics include the general use of mathematical language and techniques to formulate and solve problems in economics, and specifically linear algebra, differential and integral calculus, and constrained optimization. Prerequisites: 'C-' or better in (MATH 1050 OR MATH 1080 OR MATH 1090) OR Accuplacer CLM score of 80+ OR Accuplacer AAF score of 263+ OR ACT Math of 28+ OR SAT Math of 650+ OR Calculus AB score of 3+
  • 3.00 Credits

    This course introduces students to the foundations of statistical analysis. The course covers graphical and numerical methods of summarizing data, the fundamentals of probability theory, and how to test hypotheses based on samples. These basic statistical skills are useful in a wide range of contexts ranging from reading and interpreting news articles critically, becoming an educated consumer, evaluating policies, to taking more advanced classes in quantitative analysis. Prerequisites: 'C-' or better in MATH (1050 OR 1080 OR 1090 OR 1100 OR 1210 OR 1250 OR 1310 OR 1311) OR ECON 3620 OR AP Calc AB 3+ OR AP Calc BC 3+ OR AccuplacerCLM score 80+ OR AccuplacerAAF score 263+ OR ACTMath 28+ OR SATMath 650+.
    General Education Course
  • 3.00 Credits

    A variety of economic methods can be applied to sports. The class begins with a market analysis of the professional sports industry, including cost accounting, marketing strategies and profitability in the design of sporting venues. Regional analysis is used to understand the economic effect of building a new stadium. Econometric methods are used to relate sports performance statistics to athlete salaries and team profits. Professional teams have a natural tendency to become monopolies. The history of antitrust law has guaranteed market power for professional teams, but competition, other sports and other entertainment options limits that power. The wages and work of athletes are studied from the viewpoint of labor economics. Racial and gender discrimination is discussed as a historically important aspect of the professional athletic labor market. The economics of player's unions, league monopolies and contract negotiation is analyzed in terms of the theory of games. In many cases the analysis is extended to a discussion of reforms that are fairer and more efficient.
  • 1.00 Credits

    This course will help you refine and improve your written academic communication skills. This class assumes that you will be writing a long paper for an economics course. If this is not the case, you will need to write a paper for this course or choose a paper assignment from another course, either past or current. The prerequisite for this class is that you have at least a working knowledge of high school level English grammar and usage. If this is not the case, taking a course that covers that specific material will be more beneficial and is highly suggested.
  • 1.00 - 3.00 Credits

    Subjects vary. Topics to be specified when course is offered.
  • 3.00 Credits

    This course introduces you to a self-contained analysis of some of the major building blocks of neoclassical microeconomic theory and is purely theoretical in nature. This course will explore the decision-making of economic agents (consumers and firms) and examine how different market mechanisms operate to allocate resources and thereby affect social welfare. Prerequisites: 'C-' or better in ((((ECON 2010 OR BUS 2010) AND ECON 2020) OR AP Microecon score of 3+ AND AP Macroecon score of 3+) AND ((ECON 3620 OR MATH 1100 OR MATH 1210 OR MATH 1250 OR MATH 1310 OR MATH 1311)) OR AP Calc AB 4+ OR AP Calc BC 3+)