Next Semester Courses
Fall 2013
DEPARTMENT OF ECONOMICS
By the end of the sophomore year, the prospective major should have completed ECON 12100, Principles of Macroeconomics, and ECON 12200, Principles of Microeconomics; Mathematics 105, 108 and 243; also WRIT-10600, Academic Writing I, and other required or elective courses. All courses in the Department are open to non-majors.
ECON 12100-all sections Principles of Macroeconomics SS 1b
3 credits
INSTRUCTORS:
Sections 01 & 02: Kenny Christianson, Muller 418A, 4-3134
Section 03: Elia Kacapyr, Muller 426, 4-4274
Section 04: Roger Hinderliter, Muller 331, 4-3582
ENROLLMENT: 35 per section
PREREQUISITE: None
STUDENTS: Freshman and sophomores from a variety of majors.
COURSE DESCRIPTION: This course is an introduction to economics as a discipline. Graphs are often used to analyze economic theories and solve problems. Macroeconomics includes the following topics: production-possibilities frontiers, determination and measurement of national income, business cycles, money and banking, fiscal and monetary policy, schools of economic thought, taxation, price levels, and applications to current economic problems.
COURSE FORMAT/STYLE: Lectures/discussions. Tutoring available.
COURSE REQUIREMENTS AND GRADING: TBA
ECON 12200-all sections Principles of Microeconomics SS 1b
3 credits
INSTRUCTORS:
Sections 01 & 02: Albert Alexander, Muller 305, 4-1579
Section 11: TBA
Sections 04, 05, & 06: Stephen Younger, Muller 418A, 4-3134
Sections 08 & 09: Patrick Meister, Muller 319, 4-3883
Sections 10: Jennifer Tennant, Muller 305, 4-1041
ENROLLMENT: 35 per section
STUDENTS: Generally first year students from all majors with economics and business majors taking the course as a requirement.
PREREQUISITE: None
COURSE DESCRIPTION: To introduce students to microeconomics with topics such as determination of price by supply and demand, theory of consumer demand and utility, analysis of costs and supply, market structures and industry organization including monopoly, distribution of income, pricing of productive resources (wages, interest, profits, and rents), international economics, comparative economic systems, and applications to current economic problems.
COURSE FORMAT/STYLE: Lectures and discussions.
COURSE REQUIREMENTS AND GRADING: Letter grades with pass/fail available for some majors (not economics) see major advisors for specifics.
ECON 22000-01 Managerial Economics SS LA 1b
3 credits
INSTRUCTOR: Patrick Meister, Muller 319, 4-3883
ENROLLMENT: 35
PREREQUISITES: ECON 12100/12200 and two courses in the humanities, social sciences or business.
COURSE DESCRIPTION: The study of methods of managerial business decision making using (mostly) microeconomic tools of analysis. Topics include pricing principles and strategies, strategic decisions (e.g., whether or not to enter a market, whether or not to place a bid for a business asset available via auction, etc.), production and cost considerations, marginal analysis (e.g., marginal cost, marginal revenue) as it applies to optimization, and application of what you know about the demand for your product(s). This course is more application and case-study intensive than traditional intermediate level microeconomic courses.
COURSE REQUIREMENTS AND GRADING: McGuigan, James, Charles Moyer, and Frederick DeB Harris: Managerial Economics: Applications, Strategy and Tactics, 9th edition (Southwestern, 2002).
ECON 28801-01 ST: Economics of Migration
3 credits
INSTRUCTOR: Petros Tesfazion
ENROLLMENT: 35
PREREQUISITES: ECON 12100/ECON 12200
COURSE DESCRIPTION: This course applies the theoretical and empirical tools of economics to analyze major migration issues. Topics include the determinants of the migration decision, the impact of migration on the sending and receiving counties, the assimilation of immigrants in the host countries, the clustering in immigrant enclaves s well as policy problems facing the sending and receiving countries.
COURSE FORMAT/STYLE: Lectures and discussions.
COURSE REQUIREMENTS AND GRADING: Exams and papers
ECON 29901-01 Microeconomic Experiments SS LA
3 credits
INSTRUCTOR: William Kolberg, Muller 430, 4-3609, Kolberg@ithaca.edu
ENROLLMENT: 30
PREREQUISITES: ECON 12200, Principles of Microeconomics
STUDENTS: Sophomores, juniors, seniors; any major.
COURSE DESCRIPTION: To provide a “real world” arena for applying theory and concepts discussed in Principles of Microeconomics. Students manage firms in a market composed of class participants. After an orientation/introduction unit, students will make decisions for their firms three times per week during the semester. Grades will be based on profits earned and class participation.
COURSE FORMAT/STYLE: Orientation and introduction component will be conducted in classroom as informal lecture/workshop. The market simulation will be conducted on-line. At the end of the semester, there will be a final in-class de-briefing session.
COURSE REQUIREMENTS AND GRADING: In addition to weekly discussions, students will write up a 5 page lab report summarizing their experience in the market simulation. Letter grades based on profit rank (75) and lab report (25).
ECON 30100-01 & 02 Labor Economics SS LA
3 credits
INSTRUCTOR: Darius Conger, Muller 410, 4-3582
ENROLLMENT: 30
PREREQUISITE: ECON 12100/ECON 12200 and two courses in humanities, social sciences or business.
COURSE DESCRIPTION: Examine and analyze both the micro and macro operations of the labor market through concepts such as labor as embodied human capital and a factor of production. Topics include derivation of labor supply; labor demand; wage determination; analysis of wage structures, discriminatory and other differentials; personal economics, incentive structures and job ladders; macroeconomic topics include unemployment, labor mobility, technical change, off-shoring, real business cycles and income and earnings inequality.
COURSE FORMAT/STYLE: Group discussion, student presentation of research studies, lecture.
COURSE REQUIREMENTS AND GRADING: Text, selected readings: available through Sakai. Exams, homework, term paper, class presentations.
ECON 32100-01 Money and Banking SS
3 credits
INSTRUCTOR: Roger Hinderliter, Muller 331, 4-3582
ENROLLMENT: 35
PREREQUISITE: ECON 12100-12200 and two courses in humanities, social sciences, or business.
STUDENTS: Sophomores through seniors; required for economics majors.
COURSE DESCRIPTION: Descriptive and theoretical treatment of money, banking, and credit phenomena in the United States. Monetary media, monetary standards, credit instruments, commercial and central banking operations, organization and operation of the Federal Reserve System, monetary theory, and past and present monetary policies.
COURSE FORMAT/STYLE: Lecture and discussion. 2 exams and a final exam.
ECON 33300-01 Econometrics I SS
3 credits
INSTRUCTOR: Elia Kacapyr, Muller 426, 4-3274
ENROLLMENT: 30
PREREQUISITE: ECON 12100/12200 and Mathematics 313-24300 or 24400, or Mathematics 313-14400.
STUDENTS: Junior and senior economics, applied economics, math/economics, or finance majors.
COURSE DESCRIPTION: Course content: This course is an introduction to using statistical methods to conduct economic analysis. The Basic technique is regression analysis. The student will learn how to specify and estimate a regression model, interpret it and test hypotheses with it. Some statistical and mathematical theory will be necessary to accomplish this. Statistical work will eventually be done with software. Students will be shown how to use the software and interpret the output.
COURSE FORMAT/STYLE: Lectures/discussions.
COURSE REQUIREMENTS AND GRADING: 1 textbook; computer work, 10 problem sets. Problem Sets 40%; 2 Preliminary Exams 40%; Final Exam 20%.
ECON 34100-01 Micro Analysis SS
3 credits
INSTRUCTOR: Bill Kolberg, Muller 430, 4-3609
ENROLLMENT: 20-25 students per section
PREREQUISITE: 306-12100-12200 and two courses in the humanities, social sciences, or business.
STUDENTS: Economics, Applied Economics, Finance, Business majors and Economics minors; mostly juniors and seniors.
COURSE DESCRIPTION: For students to learn and appreciate the theories of the firm in market settings and to apply those theories to various forms of decision-making on the part of the firm.
COURSE FORMAT/STYLE: Informal lectures (note giving plus questions to and from students). Transparencies and quantitative aids used.
COURSE REQUIREMENTS AND GRADING: 2 preliminary examinations (30% each); final examination (30%), and quiz/homework/problem exercises (10%). Letter grades based on the above weights.
ECON 36500-01 Sports Economics LA SS
3 credits
INSTRUCTOR: Darius Conger, Muller 318, 4-3259
ENROLLMENT: 30
PREREQUISITES: ECON 12200 and SPMM-11000
COURSE DESCRIPTION: Examine and analyze both the micro and macro operations of the professional and intercollegiate sports markets. Topics include analysis of sport statistics, the economic analysis of teams and leagues or other regulatory agencies; professional and intercollegiate labor markets for athletes and coaches; the financing of sport facilities; the role of government in sports including antitrust exemptions and Title IX enforcement.
COURSE FORMAT/STYLE: Group discussion, student presentation of research studies, lecture
COURSE REQUIREMENTS AND GRADING: Text – selected readings available through Sakai. Exams, homework, term paper, class presentation.
ECON 38200-01 Economics of Growth SS
3 credits
INSTRUCTOR: Roger Hinderliter, Muller 331, 4-3582
ENROLLMENT: 30
PREREQUISITE: ECON 12100 and ECON 12200, either MATH-10800 or MATH-11100, and two courses in humanities, social sciences, or business.
STUDENTS: Majors and non-majors who have fulfilled the prerequisites. This course is not required; however, it should provide an attractive for the Mathematics/Economics major, a macro elective for the Bachelor of Science major in Economics, an elective for students in the business school, and anyone interested in improving one’s understanding of international and global relationships.
COURSE DESCRIPTION: Analysis and description of the process of economic growth. Introduction to the role of government policy in affecting the growth of national output and in affecting the growths of the factors of production.
COURSE FORMAT/STYLE: Lecture/discussion.