Courses: Current and Upcoming

Previous Years' Courses

Spring 2012

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 LA SS 1b

3 credits

INSTRUCTORS:

Sections 01 & 02: Albert Alexander, Admin Annex 123, 4-1579

Section 03: Elia Kacapyr, Muller 426, 4-3274

Sections 04 & 06: Stephen Younger, Muller 418A, 4-3134

Section 07: Roger Hinderliter, Muller 331, 4-3582

Sections 08 & 09: Kenny Christianson, Muller 418A, 4-3134

Sections 05 & 10: Darius Conger, Muller 420, 4-3259

Sections 11 & 12: Jennifer Tennant, Muller 305, 4-1041

ENROLLMENT: Section 03: 70; all other sections: 35

PREREQUISITES: 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 & GRADING: Exams (15% each); final (10%).

 

ECON 12200-01, 02 Principles of Microeconomics LA SS 1b

3 credits

INSTRUCTOR: Patrick Meister, Muller 319, 4-3883

ENROLLMENT: 35

PREREQUISITES: None.

STUDENTS: Generally first year students from all majors with economics and business majors taking the course as a requirement.

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 & GRADING: Letter grades with pass/fail available for some majors (not economics) see major advisors for specifics.

 

ECON 28100-01 Environmental Economics LA SS 1h

3 credits

INSTRUCTOR: Bill Kolberg, Muller 430, 4-3609

ENROLLMENT: 25

PREREQUISITES: ECON 12200.

STUDENTS: Sophomores through seniors; all majors and schools.

COURSE DESCRIPTION: The objective of this course is to provide a methodology for examining the underlying causes for the crisis of the environment, to analyze existing regulatory programs and to

pollution; toxic substances; site preservation; distributional effects of environmental policy; and international aspects of environmental problems.

COURSE FORMAT/STYLE: Lecture/discussion.

 

ECON 30400-01 Economics of Health Care SS

(cross listed with HLTH 30400)

3 credits

INSTRUCTOR: Jennifer Tennant, Muller 305, 4-1041

ENROLLMENT: 25

PREREQUISITES: ECON 12100/12200 and two courses in humanities, social sciences, or business.

CORUSE DESCRIPTION: This course will introduce students to the health care delivery and financing system in the United States. We will use economic analysis to dive into these concepts, as well as current health policy debates. Topics will include insurance, health care reform in the United States, Medicare, Medicaid, physician payment arrangements and resulting incentives, global comparative health systems and quality of care.

COURSE FORMAT/STYLE: Lectures and discussions.

COURSE REQUIREMENTS & GRADING: Midterm, policy brief, reading responses and final exam.

 

ECON 31200-01 Economic Development SS LA

3 credits

INSTRUCTOR: Stephen Younger, Muller 418A, 4-3134

ENROLLMENT: 20

PREREQUISITES: ECON 12100 and ECON 12200 or two additional courses in humanities, social sciences, or business.

COURSE DESCRIPTION: This course examines how economies ―develop‖ – how they grow, how their structure changes, and what that means for the material living standards of their people. The focus is on the poorer economies of Africa, Asia, and Latin America, though historical data from the now richer economies are also considered. The course emphasizes public policy options to promote economic development and poverty reduction.

COURSE FORMAT/STYLE: Discussion and lecture.

COURSE REQUIREMENTS & GRADING: Course will use the Development Economics Reader, edited by Giorio Secondi and other articles provided by the instructor. Evaluation includes class participation, exams, and papers.

 

ECON 32100-01 Money and Banking LA SS

3 credits

INSTRUCTOR: Roger Hinderliter, Muller 331, 4-3582.

ENROLLMENT: 25

PREREQUISITES: ECON 12200; two courses in humanities, social sciences, or business.

STUDENTS: Sophomores through seniors; required for economics majors.

COURSE DESCRIPTION: Basic topics include: functions of money and monetary standards, financial institutions and markets, financial decision-making, commercial banks and the role of money and financial institutions in exchange and the determination of output and employment, the level of prices, and economic growth.

COURSE FORMAT/STYLE: Lecture and discussion.

COURSE REQUIREMENTS & GRADING: 2 exams and a final exam; out of class projects.

 

ECON 32200-01 Monetary Theory and Policy LA SS

3 credits

INSTRUCTOR: Roger Hinderliter, Muller 331, 4-3582.

ENROLLMENT: 20

PREREQUISITES: ECON 32100 or FINA 20300.

STUDENTS: Sophomores through seniors.

COURSE DESCRIPTION: Advanced topics include: theory of the demand for money, theory of the supply of money, alternative stabilization policies, strategy of monetary policy. Major objective: to obtain understanding of how monetary policy decisions are made, and the implication of the policy process for general economic activity.

COURSE FORMAT/STYLE: Lecture and discussion.

COURSE REQUIREMENTS & GRADING: Exams and papers.

 

ECON 33400-01 Econometrics II LA SS

3 credits

INSTRUCTOR: Elia Kacapyr, Muller 426, 4-3274

ENROLLMENT: 15

PREREQUISITES: ECON 33300.

COURSE DESCRIPTION: Advance topics in econometrics, including problems in regression (multicollinearity, autocorrelation, heteroscedasticity), tests of linear restrictions, dummy variables, distributed lags and simultaneous-equation models. Exposure to econometric computer packages.

 

ECON 34200-01 Macro Analysis LA SS

3 credits

INSTRUCTOR: Shaianne Osterreich, Muller 420, 4-3552

ENROLLMENT: 25

PREREQUISITES: ECON 12100-12200; two courses in the humanities, social sciences, or business. Not available to students who have taken ECON 34400.

STUDENTS: Sophomore and Junior Economics, Applied Economics, and Business Majors.

COURSE DESCRIPTION: This intermediate course in macroeconomic theory examines mainstream and alternative approaches to understanding unemployment, inflation and economic growth. We will cover theoretical frameworks that seek to explain the role of policy in influencing price stability, business cycles, interest rates, employment as well as deficits and debt. The course will also cover open-economy macro, which represents theory that explicitly incorporates the global economy.

COURSE FORMAT/STYLE: Lecture/discussion.

 

ECON 37200-01 Industrial Organization LA SS

3 credits

INSTRUCTOR: Patrick Meister, Muller 318, 4-3883

ENROLLMENT: 25

PREREQUISITES: ECON 12100-12200; two courses in humanities, social sciences, or business.

COURSE DESCRIPTION: Extends and refines the economic theory of the firm that students learned in economics principles courses. Special emphasis is placed on strategic behavior of business firms. Drawing on case studies in U.S. industries, it examines theories of firms‘ motives, interdependence among firms, product differentiation, and barriers to entry. It also addresses modes of competition. Mergers and acquisitions are also given special attention. The course also utilizes in-class simulations of real competitive situations. It also examines U.S. antitrust policies.

 

ECON 41100-01 International Economics LA SS 1g

3 credits

INSTRUCTOR: Shaianne Osterreich, Muller 420, 4-3552

ENROLLMENT: 25

PREREQUISITES: ECON 34200; two courses in humanities, social sciences, or business.

COURSE DESCRIPTION: The major goal of this course will be to develop your skills as an attentive and capable participant in the global society. This course will start with mainstream Classical and Neo-Classical theories of international trade. This section will focus on the issues of comparative advantage, ‗gains from trade‘ and the role of ‗exogenous endowments‘ in determining trade patterns. We will then move on to integrate the monetary sphere by covering balance of payments, exchange rates, and internationally mobile financial capital. In addition, this class will discuss relatively new and alternative theoretical frameworks for the roles of technology and monopoly power in shaping global trade and finance.

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