Take me to the Spring Time Schedule
101(201). Principles of Economics I. No credit granted to those who have completed or are enrolled in 400. (3). (SS). (QR/2).
Economics 101 is the first part of the two-term introduction
to economics. Both 101 and 102 are required as prerequisites to the concentration and to upper-level courses in economics. Economics
101 concentrates on the microeconomics of the modern economy:
how markets function under competitive conditions as well as with
various other types of market organization; the distribution of
income and wealth; the public sector; socialism; and related topics
of current interest. Grades are based largely on course-wide hour
tests and the final exam, but there will also be quizzes in the
sections.
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Times, Location, and Availability
102(202). Principles of Economics II. Econ. 101. No credit granted to those who have completed or are enrolled in Econ. 400. (3). (SS). (QR/2).
Economics 101 and 102 are required as prerequisites to the
concentration and to upper-level courses in Economics. In Economics
102, the fundamental concepts and theories of macroeconomics are
developed and used to analyze problems of current interest. The
major concerns of this course are the determinants of GNP, unemployment, inflation, international trade, and economic growth. The section
meetings are limited to 35 students.
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401. Intermediate Microeconomic Theory. Econ. 101 and 102, and Math. 115. (4). (SS). (QR/1).
This course deals with the theoretical analysis of consumers, firms, markets, and price determination. The analysis is rigorous, using the tools of algebra, geometry, and elementary calculus
in constructing models. Prerequisites include one term of calculus.
Economics 401 is a prerequisite for many other courses offered
in Economics. Concentrators in economics are required to elect this course and are encouraged to complete it early in their concentration
program. It is not recommended that 401 and 402 be taken in the
same term. Main lecture will meet twice a week. Sections will
meet twice a week. Cost:2
WL:1 (Gerson)
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402. Intermediate Macroeconomic Theory. Econ. 101 and 102, and Math. 115. (3). (SS). (QR/1).
This course in macroeconomics deals with the determination
of broad economic aggregates such as national income, employment, the price level, and the balance of payments in both the short
run and the long run. Rigorous analysis is used to understand the forces that determine these economic variables, and how they
are affected by public policies. It is predominantly a lecture
course, with grades based on hour test(s) and final exam. Prerequisites
include one term of calculus. Economics 402 is a prerequisite
for many other courses offered in Economics. Concentrators in
economics are required to elect this course and are encouraged
to complete it early in their concentration program. It is strongly
recommended that students take Economics 401 before 402. Cost:3
WL:3 (Johnson)
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404. Statistics for Economists. Econ. 101 and 102 and Math. 115. No credit granted to those who have completed or are enrolled in Econ. 405 or Stat. 265, 311, 402, 405, or 412. (4). (Excl). (BS). (QR/1).
This course is designed to enable students to read critically
empirical literature in economics and other social sciences. Topics
covered include descriptive statistics, elementary probability theory, statistical inference, and regression theory. Data analysis
and interpretation of quantitative results will be emphasized.
There are three lectures and one problem session per week. Grades
are based on problem sets and exams. The course is self-contained
and does not serve as a prerequisite to Economics 406. Cost:2
-3 WL:1 (Howrey)
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431. Industrial Organization and Performance. Econ. 401. (3). (Excl).
The course consists of microeconomic and game-theoretic analyses
for describing the structure and performance of industries. The
first part introduces the student to a wide variety of noncompetitive
market structures (such as various types of monopolies, Cournot, Bertrand, sequential moves, and location) for analyzing markets
for homogeneous and differentiated products; the first part concludes
with the analysis of entry barriers, entry deterrence and mergers.
The second part analyzes technological issues, such as innovation, research and development, and the effect of the patent system.
The third part is devoted to a wide variety of marketing and pricing
techniques, such as advertising, durability, warranties, two-part
tariffs, nonuniform pricing, bundling and tying, and dealerships.
The last part analyzes special industries. (Reimer-Hommel)
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395. Topics in Economics
and Economic Policy. Econ. 101 and 102. (1-3). (Excl).
May be repeated for a total of six credits.
Section 101 – Economics, Life and Philosophy. (3 credits).
Technology, preferences, and strategic or market interactions
determine economic outcomes. But technology and preferences are themselves determined by economic and historical forces. Economics
395, "Economics, Life and Philosophy" explores the determination
of technology by the history of invention and the determination
of preferences by Darwinian selection of human genes and human
ideas. In addition to at least two exams, the course has a number
of short papers and extensive reading. Dennett's book Darwin's
Dangerous Idea will be studied thoroughly, along with Dawkin's The Selfish Gene and two books chosen by each student
on evolutionary psychology and the evolution of ideas. (Kimball)
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498. Honors Independent Research. Open only to students admitted to Honors concentration in economics. (1-4). (Excl). (INDEPENDENT). May be repeated for a total of eight credits.
This course is for undergraduates writing senior Honors theses.
Each student's grade for the course and levels of Honors achieved
will depend entirely on the quality of the thesis, as evaluated
by the thesis advisor with whom the student has arranged to work.
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499. Independent Research. Written permission of staff member supervising research, and permission of the economics concentration advisor. (1-4). (Excl). No more than four credits may be used in an economics concentration program. (INDEPENDENT). May be repeated for a total of eight credits.
Student and instructor agree on a substantial piece of work
involving reading or research. Evaluation is based on the written
work, either papers or examinations.
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Times, Location, and Availability
Take me to the Summer Time Schedule
101(201). Principles
of Economics I. No credit granted to those who have
completed or are enrolled in 400. (3). (SS). (QR/2).
See Economics 101 (Spring Term).
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Times, Location, and Availability
102(202). Principles
of Economics II. Econ. 101. No credit granted to those who have completed or are enrolled in Econ. 400. (3). (SS).
(QR/2).
See Economics 102 (Spring Term).
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Times, Location, and Availability
438/Health Management
and Policy 661 (Public Health). Economics of Health Services.
Econ. 401 or HMP 660. (3). (Excl).
This course will introduce students to the fundamental concepts
of the field of health economics. The basic framework of economics
will be used to analyze the behavior of hospitals, physicians, insurers, and health care consumers. The tools of economics will
be applied to managerial issues such as make-or-buy decisions
or pricing decisions. Additionally these economic tools will be
used to analyze how various parties might respond to changes in the health care system. By the end of the course students should
be able to assess the potential impact of hypothetical changes
in the health care system on costs and access as well as on the
well-being of hospitals, physicians, and insurers. Cost:2
WL:4 (Reimer-Hommel)
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Times, Location, and Availability
360. The Developing Economies.
Econ. 101 and 102. No credit granted to those who
have completed or are enrolled in 461. (3). (SS).
Most people live in "less developed countries" with
much lower average incomes than the United States and other "developed
countries" and this inequality continues to increase in severity.
This course explores alternative conceptions of economic development, investigates proposed explanations for international variations, and critically examines competing strategies for alleviating global
poverty and enlarging opportunities for human flourishing, especially
for those worst off. A further focus is potential implications
of global development in the more developed countries. The main
text for the course is Economic Development by Michael
P. Todaro (1997). Written work for the course consists of a midterm
examination, a 10-15 page term paper on a mutually agreeable topic, and a final examination. Discussion in class is strongly encouraged.
Cost:2 WL:1
(Thompson)
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Times, Location, and Availability
499. Independent Research.
Written permission of staff member supervising research, and permission of the economics concentration advisor. (1-4).
(Excl). No more than four credits may be used in an economics
concentration program. (INDEPENDENT). May be repeated for a total
of eight credits.
Student and instructor agree on a substantial piece of work involving
reading or research. Evaluation is based on the written work, either papers or examinations.
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Times, Location, and Availability
Take me to the Spring/Summer Time Schedule
498. Honors Independent
Research. Open only to students admitted to Honors
concentration in economics. (1-4). (Excl). (INDEPENDENT). May
be repeated for a total of eight credits.
This course is for undergraduates writing senior Honors theses.
Each student's grade for the course and levels of Honors achieved
will depend entirely on the quality of the thesis, as evaluated
by the thesis advisor with whom the student has arranged to work.
Check
Times, Location, and Availability
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