The nature and functions of money and the significance of monetary circulation, commercial banks, the Central Bank, the non-bank financial institutional structure; integration of monetary theory into a general theory of economic activity, employment, prices. Prerequisites: ECON 103 or RES-ECON 102, ECON 104 and ECON 204.

The nature and functions of money and the significance of monetary circulation, commercial banks, the Central Bank, the non-bank financial institutional structure; integration of monetary theory into a general theory of economic activity, employment, prices. Prerequisites: ECON 103 or RES-ECON 102, ECON 104 and ECON 204.

The nature and functions of money and the significance of monetary circulation, commercial banks, the Central Bank, the non-bank financial institutional structure; integration of monetary theory into a general theory of economic activity, employment, prices. Prerequisites: ECON 103 or RES-ECON 102, ECON 104 and ECON 204.

The nature and functions of money and the significance of monetary circulation, commercial banks, the Central Bank, the non-bank financial institutional structure; integration of monetary theory into a general theory of economic activity, employment, prices. Prerequisites: ECON 103 or RES-ECON 102, ECON 104 and ECON 204.

The nature and functions of money and the significance of monetary circulation, commercial banks, the Central Bank, the non-bank financial institutional structure; integration of monetary theory into a general theory of economic activity, employment, prices. Prerequisites: ECON 103 or RES-ECON 102, ECON 104 and ECON 204.

Neoclassical microeconomic theory. Consumer behavior, theory of the firm, markets, income distribution, general equilibrium, welfare economics.

Analysis of theories of determination of national income, aggregate employment, and the price level. Monetary and fiscal policy. Inflation, unemployment, and economic growth.

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Economic theory of the macro-economy. Determinants of unemployment rates, inflation rates, national income, GDP. Tools of public policy available which can be used to promote macroeconomic goals. (Gen.Ed. SB)

Theoretical and empirical analysis of labor market issues primarily using tools developed in microeconomics and econometrics. First semester: a general survey of neoclassical, institutionalist, and Marxian theories and empirical work on wage determination. Second semester: an intensive analysis of selected topics.