Introduction to the economics of markets and market economies. Basic concepts of demand, supply, production, prices, allocation of resources, and distribution of income. Public policy applications. (Gen.Ed. SB)
Application of the theories of political economy to environmental problems and issues. Topics include regulatory and market approaches to pollution and natural resource depletion; cost-benefit analysis and its economic and political foundations; and case studies of specific environmental problems such as acid rain, deforestation, and global warming.
Intensive writing course dealing with various topics in economics. Fulfills the Junior Year Writing requirement for students whose primary major is Economics at UMass Amherst.
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)
Introduction to Marxian theory and modern political economy. Logic and methods of Marxian analysis of economic change; comparisons between Marxian and non-Marxian theories.