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)
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)
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)
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)
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)
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.
The history of the international monetary and commercial system from the gold exchange standard in the 1920's to the present period of floating exchange rates. Systems of fixed and floating exchange rates from theoretical and applied points of view. The roles of international credits, Euro-currency, central bank policies. Prerequisite: ECON 204. (ECON 311 recommended.)
Introduction to economic analysis for majors and nonmajors. Facts and concepts basic to understanding the U.S. economy today. Topics may include: unemployment, economic development, inequality, technology, social wealth, environment, government economic policy, economic alternatives, race and gender, and discrimination. Contrasting theoretical perspectives. (Gen.Ed. SB, DU)
Theory and applications of game theory, a major tool of analysis in economics, biology, and political science. Applications include: bargaining, auctions, the "prisoner's dilemma," the "tragedy of the commons," tacit collusion, competition among firms, and strategic interactions in labor, credit, and product markets. Prerequisites: ECON 103 or RES-ECON 102 and MATH 127 or 131 or 135.