This course provides an economic analysis of the behavior and circumstances of families/ households. It will examine issues such as decision-making, household formation and dissolution, allocation of time, human capital, fertility, labor-force participation, income inequality, and aging. Standard microeconomic analysis will be applied to the production and consumption activities of the household. Satisfies the Integrative Experience requirement for BS-ResEc majors when taken with ResEcon 394LI.

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An introduction to the use of laboratory experiments to better understand economic behavior. Topics include experimental design; markets and auctions; market mechanism design; bargaining; public goods, externalities and common-pool resources.

Designed for students in the social science and business related fields of study. Introduction to basic statistical methods used to collect, summarize, and analyze numerical data. Emphasis on application to decision making; examples from the social sciences and business. Topics include: common statistical notation, elementary probability theory, sampling, descriptive statistics, statistical estimation and hypothesis testing. Basic algebra and familiarity with computer and internet necessary. (Gen.Ed. R2)

Designed for students in the social science and business related fields of study. Introduction to basic statistical methods used to collect, summarize, and analyze numerical data. Emphasis on application to decision making; examples from the social sciences and business. Topics include: common statistical notation, elementary probability theory, sampling, descriptive statistics, statistical estimation and hypothesis testing. Basic algebra and familiarity with computer and internet necessary. (Gen.Ed. R2)

Designed for students in the social science and business related fields of study. Introduction to basic statistical methods used to collect, summarize, and analyze numerical data. Emphasis on application to decision making; examples from the social sciences and business. Topics include: common statistical notation, elementary probability theory, sampling, descriptive statistics, statistical estimation and hypothesis testing. Basic algebra and familiarity with computer and internet necessary. (Gen.Ed. R2)

Market structure models with application to various industries. Firm behavioral strategies under different market structures. The role of product differentiation, advertising, market power, mergers, barriers to entry, price and non-price rivalry. Market performance including prices, costs, profits, labor issues, and progressiveness. BS-ResEc majors can satisfy their Integrative Experience requirement by taking this course plus Res-Econ 394LI and 453.

An introduction to basic issues in the seller-consumer relationship and to laws designed to protect consumers from unsafe products and fraudulent business practices. Topics include: product safety, consumer fraud, unfair business practices, and analysis of economic and social impact of consumer regulation.