Choice-theoretic model of labor-leisure choice. Returns to education and occupational choice. Demand for labor. Minimum wages. Changing income distribution. Effect of household structure and tax system on income structure. Labor market discrimination. Compensating wage differentials. Unions.

A topical study of key industrial and technological developments in U.S. economic history. Focuses on the periods of transition leading to the ascendance of U.S. manufacturing power and the subsequent decline in U.S. manufacturing leadership in the growing globalized economy. Prerequisites: Econ 103 or RESECON 102 or ECON 104.

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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.

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)

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)

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