INTERMEDIATE MACROECONOMICS

Builds a cohesive theoretical framework within which to analyze the workings of the macroeconomy. Current issues relating to key macroeconomic variables such as output, inflation and unemployment are examined within this framework. The role of government policy, both in the short run and the long run, is also assessed. Prerequisite ECO153, MTH 111 or its equivalent.

INTERMEDIATE MICROECONOMICS

Focuses on the economic analysis of resource allocation in a market economy and on the economic impact of various government interventions, such as minimum wage laws, national health insurance, and environmental regulations. Covers the theories of consumer choice and decision making by the firm. Examines the welfare implications of a market economy, and of federal and state policies which influence market choices. Prerequisite: ECO 150, MTH 111 or its equivalent.

INTERMEDIATE MICROECONOMICS

Focuses on the economic analysis of resource allocation in a market economy and on the economic impact of various government interventions, such as minimum wage laws, national health insurance, and environmental regulations. Covers the theories of consumer choice and decision making by the firm. Examines the welfare implications of a market economy, and of federal and state policies which influence market choices. Prerequisite: ECO 150, MTH 111 or its equivalent.

INTERMEDIATE MICROECONOMICS

Focuses on the economic analysis of resource allocation in a market economy and on the economic impact of various government interventions, such as minimum wage laws, national health insurance, and environmental regulations. Covers the theories of consumer choice and decision making by the firm. Examines the welfare implications of a market economy, and of federal and state policies which influence market choices. Prerequisite: ECO 150, MTH 111 or its equivalent.

HISTORY OF ECONOMIC THOUGHT

A study of the major economists and economic theories from the time of Adam Smith to the present; the historical context and intellectual climate of their times; the uses made of their work in understanding society and shaping public policy; an appraisal of the intellectual heritage and global influence of economic methodology today. Economists include Smith, Ricardo, Marx, Keynes, Friedman and contemporaries such as Akerlof and Stiglitz. Prerequisite: either 150 or 153.

THE SPORTS ECONOMY

The evolution and operation of the sports industry in the United States and internationally. The course will explore the special legal and economic circumstances of sports leagues, owner incentives, labor markets, governance, public subsidies, and other issues. Prerequisite: ECO 150; ECO 220 is recommended.

ENVIRONMENTAL ECONOMICS

The economic causes of environmental degradation and the role that markets can play in both causing and solving pollution and resource allocation problems. Topics include resource allocation and sustainability, cost-benefit analysis, pollution standards, taxes, and permits, public goods, and common property resources. Prerequisite: ECO 150.

INTRO STATS & ECONOMETRICS

(Formerly 190). Summarizing, interpreting, and analyzing empirical data. Attention to descriptive statistics and statistical inference. Topics include elementary sampling, probability, sampling distributions, estimation, hypothesis testing and regression. Assignments include use of statistical software and micro computers to analyze labor market and other economic data. Prerequisite: 150 or 153. Students will not be given credit for both ECO 220 and any of the following courses: MTH 190/PSY 190, GOV 190, MTH 241, MTH 245, or SOC 201.

INTRO STATS & ECONOMETRICS

(Formerly 190). Summarizing, interpreting, and analyzing empirical data. Attention to descriptive statistics and statistical inference. Topics include elementary sampling, probability, sampling distributions, estimation, hypothesis testing and regression. Assignments include use of statistical software and micro computers to analyze labor market and other economic data. Prerequisite: 150 or 153. Students will not be given credit for both ECO 220 and any of the following courses: MTH 190/PSY 190, GOV 190, MTH 241, MTH 245, or SOC 201.

INTRO STATS & ECONOMETRICS

(Formerly 190). Summarizing, interpreting, and analyzing empirical data. Attention to descriptive statistics and statistical inference. Topics include elementary sampling, probability, sampling distributions, estimation, hypothesis testing and regression. Assignments include use of statistical software and micro computers to analyze labor market and other economic data. Prerequisite: 150 or 153. Students will not be given credit for both ECO 220 and any of the following courses: MTH 190/PSY 190, GOV 190, MTH 241, MTH 245, or SOC 201.
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