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Click on the links below for a list of courses in that subject area. You may then click “View Classes” to see scheduled classes for individual courses.

1000. Essentials of Economics

3.00 credits

Prerequisites: Not open for credit to students who are currently enrolled in or who have passed ECON 1107, 1179, 1200, 1201, 1202 or ARE 1150.

Grading Basis: Graded

A one-semester general introduction to micro- and macroeconomics. Economic concepts include: opportunity costs, demand and supply, incentives, comparative advantage, inflation and employment policies, balance of international payments, and economic growth. CA 2.

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1101. Economics Through Film

3.00 credits

Prerequisites: Not open for credit to students who have passed ECON 1000, 1200, 1201, 1202 or ARE 1150.

Grading Basis: Graded

Introduction to basic economic concepts and contemporary economic issues through their portrayal in motion pictures. CA 2.

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1107E. Honors Core: Economics, Nature, and the Environment

3.00 credits

Prerequisites: Open to honors students, others with instructor consent.

Grading Basis: Honors Credit

Impact of nature on societies; effects of geography and climate on economic development and income inequality. Impact of humans on their environment; environmental problems; collapse of societies; sustainable development. CA 2.

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1108. Game Theory in the Natural and Social Sciences

3.00 credits

Prerequisites: Not open to students who have passed ECON 2201 or 2202.

Grading Basis: Graded

Introduction to game theory. Applications in the natural and social sciences and technology may include electric power auctions, evolutionary biology, and elections. CA 2.

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1179. Economic Growth and the Environment

3.00 credits

Prerequisites: Not open for credit to students who are currently enrolled in or who have passed ECON 1000, 1107E, 1200, 1201, 1202 or ARE 1150.

Grading Basis: Graded

Simple economic concepts and tools and their application to the interactions between growing economies and the environment. Concepts include: supply and demand; models of economic growth; theory of externalities; valuation of natural capital and environmental services; trade theory. CA 2.

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1200. Principles of Economics (Intensive)

4.00 credits

Prerequisites: Recommended preparation: ECON 1000. Not open for credit to students who have passed ECON 1201, 1202, or ARE 1150. May not be taken concurrently with ECON 1201, 1202, or ARE 1150.

Grading Basis: Graded

Same core of principles as ECON 1201 or 1202. One-half macroeconomics and one-half microeconomics. More demanding than ECON 1201 or 1202. Substitutes for ECON 1201 or 1202 as a prerequisite for all junior/senior level courses. May or may not substitute for ECON 1201 or 1202 outside economics; check Catalog. CA 2.

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1201. Principles of Microeconomics

3.00 credits

Prerequisites: Not open for credit to students who have passed or are taking ECON 1200.May be taken before or after ECON 1202. May not be taken out of sequence after passing ECON 2198, 2201, 2211Q, or 2327. Students may not earn credit for both ARE 1150 and ECON 1201.

Grading Basis: Graded

How the invisible hand of the market functions through the economic decisions of firms and individuals. How prices, wages and profits are determined, resources are allocated and income is distributed. Topical subjects (e.g., energy policy and health care). CA 2.

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1202. Principles of Macroeconomics

3.00 credits

Prerequisites: Not open for credit to students who have passed ECON 1200. May not be taken concurrently with ECON 1200. May be taken before or after ECON 1201 (or ARE 1150). May not be taken out of sequence after passing ECON 2198, 2202, 2212Q, or 2327.

Grading Basis: Graded

The organization and function of the economic system as a total unit. Economic decisions, institutions, and policies that determine levels and rates of growth of production, employment, and prices. Topical subjects (e.g., government budget deficits and current interest-rate policy). CA 2.

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1493. Foreign Study

1.00 - 6.00 credits | May be repeated for credit.

Prerequisites: None.

Grading Basis: Graded

Special topics taken in a foreign study program.

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1495. Special Topics

1.00 - 3.00 credits | May be repeated for credit.

Prerequisites: None.

Grading Basis: Graded

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1498. Variable Topics

3.00 credits | May be repeated for credit.

Prerequisites: None.

Grading Basis: Graded

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2101. Economic History of Europe

3.00 credits

Prerequisites: ECON 1200 or both ECON 1201 (or ARE 1150) and ECON 1202; ECON 1201 (or ARE 1150) may be taken concurrently.

Grading Basis: Graded

Economic evolution of Europe from feudal times to the present, emphasizing the modern period: the rise of commerce, industry, and banking; the growth of population and the labor force; the changing position of agriculture; business fluctuations; and forms of economic organization. CA 1.

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2101W. Economic History of Europe

3.00 credits

Prerequisites: ENGL 1007 or 1010 or 1011 or 2011; ECON 1200 or both ECON 1201 (or ARE 1150) and ECON 1202; ECON 1201 (or ARE 1150) may be taken concurrently.

Grading Basis: Graded

Economic evolution of Europe from feudal times to the present, emphasizing the modern period: the rise of commerce, industry, and banking; the growth of population and the labor force; the changing position of agriculture; business fluctuations; and forms of economic organization. CA 1.

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2102. Economic History of the United States

3.00 credits

Prerequisites: ECON 1200 or both ECON 1201 (or ARE 1150) and ECON 1202; ECON 1201 (or ARE 1150) may be taken concurrently.

Grading Basis: Graded

Issues in American economic development, including the political economy of the Constitution, the economics of slavery, the rise of modern corporations and the causes of the Great Depression. CA 1.

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2102W. Economic History of the United States

3.00 credits

Prerequisites: ENGL 1007 or 1010 or 1011 or 2011; ECON 1200 or both ECON 1201 (or ARE 1150) and ECON 1202; ECON 1201 (or ARE 1150) may be taken concurrently.

Grading Basis: Graded

Issues in American economic development, including the political economy of the Constitution, the economics of slavery, the rise of modern corporations and the causes of the Great Depression. CA 1.

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2103. Deep Roots of Modern Societies

3.00 credits

Prerequisites: ECON 1200 or both ECON 1201 and 1202. Not open for credit to students who have passed ECON 3103.

Grading Basis: Honors Credit

Historical and comparative analysis of deep-rooted issues affecting modern societies. The evolution of societies and the origins of poverty, discrimination, conflict and war, income inequality, gender roles, and other challenging issues. CA 1.

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2110. History of Economic Thought

3.00 credits

Prerequisites: ECON 1200 or both ECON 1201 (or ARE 1150) and ECON 1202 or instructor consent.

Grading Basis: Graded

The evolution of economic ideas significant to their own times and to the state of current theory. Mainly nineteenth and twentieth century thinkers.

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2110W. History of Economic Thought

3.00 credits

Prerequisites: ECON 1200 or both ECON 1201 (or ARE 1150) and ECON 1202; ENGL 1007 or 1010 or 1011 or 2011.

Grading Basis: Graded

The evolution of economic ideas significant to their own times and to the state of current theory. Mainly nineteenth and twentieth century thinkers.

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2120. Honors Core: Rights and Harms

3.00 credits

Prerequisites: Any 1000-level course in Economics, which may be taken concurrently; open to students in the Honors program; others by instructor permission.

Grading Basis: Honors Credit

Basic concepts in the economics and philosophy of law as a framework for discussing controversial social issues. Topics may include intellectual property rights, eminent domain, freedom of speech, and "repugnant" transactions like the sale of human organs. CA 1.

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2126. Philosophy and Economics

3.00 credits

Prerequisites: ECON 1200 or 1201 or ARE 1150.

Grading Basis: Graded

An examination of the normative assumptions and implications of modern economics (for example, the connections between Classical Utilitarianism and Welfare Economics). Attention to methodological controversies in contemporary economic theory.

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2127. Beyond Self Interest

3.00 credits

Prerequisites: ECON 1200 or 1201 or ARE 1150.

Grading Basis: Graded

A contrast to the assumptions, values, methodology, and philosophical underpinnings of mainstream economic analysis. Altruism, role of social norms and culture, importance of work, moral assessment of economic systems, feminist and ecological economics.

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2198. Topics in Economic History and Thought

3.00 credits | May be repeated for credit.

Prerequisites: ECON 1200 or both ECON 1201 (or ARE 1150) and ECON 1202 or instructor consent.

Grading Basis: Graded

Special topics in economic history, the history of economic thought, the philosophy and methodology of economics, or alternative economic theories.

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2198W. Topics in Economic History and Thought

3.00 credits

Prerequisites: ECON 1200 or both ECON 1201 (or ARE 1150) and ECON 1202; ENGL 1007 or 1010 or 1011 or 2011.

Grading Basis: Graded

Special topics in economic history, the history of economic thought, the philosophy and methodology of economics, or alternative economic theories.

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2201. Intermediate Microeconomic Theory

3.00 credits

Prerequisites: ECON 1200 or 1201 or ARE 1150; MATH 1071Q or 1110Q or 1120Q or 1125Q or 1131Q or 1151Q or 2141Q. Recommended preparation: ECON 1202. Not open for credit to students who have passed ECON 2211 or 3441.

Grading Basis: Graded

Intermediate microeconomic theory, covering demand and supply, exchange and production, pricing, and welfare economics.

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2202. Intermediate Macroeconomic Theory

3.00 credits

Prerequisites: ECON 1200 or 1202; one of MATH 1071Q, 1110Q, 1121Q, 1131Q, 1151Q, or 2141Q. Recommended preparation: ECON 1201. Not open for credit to students who have passed ECON 2212Q.

Grading Basis: Graded

Intermediate macroeconomic theory, covering national income accounting; the determination of aggregate output, employment and price levels; elements of business cycles and economic growth.

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2211Q. Quantitative Intermediate Microeconomics

3.00 credits

Prerequisites: ECON 1200 or both ECON 1201 and 1202; MATH 1071Q or 1110Q or 1125Q or 1131Q or 1151Q or 2141Q. Not open to students who have taken ECON 2201.

Grading Basis: Graded

Intermediate microeconomic theory presented with calculus and other quantitative techniques. Demand and supply, exchange and production, pricing, and welfare economics.

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2212Q. Quantitative Intermediate Macroeconomics

3.00 credits

Prerequisites: ECON 1200 or both ECON 1201 and 1202; MATH 1071Q or 1110Q or 1125Q or 1131Q or 1151Q or 2141Q. Not open for credit to students who have taken ECON 2202.

Grading Basis: Graded

Intermediate macroeconomic theory using quantitative techniques. Definition and measurement of major economic variables; business cycles; economic growth; labor supply; savings and production decision; the effect of government policies; and general equilibrium.

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2301Q. Mathematical Economics

3.00 credits

Prerequisites: ECON 1200 or both ECON 1201 (or ARE 1150) and ECON 1202; MATH 1071Q or MATH 1131Q or equivalent.

Grading Basis: Graded

Application of mathematical techniques to economic problems. Methods studied: set theory, linear algebra, equilibrium analysis, unconstrained and constrained optimization, comparative statics, and linear programming.

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2311Q. Econometrics I

3.00 credits

Prerequisites: ECON 1200 or both ECON 1201 (or ARE 1150) and ECON 1202; MATH 1071Q or 1110Q or 1125Q or 1131Q or 1151Q or 2141Q; and STAT 1000Q or 1100Q.

Grading Basis: Graded

Recommended for all students majoring in Economics. Introduction to the application of statistical methods for the estimation, testing, and prediction of economic relationships. Emphasizes ordinary least squares regression.

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2312Q. Econometrics II

3.00 credits

Prerequisites: ECON 2311Q.

Grading Basis: Graded

Topics may include endogeneity problems and instrumental variables, panel-data models, binary-choice models including probit and logit, and time-series econometrics.

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2326. Operations Research

3.00 credits

Prerequisites: Recommended preparation: ECON 1200 or both ECON 1201 and 1202. Not open for credit to students who have passed ECON 4326.

Grading Basis: Graded

Extensive use of computer spreadsheets to find efficient solutions to problems faced by managers in both the public and private sectors. Optimization of input and output mixes, of delivery routes, and communication networks.

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2327. Information Technology for Economics

3.00 credits

Prerequisites: ECON 1200 or both ECON 1201 (or ARE 1150) and 1202; STAT 1000Q or 1100Q.

Grading Basis: Graded

The presentation of economic data and testing of economic theory through the use of appropriate computer based tools. Analysis of macroeconomics concepts such as the consumption function, influence of the money supply, budget deficits, and interest rates on macroeconomic equilibrium, and the tradeoff between unemployment and inflation. Analysis of microeconomic concepts such as demand, supply, elasticity, the achievement of equilibrium price and quantity, and analysis of several industries and the stock market. Analysis of historical data such as aggregate and specific price levels, sectoral shifts in the economy, and changes in income distribution.

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2327W. Information Technology for Economics

3.00 credits

Prerequisites: ECON 1200 or both ECON 1201 (or ARE 1150) and 1202; STAT 1000Q or 1100Q; ENGL 1007 or 1010 or 1011 or 2011.

Grading Basis: Graded

The presentation of economic data and testing of economic theory through the use of appropriate computer based tools. Analysis of macroeconomics concepts such as the consumption function, influence of the money supply, budget deficits, and interest rates on macroeconomic equilibrium, and the tradeoff between unemployment and inflation. Analysis of microeconomic concepts such as demand, supply, elasticity, the achievement of equilibrium price and quantity, and analysis of several industries and the stock market. Analysis of historical data such as aggregate and specific price levels, sectoral shifts in the economy, and changes in income distribution.

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2328. Applied Regional Analysis: The Connecticut Economy

3.00 credits

Prerequisites: ECON 1200 or both ECON 1201 (or ARE 1150) and 1202; STAT 1000Q or 1100Q. Recommended preparation: MATH 1070.

Grading Basis: Graded

Methods of regional economic analysis applied to Connecticut. Descriptive statistics, input-output models, economic indexes, linear regression, forecasting and related tools are used to explore labor markets, housing, public policy and other topics.

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2328W. Applied Regional Analysis: The Connecticut Economy

3.00 credits

Prerequisites: ECON 1200 or both ECON 1201 (or ARE 1150) and 1202; STAT 1000 or 1100; ENGL 1007 or 1010 or 1011 or 2011. Recommended preparation: MATH 1070.

Grading Basis: Graded

Methods of regional economic analysis applied to Connecticut. Descriptive statistics, input-output models, economic indexes, linear regression, forecasting and related tools are used to explore labor markets, housing, public policy and other topics.

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2411. Money and Banking

3.00 credits

Prerequisites: ECON 1200 or both ECON 1201 (or ARE 1150) and ECON 1202; ECON 1201 (or ARE 1150) may be taken concurrently.

Grading Basis: Graded

The nature of money, the origins of monetary standards and systems, the development and operation of commercial banking, the Federal Reserve System, and international monetary agencies.

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2413. Economics of Financial Markets and Institutions

3.00 credits

Prerequisites: ECON 1200 or both ECON 1201 (or ARE 1150) and 1202.

Grading Basis: Graded

Interactions between the financial system and the real economy. The form and function of various financial markets and financial institutions Theories of interest rates. Theories of asymmetric information and transaction cost. The evolving role of the financial system in understanding key macroeconomic phenomena.

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2431. Economics of Taxation and Government Spending

3.00 credits

Prerequisites: ECON 1200 or 1201 or ARE 1150. Recommended preparation for students who have passed ECON 1201 (or ARE 1150) is ECON 1202.

Grading Basis: Graded

Critical issues in taxation and government expenditures. Emphasis on institutions and public policy. Topics include: rationale for and effects of progressive taxation, reform of the tax system, Social Security and Medicare, welfare reform, defense, and fiscal federalism.

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2439. Urban Development and Policy

3.00 credits

Prerequisites: ECON 1200 or 1201 or ARE 1150.

Grading Basis: Graded

Education, housing, anti-poverty, economic development, and transportation policies for American cities and metropolitan areas. Emphasis on different roles of policies that act upon people versus places. Analysis tools for regional economic development such as input-output matrices and cost-benefit analysis.

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2440. Economics of the Global Economy

3.00 credits

Prerequisites: ECON 1200 or both ECON 1201 (or ARE 1150) and 1202.

Grading Basis: Graded

Analysis of economic integration in the global economy with emphasis on the position of the USA. Several specialist areas of economic thought brought to bear-economic history, economics of the multinational enterprise, international trade, international finance, labor economics, environmental economics, and economics of the internet. Institutional historical, and political economy approaches are emphasized.

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2441. Labor Economics

3.00 credits

Prerequisites: ECON 1200 or 1201 or ARE 1150. Recommended preparation: ECON 2201.

Grading Basis: Graded

Economics of labor: human capital theory, discrimination, unemployment, manpower policy, and trade unions.

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2441W. Labor Economics

3.00 credits

Prerequisites: ECON 1200 or 1201 or ARE 1150; ENGL 1007 or 1010 or 1011 or 2011. Recommended preparation: ECON 2201.

Grading Basis: Graded

Economics of labor: human capital theory, discrimination, unemployment, manpower policy, and trade unions.

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2444. Women and Minorities in the Labor Market

3.00 credits

Prerequisites: ECON 1200 or both ECON 1201 (or ARE 1150) and 1202.

Grading Basis: Graded

Issues and problems confronting women and minorities in the workplace, using economic theory, institutional analysis, and empirical investigation. Historical background, allocation of time, discrimination, earnings determination, occupational structure, labor unions, and public policy.

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2445. Economic Foundations of Gender Inequality

3.00 credits

Prerequisites: Not open to students who have passed or are taking HRTS or WGSS 3445

Grading Basis: Graded

Economic approaches to gender inequality in political representation, economic opportunities, access to education, and health.

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2446. Labor Legislation

3.00 credits

Prerequisites: ECON 1200 or 1201 or ARE 1150.

Grading Basis: Graded

Legal status of labor, unorganized and organized, in legislation and court decisions. Emphasis on the labor contract, bargaining procedures, and union and employer tactics. Also, legislation dealing with wages, hours, child labor, old-age benefits, and accident and unemployment compensation.

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2447. Economics of Sports

3.00 credits

Prerequisites: ECON 1200 or 1201 or ARE 1150.

Grading Basis: Graded

Microeconomic principles applied to the business of sports. Player salaries; antitrust issues and collective bargaining; discrimination; economics of franchising; ticket pricing, revenue sharing, and competitive balance; impact of franchises on local economies.

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2447W. Economics of Sports

3.00 credits

Prerequisites: ECON 1200 or 1201 or ARE 1150; ENGL 1007 or 1010 or 1011 or 2011.

Grading Basis: Graded

Microeconomic principles applied to the business of sports. Player salaries; anti-trust issues and collective bargaining; discrimination; economics of franchising; ticket pricing, revenue sharing, and competitive balance; impact of franchises on local economies.

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2451. Economic Behavior and Health Policy

3.00 credits

Prerequisites: ECON 1200 or both ECON 1201 (or ARE 1150) and 1202. Not open for credit to students who have passed ECON 3451.

Grading Basis: Graded

Basic principles of health economics, including the demand for health, health behaviors, public-health economics, and behavioral health economics, applied to five topics: smoking, obesity, opioid and other drug addictions, depression, and infectious diseases.

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2451W. Economic Behavior and Health Policy

3.00 credits

Prerequisites: ENGL 1007 or 1010 or 1011 or 2011; ECON 1200 or both ECON 1201 (or ARE 1150) and ECON 1202. Not open for credit to students who have passed ECON 3451.

Grading Basis: Graded

Basic principles of health economics, including the demand for health, health behaviors, public-health economics, and behavioral health economics, applied to five topics: smoking, obesity, opioid and other drug addictions, depression, and infectious diseases.

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2456. Economics of Poverty

3.00 credits

Prerequisites: ECON 1200 or both ECON 1201 (or ARE 1150) and 1202.

Grading Basis: Graded

Analysis of poverty and income maintenance programs: theories of income distribution and comparison of public policies in the U.S. and other countries.

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2462. Government and Industry

3.00 credits

Prerequisites: ECON 1200 or 1201 or ARE 1150.

Grading Basis: Graded

Relations between government and business. Public policies enforcing, supplementing, or replacing competition in particular markets, studies of selected industries and legal cases.

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2467E. Economics of the Oceans

Also offered as: MAST 2467E

3.00 credits

Prerequisites: ECON 1200 or 1201 or ARE 1150.

Grading Basis: Graded

Economies of industries that use and manage ocean resources. Applications of industrial organization, law and economics, natural resource theory, and environmental economics.

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2474. Economic Development in Latin America and the Caribbean

Also offered as: LLAS 2474

3.00 credits

Prerequisites: ECON 1200 or both ECON 1201 and 1202.

Grading Basis: Graded

Survey of the economic history of Latin America and the Caribbean. Analysis of present-day development issues in the region, including economic growth, poverty, education, and health.

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2477. Transitional Economies of Russia and Eastern Europe

3.00 credits

Prerequisites: ECON 1200 or both ECON 1201 (or ARE 1150) and 1202.

Grading Basis: Graded

Economic transition of these formerly socialist economies into capitalist, market economies. Comparison of centrally planned and market economies. Problems of macroeconomic imbalance, economic distortions, shortages and repressed inflation. Means and timing of price liberalization, privatization, restructuring, currency convertibility, and building legal and financial institutions.

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2481. Internship Field Study

1.00 - 6.00 credits | May be repeated for a total of 15 credits.

Prerequisites: Nine credits of 2000 level or above ECON (6 of which may be taken concurrently). Must be 6th semester and have a min CGPA of 2.25 or a min of 2.5 in 2000-level or above ECON. Must secure satisfactory intern position before end of 2nd week of semester.

Grading Basis: Satisfactory/Unsatisfactory

Supervised fieldwork relevant to some area of economics, with a business firm, government agency or non-profit organization. Evaluation by the field supervisor and by the instructor (based on a detailed written report submitted by the student). Students taking this course will be assigned a final grade of S (satisfactory) or U (unsatisfactory.) Does not count toward the economics major. Students must secure a satisfactory intern position before the end of the second week of the semester of enrollment in this course; they should begin consultation with the instructor several months in advance.

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2491. Internship Research Paper

1.00 credits

Prerequisites: Nine credits of 2000 level or above ECON (six of which may be taken concurrently). Students must be 6th semester and have a min CGPA of 2.25 or a min of 2.5 in 2000 level or above economics courses.

Grading Basis: Graded

Research paper of 3,000-4,000 words on approved topic related to the internship field study.

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2491W. Internship Research Paper

1.00 credits

Prerequisites: Nine credits of 2000 level or above ECON (six may be concurrent). At least 6th semester with a min CGPA of 2.25 or a min of 2.5 in 2000 level or above ECON courses; ENGL 1007 or 1010 or 1011 or 2011.

Grading Basis: Graded

Research paper of 3,000-4,000 words on approved topic related to the internship field study.

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2493. Foreign Study

1.00 - 6.00 credits | May be repeated for credit.

Prerequisites: None.

Grading Basis: Graded

Special topics taken in a foreign study program. Consent of Department Head required, prior to the student's departure. May count toward the major with consent of the advisor.

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2495. Special Topics

1.00 - 6.00 credits | May be repeated for credit.

Prerequisites: Prerequisites and recommended preparation vary.

Grading Basis: Graded

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2498. Variable Topics

3.00 credits | May be repeated for credit.

Prerequisites: Prerequisites and recommended preparation vary.

Grading Basis: Graded

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2499. Independent Study

1.00 - 6.00 credits | May be repeated for credit.

Prerequisites: None.

Grading Basis: Graded

Tutorial course to enable qualified students to round out their training in economics. Independent reading conferences and short research papers. No more than six credits of ECON 2499/3499 may be counted toward major requirements.

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2500W. Writing in Economics

1.00 credits

Prerequisites: ECON 1200 or both ECON 1201 (or ARE 1150) and ECON 1202; ENGL 1007 or 1010 or 1011 or 2011.

Grading Basis: Graded

Techniques for, and practice in, research, writing, citation, and data presentation in economics.

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3103. Global Economic History: Deep Roots of Modern Societies

3.00 credits

Prerequisites: ECON 2201, ECON 2202, ECON 2211Q, or ECON 2212Q. Not open for credit to students who are currently enrolled in or who have passed ECON 2103.

Grading Basis: Graded

Historical and comparative analysis of deep-rooted issues affecting modern societies. The evolution of societies and the origins of poverty, discrimination, conflict and war, income inequality, gender roles, and other challenging issues.

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3128. Economic and Social Human Rights

3.00 credits

Prerequisites: ECON 2201, 2202, 2211Q, or 2212Q.

Grading Basis: Graded

Conceptual bases, types, measurement, and policy applications of economic and social human rights.

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3198. Variable Topics in Economic History

3.00 credits | May be repeated for credit.

Prerequisites: ECON 2201, 2202, 2211Q, or 2212Q.

Grading Basis: Graded

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3208. Game Theory

3.00 credits

Prerequisites: ECON 2201 or 2211; open to juniors or higher. Not open for credit to students who have taken ECON 3210.

Grading Basis: Graded

Analysis of economic situations as games. Nash equilibrium, backward induction, auctions, commitment, credibility, and asymmetric information.

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3209. Behavioral Economics

3.00 credits

Prerequisites: ECON 2201 or 2211Q; STAT 1000Q or 1100Q.

Grading Basis: Graded

Overview of the field of behavioral economics, the intersection between economics and psychology. Behavioral models of individual decision-making, with particular focus on intertemporal choice, decisions under uncertainty, and probabilistic judgments and learning. Applications to fields such as development economics and health economics.

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3210. Game Theory for Blockchains

3.00 credits

Prerequisites: ECON 2201 or 2211Q. Not open for credit to students who have passed ECON 3208.

Grading Basis: Graded

Analysis and modeling of strategic interaction, with a focus on the strategic challenges of blockchains. Topics include identification of strategic issues in using blockchains, choice of correct tools of analysis, formal modeling of interaction, and design of governance algorithms.

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3313. Elementary Economic Forecasting

3.00 credits

Prerequisites: ECON 2202 or 2212Q; ECON 2311Q; ECON 2312Q; STAT 1000Q or 1100Q; open to juniors or higher.

Grading Basis: Graded

Economic forecasting for macroeconomics and financial economics. Econometric analysis of time-series data.

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3315. Financial Econometrics

3.00 credits

Prerequisites: ECON 2201 or 2211Q; ECON 2202 or 2212Q; ECON 2311Q; ECON 2312Q; STAT 1000Q or 1100Q.

Grading Basis: Graded

Introduction to the mathematics of finance. Theoretical reasoning (proofs), modeling, useful simplifying approximations, and computing. Students will write basic programs in R.

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3317. Machine Learning for Economists

3.00 credits

Prerequisites: ECON 2311Q, 2312Q, and 3321. Not open for credit to students who have passed ECON 5317.

Grading Basis: Graded

Machine learning techniques and causal inference. Applications to economic data.

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3318. Panel Data Econometrics

3.00 credits

Prerequisites: ECON 2311Q, 2312Q and 3321. Not open for credit to students who have passed ECON 5318.

Grading Basis: Graded

Standard panel data models with an emphasis on determining when causal relationships can be inferred from panel data.

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3321. Programming and Computation with R for Economists

3.00 credits

Prerequisites: ECON 2201 or 2211Q; ECON 2202 or 2212Q. Not open for credit to students who have passed ECON 5321.

Grading Basis: Graded

Basics of R programming. Objects, data structures, logical design, functions. Applications to matrix algebra, optimization, data visualization, and econometric analysis.

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3322. Open Source Programming with Python for Economists

3.00 credits

Prerequisites: ECON 2201 or 2211Q; ECON 2202 or ECON 2212Q. Not open for credit to students who have passed ECON 5322.

Grading Basis: Graded

Introduction to Python. Code structure; control flow; data input/output in various formats; testing and debugging.

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3413. Financial Economics

3.00 credits

Prerequisites: ECON 2201 or 2211Q; ECON 2202 or 2212Q; STAT 1000Q or 1100Q.

Grading Basis: Graded

Basic principles used in investment decisions and their applications to pricing financial assets and to portfolio management. Asset pricing models including the Capital Asset Pricing Model and Arbitrage Pricing Theory. Fixed-income securities. Options and futures.

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3416. Special Problems in Money and Banking

3.00 credits

Prerequisites: ECON 2202 or 2212; ECON 2411.

Grading Basis: Graded

Emphasis on public policy: commercial bank regulations; the relation of liquidity to economic fluctuations; government lending agencies; and central bank policies and credit control.

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3421. International Trade

3.00 credits

Prerequisites: ECON 2201 or 2211Q. Recommended preparation: ECON 1200 or 1202; MATH 1071 or 1110 or 1121 or 1131 or 1151.

Grading Basis: Graded

Economic basis of international trade, trade policies, and international economic organizations.

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3421W. International Trade

3.00 credits

Prerequisites: ECON 2201 or 2211Q; ENGL 1007 or 1010 or 1011 or 2011. Recommended preparation ECON 1200 or 1202; MATH 1071, 1110, 1121, 1131 or 1151.

Grading Basis: Graded

Economic basis of international trade, trade policies, and international economic organizations.

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3422. International Finance

3.00 credits

Prerequisites: ECON 2202 or 2212Q. Recommended preparation: ECON 1200 or 1201.

Grading Basis: Graded

Payments and financing of international trade: foreign exchange markets, the balance of payments, capital flows, and international monetary arrangements.

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3431. Public Economics

3.00 credits

Prerequisites: ECON 2201 or 2211Q. Recommended preparation: ECON 1200 or 1202.

Grading Basis: Graded

The role of the government in the economy. Topics may include: government policies relating to environmental protection, healthcare, social security, and education; public choice theory; fiscal policy, finance, and taxation.

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3431W. Public Economics

3.00 credits

Prerequisites: ECON 2201 or 2211Q; ENGL 1007 or 1010 or 1011 or 2011. Recommended preparation: ECON 1200 or 1202.

Grading Basis: Graded

The role of the government in the economy. Topics may include: government policies relating to environmental protection, healthcare, social security, and education; public choice theory; fiscal policy, finance, and taxation.

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3438. Contemporary Problems in Economics

3.00 credits

Prerequisites: ECON 2201, 2202, 2211Q, or 2212Q.

Grading Basis: Graded

Current issues of government economic policy, primarily microeconomic: energy, income maintenance, labor markets for minorities and women, government regulation, health care, and others.

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3438W. Contemporary Problems in Economics

3.00 credits

Prerequisites: ECON 2201 or 2211Q; ECON 2202 or 2212Q; ENGL 1007 or 1010 or 1011 or 2011.

Grading Basis: Graded

Current issues of government economic policy, primarily microeconomic: energy, income maintenance, labor markets for minorities and women, government regulation, health care, and others.

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3439. Urban and Regional Economics

Also offered as: URBN 3439

3.00 credits

Prerequisites: ECON 2201 or 2211Q. Recommended preparation: ECON 1200 or 1202; MATH 1071 or 1110 or 1121 or 1131 or 1151.

Grading Basis: Graded

Economic problems of cities and regions: urban markets for land, labor, and housing; location decisions of businesses and households; metropolitan transportation problems; urban/suburban fiscal relations; urban and regional environmental quality; and the economics of crime.

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3439W. Urban and Regional Economics

3.00 credits

Prerequisites: ECON 2201 or 2211Q; ENGL 1007 or 1010 or 1011 or 2011. Recommended preparation ECON 1200 or 1202; MATH 1071, 1110, 1121, 1131 or 1151.

Grading Basis: Graded

Economic problems of cities and regions: urban markets for land, labor, and housing; location decisions of businesses and households; metropolitan transportation problems; urban/suburban fiscal relations; urban and regional environmental quality; and the economics of crime.

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3441. Theory of Labor Markets

3.00 credits

Prerequisites: ECON 2201 or 2211Q.

Grading Basis: Graded

Theoretical analysis of labor markets: labor supply and demand; wage differentials; human capital; and the inflation-unemployment tradeoff.

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3451. Health Economics

3.00 credits

Prerequisites: ECON 2201 or 2211Q. Not open for credit to students who have passed ECON 2498 when taught as Health/Labor Economics

Grading Basis: Graded

Economic analysis of the health sector: organization and performance of health care delivery systems; economic behavior of patients and providers; markets for health services; health-care finance and insurance; health-care policy; and cost-benefit analysis of health-care programs.

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3453. Economics of Global Health

3.00 credits

Prerequisites: ECON 2201 or 2211Q.

Grading Basis: Graded

Examination of health issues in developing countries from the standpoint of applied microeconomic research. Emphasis on the analysis of real-world data.

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3461. Organization of Industry

3.00 credits

Prerequisites: ECON 2201 or 2211Q.

Grading Basis: Graded

The nature of competition and economic organization. Competitive effects of business practices, and their influence on price, production, and technological change.

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3466E. Environmental Economics

3.00 credits

Prerequisites: ECON 2201 or 2211Q.

Grading Basis: Graded

Application of economic reasoning to environmental issues. Topics include air and water pollution and the management of natural resources; market failure and environmental regulation; market-based mechanisms; cost-benefit analysis, environmental valuation, and program evaluation; environmental justice from an economic perspective.

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3468. Economics of the Law

3.00 credits

Prerequisites: ECON 2201 or 2211Q.

Grading Basis: Graded

The law as an economic institution. Primary focus on the Common Law, property, tort, and contract. Applications to pollution control, land-use, hazardous wastes, product liability, and worker safety. Ethical as well as economic approaches to the law.

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3473. Economic Development

3.00 credits

Prerequisites: ECON 1200 or 1202; ECON 2201 or 2211Q. Recommended preparation: MATH 1071, 1110, 1121, 1131 or 1151.

Grading Basis: Graded

Economics of problems facing developing nations: theories of development, and stategies and policies to promote economic development.

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3473W. Economic Development

3.00 credits

Prerequisites: ECON 1200 or 1202; ECON 2201 or 2211Q; ENGL 1007 or 1010 or 1011 or 2011. Recommended preparation: MATH 1071, 1110, 1121, 1131, or 1151.

Grading Basis: Graded

Economics of problems facing developing nations: theories of development, and strategies and policies to promote economic development.

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3479. Economic Growth

3.00 credits

Prerequisites: ECON 2202 or 2212Q.

Grading Basis: Graded

Causes and consequences of economic growth examined through theory, data, and economic history. Interactions between economic growth and population growth, technology, education, health and life expectancy, and social institutions. Public policies to promote growth.

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3479W. Economic Growth

3.00 credits

Prerequisites: ECON 2202 or 2212Q; ENGL 1007 or 1010 or 1011 or 2011.

Grading Basis: Graded

Causes and consequences of economic growth examined through theory, data, and economic history. Interactions between economic growth and population growth, technology, education, health and life expectancy, and social institutions. Public policies to promote growth.

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3492. Practicum

1.00 - 6.00 credits | May be repeated for credit.

Prerequisites: ECON 2201 or ECON 2211Q; ECON 2202 or ECON 2212Q; instructor consent required.

Grading Basis: Graded

A maximum of six credits may be counted toward the major.

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3493. Foreign Study

1.00 - 6.00 credits | May be repeated for credit.

Prerequisites: ECON 2201, 2202, 2211Q, or 2212Q.

Grading Basis: Graded

Special topics taken in a foreign study program. Consent of Department Head required, prior to the student's departure. May count toward the major with consent of the advisor.

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3495. Special Topics

1.00 - 6.00 credits | May be repeated for credit.

Prerequisites: ECON 2201, 2202, 2211Q, or 2212Q.

Grading Basis: Graded

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3498. Variable Topics

3.00 credits | May be repeated for credit.

Prerequisites: ECON 2201, 2202, 2211Q, or 2212Q.

Grading Basis: Graded

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3499. Independent Study

1.00 - 6.00 credits | May be repeated for credit.

Prerequisites: ECON 2201, 2202, 2211Q, or 2212Q.

Grading Basis: Graded

Tutorial course to enable qualified students to round out their training in economics. Independent reading conferences and short research papers. No more than six credits in ECON 2499/3499 may be counted toward major requirements.

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4206. Mechanism Design

3.00 credits

Prerequisites: ECON 2201 or 2211Q.

Grading Basis: Graded

Designing incentives to encourage an intended result. Applications may include public goods provision; two-sided matching, as in labor and marriage markets; and peer evaluation of performance.

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4323. Convex Optimization with Python

3.00 credits

Prerequisites: ECON 2201 or ECON 2211Q; MATH 1131Q or MATH 1151Q or MATH 2141Q.

Grading Basis: Graded

Methods of convex optimization, including linear, quadratic, and general constrained and unconstrained problems. Applications, using Python, in economics and finance.

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4326. Operations Research for Benchmarking

3.00 credits

Prerequisites: ECON 2301, and ECON 2201 or 2211Q. Recommended preparation: ECON 2326.

Grading Basis: Graded

Resource allocation decisions in complex organizations formulated as standard mathematical optimization problems that can be solved using Excel. Focus on the interface between Neoclassical Production Economics and Operations Research for performance evaluation by benchmarking.

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4494W. Seminar in Economics

3.00 credits

Prerequisites: ECON 2201 or 2211Q; ECON 2202 or 2212Q; ENGL 1007 or 1010 or 1011 or 2011.

Grading Basis: Graded

Special topics in micro - and macroeconomic theory, applications, and testing. Recommended for capable students who are motivated to develop and extend their knowledge of economics in creative ways. Required for Honors Scholars in Economics and Economics Scholars.

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4497W. Senior Thesis in Economics

3.00 credits

Prerequisites: ECON 4494W or consent of the Department Honors Advisor; ENGL 1007 or 1010 or 1011 or 2011.

Grading Basis: Honors Credit

The student should define a general subject area for the thesis before choosing a thesis advisor and seeking consent at the time of registration. The student should then submit a written proposal for the senior thesis to the advisor by the end of the semester preceding enrollment for thesis credit.

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