Economics (Econ)
25. Introduction to Economics (3)
Recommended for first semester freshmen. Elementary survey of the development
of economic ideas and theories in the context of economic history. Topics
may vary as circumstances warrant. Does not count toward the major in economics.
40. Principles of Microeconomics (3)
Not open to first-semester freshmen. Introduction to microeconomic theories
of consumption, production, and income distribution; price determination
and resource allocation under alternative forms of market organization;
government regulation of economic activity; applied economic analysis and
policy formation in selected topic areas. (CAN ECON 4) (Former Econ 1B)
50. Principles of Macroeconomics (3)
Prerequisite: Economics 40. Introduction to macroeconomic theories of the
determination of income, output, employment, and prices in the economy as
a whole; the monetary system; governmental counter-cyclical fiscal, monetary,
and income policies; economic growth; international economics; economic
development; and comparative economic systems. (CAN ECON 2) (Former Econ
1A)
100A. Economic Theory: Microeconomic Analysis (3)
Prerequisites: Econ 40, 50. Price mechanism and resource allocation under
conditions of pure competition, monopolistic competition, oligopoly; theories
of consumer's choice, cost, production, income distribution; nature of economic
generalizations.
100B. Economic Theory: Macroeconomic Analysis (3)
Prerequisites: Econ 40, 50. An examination of classical, Keynesian and post-
Keynesian theories of the determination of the levels of income, output,
and employment; the scientific and ideological implications of Keynesian
thought; and the theoretical foundations of contemporary monetary and fiscal
policies.
101. History of Economic Thought (3)
Prerequisites: Econ 40, 50. Evolution of economics as a science; doctrines
of different schools of thought -- Mercantilists, Physiocrats, Historical
School, Classical Economists; contributions of outstanding economists.
102W. Explorations in Economic Literature (3)
Prerequisites: Econ 40, 50; satisfactory completion (C or better) of the
Engl 1 graduation requirement; upper-division standing. An investigation
into important economic ideas and issues through selected readings of either
contemporary literature or classics in the history of economic thought or
both. The class is conducted as a seminar with emphasis on student contributions.
This course meets the upper-division writing skills requirement for graduation.
103. Economics of Inflation, Unemployment, and Growth (3)
Prerequisite: Econ 50. A theoretical and empirical analysis of the various
types of inflation and unemployment in the United States economy.
104T. Contemporary Economic Problems (3)
Prerequisite: upper-division standing or permission of instructor. Analysis
of current economic issues which are of public interest and importance at
the time the course is given.
105. Marxian Economic Theory (3)
Prerequisites: Econ 40, 50. Marxian economic theory and its relevance for
modern economic theory and analysis; Marx's value, production, and distribution
theory; modern developments of Marxian models.
107. Institutional Economics (3)
Prerequisites: Econ 40, 50. Study of the literature of American institutionalism,
e.g., Veblen, Commons. Systematic study of the process of institutional
adjustments; interplay of ceremonial and technological aspects of economic
activity; application of institutionalist theory to specific fields in economics.
108. Radical Traditions in Economics (3)
Prerequisites: Econ 40, 50. Economic philosophies of the Utopian, Anarchist,
Anti-Materialist, Marxist, and Fabian Socialist schools. Intensive examination
of contemporary radical economic ideas and the radical critique of modern
neoclassical economics.
109. Principles of Political Economy (3)
Prerequisites: Econ 40-50 or permission of instructor. A critique of political
economy; political nature of applications of economic theory.
110. Economic History of the United States (3)
Prerequisites: Econ 40-50. Exploration and colonization to the present;
economic factors in develop ment of the United States; relationships of
economic forces to historical, political, and social change.
111. Economic Development of Europe (3)
Prerequisites: Econ 40-50, or permission of instructor. European expansion
from the Middle Ages to present. Emphasis is placed on the causes of the
Industrial Revolution and its spread throughout Europe; present economic
conditions and trends in Europe; the interest of the United States in the
European economy.
114. Economics of Underdeveloped Areas (3)
Prerequisites: Econ 40-50. Survey and analysis of developmental problems
of emergent economies.
115T. Topics in U.S. Economic History (1-3; max total 6)
Detailed investigation of developments in the United States economy. Topics
vary with the needs and interests of students and faculty.
117. Economics of Ecology (3)
Prerequisites: Econ 40, 50. Investigation into the economics of resource
use. Development and creation of resources through the application of technology
and the destruction of resources through misuse and pollution of the environment.
120. Economic Statistics (4)
Prerequisite: Econ 40-50 and intermediate algebra. Introduction to the
use of statistics in economics, using theoretical material and computer
lab exercises. Topics emphasized include measures at central tendency and
dispersion; simple and multiple regression analysis; and hypothesis testing.
(3 Iecture, 2 lab hours)
125. Introduction to Mathematical Economics (3)
Prerequisites: Econ 40, 50; Math 75. Introduction to uses of mathematics
(primarily calculus and matrix algebra) in theoretical economic analysis.
Knowledge of basic economics assumed; math is taught. Strongly recommended
for students considering graduate work in economics or business.
131. Public Finance (3)
Prerequisites: Econ 40, 50. Governmental revenues and expenditures at federal,
state, and local levels of jurisdiction. Tax limitation measures, efficiency
in government, subsidies, and fiscal relationships between different levels
of government.
135. Money and Banking (3)
Prerequisites: Econ 40, 50. Survey of the monetary and banking system of
the United States and analysis of its role in economic growth and stabilization.
140. The Political Economy of the Military-Industrial Complex (3)
Prerequisite: Econ 50. Economic effects of military expenditures in historical
perspective. Economic effects of World War II, Korea, and Vietnam. The Military-Industrial
Complex, war profiteering, and the economic effects of disarmament.
150. Labor Economics (3)
Prerequisites: Econ 40-50. Alternative theories of wages, employment, and
structure of labor market; impact of collective bargaining on level of wages,
employment, and labor's share of national income; history and philosophies
of labor movement; structure and functioning of labor unions.
151. History of Labor in the United States (3)
Prerequisites: Econ 40-50. Analytical topics from historical viewpoint;
evolution of unions and labor legislation interpreted in terms of economic
theory.
152. Economics of Human Resources (3)
Prerequisites: Econ 40-50 or permission of instructor. Economic theory of
investment in education, job training, and health; economic theories of
discrimination; analysis of earnings differentials for women and ethnic
minorities. Issues discussed include educational choices, affirmative action,
comparable worth, and "manpower" planning policies.
161. Population Economics (3)
Prerequisites: Econ 40-50. Development of an economic framework for studying
components of population growth: fertility, mortality, and migration. Analysis
of relationship between population change and modern economic growth in
both developed and lesser developed nations.
162. Medical Economics (3)
Prerequisites: Econ 40-50. Examination of several aspects of the health
care situation in the United States from the viewpoint of economic analysis.
165. Economics for Future Teachers (3)
Not open to students majoring or minoring in economics. Designed for prospective
elementary school teachers. Introduces fundamental economic concepts and
demonstrates how they can be taught in the elementary classroom. Audio-visual
materials, computer applications and classroom simulations will be presented.
170. Transportation (3)
Prerequisites: Econ 40-50. Economics of rail, water, motor, air, and pipeline
transportation.
174. Government Regulation of Economic Activity (3)
Prerequisites: Econ 40-50. Justification for regulation, constitutional
limitations, public utility regulation, regulation of monopoly; competitive
practices; government policy in other areas of economic activity.
176. Economics through Films (3)
Prerequisites: Econ 40-50 or permission of instructor. Emphasizes economic
concepts, issues, and institutions through an integrated series of classic
films, lectures, and discussions. Students will apply economic theory to
contemporary problems.
178. International Economics (3)
Prerequisites: Econ 40-50. International economic relations; problems and
policies in the light of fundamental economic theory.
179. Global Corporations and the Third World: The World Economy (3)
Problems of economic underdevelopment in the Third World within the context
of the world economy, nature, and function of multinational corporations,
theories of economic imperialism.
180. Comparative Economic Systems (3)
Prerequisites: Econ 40-50. Comparative study of economic systems of the
modern world; capitalism, socialism, communism, fascism, and the problems
which arise within each.
181. Political Economy of Central Planning (3)
Prerequisites: Econ 40-50. Theory, history, and institutional application
of central planning; examination of existing centrally planned economies,
feasibility of central planning in the underdeveloped economies; welfare
criteria for nonmarket economies.
182. The Political Economy of China (3)
Prerequisites: upper-division standing and/or permission of instructor.
A survey and analysis of economic development in China and its linkages
with politics, history, society, and foreign policy.
185. Directed Readings (1-3)
Prerequisites: Econ 40-50, and permission of instructor. Directed readings
in the literature of economics. Intensive reading of economic literature
on special topics under faculty supervision.
188T. Special Topics (1-3; max total 6)
Prerequisites: Econ 40-50. Consideration of in-depth, special topics in
political economy; systematic, detailed study into issues not possible in
survey courses. Topics vary with the needs and interest of students and
faculty.
189T. Topics in Public Policy (1-3; max total 6)
Prerequisites: Econ 40-50. Detailed analysis of questions of economic policy.
Areas of investigation include social welfare policy, farm policy, environmental
quality policy, and others. Topics to be varied with the interests and needs
of students and faculty.
190. Independent Study (1-3; max see reference)
See Academic Placement -- Independent Study.
(See Course Numbering System.)
Economics (Econ)
365T. Economics for Teachers (1-6)