Economics

An introduction to the theory of individual economic behavior, markets and the macroeconomic analysis of institutions. Topics include the theory of the consumer, the theory of the firm, market structures, factor markets, income distribution, market failures and the role of governments in macroeconomic affairs.

An introduction to the theory of individual economic behavior, markets and the microeconomic analysis of institutions. Topics include the theory of the consumer, the theory of the firm, market structures, factor markets, income distribution, market failures and the role of governments in microeconomic affairs.

An examination of the determinants of national income, employment and the price level. Centers on the construction and use of models of the economy, principally the Classical and Keynesian models of the macro economy. Includes the theory and practice of fiscal policy, central banking, monetary policy and current policy questions, and discusses issues of the longer run growth of the economy.

Deals primarily with the theory of the consumer, the theory of the firm, different market structures, uncertainty, externalities and issues related to public policy and income distribution. Introduces recent developments in microeconomic theorizing.

A calculus-based, mathematical approach to the theoretical and empirical examination of the determinants of national income, employment and the price level. Includes the theory and practice of economic growth, fiscal policy, central banking and monetary policy. Introduces the student to the frontiers of current macro-economic.

Examines economic ideas from the Mercantilists (16th century) to the early development of the Neo-Classical School (late 19th and early 20th centuries). Emphasizes issues related to the development of economic thought in the areas of value, distribution and international trade.

Introduces the field of game theory and develops some basic concepts, useful in understanding strategic interactions. Presents concepts in cooperative and non-cooperative game theory. Examples from different fields in the social sciences introduce concepts used in game theory.

An examination of Marxist intellectual traditions with heavy emphasis on the writings of Marx. Examines Marx's critique of capitalism and alienation in his early writing to his more formal analysis of capitalism in his work Capital. Looks at how later Marxists and critics of capitalism have used, criticized and reworked elements of the Marxian analysis to continue developing contemporary conceptions of a non-capitalist or classless society.

This course provides a comprehensive exploration of Industrial Organization, a field of economics that examines the behavior of firms, market structures, and the interactions within industries. Through theoretical frameworks, empirical analysis, and real-world case studies, students will gain insights into how firms make strategic decisions, the dynamics of competition, and the role of government policies in shaping market outcomes.

An examination of the structure and operations of the commercial banking system and other financial intermediaries including the stock market and markets for other financial assets, theories of predicting the behavior of stock prices, principles of portfolio selection, and the impact of monetary policy and regulatory agencies on financial markets.

An examination of labor, both in the formal labor market, and more generally as human productive activity. Topics include the theories of wage determination, the development and impact of trade unions, and analysis of major legal and economic issues relating to the structure and functioning of labor markets. Special attention to issues of equity, relationship and discrimination in formal labor markets and the household.

Through a combination of theoretical frameworks and case studies, presents an overview of the economics of underdeveloped economies. Topics include approaches to and theories of underdevelopment, issues related to growth and redistribution, the rural and agricultural sector, migration and the urban sector, trade, population, the environment and issues related to governance.

An examination of the role that economic analysis plays in understanding the environment and the policy frameworks that economics offers in the area of environmental regulation. Topics include an analysis of market failures, the cost-benefit framework and strategies related to environmental policy. A number of applications related to domestic and international environmental issues discussed.

A look at the political and economic processes that shape the uses of urban space. Attention to the rise of suburbanization in the United States and the problems of urban poverty, race and class segregation associated with it. Examines historical analysis and issues relating to the "revitalization" of older urban centers.

This course examines how behavioral economics studies effect decision making within different contexts. Decision making will be studied at the individual, organizational and policy levels. A significant portion of the course will be devoted to studying how decision making from a behavioral economics perspective contrasts with the traditional approach. Topics will include methodology, uncertainty and prospect theory.

An examination of the Marxist intellectual tradition with heavy emphasis on the writings of Marx himself. Examines Marx's critique of human alienation and capitalism, including an analysis of his work, Capital. Looks at how later Marxists, and critics of capitalism generally, have used, criticized and reworked elements of the Marxian analysis to continue developing contemporary conceptions of a non-capitalist or classless society.

Through a combination of theoretical frameworks and real world applications, attempts to develop a broad understanding of micro and macro issues in the area of international economics. Deals with issues related to the logic and critique of free trade, tariffs and quotas, exchange rate determination, balance of payments, open economy macro policy, stabilization policy and the role of international institutions in international trade.

An examination of the role that economic analysis plays in understanding the environment and the policy frameworks that economics offers in the area of environmental regulation. Topics include an analysis of market failures, the cost-benefit framework and strategies related to environmental policy. A number of applications related to domestic and international environmental issues discussed.