Courses

Examines basic concepts of microeconomics, or the behavior and the interactions of individuals, firms, and government. Topics include determining economic problems, how consumers and businesses make decisions, how markets work and how they fail, and how government actions affect markets. Credit not granted for this course and ECON 1000 and 1001. Meets MAPS requirements for social sciences: general. Approved for arts and sciences core curriculum: contemporary societies.

Provides an overview of the economy, examining the flows of resources and outputs and the factors determining the levels of income and prices. Explores policy problems of inflation, unemployment, and economic growth. Prereq., ECON 2010. Credit not granted for this course and ECON 1000 and 1001. Meets MAPS requirement for social sciences: general. Approved for arts and sciences core curriculum: contemporary societies.

Explores theory and application of models of consumer choice, firm and market organization, and general equilibrium. Extensions include intertemporal decisions, decisions under uncertainty, externalities, and strategic interaction. Prereqs., ECON 1000 or 2010; and either ECON 1078 and 1088, or MATH 1300, or MATH 1310, or MATH 1081, or MATH 1080, 1090, and 1100, or APPM 1350, or equivalent. Prerequisites: Restricted to students with 27-180 credits (Sophomore, Junior or Senior) only.

Introduces theories of aggregate economic activity including the determination of income, employment, and prices; economic growth; and fluctuations. Macroeconomic policies are explored in both closed and open economy models. ECON 3070 and 3080 may be taken in any order; there is no recommended sequence. Prereqs., ECON 1000 or 2020; and either ECON 1078 and 1088, or MATH 1300, or MATH 1310, or MATH 1081, or MATH 1080, 1090, and 1100, or APPM 1350, or equivalent. Prerequisites: Restricted to students with 27-180 credits (Sophomore, Junior or Senior) only.

Studies utility maximization under uncertainty, risk, game theory, moral hazard, and adverse selection. Applications include insurance markets and the theory of contracts. Prereqs., ECON 3070 and 4808 or equivalent, or instructor consent.

Analyzes recent and contemporary literature on fundamentals of economic theory. Considers value theory with particular emphasis on methodology, theory of demand, theory of the firm, game theory, theory of distribution, general equilibrium theory, and welfare economics. Prereqs., ECON 3070, 3080; 6808 or MATH 1300. Prerequisites: Restricted to Graduate Students only.

Discusses behavior of consumption, investment, employment, production, and interest rates in the context of dynamic optimization models. Also considers government, economic growth, and business cycles. Prereqs., ECON 3070 and 3080. Prerequisites: Restricted to Graduate Students only.

Continuation of ECON 7010. Prereq., ECON 7010.

Presents the theoretical and empirical application of dynamic macro programming models. Topics include consumption, investment, labor, money, and credit theories. Covers the theory of economic fluctuations and business cycles employing dynamic general equilibrium models. Prereq., ECON 7020.

Discusses advanced topics in game theory and general equilibrium. Prereqs., ECON 7010, 7030, 7818, 7828. Prerequisites: Restricted to Graduate Students only.