Economics

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  • CAS EC 367: Economics of the Public Sector
    Undergraduate Prerequisites: CAS EC 201.
    Basic principles of public finance; consideration of classical and modern attitudes toward government revenues and expenditures. Survey of problems related to public debt and budget making. Evaluation of fiscal policy as an instrument of control.
  • CAS EC 369: Economic Development of Latin America
    Undergraduate Prerequisites: CAS EC 101 and CAS EC 102.
    Contemporary issues of economic and social policy. Macroeconomic issues: inflation, stabilization, and the debt crisis. Foreign trade and economic restructuring. Poverty and income distribution. Role of the state.
  • CAS EC 370: The Chinese Economy
    Undergraduate Prerequisites: CAS EC 201 ; CAS EC 202 ; CAS EC 305; (or CASEC203 or CASEC303).
    Introduces the working of the Chinese economy. Combines historical-institutional and theoretical- quantitative approaches to study the transformation of China's economy into a market economy with special characteristics.
  • CAS EC 371: Environmental Economics
    Undergraduate Prerequisites: CAS EC 201.
    Role of economics in environmental planning. Economic analysis of the causes of pollution and its control through taxes, the use of property rights, and standards. Application of cost-benefit models as an aid in policy decisions affecting the environment.
  • CAS EC 372: Irish Economy
    Undergraduate Prerequisites: enrollment in the Dublin Internship Program; and CAS EC 101 or CAS EC 102, or consent of instructor.
  • CAS EC 377: Government, Business, and Labor
    Undergraduate Prerequisites: CAS EC 201.
    Examines economic growth from the perspective of the structure, conduct, and performance of business. Combines economic theories of conduct and strategy with industry case studies and evaluates the effect of government policy toward business and labor on the performance of the economy.
  • CAS EC 379: Firms, Markets, and Economic Development
    Undergraduate Prerequisites: CAS EC 201 and CAS EC 203; or consent of instructor.
    Examines the interlinked roles of business and politics in the process of economic development, with the objective of providing a framework for understanding how the private and public sectors work together to help (or impede) economic growth.
  • CAS EC 385: Economics of Sports
    Undergraduate Prerequisites: CAS EC 201; and either CAS EC 203 or CAS EC 305; or the equivalent.
    Applies the tools of microeconomic theory and empirical methods to study such questions as the optimal design of sports leagues, the impact of new stadiums on a local economy, fan (customer) discrimination, and salary differentials between players.
  • CAS EC 387: Introduction to Health Economics
    Undergraduate Prerequisites: CAS EC 201.
    Concepts of health economics applicable to both developed and developing countries. Topics include effect of health on the economy, effect of health care on health, hospital behavior, health work-force supply, and demand for health care.
  • CAS EC 391: International Economics I
    Undergraduate Prerequisites: CAS EC 201.
    The pure theory of international trade. Topics include comparative advantage and gains from trade, tariff and nontariff barriers to trade, and case studies in international economic policy.
  • CAS EC 392: International Economics II: Problems and Policy
    Undergraduate Prerequisites: CAS EC 202.
    Basic issues of international finance. Topics include the balance of payments, balance of payments adjustments, theories of exchange rate determination, and case studies in international economic policy.
  • CAS EC 401: Senior Independent Work
  • CAS EC 403: Game Theory
    Undergraduate Prerequisites: CAS MA 121 or CAS MA 123 or CAS MA 127; or consent of instructor.
    Models of decision-making in which the choices of different individuals interact: basic equilibrium notions in normal form games, including signaling games and repeated games. Applications include auctions, foreign policy, takeover bids, entry deterrence, cooperation and conflict, financial markets, and public goods.
  • CAS EC 404: Economics of Information
    Undergraduate Prerequisites: CAS EC 201; and one of CAS MA 121, 122, 123, 124, 127 or 129, or consent of instructor. Recommended: CAS EC 403.
    Introduction to the field of information economics and its applications. Covers a wide range of situations in which players have access to different private information and this private information differently affects their incentives and strategic behavior.
  • CAS EC 436: Economics of Corporate Organization
    Undergraduate Prerequisites: CAS EC 201; and CASMA121 or CASMA123 or CASMA127 and CASEC305 or CASMA213 and CASMA214, or SMGSM221.
    Economic analysis of the architecture of firms and other organizations. Topics include firm boundaries, the allocation of ownership and control, integration and outsourcing, corporate governance, performance evaluation, and compensation.
  • CAS EC 445: Economics of Risk and Uncertainty
    Undergraduate Prerequisites: CAS EC 201 ; CAS EC 202 ; CAS EC 305; and CASMA121 or CASMA123 or CASMA127.
    For advanced undergraduates. Emphasis on quantitative links between theory and data. Topics include expected utility, portfolio choice and the capital asset pricing model, interest rates and monetary policy, the relation between the real economy and the stock market.
  • CAS EC 464: The Pacific Rim: Economic and Political Orders
    Examines the major economies of the Asian Pacific Rim, focusing in particular on industrialization, international trade, and financial markets. Initally, these issues are considered from a comparative perspective. The experience of individual countries is then examined more closely.
  • CAS EC 491: Directed Study in Economics
  • CAS EC 501: Microeconomic Theory
    Undergraduate Prerequisites: CASEC201 or equivalent, and either CASEC505 or CASMA225, or consent of instructor.
    Covers the basic concepts and techniques of microeconomic theory. Topics include consumer demand and its foundation on preferences and budget constraints, economics of uncertainty and imperfect information, production theory, applied competitive equilibrium analysis, elementary game theory, and imperfect competition.
  • CAS EC 502: Macroeconomic Theory
    Undergraduate Prerequisites: CAS EC 202 or equivalent, or consent of instructor.
    Graduate Prerequisites: EC 202 or equivalent, or consent of instructor.
    Brief overview of macroeconomics, leading to successive focus on long-run economic growth and inflation, and on short-run fluctuations with emphasis on the role of fiscal and monetary policy. Readings from research journals; introduction to analysis of macroeconomic data.