Courses

• CAS EC 203: Empirical Economics 1
  Statistical techniques are presented and applied to a variety of economics problems. Extensive use of the statistical software package STATA.
• CAS EC 204: Empirical Economics 2
  Builds on the material in CAS EC 203, developing more complex statistical techniques and applications.
• CAS EC 305: Economic Statistics
  Introduction to fundamentals of statistical inference, estimation and tests of hypotheses, regression and analysis of variance, nonparametric statistics, and applications using automatic computation programmed packages. Cannot be taken for credit in addition to SMG SM 221.
• CAS EC 320: Economics of Less-Developed Regions
  Theoretical and empirical examination of the structural changes associated with the process of economic development; special reference to poor regions and countries; rigorous analysis of criteria for policy judgments in developing planning and programming.
• CAS EC 323: Behavioral Economics
  Introduction to a new field in economics that challenges the traditional model of rational decision-making and uses research in psychology to construct alternative models. Covers the theory of choice under certainty, uncertainty, and temptation; biases in judgment; social preferences.
• CAS EC 325: The Economics of Poverty and Discrimination in the United States
  Examines who is poor in the United States and how the evidence of poverty has changed over time. Various economic theories for the causes of poverty and discrimination are presented for examination and discussion.
• CAS EC 331: History of Economic Ideas
  The history of theories about how the economy works and how it is conceptualized by economic theorists. Covers the main schools in the history of economic thought, from pre-Classical economists to Milton Friedman and the Chicago School. Also offered as CAS HI 293.
• CAS EC 332: Market Structure and Economic Performance
  Structure of the American economy. The theory of imperfect competition. Topics include firm concentration and conglomeration, consumer ignorance and market failure, and advertising and technological change as part of market performance.
• CAS EC 333: Market Organization and Public Policy
  Discussion of selected markets determined by the instructor. Introduction to antitrust and regulatory policy.
• CAS EC 337: Economic Analysis of Legal Issues
  Economic analysis of current important legal issues. Contributions of economics to analysis of contracts, torts property, and crime. Effects of property rights on allocation of resources and distribution of income. Market and nonmarket schemes of regulating the environment.
• CAS EC 341: Monetary and Banking Institutions
  Survey of commercial and central banking institutions. Examination of macro relations between financial organizations and principal objectives of stabilization policy.
• CAS EC 342: Monetary and Banking Theory
  After a brief survey of the development of modern monetary theory, concentration on selected theoretical aspects of monetary economics and financial organization covered in CAS EC 341. Additional emphasis on capital theory and macroeconomic models. Research paper required.
• CAS EC 355: Economics of the Workplace and Public Policy
  Analysis of economic theories of human resources management and labor relations as they relate to wage determination, human capital investment, and labor productivity. Analyzes public policies toward unions, collective bargaining, and workplace regulation using historical materials and contemporary cases.
• CAS EC 356: Economics of the Labor Market
  Application of current theories of labor supply and demand, wages, education and experience, immigration, labor efficiency, discrimination, and unemployment. Appraisal of the effects of government policies on labor markets.
• CAS EC 363: Race and the Development of the American Economy: A Global Perspective
  (Meets with CAS AA 363.) Surveys the economic history of African Americans within the context of the development of the American and global economies. Topics include the economics of slavery; race and industrialization; the Great Migration; anti-discrimination legislation; and the historical origins of contemporary racial inequalities.
• CAS EC 365: Economic Institutions in Historical Perspective
  Historical development and role of institutions underlying market economies. Topics include contract enforcement and trading institutions, financial institutions, property rights in land, environmental resources such as water management and fisheries, economic infrastructure, regulation of labor, and capital markets.
• CAS EC 367: Economics of the Public Sector
  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 368: Contemporary East Asian Economics
  An introduction to the economics of Japan, Korea, and Taiwan. Topics include Japanese firms, labor markets, finance, monetary and fiscal policies, industrial policies, and Taiwanese and Korean post-1960 economic development.
• CAS EC 369: Economic Development of Latin America
  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
  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.

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