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Economics

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  • CAS EC 101: Introductory Microeconomic Analysis
    The first semester of a standard two-semester sequence for those considering further work in management or economics. Coverage includes economics of households, business firms, and markets; consumer behavior and the demand for commodities; production, costs, and the supply of commodities; price determination; competition and monopoly; efficiency of resource allocation; governmental regulation; income distribution; and poverty. Effective Fall 2018, this course fulfills a single unit in each of the following BU Hub areas: Social Inquiry I, Critical Thinking. In 2019-20 this course fulfills a single unit in each of the following BU Hub areas: Social Inquiry I, Ethical Reasoning, Critical Thinking.
    • Critical Thinking
    • Ethical Reasoning
    • Social Inquiry I
  • CAS EC 102: Introductory Macroeconomic Analysis
    The second semester of a standard two-semester sequence for those considering further work in management or economics. National economic performance; the problems of recession, unemployment, and inflation; money creation, government spending, and taxation; economic policies for full employment and price stability; and international trade and payments. Carries social science divisional credit in CAS. Effective Fall 2018, this course fulfills a single unit in the following BU Hub area: Social Inquiry I. Effective Fall 2019, this course fulfills a single unit in each of the following BU Hub areas: Social Inquiry I, Global Citizenship and Intercultural Literacy.
    • Global Citizenship and Intercultural Literacy
    • Social Inquiry I
  • CAS EC 201: Intermediate Microeconomic Analysis
    Undergraduate Prerequisites: (CASEC101) and (CAS MA 121 or CAS MA 123) or equivalent. - Determination of commodity prices and factor prices under the differing market conditions of competition and monopoly. Effective Fall 2019, this course fulfills a single unit in the following BU Hub areas: Social Inquiry II, Critical Thinking.
    • Critical Thinking
    • Social Inquiry II
  • CAS EC 202: Intermediate Macroeconomic Analysis
    Undergraduate Prerequisites: (CASEC102) - Determination of aggregate income and employment. Analysis of fiscal and monetary policy. Inflation and income policy. Problems of the open economy. Effective Fall 2019, this course fulfills a single unit in the following BU Hub areas: Social Inquiry II, Critical Thinking.
    • Critical Thinking
    • Social Inquiry II
  • CAS EC 203: Empirical Economics 1
    Undergraduate Prerequisites: (CASEC101 & CASEC102) - First semester of a two-semester sequence of empirical techniques used in economic analysis. Statistical concepts are presented and applied to a variety of economics problems. Extensive use of the statistical software package STATA will be made. Effective Fall 2018, this course fulfills a single unit in the following BU Hub area: Quantitative Reasoning I.
    • Quantitative Reasoning I
  • CAS EC 204: Empirical Economics 2
    Undergraduate Prerequisites: (CASEC101 & CASEC102) and CAS EC203 (or equivalent). - Second semester of a two-semester sequence of empirical techniques used in economic analysis. Statistical concepts are presented and applied to a variety of economics problems. Extensive use of the statistical software package STATA will be made. Builds on the material in EC203, developing more complex statistical techniques and applications. Effective Fall 2019, this course fulfills a single unit in the following BU Hub area: Quantitative Reasoning II. Effective Fall 2022, this course fulfills a single unit in each of the following BU Hub areas: Quantitative Reasoning II, Research and Information Literacy.
    • Quantitative Reasoning II
    • Research and Information Literacy
  • CAS EC 221: Intermediate Microeconomic Theory
    Undergraduate Prerequisites: (CASEC101 & CASEC102 & CASMA225) - A mathematically rigorous approach to intermediate microeconomic theory. Effective Fall 2023, this course fulfills a single unit in each of the following BU Hub areas: Quantitative Reasoning I, Social Inquiry II, Critical Thinking.
    • Critical Thinking
    • Quantitative Reasoning I
    • Scientific Inquiry II
  • CAS EC 222: Intermediate Macroeconomic Theory
    Undergraduate Prerequisites: CAS EC 101, CAS EC 102, CAS MA 225, as well as CAS EC 221. - A mathematically rigorous approach to intermediate macroeconomic theory. Effective Fall 2023, this course fulfills a single unit in each of the following BU Hub areas: Quantitative Reasoning I, Social Inquiry II, Critical Thinking.
    • Critical Thinking
    • Quantitative Reasoning I
    • Social Inquiry II
  • CAS EC 223: Statistical Analysis
    Undergraduate Prerequisites: (CASEC101 & CASEC102 & CASMA225) - This is an introductory mathematical statistics course, covering probability theory, statistical inference and an introduction to regression analysis. The course aims at providing students with the necessary background to progress to higher level econometrics and applied economics courses. Effective Fall 2023, this course fulfills a single unit in each of the following BU Hub areas: Quantitative Reasoning I, Critical Thinking.
    • Critical Thinking
    • Quantitative Reasoning I
  • CAS EC 224: Econometric Analysis
    Undergraduate Prerequisites: (CASEC101 & CASEC102 & CASEC223 & CASMA225 & CASMA242) - Standard econometric methods for empirical economic research, developed in a mathematically rigorous framework using linear algebra. Effective Fall 2023, this course fulfills a single unit in each of the following BU Hub areas: Quantitative Reasoning II, Critical Thinking.
    • Critical Thinking
    • Quantitative Reasoning II
  • CAS EC 320: Economics of Less-Developed Regions
    Undergraduate Prerequisites: (CASEC101 & CASEC102) - 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. Effective Fall 2020, this course fulfills a single unit in each of the following BU Hub areas: Ethical Reasoning, Social Inquiry II.
    • Ethical Reasoning
    • Social Inquiry II
  • CAS EC 323: Behavioral Economics
    Undergraduate Prerequisites: (CASEC201 & CASEC203) - 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. Effective Fall 2020, this course fulfills a single unit in each of the following BU Hub areas: Social Inquiry II, Critical Thinking.
    • Critical Thinking
    • Social Inquiry II
  • CAS EC 325: The Economics of Poverty and Discrimination in the United States
    Undergraduate Prerequisites: (CASEC201 & CASEC305) (or CASEC203 or CASEC303). - 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. Effective Fall 2020, this course fulfills a single unit in each of the following BU Hub areas: The Individual in Community, Quantitative Reasoning II, Critical Thinking.
    • Critical Thinking
    • The Individual in Community
    • Quantitative Reasoning II
  • CAS EC 328: Urban and Regional Economics
    Undergraduate Prerequisites: (CASEC201 & CASEC203) - Provides a broad introduction to modern regional and urban economics. In the first part of the course, we attempt to understand how and why cities grow and develop. In the second part of the course, we try to analyze why cities adopt different policies. In the third part of the course, we overview the issues of neighborhood inequality and segregation. If time remains, we will overview several other recent topics about urban and regional economics. Effective Fall 2021, this course fulfills a single unit in each of the following BU Hub areas: Quantitative Reasoning II, Social Inquiry II.
    • Quantitative Reasoning II
    • Social Inquiry II
  • CAS EC 332: Market Structure and Economic Performance
    Undergraduate Prerequisites: (CASEC201) - 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. Effective Fall 2020, this course fulfills a single unit in each of the following BU Hub areas: Quantitative Reasoning II, Social Inquiry II, Critical Thinking.
    • Critical Thinking
    • Quantitative Reasoning II
    • Social Inquiry II
  • CAS EC 333: Market Organization and Public Policy
    Undergraduate Prerequisites: (CASEC201 OR CASEC332) - Introduction to antitrust and regulatory policy. Studies sources of market inefficiency and historical and current policy towards topics such as collusion, merger, monopolization, and regulatory treatment of competition issues. Effective Fall 2020, this course fulfills a single unit in each of the following BU Hub areas: Ethical Reasoning, Historical Consciousness, Critical Thinking.
    • Critical Thinking
    • Ethical Reasoning
    • Historical Consciousness
  • CAS EC 337: Economic Analysis of Legal Issues
    Undergraduate Prerequisites: (CASEC201) First Year Writing Seminar (e.g., WR 100 or WR 120) - 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. Effective Fall 2020, this course fulfills a single unit in each of the following BU Hub areas: Writing-Intensive Course, Ethical Reasoning, Research and Information Literacy.
    • Ethical Reasoning
    • Research and Information Literacy
    • Writing-Intensive Course
  • CAS EC 341: Monetary and Banking Institutions
    Undergraduate Prerequisites: (CASEC202) - Survey of commercial and central banking institutions. Examination of macro relations between financial organizations and principal objectives of stabilization policy. Effective Fall 2020, this course fulfills a single unit in each of the following BU Hub areas: Social Inquiry I, Critical Thinking.
    • Critical Thinking
    • Social Inquiry I
  • CAS EC 342: Monetary and Banking Theory
    Undergraduate Prerequisites: (CASEC341) or consent of instructor. - 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. Effective Fall 2020, this course fulfills a single unit in each of the following BU Hub areas: Social Inquiry II, Research and Information Literacy.
    • Research and Information Literacy
    • Social Inquiry II
  • CAS EC 348: Dynamic Macroeconomics
    Undergraduate Prerequisites: (CASEC202) - Studies macroeconomics as a process evolving over time with applications to the dynamics of growth, recessions, fiscal policy, inflation, international trade and banking.

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