Courses

The listing of a course description here does not guarantee a course’s being offered in a particular term. Please refer to the published schedule of classes on the MyBU Student Portal for confirmation a class is actually being taught and for specific course meeting dates and times.

• CAS EC 508: Econometrics
  Undergraduate Prerequisites: (CASEC507) and for undergraduate students only, (CASEC204 or CASEC304). - Graduate Prerequisites: (CASEC507) - Standard econometric methods for empirical economic research in academic or business settings. Basic concepts: quantification of uncertainty using confidence intervals, inference of causal relationships in regressions, and prediction based on regression estimates. Working with data and use of statistical software.
• CAS EC 513: Game Theory
  Undergraduate Prerequisites: (CASMA121 OR CASMA122 OR CASMA123 OR CASMA124 OR CASMA127 OR CASM A129) or instructor's permission. - Mathematical models of decision-making and strategic interactions: 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 515: Economics of Information
  Undergraduate Prerequisites: (CASEC201) and one of CAS MA 121, 122, 123, 124, 127 or 129, or consent of instru ctor. Recommended: CAS EC 403. - Introduction to mathematical models of information economics and their 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 521: Development Policy
  Undergraduate Prerequisites: (CASEC201 & CASEC202) - Graduate Prerequisites: (CASEC303 & CASEC304) - Rigorous and quantitative analysis of the problems of economic development, with emphasis on economic growth, macroeconomic stability, income distribution, and structural change. In a case study using historical data, students analyze a current problem and policy measures that might address it.
• CAS EC 522: Development Strategy
  Undergraduate Prerequisites: one year of graduate study. - Case study approach to questions of employment, trade, macro-policy, and development strategy; including relationship between economic growth, economic policy, and income distribution. Reading of current research; use of real-world data and econometric methods.
• CAS EC 523: Economics and Psychology
  Prerequisites: CASEC201 or EC221 or EC501. - Introduction to a field of 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 531: Market Structure and Industrial Organization
  Undergraduate Prerequisites: (CASMA121) or a more advanced calculus course) and CASEC201 (or a more advanced m icroeconomics course), or consent of instructor. - Mathematical models and quantitative analysis of the main interactions between firms and consumers under different market conditions and market structures. Among the issues discussed: profit maximization, monopoly power, price discrimination, bundling, oligopoly and imperfect competition, entry deterrence, quality choice, and advertising.
• CAS EC 536: Economics of Corporate Organization
  Mathematical models and quantitative analysis of the architecture and performance of firms and other organizations. Topics include firm boundaries, the allocation of ownership and control, integration and outsourcing, corporate governance, performance evaluation, and compensation. May not be taken for credit in addition to CAS EC 436.
• CAS EC 541: Topics in Monetary Theory and Macroeconomics
  Undergraduate Prerequisites: consent of instructor. - Combines monetary economics, macroeconomics, and finance. Mathematical models and quantitative analysis of the interactions among money, interest rate, and consumption and their consequences for monetary policy and asset prices (bonds, stocks, and currencies). Real-world data and econometric methods are also used.
• CAS EC 542: Money and Financial Intermediation
  Undergraduate Prerequisites: (CASEC341 OR CASEC342) or consent of instructor. - Graduate Prerequisites: (CASEC341 OR CASEC342) or consent of instructor. - Quantitative analyses of the role of money in the economy, financial institutions, the money supply process, models of money demand, financial markets, interest rates, asset prices. Study of monetary policy transmission, financial intermediary management and regulation, derivatives and risk management.
• CAS EC 544: Introduction to Economic Dynamics
  Undergraduate Prerequisites: CASEC 201 or EC 501, or equivalent; and CASEC 202 or EC 502, or equivalent; and CASMA 121 or MA 123 or MA 127 or EC 505, or equivalent; and CASEC 507, or equivalent. - An introduction to the theory and applications of dynamic optimization and equilibrium analysis in discrete time. Focuses on numerical methods for solving many economic problems. Topics include difference equations, dynamic programming, and business cycle models.
• CAS EC 545: Financial Economics
  Undergraduate Prerequisites: (CASEC201 & CASEC202) and (CASEC203 or CASEC303) and one approved Calculus Course (CASMA121, 122, 123, 124, 127, or 129) or consent of instructor. - Provides a sound understanding of the economic principles of finance, including the financial decisions and capital structure of a corporation, and its relation to capital markets. Models of capital asset pricing and investors' behavior are also discussed.
• CAS EC 551: Economics of Labor Markets
  Undergraduate Prerequisites: (CASEC201 & CASEC202) or consent of instructor. - Economic behavior of labor markets and labor market institutions in the United States. Wage determination, labor allocation, discrimination, economics of trade unions, and industrial relations. Implications of labor market behaviors for public policy.
• CAS EC 561: Public Economics I
  Undergraduate Prerequisites: (CASEC201) or consent of instructor. - Quantitative and microeconomic analysis of public-policy decisions worldwide, by means of applied welfare economics or cost-benefit analysis. Applications include project evaluation, taxation, regulation, shadow pricing, privatization, policy impact analysis, and valuation of external effects such as pollution and congestion.
• CAS EC 563: Race and the Development of the American Economy: A Global Perspective
  Undergraduate Prerequisites: (CASEC 101) - Surveys African-American economic history in the context of the development of American and global economies, using available data and econometrics methods. Topics include: economics of slavery; race and industrialization; the Great Migration; anti-discrimination legislation; historical origins of contemporary racial inequalities. (Meets with CASAA 563.)
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  • Historical Consciousness
  • Social Inquiry II
• CAS EC 565: Economic Institutions in Historical Perspective
  Undergraduate Prerequisites: (CASEC101) - Graduate Prerequisites: (CASEC101) - 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.
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  • Historical Consciousness
  • Quantitative Reasoning I
• CAS EC 571: Energy and Environmental Economics
  Undergraduate Prerequisites: (CASEC201 OR CASEC501) - Graduate Prerequisites: (CASEC201 OR CASEC501) - Environmental resources and markets characterized from physical, economic, and legal standpoints. Welfare arguments for public sector intervention. Methodologies for policy assessment and simulation analyzed, including project analysis, new technology, evaluation models, deterministic and econometric models.
• CAS EC 572: Public Control of Business
  Undergraduate Prerequisites: (CASEC201 OR CASEC501) - Examines economic theory and case studies of antitrust policy, government regulation of private industry and operation of state owned enterprises. Case studies are drawn from both industrialized and developing countries.
• CAS EC 581: Health Economics I
  Undergraduate Prerequisites: (CASEC501) or consent of instructor. - Graduate Prerequisites: (CASEC501) or consent of instructor. - Quantitative analyses of demand for insurance and healthcare, moral hazard, adverse selection, healthcare supply, quality and price competition. Physician agency, payment systems, capitation, risk management and managed care. Emphasis is on U.S. institutions, but concepts and methodology are applicable worldwide.
• CAS EC 590: Special Topics in Economics
  ay be repeated for credit as topics vary. One topic is offered in Fall 2024. Section AA: Political Economy. Studies game theoretical models of political competition to understand how societies decide on public policies. Discusses the idea of rational choice for a society when the members of that society differ in how they rank different alternatives. Models are applied to public policy issues such as income redistribution and political corruption.