Economics
College of Arts & Sciences
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Introductory Microeconomic Analysis
CAS EC 101
The first semester of a standard two-semester sequence is for those considering further work in management or economics. Coverage includes the 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 2019, this course fulfills a single unit in each of the following BU Hub areas: Social Inquiry I, Ethical Reasoning, Critical Thinking. 4 cr. Tuition: $3260
Summer 1 (May 20-June 27)
A1 (LEC) Tues./Wed./Thurs. 2-4:30 pm... Open SeatsMust register for Lec (A1) & Dis (A2)A2 (DIS) Tues. 1-2 pm... Open SeatsSummer 1 seven-week course (May 13-June 27)
O1 (IND) Arranged... Open SeatsSummer 2 (June 30-August 8)
B1 (LEC) Mon./Tues./Wed. 1-3:30 pm... Open SeatsMust register for Lec (B1) & Dis (B2)B2 (DIS) Wed. 3:30-4:30 pm... Open SeatsB3 (LEC) Tues./Wed./Thurs. 6-8:30 pm... Open SeatsMust register for Lec (B3) & Dis (B4)B4 (DIS) Tues. 5-6 pm... Open Seats -
Introductory Macroeconomic Analysis
CAS EC 102
The second semester of a standard two-semester sequence is 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 2019, this course fulfills a single unit in each of the following BU Hub areas: Social Inquiry I, Global Citizenship, and Intercultural Literacy. 4 cr. Tuition: $3260
Summer 1 (May 20-June 27)
A1 (LEC) Mon./Tues./Wed. 10 am-12:30 pm... Open SeatsMust register for Lec (A1) and Dis (A2)A2 (DIS) Mon. 9-10 am... Open SeatsA3 (LEC) Tues./Wed./Thurs. 1-3:30 pm... Open SeatsMust register for Lec (A3) and Dis (A4)A4 (DIS) Thurs. 3:30-4:30 pm... Open SeatsSummer 2 (June 30-August 15)
B1 (LEC) Tues./Wed./Thurs. 2:30-5 pm... Open SeatsMust register for Lec (B1) and Dis (B2)B2 (DIS) Tues. 1:30-2:30 pm... Open SeatsO2 (IND) Arranged... Open Seats -
Intermediate Microeconomic Analysis
CAS EC 201
Undergraduate Prerequisites: (CASEC101) and (CAS MA 121 or CAS MA 123) or equivalent. - Determination of commodity prices and factor prices under differing market conditions of competition and monopoly. Effective Fall 2019, this course fulfills a single unit in each of the following BU Hub areas: Social Inquiry II, Critical Thinking. 4 cr. Tuition: $3260
Summer 1 (May 20-June 27)
A1 (IND) Mon./Tues./Wed./Thurs. 10 am-12 noon... Open SeatsSummer 2 (June 30-August 8)
B1 (IND) Mon./Tues./Wed. 10 am-12:30 pm... Open Seats -
Intermediate Macroeconomic Analysis
CAS EC 202
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 each of the following BU Hub areas: Social Inquiry II, Critical Thinking. 4 cr. Tuition: $3260
Summer 1 (May 20-June 27)
A1 (IND) Tues./Wed./Thurs. 6-8:30 pm... Open SeatsAndre SwitalaSummer 2 (June 30-August 8)
B1 (IND) Tues./Wed./Thurs. 9-11:30 am... Open Seats -
Empirical Economics 1
CAS EC 203
Undergraduate Prerequisites: (CAS EC 101 & CAS EC 102). - First semester of a two-semester sequence of empirical techniques used in economic analysis. Statistical concepts are presented and applied to a variety of economic problems. Extensive use of the statistical software package STATA is made. Students must register for two sections: lecture and discussion. Effective Fall 2018, this course fulfills a single unit in the following BU Hub area: Quantitative Reasoning I. 4 cr. Tuition: $3260
Summer 1 (May 20-June 27)
A1 (LEC) Mon./Tues./Wed. 10 am-12:30 pm... Open SeatsTodd IdsonMust register for Lec (A1) & Dis (A2)A2 (DIS) Mon. 9-10 am... Open SeatsTodd Idson -
Empirical Economics 2
CAS EC 204
Undergraduate Prerequisites: (CAS EC 101 & CAS EC 102) and (CAS EC 203) 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 economic problems. Extensive use of the statistical software package STATA is made. Builds on the material in CAS EC 203, developing more complex statistical techniques and applications. Students must register for two sections: lecture and discussion. Effective Fall 2022, this course fulfills a single unit in each of the following BU Hub areas: Quantitative Reasoning II, Research and Information Literacy. 4 cr. Tuition: $3260
Summer 2 (June 30-August 8)
B1 (LEC) Mon./Tues./Wed. 10 am-12:30 pm... Open SeatsMust register for Lec (B1) & Dis (B2)B2 (DIS) Mon. 9-10 am... Open Seats -
Behavioral Economics
CAS EC 323
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. 4 cr. Tuition: $3260
Summer 2 (June 30-August 8)
B1 (IND) Tues./Wed./Thurs. 1-3:30 pm... Open SeatsJawwad Noor -
Monetary and Banking Institutions
CAS EC 341
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. 4 cr. Tuition: $3260
Summer 1 (May 20-June 27)
A1 (IND) Tues./Wed./Thurs. 10 am-12:30 pm... Open Seats -
Environmental Economics
CAS EC 371
Undergraduate Prerequisites: (CASEC201) - 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. Effective Fall 2020, this course fulfills a single unit in each of the following BU Hub areas: Ethical Reasoning, Global Citizenship and Intercultural Literacy, Teamwork/Collaboration. 4 cr. Tuition: $3260
Summer 1 (May 20-June 27)
A1 (IND) Mon./Tues./Wed. 1-3:30 pm... Open SeatsEkaterina Gnedenko -
Economics of Sports
CAS EC 385
Prerequisites: (CAS EC 201 & CAS EC 203) or equivalent. Applies the tools of microeconomic theory and empirical methods to study questions such as the optimal design of sports leagues, the impact of new stadiums on a local economy, fan (customer) discrimination, and salary differentials between players. Effective Fall 2020, this course fulfills a single unit in each of the following BU Hub areas: Social Inquiry II, Critical Thinking. 4 cr. Tuition: $3260
Summer 2 (June 30-August 8)
B1 (IND) Mon./Tues./Wed. 6-8:30 pm... Open SeatsTodd Idson -
International Macroeconomics
CAS EC 392
Undergraduate Prerequisites: (CASEC202 & CASEC203) or equivalent. ; Undergraduate Corequisites: (CASEC204)or equivalent. - Prereq: (CAS EC 202 & CAS EC 203) or equivalent. Analyzes what determines exchange rates, including interest rates, fiscal and monetary policies, GDP growth, inflation, and other factors. Examines the causes of exchange rate crises, the functioning of fixed and flexible exchange rate systems, the effect of the worldwide saving imbalance, the crisis in the euro zone, as well as other current topics. Also considers hedging and speculating in foreign exchange markets by using futures and forward contracts and options. Effective Fall 2020, this course fulfills a single unit in the following BU Hub area: Social Inquiry II. 4 cr. Tuition: $3260
Summer 2 (June 30-August 8)
B1 (IND) Mon./Tues./Wed. 9-11:30 am... Open Seats -
Game Theory
CAS EC 403
Undergraduate Prerequisites: CAS EC 201 and (CASMA121 or CASMA123 or CASMA127); or consent of inst ructor. - Prereq: (CAS EC 201) and (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 and extensive- form games, including signaling games and repeated games. Applications may include oligopolies, auctions, foreign policy, takeover bids, entry deterrence, cooperation and conflict, financial markets, and public goods. 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. 4 cr. Tuition: $3260
Summer 1 (May 20-June 27)
A1 (IND) Tues./Wed./Thurs. 6-8:30 pm... Open SeatsHsueh-Ling Huynh