Economics

Courses

ECON 548 Mathematical Economics 3.0 Credits

Discusses the application of mathematics in economic models, with extensive discussion of economic applications of calculus and other mathematical tools. Considers implications of the assumptions of maximization of profits and utility. Stresses mathematical models and techniques useful in theoretical and applied applications of economics.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit

ECON 550 Econometrics 3.0 Credits

Economics 550 is an applied course in econometrics for Masters students. The course covers some statistical tools to understand economic relationships. Economic applications will be discussed and real economic data will be analyzed.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit
Prerequisites: STAT 601 [Min Grade: C] or STAT 610 [Min Grade: C]

ECON 560 Time Series Econometrics 3.0 Credits

The objectives of this course are to introduce the students to time series econometric models and to provide them with tools for empirical analysis using time series economic and financial data, with specific emphasis on application and forecasting.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit
Prerequisites: STAT 610 [Min Grade: C] or ECON 550 [Min Grade: C]

ECON 601 Managerial Economics 3.0 Credits

Covers demand and cost analysis, pricing policies, and selected topics of economic analysis as they relate to business policies.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit
Prerequisites: BUSN 502 [Min Grade: C] or ECON 610 [Min Grade: C]

ECON 610 Microeconomics 3.0 Credits

Covers consumer and producer behavior, responses to price changes, cost functions, and various market structures, including perfect market competition, monopoly, monopolistic competition, and oligopoly. Applies theories to issues in resource markets and international trade.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit

ECON 614 Macroeconomics 3.0 Credits

Provides an in-depth analysis of dominant theories behind short-run economic fluctuations and long-run economic growth. Employs both mathematical and graphical tools to discuss determination of output, employment, and price level in the aggregate economy. Also covers effectiveness of monetary and fiscal policies in dealing with unemployment and inflation. Emphasizes the use of theory to understand past and current macroeconomic events.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit
Prerequisites: ECON 548 [Min Grade: C] or ECON 610 [Min Grade: C]

ECON 616 Public Finance and Cost Benefit Analysis 3.0 Credits

Introduces market failure as a justification for government provision of public goods and regulation. Covers public choice theory and cost-benefit analysis for public expenditure, impact of taxation on efficiency, incidence of taxes, personal and corporate income taxes, and fiscal federalism.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit
Prerequisites: BUSN 502 [Min Grade: C]

ECON 630 International Economics 3.0 Credits

Examines the theoretical principles guiding international trade. Emphasizes the gains from trade, exchange rates, and balance-of-payments adjustments.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit
Prerequisites: ECON 601 [Min Grade: C] or ECON 610 [Min Grade: C]

ECON 634 History of Economic Analysis 3.0 Credits

Traces the development of economic principles and ideas to the present time. Emphasizes the historical changes that have taken place in the frameworks of economic analysis.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit
Prerequisites: BUSN 502 [Min Grade: C] or ECON 202 [Min Grade: C] or (BUSN 507 [Min Grade: C] and BUSN 508 [Min Grade: C])

ECON 639 Applied Industrial Analysis 3.0 Credits

This course will provide students with the theoretical and empirical tools to determine how markets work and to answer a variety of policy-relevant questions. For each topic, students will use real data and court documents to justify their conclusions, so econometrics is a prerequisite for taking the course.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit
Prerequisites: ECON 610 [Min Grade: C] and ECON 550 [Min Grade: C]

ECON 650 Business & Economic Strategy: Game Theory & Applications 3.0 Credits

This course discusses business strategy in the context of the "game theory" approach to strategic interaction, with additional tools drawn from industrial organization and economic theory. Alternative approaches to pricing strategy, strategic investment, strategies of technological innovation, market entry, and information release; strategy for design of and participation in auctions.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit
Prerequisites: ECON 601 [Min Grade: C] or ECON 610 [Min Grade: C] or STAT 610 [Min Grade: C]

ECON 661 Health Economics 3.0 Credits

Use analytical techniques from microeconomics to analyze the inter-relationship between health care resources, providers, consumers, and markets.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit
Prerequisites: ECON 601 [Min Grade: C] or ECON 610 [Min Grade: C]

ECON 662 Economic Analysis of Health Systems 3.0 Credits

Using applies microeconomic models developed in ECON 661, this course analyzes the government's role in health care. Methodology for economic evaluation of health care intervention and analysis of the pharmaceutical industry.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit
Prerequisites: ECON 661 [Min Grade: C]

ECON 700 Economics Seminar 3.0 Credits

The Economics Seminar is a course designed to give students who have completed the first four quarters of the MS program in economics an opportunity to put what they have learned to work, and gain wider and deeper knowledge of the field, though discussions and writing.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit
Restrictions: Can enroll if program is MSECON.

ECON 902 Mathematical Economics 3.0 Credits

The purpose of this course is to provide Ph.D. students with a survey of the basic math tools applied in the study of Microeconomics, Macroeconomics, Econometrics and related areas such as Finance.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit

ECON 910 Advanced Microeconomics I 3.0 Credits

This course is intended to introduce the student to a rigorous treatment of Microeconomic Theory. Topics include an introduction to choice theory; the representative consumer's utility maximization problem; and the firm's profit maximization problem and choice under certainty.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit
Prerequisites: ECON 902 [Min Grade: C]

ECON 911 Advanced Microeconomics II 3.0 Credits

This course is a continuation of Advanced Microeconomics I. Topics to be covered include competitive markets, oligopoly model, adverse selection, signaling, screening, moral hazard, the principle-agent problem and auctions.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit
Prerequisites: ECON 910 [Min Grade: C]

ECON 920 Advanced Macroeconomics I 3.0 Credits

This course introduces student to the basic tools and structures used in modern macroeconomic research. The course covers basic general equilibrium models of business cycles and growth including two period models: finite horizon models and infinite horizon models in both discrete and continuous time.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit
Prerequisites: ECON 902 [Min Grade: C]

ECON 921 Advanced Macroeconomics II 3.0 Credits

This course introduces students to models and techniques used extensively in macroeconomics. While focusing on tools, the course presents and discusses competing theories of monetary aspects of macroeconomic and short-run fluctuations in a closed economy, with several extensions to the open-economy setting.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit
Prerequisites: ECON 920 [Min Grade: C]

ECON 925 Macroeconomic Dynamics 3.0 Credits

This course introduces students to advanced methods and current research in Macroeconomics. The course will focus on dynamic macroeconomic models including theory, policy implications and numerical solution methods. Topics will be selected from Growth Theory, DSGE models, Calibration, Labor, Monetary Economics, Search Theory, and Banking and Business Cycles.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit
Restrictions: Can enroll if classification is PhD.
Prerequisites: ECON 920 [Min Grade: C] and ECON 921 [Min Grade: C]

ECON 930 Monetary Economics 3.0 Credits

This course is designed to give students in-depth knowledge of the models used to investigate the interactions between real and monetary factors. Topics covered include short-run real effects of monetary policy, the credit channel of money, and types and effectiveness of monetary policy rules.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit
Prerequisites: ECON 920 [Min Grade: C]

ECON 940 Econometrics I 3.0 Credits

This course is an introduction to applied econometric techniques beyond Ordinary Least Squares (OLS). Many of the questions that arise in economics cannot be studies using linear estimation methods. Nonlinear estimation techniques will be presented with emphasis on interesting economic questions that can be analyzed using these methods.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit
Prerequisites: STAT 931 [Min Grade: C]

ECON 941 Econometrics II 3.0 Credits

This course examines advanced topics in time-series econometrics and its application to economic/finance research, unit-root tests, bivariate and multivate co-integration relationships, causality and error correction models, vector autoregression models, and the time-varying heteroskedastic behavior of economic and financial data.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit
Prerequisites: ECON 940 [Min Grade: C]

ECON 942 Applied Microeconometrics 3.0 Credits

This course provides an advanced, in-depth study of many of the popular techniques used in the analysis of microeconomic data. Topics will include panel data, identification of causal effects, and Generalized Method of Moments estimation. The course will present theoretical models but will stress the implementation of the models to applied settings and the interpretation of the empirical results.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit
Restrictions: Can enroll if classification is PhD.
Prerequisites: ECON 940 [Min Grade: C]

ECON 950 Industrial Organization I 3.0 Credits

This course is an introduction to theoretical industrial organization. We will examine how firms interact in markets characterized by imperfect competition.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit
Prerequisites: ECON 911 [Min Grade: C]

ECON 951 Industrial Organization II 3.0 Credits

This course introduces the student to research methods in industrial organization. The primary focus is on the use of empirical analysis, although relevant theoretical papers are discussed.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit
Prerequisites: ECON 950 [Min Grade: C]

ECON 952 Health Economics 3.0 Credits

This course discusses the economics of the health care system including government programs and policies that influence health.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit
Prerequisites: ECON 910 [Min Grade: C] and ECON 940 [Min Grade: C]

ECON 955 Public Economics 3.0 Credits

This course discusses the welfare effects of government expenditure programs, taxes, and other policies including their incentive effects on firms and households.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit
Prerequisites: ECON 910 [Min Grade: C] and ECON 940 [Min Grade: C]

ECON 959 Industrial Organization Seminar 3.0 Credits

This course will be team-taught by Economics faculty members whose research interest lie in the areas of Industrial Organization (theoretical and applied). It will be a continuation of IO-I (theory) and IO-II (applied).

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit
Prerequisites: ECON 951 [Min Grade: C]

ECON 960 International Trade 3.0 Credits

This course provides the student with an understanding of the theory of International Economics and some empirical issues. Topics include: determinants of trade patterns, gains from trade, international factor mobility, factor market distortions, strategic trade policy, and issues related to the theory of commercial policy and international finance.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit
Prerequisites: ECON 910 [Min Grade: C]

ECON 961 Empirical International Trade 3.0 Credits

The purpose of this course is for students to be familiar with a number of important topics and papers in the empirical trade literature.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit
Prerequisites: ECON 960 [Min Grade: C]

ECON 962 Open Economy Macroeconomics 3.0 Credits

This course emphasizes macroeconomic issues and policies in an open-economy setting. Topics covered include: monetary and exchange rate regimes, international capital flows, and current issues in international macroeconomic policy.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit
Prerequisites: ECON 920 [Min Grade: C] and ECON 940 [Min Grade: C]

ECON 964 Economic Development 3.0 Credits

This course examines a number of theoretical and empirical issues in economic development of underdeveloped economies, including topics dealing with growth, inequality, human capital, the relationship between international trade and economics development, and credit and labor market imperfections.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit
Prerequisites: ECON 910 [Min Grade: C]

ECON 969 International Trade Seminar 3.0 Credits

This course is the last of a three-course sequence of international trade at the graduate level. The course will be jointly taught by faculty with expertise in theoretical and/or empirical aspects of international trade and public policy.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit
Prerequisites: ECON 960 [Min Grade: C] and ECON 961 [Min Grade: C]

ECON 979 Open Economy Macro Seminar 3.0 Credits

The objective of the course is to introduce students to current/relevant topics in open economy macroeconomics (OEM) and international finance (IF) and get them started on their own individual research. The course emphasizes international macroeconomic and financial topics in an open-economy setting and relevant international policy issues. The course is organized as a broad-based reading on main issues in OEM/IF and producing and presenting a research paper.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit
Prerequisites: ECON 962 [Min Grade: C]

ECON 980 Game Theory 3.0 Credits

This course introduces concepts and tools of game theory as they enter into business and economics research. Topics to be covers include Nash equilibrium, games in extensive form and repeated games, together with critical and scholarly controversies about game theory.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit

ECON 998 Dissertation Research in Economics 1.0-12.0 Credit

College/Department: LeBow College of Business
Repeat Status: Can be repeated multiple times for credit

ECON I599 Independent Study in ECON 12.0 Credits

Self-directed within the area of study requiring intermittent consultation with a designated instructor.

College/Department: LeBow College of Business
Repeat Status: Can be repeated multiple times for credit

ECON I699 Independent Study in ECON 0.5-12.0 Credits

Self-directed within the area of study requiring intermittent consultation with a designated instructor.

College/Department: LeBow College of Business
Repeat Status: Can be repeated multiple times for credit

ECON I799 Independent Study in ECON 12.0 Credits

Self-directed within the area of study requiring intermittent consultation with a designated instructor.

College/Department: LeBow College of Business
Repeat Status: Can be repeated multiple times for credit

ECON I899 Independent Study in ECON 12.0 Credits

Self-directed within the area of study requiring intermittent consultation with a designated instructor.

College/Department: LeBow College of Business
Repeat Status: Can be repeated multiple times for credit

ECON I999 Independent Study in ECON 3.0 Credits

Self-directed within the area of study requiring intermittent consultation with a designated instructor.

College/Department: LeBow College of Business
Repeat Status: Can be repeated 3 times for 9 credits

ECON T580 Special Topics in ECON 12.0 Credits

Topics decided upon by faculty will vary within the area of study.

College/Department: LeBow College of Business
Repeat Status: Can be repeated multiple times for credit

ECON T680 Special Topics in ECON 0.5-9.0 Credits

Topics decided upon by faculty will vary within the area of study.

College/Department: LeBow College of Business
Repeat Status: Can be repeated multiple times for credit

ECON T780 Special Topics in ECON 12.0 Credits

Topics decided upon by faculty will vary within the area of study.

College/Department: LeBow College of Business
Repeat Status: Can be repeated multiple times for credit

ECON T880 Special Topics in ECON 12.0 Credits

Topics decided upon by faculty will vary within the area of study.

College/Department: LeBow College of Business
Repeat Status: Can be repeated multiple times for credit

ECON T980 Special Topics in ECON 0.5-9.0 Credits

Topics decided upon by faculty will vary within the area of study.

College/Department: LeBow College of Business
Repeat Status: Can be repeated multiple times for credit

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