Class Schedules

Accounting is the language of business. One of the objectives of this course is to learn that "language." The emphasis will be on understanding financial statements both for profit and non-profit organizations. International accounting, ethics and investment decisions are also covered. This course is designed for students who desire an understanding of the elements of accounting as a component of a liberal arts education as well as for those who would like to study further in accounting or business. This course counts as a Group B elective.

General Education Requirements:

Distribution Requirements:

Course Materials

Accounting is the language of business. One of the objectives of this course is to learn that "language." The emphasis will be on understanding financial statements both for profit and non-profit organizations. International accounting, ethics and investment decisions are also covered. This course is designed for students who desire an understanding of the elements of accounting as a component of a liberal arts education as well as for those who would like to study further in accounting or business. This course counts as a Group B elective.

General Education Requirements:

Distribution Requirements:

Course Materials

Economics is the study of how people make decisions and how these decisions apply to real-world problems. Economics can help us understand income inequality within and across countries, the quality of the environment, unemployment, poverty, crime, health care, financial crises, technological change, inflation and many more issues. This course introduces the basic tools that economists use to explore these topics and will cover fundamental economic concepts like scarcity, supply and demand, costs and benefits, trade-offs, and incentives. This course is a one semester overview of both microeconomics (the study of choices firms and individual consumers make) and macroeconomics (the study of the economy as a whole). This course counts as a Group E economics course and is the prerequisite for 200-level E courses in the Economics Department.

General Education Requirements:
Quantitative Thinking Q3

Distribution Requirements:
Social science

Course Materials

Economics is the study of how people make decisions and how these decisions apply to real-world problems. Economics can help us understand income inequality within and across countries, the quality of the environment, unemployment, poverty, crime, health care, financial crises, technological change, inflation and many more issues. This course introduces the basic tools that economists use to explore these topics and will cover fundamental economic concepts like scarcity, supply and demand, costs and benefits, trade-offs, and incentives. This course is a one semester overview of both microeconomics (the study of choices firms and individual consumers make) and macroeconomics (the study of the economy as a whole). This course counts as a Group E economics course and is the prerequisite for 200-level E courses in the Economics Department.

General Education Requirements:
Quantitative Thinking Q3

Distribution Requirements:
Social science

Course Materials

Economics is the study of how people make decisions and how these decisions apply to real-world problems. Economics can help us understand income inequality within and across countries, the quality of the environment, unemployment, poverty, crime, health care, financial crises, technological change, inflation and many more issues. This course introduces the basic tools that economists use to explore these topics and will cover fundamental economic concepts like scarcity, supply and demand, costs and benefits, trade-offs, and incentives. This course is a one semester overview of both microeconomics (the study of choices firms and individual consumers make) and macroeconomics (the study of the economy as a whole). This course counts as a Group E economics course and is the prerequisite for 200-level E courses in the Economics Department.

General Education Requirements:
Quantitative Thinking Q3

Distribution Requirements:
Social science

Course Materials

This course explores the theoretical foundations and empirical realities of international trade flows, commercial policies (tariffs, quotas, etc.) and international finance. The course emphasizes the welfare implications of international trade and commercial policies and links these to discussion of disputes over international trade agreements. The international finance portion of the course covers the foreign exchange market, balance of payments analysis and an introduction to open economy macroeconomics. Recommended for students majoring in international studies. This course counts as a Group E elective. Prerequisite(s): ECON 119 or ECON 129. C- or higher required for all prerequisites.

General Education Requirements:
Internationalism

Distribution Requirements:
Social science

Course Materials

This course will provide a one semester overview of investment banks. The role of equity capital markets, debt capital markets, research, sales and trading, and investment banking will be covered. Basic corporate finance techniques will be introduced. Current financial issues in the business world will be reviewed. Classroom work, case studies, and outside speakers will be utilized. The key objectives of this course are for students to obtain a solid understanding of the various disciplines within the investment banking field and to prepare themselves for interviews and internships. The course is well suited for students who are contemplating a career in investment banking, banking, or corporate finance. This course counts as a Group B elective. Prerequisite(s): ECON 113; and ECON 119 or ECON 129. C- or higher required for all prerequisites.

General Education Requirements:

Distribution Requirements:

Course Materials

Varies by semester. Consult the department or class schedule for current listing. Prerequisite(s): ECON 119 or ECON 129 or permission of instructor.

General Education Requirements:
U.S. Identities and Differences

Distribution Requirements:
Social science

Course Materials

Gender Economics explores gender issues from an economic perspective within diverse societies. This course investigates theoretical frameworks and empirical analyses to examine the changes in labor force participation, the gender gap in pay, workplace discrimination, social norms, household decision-making, and human capital. Through a multidisciplinary approach drawing from economics, sociology, and feminist theory, students critically assess topics such as the gender wage gap, occupational segregation, caregiving responsibilities, and the impact of policy interventions on gender equality. By engaging with contemporary research and real-world case studies, students will develop a nuanced understanding of the intersections between gender, economics, and social justice, preparing them to navigate complex issues in both academic and professional spheres.

General Education Requirements:

Distribution Requirements:
Social science

Course Materials

This course provides an introduction to the economics of health and healthcare, examining how economic principles are applied within the healthcare system. Students will explore key topics such as the demand for healthcare services, the structure of health insurance markets, healthcare provider behavior, and the role of government in the sector. Through both theoretical and empirical approaches, the course equips students with tools to analyze healthcare policies and address major challenges facing the health sector. Special emphasis is placed on current policy issues, including healthcare disparities, cost control, health insurance reform, the Affordable Care Act, public health interventions, drug development and regulation, and the reproductive rights of women.

General Education Requirements:

Distribution Requirements:
Social science

Course Materials

Game theory is the branch of economics that explores how your actions are influenced by the actions of others. Whereas the principles of economics often abstract market participants to be mostly identical, game theory models the way information, timing, patience, and other participants influence your choices and constraints. Despite its name, game theory is not just a study of leisure. Its toolkit is applied to plan strategic behavior in business, establish property rights, inform criminology, set prices, and study any system of actors where the choices they make will influence the choices of others. The class will introduce you to the key components of a game, discuss some of game theory's practical applications, and showcase situations where game theorists predict strategic behavior. This will cover how game theorists developed tools to explain your behavior when perfect competition is unrealistic.

General Education Requirements:

Distribution Requirements:
Social science

Course Materials

Game theory is the branch of economics that explores how your actions are influenced by the actions of others. Whereas the principles of economics often abstract market participants to be mostly identical, game theory models the way information, timing, patience, and other participants influence your choices and constraints. Despite its name, game theory is not just a study of leisure. Its toolkit is applied to plan strategic behavior in business, establish property rights, inform criminology, set prices, and study any system of actors where the choices they make will influence the choices of others. The class will introduce you to the key components of a game, discuss some of game theory’s practical applications, and showcase situations where game theorists predict strategic behavior. This will cover how game theorists developed tools to explain your behavior when perfect competition is unrealistic.

General Education Requirements:

Distribution Requirements:
Social science

Course Materials

The structure, operation, regulation and economic role of financial markets and institutions; fundamental security analysis and present-value techniques; forecasts of earnings and analysis of yields on stocks and bonds; the portfolio theory and characteristic lines, betas and mutual-fund ratings; futures and options markets. This course counts as a Group E elective. Prerequisite(s): ECON 113; and ECON 119 or ECON 129. C- or higher required for all prerequisites.

General Education Requirements:
Writing WP

Distribution Requirements:
Social science

Course Materials

In microeconomics, we study how individuals make economic choices. We pose questions like: What influences consumers' purchasing decisions? Will firms replace employees with machines if the minimum wage increases? How do concentrated markets (e.g., airlines, Amazon) affect consumers? If a firm can set different prices for different consumers, what set of prices will be optimal? How do risk and uncertainty affect investment decisions? What is the efficient amount of pollution? What role should governments play in providing resources for public goods like parks? In this course, we derive models of constrained choice to examine fundamental tradeoffs faced by individuals, firms, and governments when making economic decisions and to determine how such decisions influence market outcomes and well-being. This course counts as a Group E elective. Prerequisite(s): MATH 135 or MATH 137, and one 200-level Economics course from Group E electives. Not open to first-year students except by permission of the instructor. C- or higher required for all prerequisites.

General Education Requirements:
Quantitative Thinking Q3

Distribution Requirements:
Social science

Course Materials

In microeconomics, we study how individuals make economic choices. We pose questions like: What influences consumers' purchasing decisions? Will firms replace employees with machines if the minimum wage increases? How do concentrated markets (e.g., airlines, Amazon) affect consumers? If a firm can set different prices for different consumers, what set of prices will be optimal? How do risk and uncertainty affect investment decisions? What is the efficient amount of pollution? What role should governments play in providing resources for public goods like parks? In this course, we derive models of constrained choice to examine fundamental tradeoffs faced by individuals, firms, and governments when making economic decisions and to determine how such decisions influence market outcomes and well-being. This course counts as a Group E elective. Prerequisite(s): MATH 135 or MATH 137, and one 200-level Economics course from Group E electives. Not open to first-year students except by permission of the instructor. C- or higher required for all prerequisites.

General Education Requirements:
Quantitative Thinking Q3

Distribution Requirements:
Social science

Course Materials

This course will introduce students to microeconomics based, dynamic general equilibrium models of the aggregate economy. These models will be used to address the three main questions of macroeconomics: What causes long-term economic growth to vary over time and across countries? Which forces drive fluctuations in economic activity and inflation throughout the business cycle? What role, if any, do monetary and fiscal policy play in fostering economic growth and minimizing economic fluctuations? This is one of the four courses required for the economics major. Prerequisite(s): ECON 361 or permission of instructor. C- or higher required for all prerequisites.

General Education Requirements:

Distribution Requirements:
Social science

Course Materials

This course will introduce students to microeconomics based, dynamic general equilibrium models of the aggregate economy. These models will be used to address the three main questions of macroeconomics: What causes long-term economic growth to vary over time and across countries? Which forces drive fluctuations in economic activity and inflation throughout the business cycle? What role, if any, do monetary and fiscal policy play in fostering economic growth and minimizing economic fluctuations? This is one of the four courses required for the economics major. Prerequisite(s): ECON 361 or permission of instructor. C- or higher required for all prerequisites.

General Education Requirements:

Distribution Requirements:
Social science

Course Materials

Econometrics is the theory and practice of analyzing economic data. We investigate and implement methods economists use to test theories, evaluate and establish causal inference, and conduct economic forecasts. Students learn to design, conduct, and evaluate empirical work in economics and other social sciences. We apply acquired skills through a final research project that integrates secondary research, economic theory, and econometric analysis. We take a "hands on" approach by practicing each week's material in the Economics Department's computer lab. This course counts as a Group E elective. Prerequisite(s): ECON 361; and one of the following: STAT 155 or GEOG 378 or PSYC 201. A grade of C- or higher required for all prerequisites.

General Education Requirements:
Writing WA

Distribution Requirements:
Social science

Course Materials

Econometrics is the theory and practice of analyzing economic data. We investigate and implement methods economists use to test theories, evaluate and establish causal inference, and conduct economic forecasts. Students learn to design, conduct, and evaluate empirical work in economics and other social sciences. We apply acquired skills through a final research project that integrates secondary research, economic theory, and econometric analysis. We take a "hands on" approach by practicing each week's material in the Economics Department's computer lab. This course counts as a Group E elective. Prerequisite(s): ECON 361; and one of the following: STAT 155 or GEOG 378 or PSYC 201. A grade of C- or higher required for all prerequisites.

General Education Requirements:
Writing WA

Distribution Requirements:
Social science

Course Materials

Econometrics is the theory and practice of analyzing economic data. We investigate and implement methods economists use to test theories, evaluate and establish causal inference, and conduct economic forecasts. Students learn to design, conduct, and evaluate empirical work in economics and other social sciences. We apply acquired skills through a final research project that integrates secondary research, economic theory, and econometric analysis. We take a "hands on" approach by practicing each week's material in the Economics Department's computer lab. This course counts as a Group E elective. Prerequisite(s): ECON 361; and one of the following: STAT 155 or GEOG 378 or PSYC 201. A grade of C- or higher required for all prerequisites.

General Education Requirements:

Distribution Requirements:

Course Materials

Econometrics is the theory and practice of analyzing economic data. We investigate and implement methods economists use to test theories, evaluate and establish causal inference, and conduct economic forecasts. Students learn to design, conduct, and evaluate empirical work in economics and other social sciences. We apply acquired skills through a final research project that integrates secondary research, economic theory, and econometric analysis. We take a "hands on" approach by practicing each week's material in the Economics Department's computer lab. This course counts as a Group E elective. Prerequisite(s): ECON 361; and one of the following: STAT 155 or GEOG 378 or PSYC 201. A grade of C- or higher required for all prerequisites.

General Education Requirements:

Distribution Requirements:

Course Materials

Industrial organization (IO) studies how firms behave in markets. The field has theoretical foundations in comparative analysis and game theory. Most work in the field models strategic decision-making among firms to understand how their interactions affect profits, consumer welfare, and economic efficiency. This class is divided into three sections. The first covers the basic theory underlying modern empirical industrial organization, focusing on classical static IO models. The second section briefly reviews the history of empirical IO and covers workhorse empirical methods for analyzing market outcomes. The last will examine recent papers that synthesize the material covered in class, including trends in competition policy and market concentration in the tech industry. This course counts as a Group E elective. It is NOT a capstone course. It meets concurrently with ECON 406. Prerequisite(s): ECON 361 and ECON 381, or permission of instructor. C- or higher required for all prerequisites.

General Education Requirements:

Distribution Requirements:
Social science

Course Materials

Industrial organization (IO) studies how firms behave in markets. The field has theoretical foundations in comparative analysis and game theory. Most work in the field models strategic decision-making among firms to understand how their interactions affect profits, consumer welfare, and economic efficiency. This class is divided into three sections. The first covers the basic theory underlying modern empirical industrial organization, focusing on classical static IO models. The second section briefly reviews the history of empirical IO and covers workhorse empirical methods for analyzing market outcomes. The last will examine recent papers that synthesize the material covered in class, including trends in competition policy and market concentration in the tech industry. This course counts as a Group E elective. It is a capstone course. It meets concurrently with ECON 405. Prerequisite(s): ECON 361 and ECON 381, or permission of instructor. C- or higher required for all prerequisites.

General Education Requirements:

Distribution Requirements:
Social science

Course Materials

By taking this course, students will learn to interpret and conduct technical economic analysis of public policies. Students will apply their knowledge of micro- and macroeconomic theory and econometrics to study the economics of controversial and important policies. Sample policy areas might include climate change, health care, anti-poverty programs, affirmative action, income inequality, income redistribution via the tax system, public transit, immigration, education, gun control, and minimum or living-wage laws. While the course usually focuses on examples from the United States, it presents tools and frameworks that are applicable in any context. The course grade will be based on group and individual presentations and policy briefs relating to specific policies, homework, and a capstone-level research project. The project consists of a policy, econometric, or theoretical analysis of a public policy chosen by the student. This course counts as a Group E elective. It is NOT a capstone course. Meets concurrently with ECON 432. Prerequisite(s): ECON 361, ECON 371, and ECON 381. C- or higher required for all prerequisites.

General Education Requirements:
Writing WA

Distribution Requirements:
Social science

Course Materials

By taking this course, students will learn to interpret and conduct technical economic analysis of public policies. Students will apply their knowledge of micro- and macroeconomic theory and econometrics to study the economics of controversial and important policies. Sample policy areas might include climate change, health care, anti-poverty programs, affirmative action, income inequality, income redistribution via the tax system, public transit, immigration, education, gun control, and minimum or living-wage laws. While the course usually focuses on examples from the United States, it presents tools and frameworks that are applicable in any context. The course grade will be based on group and individual presentations and policy briefs relating to specific policies, homework, and a capstone-level research project. The project consists of a policy, econometric, or theoretical analysis of a public policy chosen by the student. This course counts as a Group E elective. It is a capstone course. Meets concurrently with ECON 421. Prerequisite(s): ECON 361, ECON 371, and ECON 381, all earned with a minimum grade of C-.

General Education Requirements:
Writing WA

Distribution Requirements:
Social science

Course Materials

This course uses theoretical and empirical research to examine the economics of work from both the point of view of the firm and the worker. Economic tools will be used to analyze some of the important issues relevant to labor economics, such as labor force participation, the division of labor within the household, occupational choice, investments in education, minimum wage legislation, wage elasticities, employment-hours tradeoff, labor market discrimination, unions, and job search.  This course counts as a Group E elective. It is NOT a capstone course. Meets concurrently with ECON 442. Prerequisite(s): ECON 361, ECON 371, ECON 381

General Education Requirements:

Distribution Requirements:
Social science

Course Materials

This course uses theoretical and empirical research to examine the economics of work from both the point of view of the firm and the worker. Economic tools will be used to analyze some of the important issues relevant to labor economics, such as labor force participation, the division of labor within the household, occupational choice, investments in education, minimum wage legislation, wage elasticities, employment-hours tradeoff, labor market discrimination, unions, and job search.  This course counts as a Group E elective. Prerequisite(s): ECON 361, ECON 371, and ECON 381. C- or higher required for all prerequisites.

General Education Requirements:

Distribution Requirements:
Social science

Course Materials

This class teaches students how to profit from financial markets using quantitative trading strategies. The course mainly covers stock and currency markets, in which fundamental and technical analyses are conducted to forecast asset prices and design trading strategies. The strategies are scientifically backtested and applied in simulated trading for real performance evaluation.  This course counts as a Group E elective. It is NOT a capstone course. It meets concurrently with ECON 486. Prerequisite(s): ECON 356 and ECON 381, MATH 135 (or MATH 137) and MATH 236. C- or higher required for all prerequisites.

General Education Requirements:

Distribution Requirements:
Social science

Course Materials

This class teaches students how to profit from financial markets using quantitative trading strategies. The course mainly covers stock and currency markets, in which fundamental and technical analyses are conducted to forecast asset prices and design trading strategies. The strategies are scientifically backtested and applied in simulated trading for real performance evaluation. This course counts as a Group E elective. It is a capstone course. It meets concurrently with ECON 485. Prerequisite(s): ECON 356 and ECON 381, MATH 135 (or MATH 137 ) and MATH 236. C- or higher required for all prerequisites.

General Education Requirements:

Distribution Requirements:
Social science

Course Materials

Accounting is the language of business. One of the objectives of this course is to learn that "language." The emphasis will be on understanding financial statements both for profit and non-profit organizations. International accounting, ethics and investment decisions are also covered. This course is designed for students who desire an understanding of the elements of accounting as a component of a liberal arts education as well as for those who would like to study further in accounting or business. This course counts as a Group B elective.

General Education Requirements:

Distribution Requirements:

Course Materials

Business Negotiations will cover frameworks useful in negotiating business agreements, but the negotiating skills learned can be helpful in many settings.  Starting with the classic text "Getting to Yes", students in this course will learn to implement a principled approach to negotiating by focusing on the true interests of the negotiating parties, brainstorming to find ways to improve the outcome of all parties, and identifying and defusing the most common "dirty tricks" of unprincipled negotiators.  In class, students will practice negotiating each week, in a series of one-on-one and multi-party negotiating exercises.  Case studies will be discussed and alumni will be invited to share negotiating experiences. This course counts as a Group B elective.

General Education Requirements:

Distribution Requirements:

Course Materials

Economics is the study of how people make decisions and how these decisions apply to real-world problems. Economics can help us understand income inequality within and across countries, the quality of the environment, unemployment, poverty, crime, health care, financial crises, technological change, inflation and many more issues. This course introduces the basic tools that economists use to explore these topics and will cover fundamental economic concepts like scarcity, supply and demand, costs and benefits, trade-offs, and incentives. This course is a one semester overview of both microeconomics (the study of choices firms and individual consumers make) and macroeconomics (the study of the economy as a whole). This course counts as a Group E economics course and is the prerequisite for 200-level E courses in the Economics Department.

General Education Requirements:
Quantitative Thinking Q3

Distribution Requirements:
Social science

Course Materials

Economics is the study of how people make decisions and how these decisions apply to real-world problems. Economics can help us understand income inequality within and across countries, the quality of the environment, unemployment, poverty, crime, health care, financial crises, technological change, inflation and many more issues. This course introduces the basic tools that economists use to explore these topics and will cover fundamental economic concepts like scarcity, supply and demand, costs and benefits, trade-offs, and incentives. This course is a one semester overview of both microeconomics (the study of choices firms and individual consumers make) and macroeconomics (the study of the economy as a whole). This course counts as a Group E economics course and is the prerequisite for 200-level E courses in the Economics Department.

General Education Requirements:
Quantitative Thinking Q3

Distribution Requirements:
Social science

Course Materials

Economics is the study of how people make decisions and how these decisions apply to real-world problems. Economics can help us understand income inequality within and across countries, the quality of the environment, unemployment, poverty, crime, health care, financial crises, technological change, inflation and many more issues. This course introduces the basic tools that economists use to explore these topics and will cover fundamental economic concepts like scarcity, supply and demand, costs and benefits, trade-offs, and incentives. This course is a one semester overview of both microeconomics (the study of choices firms and individual consumers make) and macroeconomics (the study of the economy as a whole). This course counts as a Group E economics course and is the prerequisite for 200-level E courses in the Economics Department.

General Education Requirements:
Quantitative Thinking Q3

Distribution Requirements:
Social science

Course Materials

Economics is the study of how people make decisions and how these decisions apply to real-world problems. Economics can help us understand income inequality within and across countries, the quality of the environment, unemployment, poverty, crime, health care, financial crises, technological change, inflation and many more issues. This course introduces the basic tools that economists use to explore these topics and will cover fundamental economic concepts like scarcity, supply and demand, costs and benefits, trade-offs, and incentives. This course is a one semester overview of both microeconomics (the study of choices firms and individual consumers make) and macroeconomics (the study of the economy as a whole). This course counts as a Group E economics course and is the prerequisite for 200-level E courses in the Economics Department.

General Education Requirements:
Quantitative Thinking Q3

Distribution Requirements:
Social science

Course Materials

Economics is the study of how people make decisions and how these decisions apply to real-world problems. Economics can help us understand income inequality within and across countries, the quality of the environment, unemployment, poverty, crime, health care, financial crises, technological change, inflation and many more issues. This course introduces the basic tools that economists use to explore these topics and will cover fundamental economic concepts like scarcity, supply and demand, costs and benefits, trade-offs, and incentives. This course is a one semester overview of both microeconomics (the study of choices firms and individual consumers make) and macroeconomics (the study of the economy as a whole). This course counts as a Group E economics course and is the prerequisite for 200-level E courses in the Economics Department.

General Education Requirements:
Quantitative Thinking Q3

Distribution Requirements:
Social science

Course Materials

Economics is the study of how people make decisions and how these decisions apply to real-world problems. Economics can help us understand income inequality within and across countries, the quality of the environment, unemployment, poverty, crime, health care, financial crises, technological change, inflation and many more issues. This course introduces the basic tools that economists use to explore these topics and will cover fundamental economic concepts like scarcity, supply and demand, costs and benefits, trade-offs, and incentives. This course is a one semester overview of both microeconomics (the study of choices firms and individual consumers make) and macroeconomics (the study of the economy as a whole). This course counts as a Group E economics course and is the prerequisite for 200-level E courses in the Economics Department.

General Education Requirements:
Quantitative Thinking Q3

Distribution Requirements:
Social science

Course Materials

This course focuses on theories and applications of Entrepreneurship to identify opportunities and solve problems around the world. Students will learn contemporary methodologies used in startup companies and early stage organizations including: Lean Startup and Human Centered Design methodologies and the Business Model Canvas framework. Students spend the semester working in teams to apply the methodologies to identify a problem and develop a solution. For their final project students will prepare a plan for their solution and present it to an external audience. This course is open to those who are interested in social entrepreneurship as well. This course counts as a Group B elective. Note: Not available to students who took Social Entrepreneurship during the fall 2016 semester. Prerequisite(s): ECON 119 or ECON 129. C- or higher required for all prerequisites.

General Education Requirements:

Distribution Requirements:
Social science

Course Materials

This course explores the US labor market and the policies that influence it. We will apply and extend models from Principles of Economics to understand how market forces and government policies shape the experience of work in the US. We will address questions about labor force participation, the determinants of wages and causes of income inequality, labor market discrimination, and the effects of policies like the minimum wage, unemployment insurance, and unionization. The course will provide an introduction to economic questions you may find it interesting to pursue in later course-based or independent research, but it is also helpful to those simply trying to make sense of media reporting about the job market or new policies. Prerequisite(s): ECON 119

General Education Requirements:
U.S. Identities and Differences

Distribution Requirements:
Social science

Course Materials

Over the past three decades, China has been one of the most dynamic and fastest growing countries in the world. Why has China grown so fast? What are the keys to developing a successful business in China? How does the emergence of China affect the world economy? This course is designed to answer these questions using a general framework developed for the Chinese economy. China remains a communist country with a significant legacy of a command economy. But it is also a market economy. Understanding this mixture - capitalism with Chinese characters - is a major aim of this course. We will begin with several classes on the historical development of the Chinese economy. This includes the nature of the command economy developed during the Maoist era and the period of economic reform under Deng Xiaoping. Then we will investigate the main players of such an economy (central/local governments and various types of firms). The next step is to analyze the three growth engines--globalization, industrialization and urbanization--and to show how they are interacted. We will also study the distorted state financial system and its implication for external imbalances. The last part of the course will focus on the future of the Chinese economy. This course counts as a group E elective. Prerequisite: ECON 119.

General Education Requirements:

Distribution Requirements:
Social science

Course Materials

Over the past three decades, China has been one of the most dynamic and fastest growing countries in the world. Why has China grown so fast? What are the keys to developing a successful business in China? How does the emergence of China affect the world economy? This course is designed to answer these questions using a general framework developed for the Chinese economy. China remains a communist country with a significant legacy of a command economy. But it is also a market economy. Understanding this mixture - capitalism with Chinese characters - is a major aim of this course. We will begin with several classes on the historical development of the Chinese economy. This includes the nature of the command economy developed during the Maoist era and the period of economic reform under Deng Xiaoping. Then we will investigate the main players of such an economy (central/local governments and various types of firms). The next step is to analyze the three growth engines--globalization, industrialization and urbanization--and to show how they are interacted. We will also study the distorted state financial system and its implication for external imbalances. The last part of the course will focus on the future of the Chinese economy. This course counts as a group E elective. Prerequisite: ECON 119.

General Education Requirements:

Distribution Requirements:
Social science

Course Materials

Game theory is the branch of economics that explores how your actions are influenced by the actions of others. Whereas the principles of economics often abstract market participants to be mostly identical, game theory models the way information, timing, patience, and other participants influence your choices and constraints. Despite its name, game theory is not just a study of leisure. Its toolkit is applied to plan strategic behavior in business, establish property rights, inform criminology, set prices, and study any system of actors where the choices they make will influence the choices of others. The class will introduce you to the key components of a game, discuss some of game theory’s practical applications, and showcase situations where game theorists predict strategic behavior. This will cover how game theorists developed tools to explain your behavior when perfect competition is unrealistic.

General Education Requirements:

Distribution Requirements:
Social science

Course Materials

When do self-directed markets fail to deliver the best outcome for everyone involved? How can we use policy to correct market failures? Public Economics is the study of publicly provided goods, taxation, government budgeting, the market's ripple effects on community stakeholders, strategies groups use to make decisions as a collective, and ways to promote the general well-being. This class will begin with a review of household and firm behavior, and then introduce some of the practical considerations of taxation, cover different ways to evaluate the effects of taxation on public welfare, introduce tools to address problems in the absence of a market, and discuss what makes the economics of the nonprofit sector different from the private sector. This course was formerly called "Public Economics". If you have already taken Public Economics, then you have already taken this class.

General Education Requirements:

Distribution Requirements:
Social science

Course Materials

This course explores how individuals depart from traditional economic assumptions of full rationality. We will examine core concepts such as prospect theory, intertemporal choice, social preferences (e.g. altruism, social norms, and peer effects), and identity economics, drawing on experimental and empirical evidence. The course will also cover applications to public policy, market behavior, and economic decision-making.

General Education Requirements:

Distribution Requirements:
Social science

Course Materials

This course explores how individuals depart from traditional economic assumptions of full rationality. We will examine core concepts such as prospect theory, intertemporal choice, social preferences (e.g. altruism, social norms, and peer effects), and identity economics, drawing on experimental and empirical evidence. The course will also cover applications to public policy, market behavior, and economic decision-making.

General Education Requirements:

Distribution Requirements:
Social science

Course Materials

Planning is the key to business success. How do firms plan for the future? Setting objectives and budgets. Evaluating and rewarding employee performance. Controlling inventory, cash budgeting, and capital budgeting. Extensive use of case studies and group work. This course counts as a Group B elective. Prerequisite(s): ECON 113. C- or higher required for all prerequisites.

General Education Requirements:

Distribution Requirements:

Course Materials

In microeconomics, we study how individuals make economic choices. We pose questions like: What influences consumers' purchasing decisions? Will firms replace employees with machines if the minimum wage increases? How do concentrated markets (e.g., airlines, Amazon) affect consumers? If a firm can set different prices for different consumers, what set of prices will be optimal? How do risk and uncertainty affect investment decisions? What is the efficient amount of pollution? What role should governments play in providing resources for public goods like parks? In this course, we derive models of constrained choice to examine fundamental tradeoffs faced by individuals, firms, and governments when making economic decisions and to determine how such decisions influence market outcomes and well-being. This course counts as a Group E elective. Prerequisite(s): MATH 135 or MATH 137, and one 200-level Economics course from Group E electives. Not open to first-year students except by permission of the instructor. C- or higher required for all prerequisites.

General Education Requirements:
Quantitative Thinking Q3

Distribution Requirements:
Social science

Course Materials

In microeconomics, we study how individuals make economic choices. We pose questions like: What influences consumers' purchasing decisions? Will firms replace employees with machines if the minimum wage increases? How do concentrated markets (e.g., airlines, Amazon) affect consumers? If a firm can set different prices for different consumers, what set of prices will be optimal? How do risk and uncertainty affect investment decisions? What is the efficient amount of pollution? What role should governments play in providing resources for public goods like parks? In this course, we derive models of constrained choice to examine fundamental tradeoffs faced by individuals, firms, and governments when making economic decisions and to determine how such decisions influence market outcomes and well-being. This course counts as a Group E elective. Prerequisite(s): MATH 135 or MATH 137, and one 200-level Economics course from Group E electives. Not open to first-year students except by permission of the instructor. C- or higher required for all prerequisites.

General Education Requirements:
Quantitative Thinking Q3

Distribution Requirements:
Social science

Course Materials

This course will introduce students to microeconomics based, dynamic general equilibrium models of the aggregate economy. These models will be used to address the three main questions of macroeconomics: What causes long-term economic growth to vary over time and across countries? Which forces drive fluctuations in economic activity and inflation throughout the business cycle? What role, if any, do monetary and fiscal policy play in fostering economic growth and minimizing economic fluctuations? This is one of the four courses required for the economics major. Prerequisite(s): ECON 361 or permission of instructor. C- or higher required for all prerequisites.

General Education Requirements:

Distribution Requirements:
Social science

Course Materials

This course will introduce students to microeconomics based, dynamic general equilibrium models of the aggregate economy. These models will be used to address the three main questions of macroeconomics: What causes long-term economic growth to vary over time and across countries? Which forces drive fluctuations in economic activity and inflation throughout the business cycle? What role, if any, do monetary and fiscal policy play in fostering economic growth and minimizing economic fluctuations? This is one of the four courses required for the economics major. Prerequisite(s): ECON 361 or permission of instructor. C- or higher required for all prerequisites.

General Education Requirements:

Distribution Requirements:
Social science

Course Materials

Econometrics is the theory and practice of analyzing economic data. We investigate and implement methods economists use to test theories, evaluate and establish causal inference, and conduct economic forecasts. Students learn to design, conduct, and evaluate empirical work in economics and other social sciences. We apply acquired skills through a final research project that integrates secondary research, economic theory, and econometric analysis. We take a "hands on" approach by practicing each week's material in the Economics Department's computer lab. This course counts as a Group E elective. Prerequisite(s): ECON 361; and one of the following: STAT 155 or GEOG 278 or PSYC 201. A grade of C- or higher required for all prerequisites.

General Education Requirements:
Writing WA

Distribution Requirements:
Social science

Course Materials

Econometrics is the theory and practice of analyzing economic data. We investigate and implement methods economists use to test theories, evaluate and establish causal inference, and conduct economic forecasts. Students learn to design, conduct, and evaluate empirical work in economics and other social sciences. We apply acquired skills through a final research project that integrates secondary research, economic theory, and econometric analysis. We take a "hands on" approach by practicing each week's material in the Economics Department's computer lab. This course counts as a Group E elective. Prerequisite(s): ECON 361; and one of the following: STAT 155 or GEOG 278 or PSYC 201. A grade of C- or higher required for all prerequisites.

General Education Requirements:
Writing WA

Distribution Requirements:
Social science

Course Materials

Econometrics is the theory and practice of analyzing economic data. We investigate and implement methods economists use to test theories, evaluate and establish causal inference, and conduct economic forecasts. Students learn to design, conduct, and evaluate empirical work in economics and other social sciences. We apply acquired skills through a final research project that integrates secondary research, economic theory, and econometric analysis. We take a "hands on" approach by practicing each week's material in the Economics Department's computer lab. This course counts as a Group E elective. Prerequisite(s): ECON 361; and one of the following: STAT 155 or GEOG 278 or PSYC 201. A grade of C- or higher required for all prerequisites.

General Education Requirements:
Writing WA

Distribution Requirements:
Social science

Course Materials

Econometrics is the theory and practice of analyzing economic data. We investigate and implement methods economists use to test theories, evaluate and establish causal inference, and conduct economic forecasts. Students learn to design, conduct, and evaluate empirical work in economics and other social sciences. We apply acquired skills through a final research project that integrates secondary research, economic theory, and econometric analysis. We take a "hands on" approach by practicing each week's material in the Economics Department's computer lab. This course counts as a Group E elective. Prerequisite(s): ECON 361; and one of the following: STAT 155 or GEOG 278 or PSYC 201. A grade of C- or higher required for all prerequisites.

General Education Requirements:
Writing WA

Distribution Requirements:
Social science

Course Materials

In this class, we study the economics of development in low-income countries and communities primarily in the Global South, from multiple perspectives and approaches. We primarily focus on the microeconomics of development economics. We explore both theoretical and empirical methodology in modern development economics.  Topics we cover include: economic growth, fertility, health, cash transfers, rural labor markets, credit markets, and land markets as they relate to development.  This course pushes students to work with datasets from low-income countries, and apply economic theory to problems of development.  We keep an eye toward the relevance and applicability to policy of the topics we cover.  This course counts as a Group E elective. It is NOT a capstone course. Meets concurrently with ECON 426. Prerequisite(s): ECON 361 and ECON 381, each earned with minimum grade of C-.

General Education Requirements:
Internationalism

Distribution Requirements:
Social science

Course Materials

In this class, we study the economics of development in low-income countries and communities primarily in the Global South, from multiple perspectives and approaches. We primarily focus on the microeconomics of development economics. We explore both theoretical and empirical methodology in modern development economics.  Topics we cover include: economic growth, fertility, health, cash transfers, rural labor markets, credit markets, and land markets as they relate to development.  This course pushes students to work with datasets from low-income countries, and apply economic theory to problems of development.  We keep an eye toward the relevance and applicability to policy of the topics we cover. This course counts as a Group E elective. It is a capstone course. Meets concurrently with ECON 425. Prerequisite(s): ECON 361, ECON 371, and ECON 381. C- or higher required for all prerequisites.

General Education Requirements:
Internationalism

Distribution Requirements:
Social science

Course Materials

An honors seminar to enhance the senior capstone requirement. This course counts as a Group E elective. It is a capstone course. Prerequisite(s): Permission of instructor required.

General Education Requirements:

Distribution Requirements:
Social science

Course Materials

This course concentrates on developing and applying economic principles to the decision making process of the firm. Typically the course is taught from the viewpoint of the financial manager of a firm (profit or non-profit). Traditional corporate finance topics will be covered, including: cash flow management, sources of capital, capital budgeting, cost of capital, and financial structure. Recent theoretical developments in the capital asset pricing model and portfolio theory also will be examined. Actual case studies of financial decision making often are included in the course.  This course counts as a Group E elective. Prerequisite(s): ECON 113, ECON 361 and ECON 381. C- or higher required for all prerequisites.

General Education Requirements:

Distribution Requirements:
Social science

Course Materials

Why are some countries poor? Why are some others rich? Can poor countries be rich? If they can, then why are they still poor? If they can't, why? These questions are perhaps the most important ones in Economics, and they are all linked through the field of economic growth. Growth miracles allow countries to move from low- to high-income over a few generations (say, South Korea), yet lack of growth leads to stagnation (say, the "lost decades" in Mexico). This course aims to answer the question "What generates growth?" by introducing the key theoretical models and empirical results that summarize our current understanding of the field. This course counts as a Group E elective. It is NOT a capstone course. It meets concurrently with ECON 478. Prerequisite(s): ECON 371 and ECON 381, each earned with a minimum of C-.

General Education Requirements:

Distribution Requirements:
Social science

Course Materials

Why are some countries poor? Why are some others rich? Can poor countries be rich? If they can, then why are they still poor? If they can't, why? These questions are perhaps the most important ones in Economics, and they are all linked through the field of economic growth. Growth miracles allow countries to move from low- to high-income over a few generations (say, South Korea), yet lack of growth leads to stagnation (say, the "lost decades" in Mexico). This course aims to answer the question "What generates growth?" by introducing the key theoretical models and empirical results that summarize our current understanding of the field. This course counts as a Group E elective. Meets concurrently with ECON 477. Prerequisite(s): ECON 371 and ECON 381, each earned with a minimum of C-.

General Education Requirements:

Distribution Requirements:
Social science

Course Materials