Economics
College of Humanities and Social Sciences

Courses and Syllabi

The University Catalog is the authoritative source for information on courses. The Schedule of Classes is the authoritative source for information on classes scheduled for this semester. See the Schedule for the most up-to-date information and see Patriot web to register for classes.

Select a course code: Select a semester:

Economics Spring 2017

Undergraduate

100-Level Courses in ECON

ECON 103: Contemporary Microeconomic Principles (3 Credits)

Introduces microeconomics in the context of current problems. Explores how market mechanism allocates scarce resources among competing uses; uses supply, demand, production, and distribution theory to analyze problems. Read More »

3 Sections Currently Scheduled

ECON 104: Contemporary Macroeconomic Principles (3 Credits)

Introduces macroeconomics in the context of current problems. National income analysis, money and banking, economic growth and stability, unemployment, inflation, and role of government. Read More »

2 Sections Currently Scheduled

ECON 105: Environmental Economics for the Citizen (3 Credits)

Introduction to economic concepts and how they can be applied to environmental policy issues such as air and water pollution, climate change, natural resource use, and sustainability. Focus is on concepts, policy, and case studies rather than formal modeling exercises. Designated a Green Leaf Course. Read More »

1 Section Currently Scheduled

200-Level Courses in ECON

ECON 296: Special Topics in Economics (3 Credits)

Provides coverage of a specialized topic in economics at the introductory level. Topics vary by section. Read More »

2 Sections Currently Scheduled

300-Level Courses in ECON

ECON 306: Intermediate Microeconomics (3 Credits)

Basic factors of price and distribution theory: analysis of demand, costs of production and supply relationships, and price and output determination under various market structures. Read More »

6 Sections Currently Scheduled »

ECON 308: Managerial Economics and Strategy (3 Credits)

Analysis of major strategic business situations including pricing strategy, incentives and contracts, game theory, and vertical and horizontal integration. Read More »

2 Sections Currently Scheduled

ECON 309: Economic Problems and Public Policies (3 Credits)

Economic problems in light of current and proposed public policies. Topics include environmental issues, international trade policies, and regulatory issues and their historical roots. Read More »

4 Sections Currently Scheduled »

ECON 310: Money and Banking (3 Credits)

Monetary, commercial, and central banking systems, with particular emphasis on their relationship with American government programs, fiscal policies, and controls. Read More »

5 Sections Currently Scheduled »

ECON 311: Intermediate Macroeconomics (3 Credits)

Aggregate economic accounts, including measuring national income; determinants of levels of income and output; and causes and solutions for problems of unemployment, inflation, and economic growth. Read More »

3 Sections Currently Scheduled

  • Section 002 — Jay Cochran — 09:00 AM to 10:15 AM TR — Robinson B111
  • Section 003 — Anthony James Good — 01:30 PM to 02:45 PM TR — Robinson B111
  • Section 004 — Erik W Matson — 07:20 PM to 10:00 PM T — Robinson B111

ECON 330: Public Finance (3 Credits)

Covers intergovernmental financial relationships; types, incidences, and consequences of taxation; other sources of governmental income; governmental expenditures and their effect; public economic enterprises; public borrowing; and debt management and its economic effect. Read More »

1 Section Currently Scheduled

  • Section 001 — Yong J Yoon — 12:00 PM to 01:15 PM TR — Krug Hall 204

ECON 335: Environmental Economics (3 Credits)

Microeconomic analysis of environmental problems. Topics include externalities and market failure, alternative solutions and policies, problems in monitoring and enforcement, economic analysis of development of legislation and regulation, and applications to current policy issues. Designated a Green Leaf Course. Read More »

1 Section Currently Scheduled

  • Section 001 — William McNaught — 01:30 PM to 02:20 PM MWF — Planetary Hall (formerly Science & Tech I) 206

ECON 340: Introduction to Mathematical Economics (3 Credits)

Mathematical treatment of theory of firm and household behavior, stabilization policy, growth theory, input-output analysis, and linear programming. Read More »

1 Section Currently Scheduled

ECON 345: Introduction to Econometrics (3 Credits)

Modern statistical techniques in estimating economic relations. Read More »

2 Sections Currently Scheduled

  • Section 002 — David M Levy — 12:00 PM to 01:15 PM TR — Enterprise Hall 274
  • Section 003 — Robert Edward Dudley — 07:20 PM to 10:00 PM T — Robinson B222

ECON 355: The Political Economy of Nonprofit Institutions (3 Credits)

Applies the basic principles of economics to teach students to think critically about nonprofit institutions. Examines the economics of nonprofit institutions, how incentives influence the evolution of charities, and current issues in nonprofit organizations. Read More »

1 Section Currently Scheduled

ECON 360: Economics of Developing Areas (3 Credits)

Economic growth characteristic of developing countries. Economic development, obstacles to development, policies, and planning. Read More »

3 Sections Currently Scheduled

  • Section 002 — N/A — 03:00 PM to 04:15 PM TR — Planetary Hall (formerly Science & Tech I) 212
  • Section 003 — N/A — 10:30 AM to 11:45 AM TR — Robinson B222
  • Section 004 — Fernando Arteaga Gonzalez — 07:20 PM to 10:00 PM W — Robinson B111

ECON 362: African Economic Development (3 Credits)

Issues of economic development as applied to Africa. Includes overview of early economic history in Africa and post-independence development, and contemporary development problems. Read More »

1 Section Currently Scheduled

  • Section 003 — Eskil Ullberg — 01:30 PM to 04:15 PM W — Innovation Hall 132

ECON 365: Topics in Economic History (3 Credits)

Possible topics include ancient, medieval, modern European, and American economic history, using econometric analysis as necessary. Read More »

1 Section Currently Scheduled

  • Section 001 — Mark Koyama — 07:20 PM to 10:00 PM R — Planetary Hall (formerly Science & Tech I) 126

ECON 380: Economies in Transition (3 Credits)

Examines problems and achievements of formerly communist and socialist countries including China, Eastern European countries, and Russia and other countries of the former Soviet Union as they transition to more market-oriented economies. Includes market economics and central planning. Read More »

1 Section Currently Scheduled

  • Section 001 — Abigail Devereaux — 12:30 PM to 01:20 PM MWF — Robinson B111

ECON 385: International Economic Policy (3 Credits)

Introduces economic way of thinking on trade and international finance. Presents historical and current information on consequences of trade and protectionism. Read More »

3 Sections Currently Scheduled

  • Section 001 — Julia R. Norgaard — 10:30 AM to 11:20 AM MWF — Robinson B111
  • Section 002 — 01:30 PM to 02:45 PM TR — Robinson B203
  • Section 003 — Ekaterina Brancato — 07:20 PM to 10:00 PM T — Planetary Hall (formerly Science & Tech I) 212

ECON 390: International Economics (3 Credits)

Foreign exchange market, balance of payment, foreign trade policies, and theories of international trade. Read More »

1 Section Currently Scheduled

  • Section 002 — 09:30 AM to 10:20 AM MWF — Robinson B111

400-Level Courses in ECON

ECON 403: Austrian Economics (3 Credits)

Microeconomic and macroeconomic models and misallocation of resources. Read More »

1 Section Currently Scheduled

  • Section 002 — 01:30 PM to 02:45 PM TR — Krug Hall 204

ECON 410: Public Choice (3 Credits)

Applies economic theory, methodology to study nonmarket decision making. Read More »

1 Section Currently Scheduled

  • Section 001 — Eric J Hammer — 07:20 PM to 10:00 PM R — Planetary Hall (formerly Science & Tech I) 120

ECON 412: Game Theory and Economics of Institutions (3 Credits)

Introduces game theory and its relevance for analyzing framework of rules and institutions within which economic processes occur. Applies game theoretical concepts to comparative analysis of causes and effects of alternative institutional arrangements. Read More »

1 Section Currently Scheduled

ECON 415: Law and Economics (3 Credits)

Economic analysis of the law. Topics include introduction to legal institutions and legal analysis; application of economic concepts to the law of property, contracts and torts, criminal and constitutional law; economic efficiency of common law; and public choice perspective on the evolution of the law. Read More »

1 Section Currently Scheduled

  • Section 001 — Robin D Hanson — 09:00 AM to 10:15 AM TR — Planetary Hall (formerly Science & Tech I) 120

ECON 421: Financial Economics (3 Credits)

Provides a survey of financial economics including a brief overview of the U.S. and international financial system and the role of different financial institutions. Covers the leading theoretical models in the field. Read More »

1 Section Currently Scheduled

  • Section 001 — Robert Mayo — 04:30 PM to 07:10 PM M — Krug Hall 19

ECON 435: Economics of Energy (3 Credits)

Examines various issues in the energy industry using tools from microeconomic theory, law and economics and public choice. Topics include issues related to oil, historical and current energy regulation, and environmental issues associated with energy. Read More »

1 Section Currently Scheduled

  • Section 001 — Michael J Webb — 07:20 PM to 10:00 PM M — Robinson B118

ECON 460: Senior Seminar in Philosophy, Politics, and Economics (3 Credits)

Covers issues in the philosophy, economics, and political science of institutions, information, and collective action. Through case studies of existing legal and political institutions, applies the insights to problems in politics, policy making, social-choice theory, and social, moral, and political philosophy. (Specific content varies). Read More »

1 Section Currently Scheduled

ECON 481: The Development of Economic Thought (3 Credits)

Developments in economic thought from 1500 to the present. Emphasizes historical origins, impact on contemporary economics, and theoretical validity. Read More »

1 Section Currently Scheduled

ECON 495: RS: Honors Thesis in Economics (3-6 Credits)

Honors-level research on a self-selected topic in economics culminating in a substantial research paper and an oral presentation. Read More »

1 Section Currently Scheduled

  • Section 002 — Jason Dunick — 01:30 PM to 04:10 PM F — Robinson B105

ECON 496: Special Topics in Economics (3 Credits)

Subject matter varies. Read More »

4 Sections Currently Scheduled »

ECON 498: Internship (3-6 Credits)

Students find economics-related internship with assistance from Career Services. Pre-internship proposal and final reflections paper required. Read More »

1 Section Currently Scheduled

Topics in ECON

ECON 365: Topics in Economic History (3 Credits)

Possible topics include ancient, medieval, modern European, and American economic history, using econometric analysis as necessary. Read More »

1 Section Currently Scheduled

  • Section 001 — Mark Koyama — 07:20 PM to 10:00 PM R — Planetary Hall (formerly Science & Tech I) 126

ECON 496: Special Topics in Economics (3 Credits)

Subject matter varies. Read More »

4 Sections Currently Scheduled »

Graduate

500-Level Courses in ECON

ECON 535: Survey of Applied Econometrics (3 Credits)

Applied introduction to estimating economic relationships. Includes simple equation and simultaneous equation system estimation. Read More »

1 Section Currently Scheduled

600-Level Courses in ECON

ECON 612: Microeconomic Theory II (3 Credits)

Nature of the firm; theory of supply; and production functions, factor pricing, and supplies. Introduces microeconomic foundations of theories of public finance and public choice. Read More »

1 Section Currently Scheduled

  • Section 001 — Mark Koyama — 07:20 PM to 10:00 PM T — Founder's Hall 118

ECON 615: Macroeconomic Theory (3 Credits)

Survey course covering monetary theory, theories of consumption and saving, budget deficits, economic growth, international finance, and monetary and fiscal policies. Read More »

1 Section Currently Scheduled

ECON 637: Econometrics I (3 Credits)

Techniques of estimating relationships between economic variables. Introduces multiple regression and problems associated with single equation model-autocorrelation, multicollinearity, and heteroscedasticity. Read More »

1 Section Currently Scheduled

ECON 676: Comparative Economic Systems (3 Credits)

Capitalism, socialism, and corporatism historical perspective. Includes examination of economies of representative contemporary countries. Read More »

1 Section Currently Scheduled

  • Section 001 — Peter J Boettke — 04:30 PM to 07:10 PM M — East Building 134

ECON 695: Special Topics in Economics (3 Credits)

Topics vary according to interests of instructor. Emphasizes new areas of discipline. Read More »

2 Sections Currently Scheduled

800-Level Courses in ECON

ECON 812: Microeconomic Theory II (3 Credits)

Examines nature of firm; theory of supply; and production functions, factor pricing, and supplies. Introduces microeconomic foundations of theories of public finance and public choice. Read More »

1 Section Currently Scheduled

  • Section 001 — Bryan D Caplan — 07:20 PM to 10:00 PM M — Planetary Hall (formerly Science & Tech I) 224

ECON 816: Macroeconomic Theory II (3 Credits)

Aggregate economic activity and price levels with emphasis on dynamic models. Read More »

1 Section Currently Scheduled

  • Section 001 — Lawrence H White — 07:20 PM to 10:00 PM W — Enterprise Hall 274

ECON 820: History of Economic Thought (3 Credits)

Explores major figures in history of economic thought and tools of analysis they created. Emphasizes classical, neoclassical, and Keynesian theories. Read More »

1 Section Currently Scheduled

ECON 823: Topics in Economic History (3 Credits)

Offers economic analysis of various historical epochs including Industrial Revolution, evolution of political reform, rise of unions, and growth of government. Read More »

1 Section Currently Scheduled

  • Section 001 — John V.C. Nye — 04:30 PM to 07:10 PM R — Carow Hall 01

ECON 827: Economic Philosophy (3 Credits)

Analyzes philosophical organization, including interrelations between economics and legal and political institutions; philosophical presuppositions of capitalist economy under constitutional democracy; alternative presuppositions for non-capitalist economies; and critical evaluation of history of ideas in social and moral philosophy. Read More »

1 Section Currently Scheduled

ECON 828: Constitutional Economics (3 Credits)

Analyzes existing and proposed elements of economic constitution. Emphasizes fiscal, monetary, transfer, and regulatory powers of government and constitutional limits on such powers, especially in the United States. Includes analysis of proposed changes in limits. Read More »

1 Section Currently Scheduled

  • Section 002 — Peter J Boettke — 07:20 PM to 10:00 PM M — Robinson B204

ECON 846: Industrial Organization and Public Policy II (3 Credits)

Covers relationship of law, economics, and theories of social control of property rights. Includes theories of market structure and industrial performance. Read More »

1 Section Currently Scheduled

ECON 854: Public Choice II (3 Credits)

Applies public choice approach to study such topics as causes and consequences of governmental growth, behavior of public bureaucracies, and economic reasoning behind constitutional limitations on size and growth of government. Read More »

1 Section Currently Scheduled

  • Section 002 — Bryan D Caplan — 04:30 PM to 07:10 PM W — Carow Hall 01

ECON 856: Non-Market Decision Making (3 Credits)

Explores the economics of non-market decision making. Considers the application of rational choice theory to decision making by a variety of persons who are neither traditional buyers nor sellers in a variety of contexts that are not traditional markets. Read More »

1 Section Currently Scheduled

  • Section 001 — Peter T Leeson — 04:30 PM to 07:10 PM R — Robinson B106

ECON 871: International Monetary Economics (3 Credits)

Examines international adjustment mechanism, price and income effects, controls, and monetarist approach; development of international monetary system; demand for international reserves; capital movements; and role of International Monetary Fund. Read More »

1 Section Currently Scheduled

ECON 881: Theory of Market Process II (Topic Varies) (3 Credits)

Continuation of ECON 880. Topics vary and include market-process approach to analyzing capital accumulation and growth; money and credit institutions; inflation and unemployment; and industrial fluctuations. Read More »

1 Section Currently Scheduled

ECON 885: Experimental Economics (3 Credits)

Designed for graduate students to learn how experimental methods can be used to inform economic research and practice. Students expected to have working understanding of basic economic concepts and multivariate calculus. Read More »

1 Section Currently Scheduled

  • Section 001 — Kevin A McCabe — 04:30 PM to 07:10 PM W — Robinson B106

ECON 886: Experimental Economics II (3 Credits)

Research in experimental design. Topics represent basic tools to build, test, and implement exchange mechanisms in an applied setting. Read More »

1 Section Currently Scheduled

ECON 895: Special Topics in Economics (3 Credits)

Topics vary according to interests of instructor. Emphasizes new areas of discipline. Read More »

8 Sections Currently Scheduled »

900-Level Courses in ECON

ECON 998: Doctoral Dissertation Proposal Research. (1-9 Credits)

Research on prospective dissertation topic. Read More »

1 Section Currently Scheduled

ECON 999: Doctoral Dissertation Research (1-15 Credits)

Research on approved dissertation topic under direction of dissertation committee. Read More »

1 Section Currently Scheduled

Topics in ECON

ECON 695: Special Topics in Economics (3 Credits)

Topics vary according to interests of instructor. Emphasizes new areas of discipline. Read More »

2 Sections Currently Scheduled

ECON 895: Special Topics in Economics (3 Credits)

Topics vary according to interests of instructor. Emphasizes new areas of discipline. Read More »

8 Sections Currently Scheduled »