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.
Economics Spring 2019
Undergraduate
100-Level Courses in ECON
Not available to economics majors. Broad introduction to economic concepts and how they can contribute to a better understanding of the world around us. Applies and develops concepts to current economic and social problems and issues. Less formal modeling than in the 103-104 sequence. May not be repeated for credit.
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1 Section Currently Scheduled
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Section 001
— Jason Dunick — 10:30 AM to 01:10 PM F —
Lecture Hall 2
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. May not be repeated for credit.
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3 Sections Currently Scheduled
Introduces macroeconomics in the context of current problems. National income analysis, money and banking, economic growth and stability, unemployment, inflation, and role of government. May not be repeated for credit.
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2 Sections Currently Scheduled
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. May not be repeated for credit.
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1 Section Currently Scheduled
300-Level Courses in ECON
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. May not be repeated for credit.
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4 Sections Currently Scheduled »
Analysis of major strategic business situations including pricing strategy, incentives and contracts, game theory, and vertical and horizontal integration. May not be repeated for credit.
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2 Sections Currently Scheduled
Economic problems in light of current and proposed public policies. Topics include environmental issues, international trade policies, and regulatory issues and their historical roots. May not be repeated for credit.
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3 Sections Currently Scheduled
Monetary, commercial, and central banking systems, with particular emphasis on their relationship with American government programs, fiscal policies, and controls. May not be repeated for credit.
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4 Sections Currently Scheduled »
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. May not be repeated for credit.
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3 Sections Currently Scheduled
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. May not be repeated for credit.
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1 Section Currently Scheduled
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Section 001
— 01:30 PM to 02:20 PM MWF —
Nguyen Engineering Building 1103
Mathematical treatment of theory of firm and household behavior, stabilization policy, growth theory, input-output analysis, and linear programming. May not be repeated for credit.
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1 Section Currently Scheduled
Modern statistical techniques in estimating economic relations. May not be repeated for credit.
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2 Sections Currently Scheduled
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Section 003
— 07:20 PM to 10:00 PM T —
Innovation Hall 135
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Section 002
— David M Levy — 12:00 PM to 01:15 PM TR —
Buchanan Hall (formerly Mason Hall) D003
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. May not be repeated for credit.
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1 Section Currently Scheduled
Economic growth characteristic of developing countries. Economic development, obstacles to development, policies, and planning. May not be repeated for credit.
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3 Sections Currently Scheduled
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Section 004
— 07:20 PM to 10:00 PM W —
Robinson B111
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Section 002
— Noel D Johnson — 03:00 PM to 04:15 PM TR —
Planetary Hall (formerly Science & Tech I) 224
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Section 003
— Noel D Johnson — 10:30 AM to 11:45 AM TR —
Nguyen Engineering Building 1109
Economic development, institutions, and problems of Latin America. May not be repeated for credit.
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1 Section Currently Scheduled
Possible topics include ancient, medieval, modern European, and American economic history, using econometric analysis as necessary. Notes: May be repeated when topic is different. May be repeated within the term for a maximum 6 credits.
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1 Section Currently Scheduled
Introduces economic way of thinking on trade and international finance. Presents historical and current information on consequences of trade and protectionism. Notes: May not be applied toward the elective course requirement needed for a major or minor in economics. May not be repeated for credit.
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4 Sections Currently Scheduled »
Foreign exchange market, balance of payment, foreign trade policies, and theories of international trade. May not be repeated for credit.
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1 Section Currently Scheduled
400-Level Courses in ECON
Microeconomic and macroeconomic models and misallocation of resources. Alternative economic tools from noted Austrian economists. May not be repeated for credit.
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1 Section Currently Scheduled
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Section 002
— 01:30 PM to 04:10 PM T —
Enterprise Hall 275
Applies economic theory, methodology to study nonmarket decision making. May not be repeated for credit.
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1 Section Currently Scheduled
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Section 001
— Alex T Tabarrok — 04:30 PM to 07:10 PM R —
Carow Hall 01
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. May not be repeated for credit.
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1 Section Currently Scheduled
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. May not be repeated for credit.
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1 Section Currently Scheduled
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. May not be repeated for credit.
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1 Section Currently Scheduled
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Section 001
— 04:30 PM to 07:10 PM M —
Buchanan Hall (formerly Mason Hall) D005
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. May not be repeated for credit.
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1 Section Currently Scheduled
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Section 001
— Michael J Webb — 07:20 PM to 10:00 PM M —
Robinson B218
Economic theory as it is applied to commercial airlines. May not be repeated for credit.
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1 Section Currently Scheduled
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Section 001
— Basil Ben Baldanza — 07:20 PM to 10:00 PM M —
Innovation Hall 215G
Developments in economic thought from 1500 to the present. Emphasizes historical origins, impact on contemporary economics, and theoretical validity. May not be repeated for credit.
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1 Section Currently Scheduled
Studies the thought of Adam Smith. As the second in a two-course sequence, course focuses on The Wealth of Nations. May not be repeated for credit.
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1 Section Currently Scheduled
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Section 001
— Donald J Boudreaux — 07:20 PM to 10:00 PM W —
Buchanan Hall (formerly Mason Hall) D180
Honors-level research on a self-selected topic in economics culminating in a substantial research paper and an oral presentation. Notes: Requirements for departmental honors in the major are in addition to the coursework required for the major. ECON 495 credit may not be applied toward the elective course requirement needed for a major or minor in economics. May be repeated within the degree for a maximum 6 credits.
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1 Section Currently Scheduled
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Section 002
— Jason Dunick — 01:30 PM to 04:10 PM F —
Research Hall 202
Subject matter varies. Notes: May be repeated when topic is different. May be repeated within the term for a maximum 24 credits.
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4 Sections Currently Scheduled »
Students find economics-related internship with assistance from Career Services. Pre-internship proposal and final reflections paper required. May not be repeated for credit.
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2 Sections Currently Scheduled
Topics in ECON
Possible topics include ancient, medieval, modern European, and American economic history, using econometric analysis as necessary. Notes: May be repeated when topic is different. May be repeated within the term for a maximum 6 credits.
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1 Section Currently Scheduled
Subject matter varies. Notes: May be repeated when topic is different. May be repeated within the term for a maximum 24 credits.
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4 Sections Currently Scheduled »
Graduate
500-Level Courses in ECON
Applied introduction to estimating economic relationships. Includes simple equation and simultaneous equation system estimation. Non-Degree students are permitted to enroll based on space availability determined one week before the first day of classes AND on meeting the prerequisites AND with permission of instructor. May not be repeated for credit.
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1 Section Currently Scheduled
600-Level Courses in ECON
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. Notes: Non-Degree students are permitted to enroll based on space availability determined one week before the first day of classes AND on meeting the prerequisites AND with permission of instructor. May not be repeated for credit.
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1 Section Currently Scheduled
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Section 001
— 07:20 PM to 10:00 PM T —
Founder's Hall 121
Survey course covering monetary theory, theories of consumption and saving, budget deficits, economic growth, international finance, and monetary and fiscal policies. Notes: Non-Degree students are permitted to enroll based on space availability determined one week before the first day of classes AND on meeting the prerequisites AND with permission of instructor. May not be repeated for credit.
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1 Section Currently Scheduled
Techniques of estimating relationships between economic variables. Introduces multiple regression and problems associated with single equation model-autocorrelation, multicollinearity, and heteroscedasticity. Notes: Non-Degree students are permitted to enroll based on space availability determined one week before the first day of classes AND on meeting the prerequisites AND with permission of instructor. May not be repeated for credit.
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1 Section Currently Scheduled
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Section 001
— Thomas Stratmann — 07:20 PM to 10:00 PM T —
Enterprise Hall 274
Capitalism, socialism, and corporatism historical perspective. Includes examination of economies of representative contemporary countries. May not be repeated for credit.
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1 Section Currently Scheduled
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Section 001
— Peter J Boettke — 04:30 PM to 07:10 PM T —
Buchanan Hall (formerly Mason Hall) D100
Topics vary according to interests of instructor. Emphasizes new areas of discipline. Notes: May be repeated when topic is different. May be repeated within the term.
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3 Sections Currently Scheduled
800-Level Courses in ECON
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. Notes: Non-Degree students are permitted to enroll based on space availability determined one week before the first day of classes AND on meeting the prerequisites AND with permission of instructor. May not be repeated for credit.
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1 Section Currently Scheduled
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Section 001
— Bryan D Caplan — 07:20 PM to 10:00 PM M —
Planetary Hall (formerly Science & Tech I) 224
Aggregate economic activity and price levels with emphasis on dynamic models. Notes: Non-Degree students are permitted to enroll based on space availability determined one week before the first day of classes AND on meeting the prerequisites AND with permission of instructor. May not be repeated for credit.
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1 Section Currently Scheduled
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Section 001
— Lawrence H White — 07:20 PM to 10:00 PM W —
Enterprise Hall 174
Explores major figures in history of economic thought and tools of analysis they created. Emphasizes classical, neoclassical, and Keynesian theories. May not be repeated for credit.
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1 Section Currently Scheduled
Offers economic analysis of various historical epochs including Industrial Revolution, evolution of political reform, rise of unions, and growth of government. May not be repeated for credit.
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1 Section Currently Scheduled
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Section 001
— John V.C. Nye — 04:30 PM to 07:10 PM R —
Innovation Hall 338
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. May not be repeated for credit.
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1 Section Currently Scheduled
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Section 001
— Daniel B Klein — 01:30 PM to 04:10 PM F —
Buchanan Hall (formerly Mason Hall) D180
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. May not be repeated for credit.
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1 Section Currently Scheduled
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Section 001
— Peter J Boettke — 01:30 PM to 04:10 PM T —
Buchanan Hall (formerly Mason Hall) D100
Uses economics to analyze U.S. Common-law system, evaluating efficiency and logic of evolution. Notes: No prior knowledge of law required. May not be repeated for credit.
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1 Section Currently Scheduled
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Section 001
— Robin D Hanson — 07:20 PM to 10:00 PM R —
Carow Hall 01
Explores the political economy of Adam Smith, with a focus on The Wealth of Nations, which is studied cover-to-cover in "Great Books" fashion. May not be repeated for credit.
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1 Section Currently Scheduled
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Section 001
— Donald J Boudreaux — 07:20 PM to 10:00 PM W —
Buchanan Hall (formerly Mason Hall) D180
Covers relationship of law, economics, and theories of social control of property rights. Includes theories of market structure and industrial performance. May not be repeated for credit.
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1 Section Currently Scheduled
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. May not be repeated for credit.
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1 Section Currently Scheduled
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Section 001
— Bryan D Caplan — 04:30 PM to 07:10 PM W —
Carow Hall 01
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. May not be repeated for credit.
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1 Section Currently Scheduled
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Section 001
— Peter T. Leeson — 04:30 PM to 07:10 PM R —
Buchanan Hall (formerly Mason Hall) D180
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. May not be repeated for credit.
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1 Section Currently Scheduled
Continuation of ECON 880. Explores the market-process approach to analyzing capital accumulation and growth; money and credit institutions; inflation and unemployment; and industrial fluctuations. May not be repeated for credit.
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1 Section Currently Scheduled
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Section 001
— Richard E Wagner — 04:30 PM to 07:10 PM M —
Buchanan Hall (formerly Mason Hall) D180
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. May not be repeated for credit.
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1 Section Currently Scheduled
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Section 001
— Kevin A McCabe — 04:30 PM to 07:10 PM W —
Robinson B205
Research in experimental design. Topics represent basic tools to build, test, and implement exchange mechanisms in an applied setting. May not be repeated for credit.
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1 Section Currently Scheduled
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Section 001
— Cesar A Martinelli — 04:30 PM to 07:10 PM R —
Founder's Hall 475
Topics vary according to interests of instructor. Emphasizes new areas of discipline. May be repeated within the term.
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6 Sections Currently Scheduled »
900-Level Courses in ECON
Research on prospective dissertation topic. Notes: For students who have completed course work but have not yet advanced to candidacy. May be repeated within the degree.
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1 Section Currently Scheduled
Research on approved dissertation topic under direction of dissertation committee. Notes: 24 credits may be applied to doctoral degree requirement. May be repeated within the degree.
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1 Section Currently Scheduled
Topics in ECON
Topics vary according to interests of instructor. Emphasizes new areas of discipline. Notes: May be repeated when topic is different. May be repeated within the term.
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3 Sections Currently Scheduled
Topics vary according to interests of instructor. Emphasizes new areas of discipline. May be repeated within the term.
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6 Sections Currently Scheduled »
