ECON 102 Intro to Economics: Microeconomics

Professor: G. McCarthy

CRN: 11696

Distribution: E/Q

Time: Tu Th 9:00 am - 10:20 am LC 115

cross-listed: CRES
The microeconomic approach to economic problems: a study of the individual consumption and production units of the economy. The central theme will be how and why markets work or fail to work. Special emphasis will be placed on the ability of a market economy to produce such goods as clean air and water, health care, public recreation, and housing. The course will also emphasize the impact of monopoly control of industry on the production of goods and distribution of income.

ECON 105 Introduction to Economics: Analysis and Applications

Professor: K. Feder

CRN: 11697

Distribution: E

Time: M W 10:30 am - 11:50 am OLIN 202

cross-listed: CRES
An introductory course for students not majoring in economics. Serves as a prerequisite for several CRES courses (an alternative to Eco-nomics 102). The student will encounter fundamental principles of production and distribution, and will become expert in the use of basic graphical and mathematical methods of analysis. Emphasis is on a wide variety of applications, often but not exclusively tailored to the interests of the CRES student. Topics include marginal analysis; the function of the market system; economic efficiency; determinants of income distribution; macroeconomic stability and growth; economics of natural resources and the environment; urban and regional problems; public finance and the economics of collective choice.

ECON 201 American Economic History

Professor: R. Wiles

CRN: 11698

Distribution: C

Time: M W 1:20 pm - 2:40 pm LC 208

cross-listed: American Studies
The course will provide a basic economic analysis of trends and events that shaped the economic development of the U.S. from the colonial period to contemporary times. Particular topics to be covered will be the economic aspects of the Constitution, the role of government, the rise of monopoly corporations, income and wealth inequality, the Populist and Socialist movements, the clash between labor and capital, the monetary system, and international economic policy, as well as others. Various viewpoints on each issue will be presented.

ECON 213 Introduction to Political Economy

Professor: O. Levin-Waldman

CRN: 11708

Distribution: A/C

Time: W 3:30 pm - 6:00 pm OLIN 201

An introduction to political economy as a new paradigm in studying economic issues. The course contrasts non-Marxian and neo-Marxian analyses of advanced capitalism and examines the changing nature of advanced capitalism. The new paradigm is used with respect to the following topics: monopoly capitalism, capitalist accumulation, labor process, economic downturns and inflation, underconsumption, and stagnation.

ECON 226 Urban and Regional Economics

Professor: K. Feder

CRN: 11699

Distribution: A/E

Time: Tu Th 3:40 pm - 5:00 pm OLIN 307

cross-listed: CRES

An introduction to the study of cities and regions from the perspective of location theory and central place theory. Both the internal spatial structure of urban areas and the spatial structure of regional systems of cities are covered. Historical analysis of patterns of urbanization, primarily in the developed industrial economies, is undertaken. Specific urban problems are examined from an economic point of view: housing, transportation, social services, segregation, the decline of inner cities, urban sprawl. Issues pertaining to urban planning, urban government, and urban public policy are discussed. Prerequisite: Economics 102 or 105.

ECON 229 Statistical Methods for the Social Sciences

Professor: G. McCarthy

CRN: 11700

Distribution: A/E/Q

Time: M W 10:30 am - 12:30 pm LC 210

cross-listed: CRES
This is the first of a two-course sequence designed to examine empirical economics. The course will introduce the concepts of statistic, probability, probability distributions, random variables, correlation, and simple regression. The techniques of statistical inference hypothesis testing will be developed. Numerous examples and computer-based exercises will be presented. Economics 229 is a prerequisite for Economics 230, Introduction to Econometrics.

ECON 240 Sustainable Development

Professor: G. McCarthy

CRN: 11701

Distribution: C

Time: Tu 7:00 pm - 9:30 pm OLIN 201

cross-listed: CRES
The course is an attempt to provide an interdisciplinary perspective on the relation between economic development and the conservation of natural resources. Questions to be addressed: How can we characterize the trade-off between environmental concerns and economic gains? What is sustainable biologically? What is sustainable economically? Did the Western countries develop in a sustainable way? Can the less developed countries hope to develop in a sustainable way? Both the theory and practice of past and current development policies will be critically assessed. The viability, both political and economic, of current suggested policies will be discussed. The role of activism on the local and global scale, within political structures and on the grass-roots level, will be developed. The course will focus on less developed countries, but will include discussion of developed countries and the semi-developed economies of Eastern Europe. This is a reading course involving active student participation. Students will be expected to write and distribute five short synopses of articles to be discussed in class. A comprehensive final will be given.

ECON 313 International Economics

Professor: R. Wiles

CRN: 11702

Distribution: C

Time: Tu 10:30 am - 12:30 pm OLIN 307

An analysis of international trade and financial relationships: recent problems and developments in world commercial, monetary, and financial policy; the economic aspects of international cooperation.

ECON 399 Beyond Neoclassical Economics: Heterodox Approached to Economic Theory

Professor: K. Feder

CRN: 11703

Distribution: A

Time: Th 9:30 am - 11:50 am OLIN 204

A critical survey of several school of economic thought which today challenge the mainstream neoclassical school, based on a collection by the same name (October 1996) and other recent articles. Approaches encountered include contributions from the Austrian, institutional, geoclassical, structural, feminist, humanist, and foundational schools of economics, as well as postmodern Marxism and the Virginia School of political economy. Examination of their research agendas, methodologies, principles, values and factual claims will throw fresh light on the strengths and weaknesses of the dominant paradigm itself.