ECON 102 Introduction to Microeconomics

Professor: Kris Feder

CRN: 12248

Time: Mon Wed 9:00 am - 10:20 am OLIN 203

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 204 Seminar in National Economic Policy

Professor: Dimitri Papadimitriou

CRN: 12249

Time: Mon Wed 4:00 pm - 5:30 pm ASP 302

The seminar is aimed at enabling students to explore and assess macroeconomic decision-making in the United States and throughout the world. Public policy decisions are not made solely on the basis of economic theory; indeed, political considerations are often the dominant factors explaining particular actions of the government, the Federal Reserve, and other agencies. Using an elementary framework of macroeconomic concepts, the seminar analyzes national economic events that involve the application of policy to domestic and international problems. Special emphasis is placed on the use of monetary, fiscal, international trade, and exchange rate policies to deal with unemployment, inflation, budget deficits, and instability.


ECON 205 Introduction to Mathematical Economics

Professor: Kris Feder

CRN: 12250

Time: Wed Fri 1:20 pm - 2:40 pm OLIN 306

This course introduces the use of mathematical techniques of algebra and calculus in economic theory. The course is designed to provide the basic mathematical skills necessary to approach the professional economics literature. Emphasis will be on formulating economic problems and building economic models in mathematical language. Topics are drawn from microeconomics, macroeconomics, and a variety of applied economic fields. Prerequisite: Economics 101, 102, or 105 and Mathematics 111.


ECON 213 Introduction to Political Economy

Professor: Oren Levin-Waldman

CRN: 12252

Time: Tu Th 10:30 am - 11:50 am OLIN 306

Cross-listed: Political Studies
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 221 Economic Problems of the Third World

Professor: Richard Wiles

CRN: 12253

Time: Mon Wed 9:00 am - 10:20 am ASP 302

Cross-listed: CRES
A review of the economic situations, problems, and perspectives of underdeveloped countries, stressing the interrelation of economic, social, and political factors in their structures. Examination of the place of the Third World in the world economy, the widening gap, and the economic consequences of imperialism and neo-colonialism. An analysis of theories of development, obstacles to progress, and policies aimed as surmounting them.


ECON 229 Statistical Methods for the Social Sciences

Professor: George McCarthy

CRN: 12254

Time: Tu Th 3:40 pm - 5:00 pm OLIN 306

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 235 Labor Economics and Discrimination

Professor: Matthew Forstater

CRN: 12475

Time: Mon Wed 2:50 pm - 4:10 pm LC 120

Cross-listed: American Studies, Gender Studies
of related interest: AADS
This course examines labor economics and discrimination from a critical and historical perspective. The course begins with an investigation of historical and methodological issues regarding racism and gender inequality and the study of (the intersections of) race, class, and gender. The strengths and weaknesses of mainstream and alternative approaches to wage and employment determination are examined. Various theoretical explanations of wage and employment differentials will be surveyed, including Becker's 'economics of discrimination', human capital theory, dual economy, segmented labor markets, efficiency wage theory, culture of poverty, and Marxian competition. Primary focus will be on the African American experience, but theories will also be evaluated as both explanations of wage and employment differentials in general and gender inequality in particular. Current policy debates will also be investigated.


ECON 303 National Income, Business Cycles, and Economic Growth

Professor: Richard Wiles

CRN: 12255

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

A treatment of the determinants of national income, employment, and price levels in the short run; a study of the problem of business fluctuations in the economy and theoretical attempts to explain them; integration of macroeconomic theory with the long-run growth process.