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The
principal objective of economics
courses is to help students
develop the ability to think
clearly about complex economic,
political and social issues and
to gain an understanding of how
the economic activities of
private and public institutions
or interest groups relate to
issues such as inflation,
unemployment, poverty,
environmental quality, urban and
regional problems, and
international economic
concerns.
A solid background in economics
is valuable to students preparing
for graduate work in economics,
business, public administration,
and law; it is also useful as
preparation for possible careers
in such diverse fields as
business, law, government,
medicine, social work, and
education. Courses in the other
social sciences, mathematics and
computer science, English and
foreign languages, also
contribute significantly to
preparation for such graduate
study and career
opportunities.
The
Economics
major
is
structured
to
progressively
build
the
skills
and
tools
of
economic
analysis.
Students
in
the
major
begin
with
a
two-semester
principles
sequence
(ECON
122
Principles
of
Microeconomics,
typically
followed
by
ECON
123
Principles
of
Macroeconomics)
which
introduces
students
to
the
discipline
and
lays
the
foundation
for
subsequent
study.
ECON
230
Economic
Statistics
and
MATH
141
Calculus
can
be
taken
concurrent
with
or
subsequent
to
the
Principles
courses.
Calculus
is
a
prerequisite
for
intermediate
microeconomics,
and
both
Calculus
and
Economic
Statistics
are
required
for
ECON
470.
To
complete
the
major
in
the
proper
sequence
students
should
complete
the
intermediate
theory
courses
by
the
end
of
the
junior
year.
ECON
470
Advanced
Topics
in
Economics
is
the
penultimate
course
in
the
major.
The
Advanced
Topics
course
applies
the
analytical
and
empirical
tools
developed
in
intermediate
economic
theory
to
a
contemporary
public
policy
issue
and
prepares
students
for
an
independent
research
project
in
the
capstone
course
in
the
major:
ECON
496
Senior
Research
Seminar.
REQUIREMENTS
FOR THE ECONOMICS MAJOR
(9
in Economics, 1 in
Mathematics)
ECON
122
(US) Principles of Microeconomics
(1)
ECON
123
Principles of Macroeconomics
(1)
A
Calculus
course
(MATH
141
or
equivalent)
ECON
230
(QA*) Economic Statistics (1)
ECON
357
Intermediate Microeconomics (1)
ECON
358
Intermediate Macroeconomics
(1)
ECON
470
(W) Advanced Topics in Economics
(1)
ECON
496
(W) Senior Research Seminar
(1)
Two
elective credits in Economics
(2)
REQUIREMENTS
FOR THE ECONOMICS MINOR
(5
credits)
ECON
122
Principles of Microeconomics
(1)
ECON
123
Principles of Macroeconomics
(1)
ECON
357
Intermediate Microeconomics (1)
OR
ECON
358:
Intermediate Macroeconomics
(1)
Two elective course in Economics
(2)
For
students
opting
to
take
Intermediate
Microeconomics,
a
Calculus
course,
MATH
141
or
equivalent,
also
is
required
as
a
prerequisite.
FACULTY
James
S.
Hanson,
The
Peter
C.
and
Bonnie
S.
Kremer
Professor
of
Economics,
Chair
Alison
Butler,
Assistant
Professor
of
Economics
Aaron
Finkle,
Visiting
Assistant
Professor
of
Economics
James
R.
Frew,
Associate
Professor
of
Economics
Jerry
Gray,
Professor
of
Economics
Donald
H.
Negri,
Professor
of
Economics
Nathan
Sivers
Boyce,
Assistant
Professor
of
Economics
Laura
Taylor,
Assistant
Professor
of
Economics
Cathleen
L.
Whiting,
Associate
Professor
of
Economics
COURSE
DESCRIPTIONS
ECON
122
(US)
Principles
of
Microeconomics
(1)
This
course
is
a
basic
introduction
to
microeconomic
analysis
and
its
applications
for
public
policy.
Tools,
concepts
and
models
of
economic
analysis
will
be
developed
and
applied
to
public
policy
issues.
The
course
will
explore
the
philosophy
and
values
inherent
in
economic
analysis
and
examine
empirical
methods
to
test
the
validity
of
economic
models.
Topics
include:
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