Econ 1111: First-Year Writing Seminar. Independent learning and inquiry in an environment in which students can express knowledge and defend opinions through intensive class discussion, oral presentations, and written expression. May be repeated for credit once if there is no duplication of topic, but students may earn only up to 3 credits in any 1111 course per semester of enrollment. [3; maximum of 6 credits total for all semesters of 1111] 

Econ 1510: Intensive Economic Statistics. Quantitative techniques in economic analysis. Probability sampling, inference, and multiple regression. Not open to students who have earned credit for 1500. Total credit for this course and 1500 will not exceed 3 credit hours. Credit hours reduced from second course taken (or from test or transfer credit) as appropriate. Prerequisite: MATH 1100, 1200, or 1300. [3] 

Econ 2100: Labor Economics. Introduction to labor markets in the United States. Foundations and applications of labor supply and demand, immigration and immigration policies, investment in human capital, wage policies of employers, minimum wage legislation, labor market discrimination and remedial programs, effects of labor unions, and unemployment. Prerequisite: 1010 and 1020. 

Econ 2150: Economic History of the United States. Economic development of the United States from the Colonial period to the present. Interrelated changes in economic performance, technology, institutions, and governmental policy. Prerequisite: 1010 and 1020. 

Econ 2160: Strategic Analysis. Introduction to sequential and simultaneous games. Backward induction, equilibrium, pure and mixed strategies. Cooperation and conflict, the prisoner’s dilemma, threats, promises, and credibility. Brinkmanship, uncertainty, the role of information, auction design, bidding strategies, and bargaining. Voting and agenda control. Prerequisite: 1010 and 1020. 

Econ 2170: Environmental Economics. Public policies to address market failures. Energy policy, climate change, biodiversity, globalization, and population growth. Sustainable economic activity, recycling, valuing environmental amenities, addressing ethical dilemmas, and resolving disputes. Offered on a graded basis only. Prerequisite: 1010 and 1020. 

Econ 2180: Sports Economics. Intercollegiate and professional sports leagues. Competitive balance, player labor markets, and owner capital markets. Theories of league expansion, rival leagues, franchise relocation, and sports venue finance. Comparisons of international sports leagues. Offered on a graded basis only. Prerequisite: 1010 and 1020. 

Econ 2220: Latin American Development. Economic growth and structural change. Historical legacies, import-substitution, debt crisis, inflation, and macroeconomic stabilization. Regional and national economic integration, migration, and conflict. Poverty, inequality, and policies. No credit for graduate students in economics. Prerequisite: 1010. 

ECON 2260: International Economics. Causes, consequences, and conduct of economic interactions among sovereign nations. Trade in goods and services; international monetary and financial interactions; winners and losers; exchange rates and the balance of payments; economic organizations. Offered on a graded basis only. Prerequisite: 1010 and 1020.

ECON 2300: Money and Banking. A study of commercial banks and other intermediaries between savers and investors in the United States, including the government’s role as money creator, lender, and regulator of private credit, and the effects of financial institutions on aggregate economic activity. Prerequisite: 1010 and 1020.  

ECON 2340: Plunder and Pillage: The Economics of Warfare and Confict. International and domestic economic conflict. Offensive and defensive strategies. Fortifications, strategic bombing, and conscription. Corporate takeovers, bargaining failures, and labor strikes. Prerequisites: 1010 and 1020.  

ECON 2350: Health Care Policy. Health care markets in the United States. Supply and demand, social insurance policies, pharmaceuticals, malpractice, and health care reform. Prerequisite: 1010 and 1020.  

ECON 2890: Special Topics. Topics of special interest. May be repeated for credit more than once if there is no duplication in topic. Students may enroll in more than one section of this course each semester. Prerequisite: 1010 and 1020. 

ECON 3100: Wages, Employment, and Labor Markets. Theories and empirical evidence of the determinants of wages and employment. Compensating differentials, education and human capital, migration and labor mobility, discrimination, incentive pay, wage inequality. Prerequisite: 3010 or 3012. 

ECON 3110: Poverty and Discrimination. Theories and empirical evidence concerning inequality, poverty, and discrimination, and their relationship to economic growth. Evaluation of anti-poverty and anti-discrimination policies. Prerequisite: 3010 or 3012; and one of 1500, 1510, 3032, 3035, or 3050. 

ECON 3150: Topics in the Economic History of the U.S. Analysis of major issues and debates in American economic history. Prerequisite: 3010 or 3012. 

ECON 3160: Economic History of Europe. Sources of Western European economic progress. Organization of overseas merchant empires, origins of the Industrial Revolution, the role of property rights, demographic patterns, and changing living standards. Prerequisite: 3010 or 3012.  

ECON 3200: Public Finance. Theories of the state and collective decisions, fiscal federalism, public goods and externalities. Tax theory: equity, efficiency, and growth. Taxation of goods, factors, and corporations. Cost-benefit analysis. Prerequisite: 3010 or 3012. 

ECON 3230: Urban Economics. Urban growth, development of suburbs, location of firms, housing markets, transportation, property taxes, and local government services. Offered on a graded basis only. Prerequisite: 3010 or 3012.  

ECON 3250: Industrial Organization. Models of market structure and behavior from monopoly and oligopoly to perfect competition. Strategic interaction between a firm and its customers and between a firm and its competitors. Firm practices and government policies that promote or hinder the efficient operation of markets. Offered on a graded basis only. Prerequisite: 3010 or 3012. 

ECON 3270: Economics of Information and Communications Technology. The Internet, cloud computing, social networks, e-commerce, and Internet telephony as influencers of commerce and consumer welfare. Streaming content, big data, informatics, and open source software in economic perspective. Property rights, competition, and regulation in cyberspace. Prerequisite: 3010 or 3012.  

ECON 3300: Financial Instruments and Markets. Theoretical and empirical approaches to the analysis of monetary and other financial instruments. Portfolio analysis, interest rate risk, and financial futures and options markets. Prerequisite: Either 3010 or 3012; and either 3020 or 3022.  

ECON 3330: Economics of Risk. Decision making under risk and uncertainty. Expected utility, risk aversion, and the value of information. Investments, insurance, and lotteries. Moral hazard and adverse selection. Prospect theory. Serves as repeat credit for ECON 3893-01 in Fall 2016. Prerequisite: 3010 (or 3012) with either 1500 or 1510; or Math 2820L with either Math 2810 or Math 2820.  

ECON 3350: Economics of Health. Demand for health and health care. Value of health, life, and medical innovation. Health insurance. Supply and organization of health care services. U.S. health care reforms. Prerequisite: 3010 or 3012.  

ECON 3600: International Trade. International trade in goods and services. Patterns of trade; gains and losses from trade, tariffs, and other commercial policies; economic integration; and international factor movements. Offered on a graded basis only. Prerequisite: 3010 or 3012. 

ECON 3610: International Finance. Economics of international monetary, financial, and macroeconomic relationships. Effects of monetary and fiscal politics in open economies, balance of payments, exchange rate determination, and international monetary institutions. Prerequisite: 3020 or 3022.  

ECON 3650: Development Economics. Determinants of national economic growth for pre-industrial and newly industrial countries. Inequality and poverty. Imperfect credit markets and microfinance. Political constraints and corruption. Policy issues relevant to developing economics. Prerequisite: 3010 or 3012, and either 1500, 1510, 3032, 3035, or 3050.   

ECON 3700: Economic Growth. Determinants of macroeconomic growth. Mathematical theories of exogenous and endogenous growth. Comparison of growth rates across countries and time. The effect of growth rates on economic well-being. The effect of tax rates. Prerequisite: 3010 or 3012, and 3020 or 3022. 

ECON 3750: Econometrics for Big Data. Econometric methods for analyzing large datasets. Model selection, regularization, classification, resampling, tree-based methods, and support vector machines. Forecasting stock prices, prediction of housing prices, and determination of wages. Prerequisite: 3010 or 3012; either 3032, 3035, or 3050; or MATH 2820L with MATH 2810 or 2820.  

ECON 3893: Selected Microeconomic Topics. Topics vary. May be repeated for credit more than once if there is no duplication in topic. Students may enroll in more than one section of this course each semester. Prerequisite: 3010 or 3012. 

ECON 3894: Selected Macroeconomic Topics. Topics vary. May be repeated for credit more than once if there is no duplication in topic. Students may enroll in more than one section of this course each semester. Prerequisite: 3020 or 3022.  

ECON 4050: Topics in Econometrics. Emphasis on applications. May include generalized method of moments, empirical likelihood, resampling methods, and nonparametric techniques. Prerequisite: 3032, 3035, or 3050.  

ECON 4110: Macroeconomic Models for Policy Analysis. Mathematical models of overlapping generations, rational expectations, and open economies with price rigidities applied to social security, government debt, exchange rates, monetary policy, and time inconsistent optimal policy. Prerequisite: 3020 or 3022.  

ECON 4210: Law and Economics. The influence of legal rules and institutions on the behavior of individuals and on economic efficiency and equity. Applications from civil procedure as well as property, contract, tort, and criminal law. Offered on a graded basis only. Prerequisite: 3010 or 3012 and either 1500, 1510, 3032, 3035, or 3050. 

ECON 4220: Social Choice Theory. Strategic and non-strategic social choice theory. Preference aggregation, formal models of voting, and matching. Prerequisite: 3010 or 3012 or PHIL 3003 or any Mathematics course numbered 2500 or above.  

ECON 4260: Game Theory with Economic Applications. Rational decision-making in non-cooperative, multi-person games. Single play and repeated games with complete and incomplete information. Economic applications of games, such as auctions, labor management bargaining, pricing and output decisions in oligopoly, and common property resources. Prerequisite: 3010 or 3012. 

ECON 4510: Seminar in Macroeconomic Policy. Intensive study of three or four current problems in economic policy. Studies in topics such as macroeconomic policy for the year ahead, financial market issues, international economic policy issues. Repeat credit for students who have completed 4510W. Limited to majors in economics and public policy. Prerequisite: 3010 or 3012; and 3020 or 3022.  

ECON 4510W: Seminar in Macroeconomic Policy. Intensive study of three or four current problems in economic policy. Studies in topics such as macroeconomic policy for the year ahead, financial market issues, international economic policy issues. Repeat credit for students who have completed 4510. Limited to majors in economics and public policy. Prerequisite: 3010 or 3012; and 3020 or 3022.  

ECON 4520W: Seminar on Globalization. Causes of global economic integration. Winners and losers. World Trade Organization, international environmental treaties, labor and capital markets. U.S. leadership. Offered on a graded basis only. Prerequisite: 3010 or 3012; and either 1500, 1510, 3032, 3035, or 3050.  

ECON 4530: Seminar in Microeconomic Policy. Intensive study of three or four current problems in microeconomic policy. Repeat credit for students who have completed 4530W. Limited to majors in economics and public policy. Prerequisite: 3010 or 3102.  

ECON 4530W: Seminar in Microeconomic Policy. Intensive study of three or four current problems in microeconomic policy. Repeat credit for students who have completed 4530. Limited to majors in economics and public policy. Prerequisite: 3010 or 3012.  

ECON 4540W: Economics of Confict. Economic relationships that appropriate value from other parties. War, crime, litigation, family quarrels, and rent-seeking. The visible hand, principal-agent problems, and negative sum games. Prerequisite: 3010 or 3012.  

ECON 4550: Seminar in Sports Economics. Issues and debates. Offered on a graded basis only. Prerequisite: 2180, and 3010 or 3012.

ECON 3851/3852: Independent Study in Economics. A program of independent reading in economics, arranged in consultation with an adviser. Limited to students having written permission from an instructor and the director of undergraduate studies. Prerequisite: 3010 or 3012. [Variable credit: 1-3 each semester, or 1-6 for departmental honors candidates; maximum of 12 hours in 3851 and 3852 combined for departmental honors students; maximum of 6 hours in 3851 and 3852 combined for other students]