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Core
Courses
Economic
Data Analysis
Business
Economics
Urban
and Regional Economics
Full-time
Curriculum
Part-time
Curriculum
Core
Courses
All students are required to take the following core
courses (21 credits):
Economic Data Analysis I, II, and III
Macroeconomics I
Microeconomics I and II
Applied Economics Practicum
At the end of the core, it is expected that students
will have met the following objectives:
Students will have reached a high level of critical
and analytical thinking ability from their work in microeconomic
theory and will be able to appreciate real-world phenomena
such as demand behavior, inter-firm rivalry, strategic
pricing decisions, and environmental issues as essentially
problems in microeconomics and approach such problems
with a specific microeconomic framework.
Students will be able to understand relationships
between macroeconomic variables (such as the money supply
and interest rates); to be able to put them in the context
of simple, real-world macroeconomic modelssome
of which are used for policy analysis; and to find macroeconomic
statistics for reports and presentations about the United
States economy.
Students will be able to find, appreciate, and
analyze large and small economic data sets using regression
techniques; to conduct empirical research on an economic
topic that interests them (or their employers); and
to be able to use business and statistical software
packages.
Core
Course Descriptions
Economics
650Microeconomic Theory I
Study of the interactions of households and firms in
perfectly and imperfectly competitive markets, under
certainty and uncertainty, with symmetric and asymmetric
information, in a static world and over time as encountered
in the real world.
Prerequisites: Intermediate microeconomics
Economics 651Microeconomic Theory II
Continuation of Economics 650.
Prerequisites: Econ. 650
Economics 655Macroeconomics I
Aggregate income and employment theory. Classical and
Keynesian models; theories of inflation, growth, and
problems of external equilibrium.
Prerequisites: Intermediate macroeconomics and
money & banking
Economics 671Economic Data Analysis I
Using a variety of computer programs this course will
teach the student (1) how to locate secondary sources
of economic data; (2) methods that have been used to
compile economic data; (3) how to transform, summarize,
and display economic data; and (4) simple statistical
techniques to analyze economic data.
Economics 672Economic Data Analysis II
An introduction to the fundamentals of analyzing economic
relationships using regression techniques. The course
covers methods of statistical inference, hypothesis
testing, forecasting, model selection, and other related
topics. Applications from economics.
Prerequisites: Econ. 671 or permission of instructor
Economics 673Economic Data Analysis III
A continuation of Economics 672. Topics include regression
diagnostics, analyzing time-series and cross-sectional
data, statistical model selection and assessment. Students
will conduct applied economic research projects using
statistical and econometric techniques.
Prerequisites: Econ. 672 or permission of instructor
Economics
679Applied Economics Practicum
Under the guidance of the instructor, students will
apply their analytical and quantitative skills toward
the analysis of current economic issues, and present
reports on their findings.
Prerequisites: Economics 651, 655, and 673 or
permission of instructor.
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