Fall 2016

Course Code Title/Instructor Meets
ECON 111-01 Introduction to Microeconomics
Instructor: Andrew Farrant
Course Description:
A study of the fundamentals of economic analysis and of basic economic institutions, with particular emphasis upon consumer demand and upon the output and pricing decisions of business firms. The implications of actions taken by these decision-makers, operating within various market structures, upon the allocation of resources and the distribution of income are examined. Special attention is given to the sociopolitical environment within which economic decisions are made.
0830:MWF   DENNY 317
ECON 111-02 Introduction to Microeconomics
Instructor: Andrew Farrant
Course Description:
A study of the fundamentals of economic analysis and of basic economic institutions, with particular emphasis upon consumer demand and upon the output and pricing decisions of business firms. The implications of actions taken by these decision-makers, operating within various market structures, upon the allocation of resources and the distribution of income are examined. Special attention is given to the sociopolitical environment within which economic decisions are made.
0930:MWF   DENNY 317
ECON 111-03 Introduction to Microeconomics
Instructor: Nicola Tynan
Course Description:
A study of the fundamentals of economic analysis and of basic economic institutions, with particular emphasis upon consumer demand and upon the output and pricing decisions of business firms. The implications of actions taken by these decision-makers, operating within various market structures, upon the allocation of resources and the distribution of income are examined. Special attention is given to the sociopolitical environment within which economic decisions are made.
0830:MWF   ALTHSE 204
ECON 111-04 Introduction to Microeconomics
Instructor: Nicola Tynan
Course Description:
A study of the fundamentals of economic analysis and of basic economic institutions, with particular emphasis upon consumer demand and upon the output and pricing decisions of business firms. The implications of actions taken by these decision-makers, operating within various market structures, upon the allocation of resources and the distribution of income are examined. Special attention is given to the sociopolitical environment within which economic decisions are made.
0930:MWF   ALTHSE 204
ECON 111-05 Introduction to Microeconomics
Instructor: Anthony Underwood
Course Description:
A study of the fundamentals of economic analysis and of basic economic institutions, with particular emphasis upon consumer demand and upon the output and pricing decisions of business firms. The implications of actions taken by these decision-makers, operating within various market structures, upon the allocation of resources and the distribution of income are examined. Special attention is given to the sociopolitical environment within which economic decisions are made.
1230:MWF   ALTHSE 201
ECON 111-06 Introduction to Microeconomics
Instructor: Robert Szarka
Course Description:
A study of the fundamentals of economic analysis and of basic economic institutions, with particular emphasis upon consumer demand and upon the output and pricing decisions of business firms. The implications of actions taken by these decision-makers, operating within various market structures, upon the allocation of resources and the distribution of income are examined. Special attention is given to the sociopolitical environment within which economic decisions are made.
1030:MWF   DANA 101
ECON 111-07 Introduction to Microeconomics
Instructor: Robert Szarka
Course Description:
A study of the fundamentals of economic analysis and of basic economic institutions, with particular emphasis upon consumer demand and upon the output and pricing decisions of business firms. The implications of actions taken by these decision-makers, operating within various market structures, upon the allocation of resources and the distribution of income are examined. Special attention is given to the sociopolitical environment within which economic decisions are made.
1230:MWF   ALTHSE 08
ECON 111-08 Introduction to Microeconomics
Instructor: Robert Szarka
Course Description:
A study of the fundamentals of economic analysis and of basic economic institutions, with particular emphasis upon consumer demand and upon the output and pricing decisions of business firms. The implications of actions taken by these decision-makers, operating within various market structures, upon the allocation of resources and the distribution of income are examined. Special attention is given to the sociopolitical environment within which economic decisions are made.
1330:MR   ALTHSE 201
ECON 112-01 Introduction to Macroeconomics
Instructor: Tricia Hawks
Course Description:
A study of the fundamentals of economic analysis and of basic economic institutions, with particular emphasis upon national output, employment, and price levels. The monetary and financial system is explored together with problems of economic stability. Monetary and fiscal policy procedures are analyzed and evaluated in light of the current economic climate. Special attention is given to the historical development of major economic institutions.Prerequisite: 111.
1330:MR   ALTHSE 08
ECON 112-02 Introduction to Macroeconomics
Instructor: Tricia Hawks
Course Description:
A study of the fundamentals of economic analysis and of basic economic institutions, with particular emphasis upon national output, employment, and price levels. The monetary and financial system is explored together with problems of economic stability. Monetary and fiscal policy procedures are analyzed and evaluated in light of the current economic climate. Special attention is given to the historical development of major economic institutions.Prerequisite: 111.
1500:MR   ALTHSE 08
ECON 214-01 Political Economy of Gender
Instructor: Mesude Kongar
Course Description:
Cross-listed with SOCI 230-04 and WGSS 202-04. Political Economy of Gender adopts a gender-aware perspective to examine how people secure their livelihoods through labor market and nonmarket work. The course examines nature of labor market inequalities by gender, race, ethnicity and other social categories, how they are integrated with non-market activities, their wellbeing effects, their role in the macroeconomy, and the impact of macroeconomic policies on these work inequalities. These questions are examined from the perspective of feminist economics that has emerged since the early 1990s as a heterodox economics discourse, critical of both mainstream and gender-blind heterodox economics. While we will pay special attention to the US economy, our starting point is that there is one world economy with connections between the global South and the North, in spite of the structural differences between (and within) these regions.
1030:TR   ALTHSE 206
ECON 214-02 Health Policy Challenges in Developing Countries
Instructor: Shamma Alam
Course Description:
Cross-listed with INST 290-01.The course will focus on the current major health problems with a particular emphasis on developing countries. HIV/AIDS, malaria, tuberculosis, and diarrheal disease are the four biggest contributors to the global burden of disease, especially in sub-Saharan Africa and represent a serious constraint on economic growth. They kill nearly 4 million African adults and children annually. Through readings and lectures from the public health, economics and medical literature, we will focus on the causes behind the prevalence of the diseases in certain regions and the debates surrounding effectiveness of policy interventions to combat these diseases. More specifically, we will try to understand some of the key policy challenges to fight the diseases in the developing world. Additionally, the course will also look into historical cases of major diseases and epidemics around the world.
1030:MWF   ALTHSE 08
ECON 222-01 Environmental Economics
Instructor: Anthony Underwood
Course Description:
A study of human production and consumption activities as they affect the natural and human environmental systems and as they are affected by those systems. The economic behavioral patterns associated with the market economy are scrutinized in order to reveal the biases in the decision-making process which may contribute to the deterioration of the resource base and of the quality of life in general. External costs and benefits, technological impacts, limits to economic growth, and issues of income and wealth distribution are examined. A range of potential policy measures, some consistent with our life style and some not, are evaluated. Prerequisite: 111.
0930:MWF   ALTHSE 110
ECON 222-02 Environmental Economics
Instructor: Anthony Underwood
Course Description:
A study of human production and consumption activities as they affect the natural and human environmental systems and as they are affected by those systems. The economic behavioral patterns associated with the market economy are scrutinized in order to reveal the biases in the decision-making process which may contribute to the deterioration of the resource base and of the quality of life in general. External costs and benefits, technological impacts, limits to economic growth, and issues of income and wealth distribution are examined. A range of potential policy measures, some consistent with our life style and some not, are evaluated. Prerequisite: 111.
1030:MWF   ALTHSE 110
ECON 228-01 Economic Analysis of Policy
Instructor: Tricia Hawks
Course Description:
This course introduces the basic economic techniques used in the analysis of public policy and applies these techniques to a variety of social problems and policies. The economic techniques taught include the analysis of market failure, benefit-cost analysis, and economic impact analysis. Applied topics vary, but are likely to include education and job training, public assistance, transportation policy, and environmental protection. Prerequisite: 111 or permission of the instructor.
1030:MR   STERN 11
ECON 247-01 Money and Banking
Instructor: Andrew Farrant
Course Description:
A study of the role of money and credit in the U.S. economy. The nature of money, the structure of the banking system in the context of a rapidly changing financial institutional environment, and the Federal Reserve System are examined. Various theories of money as guides to monetary policy are compared and contrasted. Neoclassical approaches will predominate, although some alternative approaches will be explored. Prerequisite: 112.
1500:TF   ALTHSE 206
ECON 268-01 Intermediate Macroeconomic Theory
Instructor: Jonathan Cogliano
Course Description:
Neoclassical theories of economic behavior in the aggregate. Models will be used as a framework for analyzing the determination of the level of national output and for explaining fluctuations in employment, the price level, interest rates, productivity, and the rate of economic growth. Policy proposals will be appraised. Prerequisite: 111 and 112; MATH 170; and MATH 121 or MATH 225 or INBM 220 (for INBM majors only).
0900:TR   ALTHSE 207
ECON 268-02 Intermediate Macroeconomic Theory
Instructor: Jonathan Cogliano
Course Description:
Neoclassical theories of economic behavior in the aggregate. Models will be used as a framework for analyzing the determination of the level of national output and for explaining fluctuations in employment, the price level, interest rates, productivity, and the rate of economic growth. Policy proposals will be appraised. Prerequisite: 111 and 112; MATH 170; and MATH 121 or MATH 225 or INBM 220 (for INBM majors only).
1030:TR   ALTHSE 207
ECON 278-01 Intermediate Microeconomic Theory
Instructor: Stephen Erfle
Course Description:
Neoclassical theory of relative prices of commodities and productive services under perfect and imperfect competition. The role of prices in the allocation and distribution of resources and commodities. Economic behavior of individual economic units like consumers, firms, and resource owners. Prerequisite: 111 and MATH 170.
1500:MR   ALTHSE 204
ECON 288-01 Contending Economic Perspectives
Instructor: Edward McPhail
Course Description:
A study of major heterodox economic theories such as Marxian, institutional, feminist, post-Keynesian, or Austrian economics. Students will study these contending economic perspectives through their historical evolution, methods and theoretical structures, and/or current policy debates. Prerequisites: 111 and 112.
1330:TF   ALTHSE 207
ECON 288-02 Contending Economic Perspectives
Instructor: Edward McPhail
Course Description:
A study of major heterodox economic theories such as Marxian, institutional, feminist, post-Keynesian, or Austrian economics. Students will study these contending economic perspectives through their historical evolution, methods and theoretical structures, and/or current policy debates. Prerequisites: 111 and 112.
1500:TF   ALTHSE 207
ECON 314-01 Advanced Marxian Political Economy
Instructor: Jonathan Cogliano
Course Description:
This course surveys the major aspects of Classical and Marxian approaches to understanding the capitalist world. The aim is to develop a deep understanding of the theoretical apparatus employed by the Classicals and Marx in order to confront modern issues of distribution, growth, finance, and crisis. The course will survey primary texts by the Classicals and Marx, as well as modern literature in this tradition in order to allow engagement with the cutting edge of this body of thought. The topics covered will include: the labor theory of value, Marxs theory of money, the tendencies of capitalist accumulation, social reproduction, the relationship of modern financial markets to the rest of the economy, the root causes of severe economic crises, and the possible limits of economic growth.
1330:W   ALTHSE 206
ECON 314-02 Gender and Development
Instructor: Mesude Kongar
Course Description:
Cross-listed with INST 290-06 and WGSS 302-01. This course examines the gender dimensions of economic development and globalization from the perspective of feminist economics. This perspective implies foregrounding labor, broadly defined to include paid and unpaid work, and examining gender differences in work, access to resources, and wellbeing outcomes, and how these are affected by macroeconomic policies and how gender inequalities are relevant for societal wellbeing. Since the early 1980s economic globalization has been achieved on the basis of a common set of macroeconomic policies pursued in industrial and developing countries alike. These policies frame both the gender-differentiated impacts of policy and the initiatives that are implemented to reduce inequalities between men and women. The main objective of the course is to examine the impact of these policies on men and women in the global South (a.k.a. developing countries/Third World) on gender inequalities and to evaluate the policies/strategies for reducing gender inequalities and promoting the well-being of all people. The pursuit of these objectives will entail first a brief examination of the central tenets of feminist economics and an historical overview of the policy-oriented field of gender and development. Gender-differentiated statistics will be reviewed as they pertain to the topics under discussion.
1500:MR   ALTHSE 206
ECON 314-03 Great Recession
Instructor: Emily Marshall
Course Description:
This course examines the events of the recent recession, as well as its causes and aftermath. Special attention is paid to the housing bubble that preceded the recession, how the crisis in the housing sector spread to the rest of the economy, the response of monetary, fiscal, and regulatory policies, and the disappointing rate of recovery after the official end of the recession. The seminar focuses on refining students theoretical and empirical skills and applying them to recent macroeconomic events. The recession was an extraordinarily complex event. Tools from diverse areas, including macroeconomics, microeconomics, law, finance, political science, and other disciplines, contribute to understanding its causes. Even with a full semester, we will only cover a small fraction of the material that I find worthwhile. If students are interested in an aspect of the recession that the class ignores or brushes over, I hope that you will consider making it the basis of the courses required research paper.
1330:MR   ALTHSE 07
ECON 314-04 Introduction to Public Choice
Instructor: Vlad Tarko
Course Description:
Public Choice is the application of economics to the study of non-market phenomena. It is concerned with the economic theory of collective action, of the public sector, of bureaucracies, of religion, of politics (democratic and authoritarian), and of criminal activities. In this course we will explore questions such as: What is the difference between private and public goods? What are common-pool resources and club goods? Under what conditions is it efficient for a collective problem to be addressed by government, by private arrangements, or to be ignored and left unsolved? How do democracies work, and why are they vulnerable to be captured by special interests? Why are voters so poorly informed and, yet, so passionate in their errors? How do we decide whether a collective problem should be addressed at federal, state, or local level?
1500:MR   ALTHSE 109
ECON 371-01 British and European Economic History
Instructor: Nicola Tynan
Course Description:
Rapid economic development took off in Britain during the eighteenth century. What were the causes and consequences of this first Industrial Revolution and why did it take place in Britain? Rapid population growth and migration meant that the distributional consequences were uneven. How effectively did poor relief in Britain alleviate poverty? The second industrial revolution was broader and encouraged economic policies focused on improving standards of living for all, through better housing, water and sanitation. By the twentieth century, Britain and Europe had lost the lead in technological advance to the United States. Why? What further economic changes resulted from two World Wars? This course will cover important questions in British and European economic history from the mid-1700s to mid-1900s.
1330:TF   ALTHSE 206