Faculty Profile

Steve Erfle

Professor of International Business and Management (1989)

Contact Information

erfle@dickinson.edu

Althouse Hall Room 102
717.245.1635
http://users.dickinson.edu/~erfle/

Bio

Is author of Intermediate Microeconomics: An Interactive Approach, Textbook Media Press, 2016, and is coauthor of Managerial Economics: Economic Tools for Today’s Decision Makers, 7th edition, Pearson, 2013 with Paul Keat and Philip Young. He is interested in interdisciplinary research and teaching pedagogy. He has consulted for Seagram Classics Wine Company, BlueSky Investment Management, and the Pennsylvania Department of Health and his published research ranges from economics and economic pedagogy to political geography and communications theory to physical education and public health.

Curriculum Vitae

Education

  • B.S., University of California at Davis, 1977
  • B.A., 1977
  • M.A., Harvard University, 1981
  • Ph.D., 1983

2017-2018 Academic Year

Fall 2017

ECON 111 Intro to Microeconomics
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.

ECON 111 Intro to Microeconomics
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.

ECON 111 Intro to Microeconomics
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.

INBM 220 Managerial Decision Making
Students must register for one of the two labs offered with this course - INBM 220-LA-Friday 9:30 - 10:20 or INBM 220-LB-Friday 10:30-11:20.

INBM 220 Managerial Decision Making
Students must register for one of the two labs offered with this course - INBM 220-LA-Friday 9:30 - 10:20 or INBM 220-LB-Friday 10:30-11:20.

INBM 220 Managerial Decision Making
Applies the principles and methods of economics to analyze problems faced by managers in a business or other type of organization. This course emphasizes how managers can (and should) use economic tools to further the objectives of the organization. Emphasis is on application of theory to actual business decisions. Many applications will require students to build economic models using spreadsheets, just as they will be required to do in a business setting. Prerequisite: ECON 111 and INBM 110.

INBM 220 Managerial Decision Making
Applies the principles and methods of economics to analyze problems faced by managers in a business or other type of organization. This course emphasizes how managers can (and should) use economic tools to further the objectives of the organization. Emphasis is on application of theory to actual business decisions. Many applications will require students to build economic models using spreadsheets, just as they will be required to do in a business setting. Prerequisite: ECON 111 and INBM 110.

ECON 247 Money and Banking
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.

ECON 247 Money and Banking
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.

ECON 268 Inter Macroeconomic Theory
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.

ECON 278 Inter Microeconomic Theory
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.

ECON 349 Development Economics
Introduction to the economics of less developed countries, covering their growth potential, international trade, human resources, urbanization, agriculture, income distribution, political economy, and environment. Both mainstream and heterodox approaches may be explored. Prerequisites: 268 and 288.

ECON 371 Economic History
Key events in economic history, such as the Industrial Revolution and the Great Depression, will be explored in terms of their main causes, effects, policy implications, and lessons for the modern world. Specific topics will vary, but the emphasis is on issues in 19th and 20th century British and U.S. economic history. This course may be taught as a standard or Writing Intensive elective. Prerequisites: 268, 278 and 288.