Spring 2020

Course Code Title/Instructor Meets
ECON 111-01 Introduction to Microeconomics
Instructor: Behzod Ahundjanov
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.
0900:TR   ALTHSE 08
ECON 111-02 Introduction to Microeconomics
Instructor: Behzod Ahundjanov
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:TR   ALTHSE 08
ECON 112-01 Introduction to Macroeconomics
Instructor: Andrew Farrant
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:TF   DENNY 317
ECON 112-02 Introduction to Macroeconomics
Instructor: Andrew Farrant
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:TF   DENNY 317
ECON 112-03 Introduction to Macroeconomics
Instructor: Edward McPhail
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.
0830:MWF   ALTHSE 207
ECON 112-04 Introduction to Macroeconomics
Instructor: Edward McPhail
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.
0930:MWF   ALTHSE 207
ECON 214-01 Behavioral Economics
Instructor: Tricia Hawks
Course Description:
This course introduces students to the relatively new field of behavioral economics in which the ideas of psychology, sociology and, to a lesser degree, neurobiology, are reintroduced to economic models. Predictions of economic behavior are reconsidered by replacing or augmenting traditional theoretical economic assumptions with more realistic assumptions based on real-world observed behavior and experimental results. Special attention is paid to how such changes affect our theory of markets, social welfare and public policy. Topics include nudge theory, biases and heuristics, prospect theory, concepts of happiness as well as numerous forms of mis-behaving.
1330:MR   ALTHSE 08
ECON 214-02 Political Economy of Gender
Instructor: Ebru Kongar
Course Description:
Cross-listed with SOCI 230-03 and WGSS 202-02. 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 222-01 Environmental Economics
Instructor: Nicky Tynan
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.
1130:MWF   ALTHSE 207
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.
1330:W   ALTHSE 109
ECON 228-02 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.
1500:MR   ALTHSE 08
ECON 268-01 Intermediate Macroeconomic Theory
Instructor: Emily Marshall
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.
1330:MR   ALTHSE 109
ECON 278-01 Intermediate Microeconomic Theory
Instructor: Sohani Fatehin
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.
0930:MWF   ALTHSE 201
ECON 278-02 Intermediate Microeconomic Theory
Instructor: Sohani Fatehin
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.
1030:MWF   ALTHSE 201
ECON 288-01 Contending Economic Perspectives
Instructor: Ebru Kongar
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.
0900:TR   ALTHSE 207
ECON 298-01 Econometrics
Instructor: Kara Riesing
Course Description:
This course is an introduction to econometrics in which the tools of economic theory, mathematics, and statistical inference are applied to the analysis of economic data. Students will develop foundational knowledge of applied statistics and econometrics through exploration of empirical techniques relevant to quantitative economics including probability, estimation, hypothesis testing, correlation, modeling, simple and multiple linear regression analysis, and time series analysis. In addition, this course will cover basic extensions of a multiple linear regression model such as dummy variables and interaction terms. Students will use Stata, or other statistical analysis software widely used in economics, to understand and apply empirical work.Prerequisite: 111, 112, MATH 170, and MATH 121 (or INBM 220 or MATH 225)
1330:TF   ALTHSE 204
ECON 314-01 Applied Empirical Data Analysis
Instructor: Steve Erfle
Course Description:
Cross-listed with INBM 300-02. This course provides students with the opportunity to undertake their own empirical investigation on topics of their choice. Students are welcome to use the information that I have gathered but they are also encouraged to obtain and analyze data of their choosing, subject to professor approval. Students have access to start of year and end of year physical activity and stature measures for more than 10,000 middle school students, two thirds of whom had daily PE, as well as school district level data for the Commonwealth of Pennsylvania. This course will analyze the data obtained from this program. Students will learn how to use SPSS and Arc-GIS throughout the course of the semester. The class culminates in presenting your own findings in a poster presentation that is open to the public.
1230:W   ALTHSE 204
ECON 314-02 F. A. Hayek and the Political Economy of 1970's Britain
Instructor: Andrew Farrant
Course Description:
This course will provide a wide-ranging survey of the political economy of 1970s Britain. We will primarily focus on the strengths and weaknesses of F. A. Hayeks analysis of late 1960s and 1970s Britain. We will heavily focus on the logic of the analytical machinery that Hayek invokes to support his reasoning and conclusions. In particular, we examine Hayeks analysis of the logic of unlimited democracy, Hayeks argument that dogged adherence to full-employment policy would ultimately mutate into full-blown command planning, and Hayeks analysis of Britains unions. The class will place heavy emphasis on the importance of clarity when thinking and writing about the strengths or weaknesses of the various theories we are studying. The course is reading-intensive and requires much from you in terms of active participation (you also have the opportunity to help shape the direction of class discussion and the topics we explore).
1500:MR   DENNY 317
ECON 314-03 Economics of Disasters
Instructor: Kara Riesing
Course Description:
The earthquake in Haiti, the tsunami in Japan, Hurricane Katrina in the US All of these natural disasters have one thing in common. They left behind them massive destruction. This course explores the economic aftereffects of natural disasters using models previously examined in principles and intermediate level classes. Readings in the class focus on a broad range of disasters and their effects on specific countries as well as the heterogeneous effects that disasters have on developed and developing countries.
1500:TF   ALTHSE 110
ECON 373-01 History of Economic Thought
Instructor: Edward McPhail
Course Description:
This course provides an appraisal of the origins and evolution of selected economic theories, primarily through the works of great economists of the past. Past economic works are analyzed in their theoretical and historical context. Prerequisites: 268, 278 and 288.
1030:MWF   ALTHSE 207
ECON 398-01 Advanced Econometrics
Instructor: Anthony Underwood
Course Description:
This course covers some advanced topics in applied econometrics. Students will apply multiple regression analysis to both cross-sectional and longitudinal (panel) data to familiarize students with a variety of advanced econometric techniques including instrumental variable analysis, differences-in-differences methods, limited dependent variable models, and dynamic panel analysis. Students will conduct individual empirical research projects using Stata, or other statistical analysis software widely used in economics, to enable students to understand and apply the conventions of empirical research in economics. We will cover elements of technical writing, reviewing existing literature, data collection and organization, and file management for complete transparency and reproducibility. Prerequisites: 268 or 278, and 298.
1330:MR   STERN 11
ECON 496-01 Political Economy of Health
Instructor: Ebru Kongar
Course Description:
Permission of instructor required
1330:W   ALTHSE 206
ECON 496-02 Asset Price Bubbles and Financial Crises
Instructor: Emily Marshall
Course Description:
Permission of Instructor Required.
1330:W   ALTHSE 110
ECON 496-03 Economic History of the United States
Instructor: Nicky Tynan
Course Description:
Permission of Instructor Required.
1330:MR   ALTHSE 206
ECON 496-04 Economic Demography and Sustainable Development
Instructor: Anthony Underwood
Course Description:
Permission of Instructor Required.
1330:T   STERN 7
ECON 500-01 Rural Economic Development in the Mid-Atlantic Region
Instructor: Nicky Tynan
Course Description:
 
ECON 500-02 Historical and Economic Perspectives
Instructor: Nicky Tynan
Course Description:
 
ECON 550-01 Analysis of Agriculture Intensification and Economic Growth
Instructor: Anthony Underwood
Course Description: