Economics - Graduate Courses

Economics

Graduate Courses

ECN 510
Economic Analysis of Enterprise 3 credits
An analysis of decision making under changing economic conditions. Managerial objectives and the principle of optimization. Problems and behavior of the firm under different market situations. Marginalist and full-cost pricing.

ECN 512
Analysis of Economic Conditions 3 credits
A survey of the measurement, analysis and control of aggregate economic activity. The theory of aggregate income determination, government spending and tax policy. Supply and demand for money. Interest rate determination. Problems of inflation, employment and economic growth.

ECN 520
Economic Policy 3 credits
(Prerequisites: ECN 510 and ECN 512.) An analysis of current economic and social problems, such as the role of government in a market-oriented society, externalities, market structure, regulation, anti-trust, crime reduction, education, health, income maintenance. Impact of government budgets upon resource allocation and the distribution of income. Monetary and fiscal policies. Inflation, employment, growth and the international dimension of policies.

ECN 545
Economics of the Public Sector 3 credits
(Prerequisite: ECN 510 or equivalent.) The role of the public sector in a market-oriented economy. Efficiency criteria in public decision-making, budgeting, setting of priorities. Economic analysis of the incidence and economic effects, particularly on resource allocation and income distribution of major taxes, including their structures. Problems of intergovernmental relations.

ECN 546
Money and Capital Markets 3 credits
(Prerequisites: ECN 510 and ECN 512.) A flow of funds approach to the study of financial institutions and markets. Analysis of the nature and role of monetary and non-monetary financial institutions. Effects of cyclical and secular changes in business activity. Federal Reserve policies and treasury operations in the financial markets. Interworking of financial and nonfinancial markets.

ECN 548
Business Forecasting 3 credits
(Prerequisites: MBA 520 or equivalent.) A study of the nature, techniques and problems of business forecasting. Indicators of business activity. Short-run econometric forecasting models and the construction of aggregate forecasts and forecasts for major sectors of the economy. Application of aggregate and sector forecasts to particular industries and firms. Long-run predictions. (Formerly ECN 520.)

ECN 565
Theory of International Trade 3 credits
(Prerequisites: ECN 510 and ECN 512 or consent of the instructor.) An approach to the theory of international trade. The determination of the amount and composition of goods and services traded by nations, the terms of trade and changes in the structure of world trade. The impact of international trade on domestic stability, welfare and development. International factor price equalization, location theory and general methods of international economic relations. Qualitative and quantitative trade barriers.

ECN 566
International Monetary Analysis 3 credits
(Prerequisite: ECN 565 or consent of the instructor.) An analysis of monetary and financial problems, adjustment mechanisms and policies of international trade. The foreign exchange market, capital flows, the problem of international liquidity. Particular, cyclical, secular and structural disequilibria in balance of payments. Gold movements. The role of national central banks and international monetary agencies.

ECN 585
Seminar in Monetary and Fiscal Policy 3 credits
(Prerequisites: ECN 510, ECN 512 and ECN 546 or consent of instructor.) A study of monetary and fiscal policies designed to achieve maximum employment, price stability and economic growth. International interrelationships.