Course Descriptions
Econ 102: Principles of Macroeconomics
This course provides the basic grounding in Macroeconomics necessary to pursue further study economics and better understand the way the economy “works.” The course begins with an introduction to macroeconomic concepts and their measurement. Then, these concepts will be analyzed using long-run, short-run, and open economy models of macroeconomic phenomena. In the final course meetings issues of globalization and the macroeconomics of developing economies are covered.
Pre-requisites: Principles of Microeconomics (Econ 101)
Required for all Economics and International Relations majors.
Econ 203: Econometrics
Do women earn less than men? Does raising a country’s per capita income lead to a lower fertility rate? This course is designed to acquaint you with the statistical methods that economists use, primarily regression analysis, to test economic models and examine empirical relationships. Although much of the course will focus on the mathematical development of the methodology, real world applications will be introduced frequently to demonstrate how these tools are used in practice. You will learn to use a statistical software package, Stata, to analyze data. The final paper project will give you an opportunity to identify an interesting question and evaluate data to test their hypothesis.
Pre-requisites: Principles of Microeconomics (Econ 101), Principles of Macroeconomics (Econ 102), and Introduction to Probability and Statistical Methods (Econ 103).
Required for all Economics and International Relations - Economics majors.
Econ 220: Development Economics
Development Economics provides an introduction to the economic analysis of low and middle income countries. We will start by comparing the basic theories of macroeconomic growth and microeconomic development. We will then use both case study and economic modeling to analyze the implications that levels of inequality, population growth, education, and health can have on development. The final project will allow you to be policy analyst as you evaluate the current progress and future perspectives for a UN Millennium Development Goal in a particular country.
Pre-requisites: Principles of Microeconomics (Econ 101) and Principles of Macroeconomics (Econ 102). Introduction to Probability and Statistical Methods (Econ 103) recommended.
Qualifies as an elective for both the Economics and International Relations majors.