May 06, 2024  
University Catalog 2016-2017 
    
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University Catalog 2016-2017 [ARCHIVED CATALOG]

Course Descriptions

 

Economics and Statistics (Undergraduate)

Upper division status is prerequisite to enrollment in 3000- and 4000- level ECON courses.
  

  • ECON 1090 - Quantitative Reasoning with Statistics

    (also listed as MATH 1090)
    (3)
    Prerequisite: Score of 50 or more on ELM or MATH 0930 with a minimum C grade within the last year. Principles of quantitative reasoning, data presentation, descriptive statistics, correlation, probability, distributions of random variables, sampling distributions, interval estimation, and statistical inference, with multi-disciplinary applications.  Graded ABC/NC. 

    GE B4
  

  • ECON 1500 - Economics for the Citizen

    (3)
    Analysis of contemporary American economic problems. Topics may include inflation, unemployment, discrimination, costs and benefits of control of crime, and pollution.

    GE D
  

  • ECON 2010 - Principles of Economics I: Microeconomics

    (3)
    Basic concepts and tools of economic analysis; prices and outputs, marketing structures, wages and profits; international trade and effects of tariffs.
  

  • ECON 2020 - Principles of Economics II: Macroeconomics

    (3)
    Prerequisite: ECON 2010. Concepts and tools of aggregate economic analysis; inflation, unemployment, balance of payments, national income; determinants of the level of economic activity; money and banking; the role of government.
  

  • ECON 2090 - Applied Business and Economic Statistics I

    (3)
    Prerequisite: MATH 0930 or satisfactory score on mathematics placement examination. Elementary business and economics statistics with computer applications; descriptive statistics, frequency distribution, probability, sampling distribution, estimation, and significance tests. Some sections may be technologically mediated.

     
  

  • ECON 3030 - Money, Banking, and the Economy

    (3)
    Prerequisite: ECON 2020. Nature and flow of money and credit; influence on prices, production, and employment; the Federal Reserve and banking systems; national income, and international monetary relations. Some sections may be technologically mediated.
  

  • ECON 3060 - Statistics for Business Analysis and Decision Making

    (3)
    Prerequisites: Satisfactory completion of GE Block B4.  Data collection methods; descriptive statistics; sampling analysis; hypothesis testing; multiple regression; qualitative data analysis; seasonality, trend and time-series forecasting; moving average and exponential smoothing.  Use of Excel is required. 
  

  • ECON 3090 - Applied Business and Economic Statistics II

    (3)
    Prerequisite: ECON 2090 or ECON/MATH 1090. Data analysis using spreadsheet software: sampling, testing and statistical inference; study of relationships between variables within business contexts; regression, correlation and time-series analyses with business applications including forecasting. Some sections may be technologically mediated.
  

  • ECON 3100 - Managerial Economics

    (3)
    Prerequisites: ECON 2010 (ECON 3090 recommended). Managerial application of microeconomic principles; emphasis on real world issues for business decision-making. Applied subjects include empirical analysis of sales and costs, pricing practices, nonprice competition, and government intervention. Some sections may be technologically mediated.
  

  • ECON 3340 - Environmental Issues and Policy

    (3)
    Prerequisite: Completion of GE blocks A and B4, an additional course from block B, and at least one course each from blocks C and D. Evaluate the social cost of environmental damage; examine social equity concerns arising from environmental degradation; evaluate the equity and efficiency of various public policies designed to address environmental damage.

    GE UD D
  

  • ECON 3500 - Economics of Poverty and Inequality in the U.S.

    (3)
    Prerequisite: ECON 1500 or 2010, or 2020. Concept and measurement of poverty; analysis of both economic causes and effects of poverty; policy implications and remedies.
  

  • ECON 3600 - Developing Countries and the New Global Economy

    (3)
    Prerequisites: Completion of Blocks A and B4, an additional course from Block B, and at least one course each from Blocks C and D. Overview of economic factors that influence the development and participation of today’s developing countries in the global economy; problems with economic transition, environment, technology, and impact of global financial, trade, and investment systems.

    UD GE D
  

  • ECON 3650 - Economics of the Latino Community

    (3)
    Prerequisite: Completion of GE blocks A and B4, an additional course from block B, and at least one course each from blocks C and D. Analyze socioeconomic characteristics of the US Latino community. Recognize how factors such as ethnicity, race and institutions contribute to the community’s development. Topics include: poverty, inequality, healthcare, immigration, and education.

    GE UD D (re)
  

  • ECON 4010 - Mathematical Economics

    (3)
    Prerequisites MATH 2110. Mathematical treatment of economic problems with emphasis on optimization models, using calculus and matrix algebra.
  

  • ECON 4030 - Macroeconomics

    (3)
    Prerequisites: ECON 2020.  Macroeconomic theory; determination of national income, theories of aggregate consumption, investment, unemployment, the price level; national income and product accounts; theory of growth.
  

  • ECON 4100 - Microeconomics

    (3)
    Prerequisite: ECON 4010. Advanced microeconomic theory; economic analysis and evaluation of market system of resource allocation and income distribution.
  

  • ECON 4110 - Market Structure and Strategic Firm Behavior

    (3)
    Prerequisite: ECON 2010. Studies firm behavior in perfectly and imperfectly competitive markets. Analyzes strategic interaction among firms and among stakeholders in game-theoretic settings. Examines public policy issues, including antitrust and other government regulations.
  

  • ECON 4140 - Econometrics I

    (3)
    Prerequisite: ECON 3090. Use of statistics to measure economic relationships, test economic theories, and prepare forecasts; emphasis on advanced regression techniques and data analysis; use of computer software.
  

  • ECON 4150 - Applied Economic and Business Forecasting

    (3)
    Prerequisite: ECON 3090. Hands-on training for forecasting economic/business trends with major proprietary computer software used by professionals; main concepts and modeling techniques in forecasting; diagnostic checking; model selection; forecast evaluation and reporting.
  

  • ECON 4260 - International Political Economy

    (also listed as POLS 4260)
    (3)
    A three unit course in each of the disciplines: Economics and Political Science. Interaction of politics and economics in the international arena.
  

  • ECON 4300 - Labor Economics

    (3)
    Prerequisite: ECON 2020. Use of labor resources in economic system; employment, wage rates, development of unions and collective bargaining; labor legislation.
  

  • ECON 4330 - Economics of the Public Sector

    (3)
    Prerequisites: ECON 2010 and 2020. Role of government in the economy; discussions of issues in social security, social welfare, public education, budget deficit and debt, government taxation, and fiscal policy.
  

  • ECON 4340 - Environmental Economics

    (3)
    Prerequisite: ECON 1500 or 2010. Economic principles that apply to environmental issues; measuring economic cost of environmental damage; evaluation of public policies designed to address environmental problems resulting from market activities.
  

  • ECON 4350 - Market Indicators and Federal Reserve Policy

    (3)
    Prerequisite: ECON 3030. Analysis of Federal Reserve policy on interest rates; evaluation of market reports of economic indicators; effects on financial markets; leading/coincident/lagging indicators; business cycles and financial cycles.
  

  • ECON 4400 - Urban and Regional Economics

    (3)
    Prerequisite: ECON 2010. Role of economic analysis in dealing with urban and regional problems; growth, land use, housing, transportation, and income distribution; emphasis on role of economic models in policy making.
  

  • ECON 4540 - Special Topics in Economics and Statistics

    (3)
    Prerequisite: Varies with topic; see Schedule of Classes for specific prerequisites. In-depth presentation and analysis of topics significant to contemporary business world; lectures, discussions, speakers, and research projects. May be repeated for 16 units as subject matter changes.
  

  • ECON 4600 - Economics of Developing Countries

    (3)
    Prerequisite: ECON 1500, or 2020. Contemporary economic issues in developing countries; theories of development; problems with population growth, investment, technology, and entrepreneurship; role of trade and international finance; foreign aid and external debt; government policy.
  

  • ECON 4610 - Economics of International Trade

    (3)
    Prerequisite: ECON 2020. Economic analysis of how and why commodities are traded among nations; tariffs and quotas; common market and other international institutions.
  

  • ECON 4620 - International Monetary Economics

    (3)
    Prerequisite: ECON 2020. Economic analysis of international currency and bond market dynamics. Implications of fiscal, monetary and exchange rate policies for financial markets. Trade and capital flows.  Study of currency and financial crises.
  

  • ECON 4650 - Current Issues in Latin American Economies

    (3)
    Prerequisite: ECON 1500 or ECON 2020. Analysis of factors determining the performance of Latin American economies, including external debt, trade, economic integration, labor market and institutions. Economic issues facing the U.S. Latino community are also discussed.​
  

  • ECON 4720 - Labor Relations and Collective Bargaining

    (3)
    Prerequisite: ECON 2020. Recommended corequisite: ECON 4300. Relations between employers and employees as the latter are represented by organized labor; collective bargaining as it relates to recognition, wages, hours, working conditions, grievance procedure, seniority, and health and safety.
  

  • ECON 4800 - Economics of Health Care

    (3)
    Prerequisite: ECON 2010. Introduction to the economics of health care; covers basic economic concepts important to the study of the health care sector; compares health care in the US to other countries. 
  

  • ECON 4900 - Issues in the Economics of Globalization

    (3)
    Prerequisites: ECON 2010 and 2020. Contemporary issues in globalization and international monetary cooperation, including international capital flows, central banking in emerging market economies, international debt, global and regional economic integration and international economic policy coordination.
  

  • ECON 4910 - Data Analysis, Reporting and Presentation

    (3)
    Prerequisite: Upper division required courses for Applied Economics and Social and Behavioral Science options. Use of a major statistical software package for data analysis; introduction to widely used economic databases; data presentation; research report writing and oral presentation.
  

  • ECON 4990 - Undergraduate Directed Study

    (1-3)
    Prerequisites: Economics major, senior standing, and consent of an instructor to act as sponsor; ability to assume responsibility for independent work and to prepare oral and written reports. Project to be selected in conference with sponsor before registration; progress meetings held regularly. May be repeated for 20 units of credit.

Economics and Statistics (Graduate)

All 4000-level courses may be applied toward master’s degree requirements subject to limits established by the department and approval of the graduate adviser. Classified graduate standing and approval by the College of Business and Economics Advisement Center are required for admission to all 5000-level courses.
  

  • ECON 5000 - Fundamentals of Business Economics

    (3)
    Business Economics: markets, demand, consumer behavior, nature of firms, measuring economic activity, inflation unemployment, money and banking, and the role of the government. Some sections may be technologically mediated.
  

  • ECON 5010 - Quantitative Methods for Business Decision-Making

    (3)
    Statistics and quantitative methods including descriptive statistics, statistical inference, hypothesis testing, correlation and regression, time series forecasting, inventory models, simulation, queuing, and decision under uncertainty. Some sections may be technologically mediated.
  

  • ECON 5100 - Seminar: Applied Microeconomic Analysis

    (3)
    Prerequisite: ECON 4100. Modern microeconomic theory and applications: empirical modeling of demand, cost, and production; practical illustrations of such applied topics as pricing practices of firms and public policy issues.
  

  • ECON 5140 - Seminar: Econometric Analysis

    (3)
    Prerequisite: ECON 3090. Advanced treatment of statistics; employing the linear regression model and its extensions to analyze economic systems and test economic theories.
  

  • ECON 5150 - Seminar: Applied Econometrics

    (3)
    Prerequisites: ECON 5140 Topics in applied econometrics; statistical procedures for graduate level research; cover models involving cross-section, time series and panel data; use of econometrics software.
  

  • ECON 5200 - Seminar: Macroeconomics and Monetary Policy

    (3)
    Prerequisite: ECON 4030. Major macroeconomic issues and policy debates; consumption and investment behavior; government debt; wage/price rigidities; inflation, unemployment and stabilization policies; implementation of monetary policy.
  

  • ECON 5210 - Seminar: International Macroeconomics and Currency Crises

    (3)
    Prerequisite: ECON 5200. Major issues in international capital flows and currency fluctuations; exchange rates and central-bank intervention; financial crisis analysis and management; financial vulnerability indicators; contagion of financial crises.
  

  • ECON 5330 - Seminar: Public Sector Economics (3)

    Prerequisite: ECON 4100 and ECON 4140. Analysis of government spending and taxation policies at the graduate level; examination of public policy in various contexts including education, health and social welfare
  

  • ECON 5450 - Seminar: Urban and Environmental Economics

    (3)
    Prerequisite: ECON 4100 and ECON 4140. Analysis of urban and environmental policy at the graduate level; emphasis on the intersection between urban areas and environmental issues.
  

  • ECON 5600 - Seminar: Current Issues in Economic Development

    (3)
    ECON 4100 (ECON 4030 Recommended) . In-depth analysis of contemporary economic issues in developing countries, for example, population growth, domestic and foreign investment, technology, trade, foreign aid, external debt, and government policy.
  

  • ECON 5610 - Seminar: International Economics

    (3)
    Prerequisites:ECON 4100 (ECON 4030 is recommended). Analysis of current international issues concerning cross-border trade and capital flows; methods of trade policy analysis; implications of regional and global economic integration.
  

  • ECON 5800 - Seminar: Health Economics

    (3)
    Prerequisite: ECON 4100 and ECON 4140. Introduction to theories and research of health economics at the graduate level; coverage of public goods, pricing and competition theories, and government intervention in the health care sector.
  

  • ECON 5910 - Research in Economics

    (3)
    Prerequisite: Completion of the core of the Economics graduate program. Review of social science research methodology; use of major statistical software package; methods of locating and constructing data sets; exercise in writing and presenting empirical research.
  

  • ECON 5960 - Graduate Studies

    See the Comprehensive Examination in the requirements for the Master’s Degree   section of this chapter.
  

  • ECON 5970 - Graduate Studies

    Prerequisites: Instructor consent to act as sponsor and approval of Associate Dean. Independent research under guidance of faculty member. Acceptable final written report required. May be repeated for credit with approval of instructor and Associate Dean. Graded CR/NC.
  

  • ECON 5980 - Graduate Directed Study

    (1-3)
    Investigation of an approved project leading to an oral and/or written report; project selected in conference with seminar professor before registration, and arrangements made for regular meetings during quarter. May be repeated for credit.
  

  • ECON 5990A - Thesis

    (2)
    Prerequisites: Completion of required core courses, written approval of graduate adviser. Work on thesis under direct supervision of thesis committee. Graded CR/NC.
  

  • ECON 5990B - Thesis

    (2)
    Prerequisites: ECON 5990A, written approval of thesis committee chair. Completion of thesis under direct supervision of thesis committee. Graded CR/NC.
  

  • ECON 9000 - Graduate Studies

    (0)
    Prerequisite: ECON 5970. Courses in the 9000 series are open only to graduate students who have previously enrolled in thesis or project units (5990 and 5991), but will use University facilities or consult with faculty.