Introduction to modern microeconomics, macroeconomics, international economics, and political economy and their origin in the work of Adam Smith, J. Keynes, Karl Marx, and others. Specific economic problem areas will be discussed in depth. An examination of the role of money and the financial system in our economy, including the impact of Federal Reserve monetary policy. Selected issues in economic theory or policy. An examination of international economic relations today and of the theory used to analyze those trade and financial relations.
Attention is given to the problems of government policy with respect to international issues.
Not open to economics majors, who are advised to enroll in ECON 327, or students who have taken ECON 327. A historical analysis of Sub-Saharan African economic, social, and political development. Primary emphasis will be on the analysis of the economic crisis facing the subcontinent since the late 70s. A study of the causes of unemployment and poverty in the United States and policies to generate full employment and eliminate poverty. This course examines the causes and consequences of technological change on the economy, both in sweeping historical terms and in the specific context of some new technologies, with particular emphasis on the great theoreticians of economics and technology, on the path-dependent nature of technological change, and on some of the technological issues both microeconomic and macroeconomic that confront us as we enter the next century.