Includes net present value theory, the capital asset pricing model, capital market efficiency, dividend and capital structure issues, and option models. Economics 211 recommended. Econometrics Mr. Martin Theory and applications of linear regression modeling to the analysis of economic theory and to the forecasting of economic variables. Industrial Organization Ms. Chaston Theoretical basis for antitrust laws and the regulation of industries. Mergers, market power, economies of scale, barriers to entry, and contestable market theory.
Emphasis is placed on past and recent antitrust cases.
324 Labor Economics Mr. Foley , Mr. Ross Labor markets, unionization, unemployment, and public policy primarily in the setting of the United States. Mr. Smith Analysis of the role the public sector plays in a mixed economy. Topics include public goods, externalities, tax policy, expenditure policy, budget deficits, and the national debt. Includes proposals for tax, welfare, and health care reforms. Mr. Kumar Money and financial systems.