Areas of market failures and the rationale for government intervention are also described. A Eco 300 or permission of the instructor. The application of economic concepts such as efficiency, externalities, and trade-offs to the analysis of common law, crime and punishment, product safety laws, and other legal interventions in market and nonmarket behavior. A Eco 300. Some general discussion of data sources, the derivation of index numbers and other problems that might be encountered in estimating economic relations.
Emphasis is on class presentation and analysis of student projects.
A Eco 320. A Eco 420Z is a writing intensive version of A Eco 420. Only one may be taken for credit. A Eco 320. Introduction to computer use and applications in economics, econometrics, and data analysis.