Topics include time allocation and labor supply, demand for labor, investment in human capital and education, wage differentials and wage discrimination , and other issues of current interest. A study of issues raised in political science using a methodology of economics. The theory of the state, voting rules, voter behavior, logrolling, vote trading, party politics, and the bureaucracy are studied, and efficient strategies for political organization and coalition formation are developed. This course explores basic concepts and models of economic growth and development and considers their application to analysis and understanding of current problems facing several developing countries. An introduction to some basic topics and methods of mathematical economics.
Emphasis is on the role of optimization techniques in economic models.
Math 213 . This course introduces econometrics, the branch of economics that deals with the statistical measurement and testing of relationships between economic variables. Selected application from microeconomics and macroeconomics are studied. An analysis of selected issues in American economic development using the tools of economics. Topics include basic history of growth and structure since colonial times, population and migration, the labor force, agriculture, money and banking, transportation, slavery, the Civil War, industry studies, the Great Depression, and the growth of the government sector and regulation.