Modern theory of aggregate income and employment, with application to analysis of stabilization policies. EC 512 Industrial Organization and Public Policy. The theoretical and empirical study of large industrial firms in a market economy. The focus is on corporate and governmental policies affecting markets. A survey of the fundamental aspects of national income and price level analysis.
Emphasis is placed on the policy implications of current theoretic issues.
Theoretical and empirical analysis of the money supply process, the demand for money, the impact of money on the economy, and the implementation of monetary policy. EC 530 International Economics. Analysis and policy implications relating to the international movement of goods, resources, and financial assets. An examination of the foreign exchange market, exchange rate determination, international financial institutions, and the management of the risks associated with international business. The Theory of Economic Development.