A thorough examination of advanced value theory and a brief survey of distribution theory. EC 511 Advanced Macroeconomic Theory Modern theory of aggregate income and employment, with application to analysis of stabilization policies. The theoretical and empirical study of large industrial firms in a market economy. The focus is on corporate and governmental policies affecting markets. Macroeconomic Policy A survey of the fundamental aspects of national income and price level analysis.
Emphasis is placed on the policy implications of current theoretical issues.
EC 530 International Economics Analysis and policy implications relating to the international movement of goods, resources, and financial assets. A comprehensive study of classical and modern theories of economic progress. Particular emphasis is given to the less developed countries and to the role of institutions. A study of the development of economic ideas, from the classical writers down to the present. Econometrics A quantitative analysis of actual economic phenomena based on the current development of theory and observation, related by appropriate methods of inference.