An examination of the economic approach to understanding resource use and pollution, with emphasis on the latter. A study of the economics of urban areas, with an emphasis on location theory and the application of microeco-nomic theory to the analysis of urban policy issues. A survey of the economic theory of alternatively-structured organizations, especially those based on the democratic principle of one person one vote. This course examines economic theories of organizations that contrast with the traditional capitalistic firm of the West, in which control is based on property ownership with the primary goal of profit maximization. A study of elementary econometrics for the economics major.
Emphasis is placed on problem formulation, analysis, and solution methods.
An in-depth study of special topics or issues in economics. Topics may include theoretical, applied, or policy economics issues, as well as issues in historical, institutional, or critical economics studies. With the department head's consent, this course may be repeated for credit. A study of the balance of payments adjustment mechanisms and their impact on national economies. Factors such as alternative exchange rate regimes, international movements of capital, foreign exchange intervention, exchange rate variations and their impact on foreign exchange markets are considered.