The study of theory and tools of environmental and resource economics, ozone depletion and global warming, acid deposition, exhaustible resources including engery, minerals, materials and waste, renewable resources including fisheries, temperate forests, tropical forests, biodiversity and habitat, and water resources, government regulations and enforcement, and other topics such as clean technology, toxics in the ecosystem, the environment and economic growth in other countries, and prospects for the future. Credit 3 hours. Credit 3 hours. A survey of market structures and performance and the role of antitrust policy in the manufacturing sector of the economy. Empphasis is placed on methods and techniques used in measuring market structures and performance, and on antitrust policy with regard to the control of market structures, price fixing agreements, and other restrictions on manufacturing firms conduct.
Public regulation is considered both in theory and in practice.
Credit 3 hours. Credit 3 hours. The development of aggregative economic analysis and its application to national income theory, the level of employment and economic growth. Attention is given to the dynamic aspects of income and employment fluctuations and the adoption and application of economic policy. Credit 3 hours.