The department recommends ECON 201 to students intending to take only one semester of principles. Includes theoretical analyses and empirical evidence on the intended and unintended effects of these programs, and discusses reforms of the welfare system that might lead to better achieving its goals. Covers the same topics as ECON 301 using differential calculus through constrained maximization of functions of several variables. Credit is not be given for both ECON 301 and ECON 311. Includes simple and multiple regression analysis.
Students use computers to analyze economic data.
Emphasizes applied econometric studies and the problems that arise when analyzing time series and cross section data by means of stochastic linear models. Covers the same topics as ECON 371 using differential and integral calculus. Credit is not given for both ECON 371 and ECON 381. Emphasizes solving problems through marginal analysis, decision making under uncertainty, determining and using the value of information, searching and bidding, bargaining and negotiation, and analysis of transaction costs. Required for Distinguished Majors but open to any advanced student who has been successful in economics.