Contemporary Socioeconomic Problems. An analytical investigation of the economic aspects of certain current social issues. The methods of price and welfare theory are used to analyze the causes of air, water, and other environmental pollution, to examine their impact on economic welfare, and to evaluate selected policy alternatives for managing our environment. International Economic Theory. Factors affecting the exchange of goods and services and the flow of capital between markets.
Theory is stressed.
Not offered 2000-2001. Theory of Value. A study of consumer preference, the structure and conduct of markets, factor pricing, measures of economic efficiency, and the interdependence of markets in reaching a general equilibrium. The application of statistical techniques to the analysis of economic data. Economic and Financial Development in the 19th and 20th Centuries.