Identification, measurement, and interpretation of demand, production, cost and consumption relationships, including simple and multiple regression analysis of time series and cross sectional data. An examination of the institutional background necessary for urban and regional growth. An introduction to theoretical models of growth. In-depth research and analysis of selected economic issues and problems. Required of all seniors majoring in economics or banking.
Students participate in discussions of significant economic problems, theories and policies.
Preparation of empirical papers that apply theoretical models and quantitative methods is required. These papers will be presented orally and in writing to the seminar participants. Intensive study of economic decision techniques for management. Primary emphasis will be placed on the understanding and application, rather than the theoretical and computational aspects, of these techniques. Microeconomic topics include supply and demand analysis and market structure.