Specific topics will be announced at preregistration. Topics covered include the historic, geographic, political, and cultural setting, planning and plan implementation in the traditional system, current reforms and prospects for the future, with special reference to the foreign trade institutions and experience of foreign firms doing business in the post-Soviet Union and East European countries. An introduction to the development of economic thought beginning with the Mercantalists and including such schools as the classical, socialist, neoclassical, institutionalist, Keynesian, Chicago, and Galbraithian. ECO 380 Introduction to Econometrics Introduces the basic concepts and methods of econometric analysis. The fundamental techniques of constructing and testing econometric models are examined and analyzed with particular emphasis on their applicability in business and government decision-making.
Students have the opportunity to construct and simulate their own versions of an econometric model.
ECO 450 Seminar in Economic Research Teaches students the skills required to conduct an independent research project. Students learn to select a topic, conduct a thorough literature review, collect and analyze relevant data, apply relevant economic theory to the topic, and organize the material into a coherent project. By the end of the semester, students will give oral presentations and will prepare a final written paper. This course is available to qualified economics majors and minors. This course can be used as a business or free elective.