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2012-2013 Catalogue

Courses in Economics

EC 011 - Principles of Macroeconomics
Introduction to economic concepts, institutions, and analysis, particularly as related to the economy as a whole.
Credits: 3.
EC 012 - Principles of Microeconomics
Study of individual economic units with particular emphasis on market interactions among firms and households. Prerequisite: EC 011.
Credits: 3.
EC 020 - Economic Problems
Exploration of a current economic issue. Topics vary and may include international trade, debts and deficits, environment, ethnicity, race and gender, and employment and work.
Credits: 3.
EC 040 - D2:Economics of Globalization
An examination of the dimensions, causes and consequences of the international flows of goods and services (trade), people (migration), and financial capital.
Credits: 3.
EC 045 - D2: Latin American Development
The course addresses the Latin American development process from a comparative perspective, highlighting the diversity within the region and the role that culture, traditions and political institutions played in shaping the region's path of growth.
Credits: 3.
EC 060 - Capitalism & Human Welfare
Investigates theories of growth of the capitalist economy and the historical process of the ascendance, domination, and recent relative decline of the U.S. economy.
Credits: 3.
EC 095 - Intro Special Topics
See Schedule of Courses for specific titles.
Credits: 1-18.
EC 096 - Intro Special Topics
See Schedule of Courses for specific titles.
Credits: 1-18.
EC 110 - American Economic History
Survey of the economic history of the U.S. from colonial origins through early 20th century, emphasizing economic and institutional changes and events promoting economic growth and development. Prerequisites: EC 011, EC 012 or Instructor permission.
Credits: 3.
EC 120 - Money and Banking
Commercial and central banking with special attention given to the Federal Reserve system, monetary theory, and policy. Prerequisites: EC 011, EC 012 or Instructor permission.
Credits: 3.
EC 130 - Public Policy
Revenues and expenditures of federal, state, and local governments and intergovernmental relationships; the effects of expenditures and taxation upon individuals, business institutions, and the national economy. Prerequisite: EC 011, EC 012 or Instructor permission.
Credits: 3.
EC 133 - Economics Environmental Policy
Investigation of the relationship of markets and government regulation to environmental quality. Alternative public policies to improve efficiency and equity will be evaluated. Prerequisites: EC 011, EC 012 or Instructor permission.
Credits: 3.
EC 135 - Law and Economics
Economic analysis of the law, including property, contracts, torts and criminal law. Covers accident and malpractice compensation, product liability, breach of contract, deterrence of crime. Prerequisite: EC 012.
Credits: 3.
EC 138 - Game Theory
Formal analysis of strategic interactions, in which decisions are based on the possible reactions of others, with applications to business, politics, and human relationships. Prerequisites: EC 011 & EC 012, or permission of Instructor.
Credits: 3.
EC 140 - Economic Development
Theories of economic growth applied to developing countries of the contemporary world including the political and social determinants of economic progress. Prerequisites: EC 011, EC 012 or Instructor permission.
Credits: 3.
EC 143 - International Econ I: Trade
Trade Theory, policy, and history of international trade patterns, terms of trade, protectionism, competitiveness, structural adjustment, and international aspects of microeconomics. Prerequisites: EC 011, EC 012, or Instructor permission.
Credits: 3.
EC 146 - International Econ II:Finance
Finance Theory, policy, and history of foreign-exchange markets, balance of payments, world monetary arrangements, and international aspects of macroeconomics and capital markets. Prerequisites: EC 011, EC 012, or Instructor permission.
Credits: 3.
EC 150 - Labor Economics
The economics of work, including wage determination, unemployment, productivity, discrimination, unions, and policy issues. Prerequisites: EC 011, EC 012, or Instructor permission.
Credits: 3.
EC 153 - D1:African Amer in the US Econ
An examination of historical and contemporary inequality between whites and blacks, focusing especially on labor, housing, and credit markets. Prerequisite: EC 011 and EC 012.
Credits: 3.
EC 156 - Economics of Gender
Examines how gender differences produce different economic outcomes for women and men in work, leisure, earnings, poverty. Explores effectiveness of policies to overcome gender gaps. Prerequisites: EC 011, EC 012. Cross-listed with: WGST 185.
Credits: 3.
EC 160 - Industrial Organization
The structure, conduct, and performance of U.S. industry and appraisal of its economic efficiency and social impact, including governmental policies. Prerequisites: EC 011, EC 012, or Instructor permission.
Credits: 3.
EC 170 - Economic Methods
Introduces statistical and mathematical methods for understanding economic literature including probability distributions, data sources, statistical concepts, and simple regression, taught using economic examples and applications. Prerequisite: MATH 019. Credit not given for both EC 170 and any of following STAT courses: STAT 111, STAT 140, STAT 141, STAT 143.
Credits: 3.
EC 171 - Macroeconomic Theory
Keynesian and other theories of the macroeconomy. Government policies in relation to the problems of employment, price stability, and growth. Prerequisites: EC 011, EC 012, MATH 019, or Instructor permission.
Credits: 3.
EC 172 - Microeconomic Theory
Analysis of consumer demand, supply, market price under competitive conditions and monopolistic influences, and the theory of income distribution. Prerequisites: EC 011, EC 012, MATH 019, or Instructor permission.
Credits: 3.
EC 194 - ISSP Thesis
Design, research, and writing of a thesis on an economic topic for students in the Integrated Social Sciences Program. Prerequisites: EC 011, EC 012, or Instructor permission.
Credits: 3.
EC 195 - Intermediate Special Topics
See Schedule of Courses for specific titles. Prerequisites: EC 011, EC 012, or Instructor permission.
Credits: 1-18.
EC 196 - Intermediate Special Topics
See Schedule of Courses for specific titles. Prerequisites: EC 011, EC 012, or Instructor permission.
Credits: 1-18.
EC 200 - Econometrics & Applications
A combination of economic theory, mathematics, and statistics for testing economic hypothesis and developing economic models. Conceptual development and applications. Prerequisites: EC 170, EC 171, and EC 172.
Credits: 3.
EC 210 - Sem A:Econ Hst, Systems&Ideas
Topics on the evolution of economic systems and ideas. Prerequisites: EC 170, EC 171, EC 172.
Credits: 3.
EC 220 - Sem B:Macroeconomics&Finance
Topics such as national economic policies, income, wealth and welfare, financial markets and the macroeconomy, central banking, and other issues concerning macroeconomics and money. Prerequisites: EC 170, EC 171, EC 172.
Credits: 3.
EC 230 - Sem C:Microeconomics & Appl
Topics from microeconomics and fields applying it, such as game theory, health economics, environmental economics, the Vermont economy and urban and regional economy, and urban and regional economics. Prerequisites: EC 170, EC 171, EC 172.
Credits: 3.
EC 240 - Sem D:Intern'l & Dev Economics
Topics such as the economies of countries or regions, international trade agreements, international debts, deficits and structural adjustment, and aspects of development economics. Prerequisites: EC 170, EC 171, EC 172.
Credits: 3.
EC 250 - Sem E:Labor, Race & Gender
Topics such as labor-management relations, aspects of contemporary labor markets, discrimination, economics of education, and other aspects of the economics of gender and race. Prerequisites: EC 170, EC 171, EC 172.
Credits: 3.
EC 260 - Sem F:Firms, Inst, & Growth
Topics such as antitrust and regulation, decision making and the firm, technological change and industrial policies, and the economics of growth. Prerequisites: EC 170, EC 171, EC 172.
Credits: 3.
EC 295 - Advanced Special Topics
See Schedule of Courses for specific titles. Prerequisites: EC 170, EC 171, EC 172.
Credits: 1-18.
EC 296 - Advanced Special Topics
See Schedule of Courses for specific titles. Prerequisites: EC 170, EC 171, EC 172.
Credits: 1-18.
EC 297 - Readings & Research
Independent study with permission of supervising professor prior to registration. Prerequisites: EC 170, EC 171, EC 172.
Credits: 1-3.
EC 298 - Readings & Research
Independent study with permission of supervising professor prior to registration. Prerequisites: EC 170, EC 171, EC 172.
Credits: 1-6.

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