Macroeconomics is the study of national and global economies. Topics include output, unemployment and inflation; and how they are affected by financial systems, fiscal and monetary policies. Prerequisite for most upper-division courses.

This course will provide a broad overview of microeconomics. Microeconomics is the study of issues specific to households, firms, or industries with an emphasis on the role of markets. Topics discussed will include household and firm behavior, demand and supply, government intervention, market structures, and the efficient allocation of resources. Prerequisite for most upper division courses.

Theories of national income determination in explaining business cycles; aggregate supply; and the role of expectations. Role of monetary and fiscal policies in stabilizing the economy. Prerequisite: 2110 and 2120 and (307 or MATH 1430 or MATH 1512).

Introduces math, data, and writing skills that are essential for understanding, interpreting and communicating economics concepts. Prerequisite: MATH 1220 or MATH 1240 or ACT Math =>26 or SAT Math Section =>620 or ACCUPLACER College-Level Math =>100. Pre- or corequisite: 2110 or 2120.

Introductory statistics, probability, probability distributions and hypothesis testing. Basic econometric techniques emphasizing estimation of economic relationships and the use of econometric models in forecasting. Prerequisite: 2110 and 2120 and MATH 1350.

Determinants of labor force, wage levels and structures, and employment; human capital theory and discrimination, economic consequences of trade union and government intervention. This a starred (*) level course and may be taken for graduate credit by students enrolled in a graduate program. A graduate student enrolled in a starred course numbered below 500 may be required to complete extra work.

Theories of development and growth. Problems facing developing countries and possible solutions. Historical case studies of some developing countries. Prerequisite: 300 and 303.

Topics will vary. Offered on an occasional basis. For course content, consult the economics department. Course may be repeated without limit provided the topics differ. Prerequisite: 300 and 303.

This course develops fundamental economic theory using differential calculus and linear algebra and emphasizes the methodology of constructing and applying appropriate models in quantitative analysis with an emphasis on static and dynamic optimization.

For senior students wishing to study topics not covered in an existing course or in more detail. Requirements will be agreed upon between student and instructor. Prerequisite: 300 and 303 and 309.

A faculty-directed exploration of a specific topic through reading, discussion, and critique. Open to juniors or seniors with an overall grade point average of at least 3.2 and approval of the department. Prerequisite: 309. Restriction: junior or senior standing and permission of department.

Faculty-supervised investigative study that results in the development and writing of an undergraduate Senior-level thesis. Prerequisite: 498.

This course develops fundamental economic theory using differential calculus and linear algebra and emphasizes the methodology of constructing and applying appropriate models in quantitative analysis with an emphasis on static and dynamic optimization. Restriction: admitted to M.A. Economics or Ph.D. Economics or permission or instructor.

Micro foundations of macroeconomics. Introduction to dynamic macroeconomics; optimal economic policy; and theories of economic growth. Restriction: admitted to M.A. Economics or Ph.D. Economics.

Theory and applications: ordinary and generalized least squares, hypothesis testing, dummy variable and distributed lag models; simultaneous equation and two stage least square models; forecasting. Emphasis on computer modeling. Prerequisite: 508.

Competitive equilibrium and welfare economics. Topics from imperfect competition, decision making under uncertainty, introduction to game theory and distribution theory. Prerequisite: 501 and 504.

Special topics in applied economics as they pertain to the major fields and support courses. Available for use by visiting faculty. Prerequisite: 501 and 504. Restriction: permission of instructor.

Dynamic optimization and optimal control theory applications (deterministic and stochastic) and computation methods with an emphasis on renewable resources. Prerequisite: 501 and 504.

(Also offered as WR 572) Practical aspects of the different technical models used by water resources professionals; hydrological, economic, ecological, etc. Students use models to solve problems. Emphasis on oral, written and graphic communication. Prerequisite: (2120 or 300) and (CE 541 or CE 542 or EPS 562 or WR 576) and WR 571.

An independent study course on economic problems or issues. The study is carried out under the supervision of an economics faculty member. Restriction: permission of instructor.

This course is designed to enhance the academic and professional training of graduate students in economics. Through a combination of invited presentations, workshops, and internal presentations, the course offers exposure to cutting-edge research, skill development in research methodologies and programming, and opportunities to engage with both faculty and peers.

Economic growth and development, poverty and inequality, population growth. Credit markets and microfinance, risk and insurance. Role of government in development. Urbanization and rural-urban migration. Prerequisite: 501 and 506.

Research problems. Student presentations of methodology and results. Research projects may be student-directed or undertaken in conjunction with regular and/or visiting faculty. Offered on a CR/NC basis only. Restriction: permission of instructor.

Faculty-supervised investigative study that results in the development and writing of a master’s thesis. Offered on a CR/NC basis only.

Faculty-supervised investigative study that results in the development and writing of a doctoral dissertation. Offered on a CR/NC basis only.