An analysis of the behavior of consumers and firms, price determination, various market structures, and income distribution.

National income concepts, the determination of aggregate income and employment, the theory of money and inflation and problems of economic growth.

The course addresses relevant topics in economics. May be repeated for a maximum of six credits under different subtitle.

This is advanced economic course in international trade. The first part of the course covers the basics of why countries trade, what explains the pattern of trade that we observe and what are the effects of trade on welfare and the distribution of income. The second part of the course covers issues concerning trade policy and looks at the positive and normative effects of trade policy and trade agreements as well as investigating topics of current interest.

A comparative study of economic progress in selected countries; growth patterns, theories of development and capital formation, interaction of social and economic change.

This course uses economic analysis to understand labor markets. Students will be introduced to major labor market indicators and develop the tools of economic analysis of labor demand decisions by profit- maximizing firms and labor supply decisions by rational workers. Using these tools students will examine labor market structures and both existing and potential government policies which determine wages, earnings, employment, hours worked. Students will also examine the relationship between the labor market and investments in physical and human capital.

An application of economic analysis to the study of the role of government. Emphasis is on the reasons for and the effects of government intervention in the economy. Topics covered include: market failure, public goods and externalities, welfare policy, voting and public choice, taxation, public debt and cost-benefit analysis.

To provide the student with a firm foundation in the design and estimation of economic models, empirical analysis of economic relationships, and forecasting. Emphasizes the structure and utilization of economic models. This course is a Graduation Composition and Communication Requirement (GCCR) course in certain programs, and hence is not likely to be eligible for automatic transfer credit to UK.

Readings, research and discussion in a seminar format to illuminate problems of historical and contemporary interest in areas of special faculty competence. May be repeated to a maximum of nine credits, but may not be repeated under the same subtitle. Will be limited to a maximum of 15 students. This course is a Graduation Composition and Communication Requirement (GCCR) course in certain programs, and hence is not likely to be eligible for automatic transfer credit to UK.

Principles and practices of economical resource management in the governmental sector: tax and expenditure types, intergovernmental fiscal cooperation, debt financing, budgeting and financial planning.