Overview of economics, introduction to microeconomic theory and policy; demand, supply, price determination in product and factor markets, principle of comparative advantage, concept of economic efficiency, perfect and imperfect competition.
Introduction to macroeconomic theory and policy; measurement of economic aggregates, inflation, unemployment, business cycles, fiscal and monetary policies, economic growth, exchange rates, balance of payments, and financial capital flows.
This course represents credit earned through a semester study abroad experience with an institution or program with which Texas Christian University has an official agreement to accept credit. The site and specific content will be identified on the official transcript. Courses appearing on a student's official transcript have been included in the student's grade point average.
Prerequisites: A 'C-' or better in ECON 10223 or 30223, and 10233 or 30233. An analysis of the changes that must take place in a society in order for economic development to proceed. Economic Theories of development and growth.
Prerequisites: A 'C-' or better in any 3 or more semester hours ECON course. Employment, monetary theory, aggregate demand and supply theory, economic performance and tools of measurement.
Prerequisite: At least three semester hours credit in economics with a grade of 'C-' or better. A survey of major theoretical approaches in economics today, with emphasis on the unique insights and applications of each approach, the theoretical underpinnings of enduring disagreements among professional economists, and the process of ongoing debate and cross-fertilization among these contending perspectives.
Prerequisites: A 'C-' or better in three semester hours of Economics. The study of economic ideas. May include the ideas of any major contributor from Adam Smith to contemporary economists.
Prerequisites: A 'C-' or better in any 3 or more semester hours ECON course, or instructor permission. This course examines the transformation of England, and later the world, to an industrialized society. Students investigate the technological, economic, and social changes that took place during this period. Possible sources of this change - why it happened, when and where it did - are examined.
Prerequisites: A 'C-' or better in ECON 10223 or 30223, and 10233 or 30233. Survey of development experience in a country or group of countries or analysis of general development experiences such as external finance, foreign trade and payments, development policy sets, or other experiences typical of developing countries.
Prerequisites: A 'C-' or better in any six hours of Economics. Examines the modern development and economic history of East Asia from the 19th century to the present. Topics include explanations for the rapid economic growth in the region; the impact of industrial policies, trade, and foreign direct investment; the origins of the Asian financial crisis; the role of demographic and institutional factors.
Prerequisites: A 'C-' or better in any 3 or more semester hours ECON course. This course is concerned with the process of economics integration within the European Union. The main fields covered are: 1) Historical background, principles and functioning of the EU institutions; 2) the internal market: integration of product and factor markets; 3) EU policies (agriculture, regional, competition, etc.); 4) EU monetary integration.
Prerequisites: A 'C-' or better in any 3 or more semester hours ECON course. ECON 10233 is recommended, but not required. This course covers the influence of past economic policies on the current state of the economics of Latin America. The major policies to be considered are industrial policy, international trade policy, exchange rate policy, financing current account deficits, and macroeconomic policy.
Prerequisites: A 'C-' or better in ECON 10223 or 30223. An introduction to, and overview of, regional and urban economic theory. Examination of location factors and costs including transportation rate structures, migration, firm location, structure of regions and urban areas, and urban problems.
Prerequisites: A 'C-' or better in 6 hours of Economics. Examines important topics in the development of American and Western European monetary and financial systems. Historical perspectives on innovation, stabilization, and regulation within the major themes of monetary regimes, banking systems, and capital markets.
Prerequisites: At least three 3 semester hours credit in economics with a grade of 'C-' or better. Detailed analysis of current problems in international economic relationships. The list of topics selected on the basis of their significance in policy design, policy analysis, or contemporary economic well-being.
Prerequisites: A C- or better in any 3 or more semester-hour ECON course. Health Economics examines the determinants of health and health related behaviors, disease prevention and health promotion, health disparities and the impacts of health policy in bettering health outcomes. The course also examines the market for health insurance and health care services, focusing on the behaviors of consumers, providers of medical care, and the impact of policy on the price and quantity of health care services.
Prerequisites: At least three hours of economics with a grade of C- or better. Analysis of international trade theory, economics development, and exchange rates and capital flows from the perspective of competing schools of thought. Special emphasis is placed on how the unique foundational elements of each lead to significantly different interpretations of the vary same real-world phenomena.
Prerequisites: ECON 30223 for economics majors; ECON 10223 for all others. This course examines issues regarding the use and management of natural resources from the perspective of economics. Topics include the valuation of natural resources, efficient extraction models for non-renewable resources, efficient allocation of water and land, and sustainable development of fishery. This course will also explore issues in energy economics, including the market structure of oil and natural gas, the environmental impacts of energy use, and the transition to renewable energy sources.
Prerequisites for ECON 30533: 'C-' or better in ECON 30243; for ANTH 30533: no prerequisite. Explores anthropological and economic perspectives on happiness and human flourishing: the diverse ways in which well-being is conceptualized and experienced in different cultural contexts, the complex relationship between well-being and economic growth, and cross-disciplinary inquiry into the conditions and activities (such as community, ecology, dignity, creativity, generosity, trust, health, and inequality) that engender or impede human flourishing.
Prerequisites: ECON 30223 for economics majors; ECON 10223 for all others. This course examines modern environmental issues from an economic perspective. Topics include economic causes of environmental degradation, efficiency in environmental protection, benefit-cost analysis, non-market valuation, environmental policy and special topic on global climate change. Emphasis is on the role of economics in the formation of environmental policy.
Prerequisites: A 'C-' or better in any 3 or more semester hours ECON course, or instructor permission. This course examines the transformation of Western Europe from a pre-modern and medieval world, to a society on the verge of industrialization. Students investigate the technological, social and especially economic, changes that took place during this period and their effects.
Prerequisites: A 'C-' or better in any 3 or more semester hours ECON course, or instructor permission. This course examines the transformation of Western Europe from a pre-industrial society to the world's first highly industrialized economy from an economic perspective. The later relative (not absolute) decline of Western Europe is also examined. The focus is on the years from roughly 1700 to 1950. Students investigate the technological, social, and especially economic changes that took place during this period, as well as their importance.
Prerequisite: A C- or better in ECON 10223 or ECON 10233. Economic Geography is the study of how elements within the economy are spatially arranged, as well as the ways that space, place and spatial scales shape economic activities in different parts of the world. Through a series of readings, discussions, and research assignments, this course examines the distribution economic activities on the earth's surface; market resource and transportation factors in location theory, and the role of state, market and civil society's agents in management of the economy. Students are further introduced to Geographic Information Systems (GIS) through content-focused lab assignments, though no previous experience with GIS is required for this course.
Prerequisites: 3 hours of any economics course. Public choice theory is the application of economic theory to non-market decision-making, specifically in the political sphere. It assumes the same principles that economists use to analyze actions in the marketplace - people are primarily driven by self-interest - and applies them to analyze choices made collectively (such as the outcomes of elections or how to govern common pool resources).
Prerequisites: ECON 30223, 30233, 30243 and 12 additional ECON hours, all with grades of 'C-' or better. Capstone seminar exploring selected issues in economic theory or policy.
Prerequisites: A 'C-' or better in ECON 30223. Theoretical and empirical examination of the interrelationships between market structure, conduct and performance in the industrial sector of the economy.
Prerequisites: ECON 10223 or ECON 10233, INSC 20153 or MATH 10043. Game theory, also known as multi-person decision theory, analyzes situations in which payoffs to players depend on the behavior of other players as well as the player herself. The purpose of this course is to introduce the basics of game theory to undergraduate students in various disciplines. It focuses on fundamentals of game theory including basic concepts and techniques, various ways of describing and solving games, and various applications in economics, political sciences, and business. It will help students sharpen their understanding of strategic behavior in different situations involving many individuals. The students will learn how to recognize and model strategic situations, to predict when and how their action will have an influence on others, and to exploit strategic situations for the benefit of their own.
Prerequisites: A 'C-' or better in ECON 30223. Economic analysis of labor market issues, including minimum wage legislation, compensating wage differentials, human capital investment, discrimination, and collective bargaining.
Prerequisites: A 'C-' or better in ECON 30223 or 30233. Theory of public choice; budgeting procedures; theory and methods of financing government expenditures; fiscal policy.
Prerequisites: A 'C-' or better in ECON 30223. Surveys of international trade relationships, balance of payments accounting, theories explaining the pattern of trade and its relationship to economic welfare, policies affecting the pattern of a country's trade with the rest of the world.
Prerequisites: A 'C-' or better in ECON 30233. Surveys of various theories of exchange rate determination, along with evaluation of fixed, flexible and mixed exchange rate regimes. In addition, long-term and short-term capital flows are described and explained.
Prerequisites: A 'C-' or better in 6 hours of Economics. Historical development of the United States economy from European contact through the antebellum period. Emphasis is on colonial and pre-industrial development
Prerequisites: A 'C-' or better in 6 hours of Economics. Historical development of the United States economy from the early national period to the modern era. Emphasis is on the transition from a pre-industrial economy to an industrial economy with modern financial and governmental institutions.
Prerequisites: ECON 30243. Law and Economics asks students to consider economics as a justification for legal decision making. Different perspectives regarding the nature of law are juxtaposed against different perspectives regarding the nature of economics. Students develop their own synthesis by examining landmark legal cases from various perspectives.
Prerequisites: Vary according to nature of material. For use when instructor has new material or new teaching strategies which are not appropriate to existing courses.