Wright State University
2004-2005
2004-2006 Graduate Catalog
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WSU Graduate Courses - Economics/EC

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EC 509      STATISTICS FOR ECONOMICS (Credits: 4)

Elementary statistical concepts for economic applications.

EC 510      MATH FOR ECONOMICS (Credits: 4)

Algebra and calculus preparation for economics applications.

EC 521      GRADUATE SURVEY IN PRINCIPLES OF ECONOMICS (Credits: 4)

Economics of the individual firm in competitive and monopolistic markets. How prices ration goods and services and the principles on which the total product is divided among the owners of the factors of production.

EC 522      GRADUATE SURVEY IN PRINCIPLES OF ECONOMICS (Credits: 4)

The aggregate economy and how it influences business decisions. The forces that determine the behavior of national income and output, unemployment and the price level. Money, monetary and fiscal policy and growth.

EC 602      MONETARY ECONOMICS (Credits: 4)

Analysis of monetary policy development
and the theory of money market behavior. Emphasizes the relationship between money and national economic conditions.

PREREQUISITE: EC 521 AND 522 OR INSTRUCTOR PERMISSION.

EC 610      INTRODUCTION TO MATHEMATICAL ECONOMICS (Credits: 4)

Application of mathematical tools in the formulation of economic theory. Methods used in model construction.

PREREQUISITE: COLLEGE ALGEBRA OR CONSENT OF INSTRUCTOR.

EC 635      COMPARATIVE CAPITALIST INSTITUTIONS (Credits: 4)

Compares economic institutions of industrialized countries including the newly industrialized countries (NIC's). Addresses such issues as industrial relations, roles of state, methods of corporate finance, and social safety nets.

PREREQUISITE: EC 521 AND 522 OR INSTRUCTOR PERMISSION.

EC 644      PROBLEMS OF ECONOMIC DEVELOPMENT AND TRANSITION (Credits: 4)

This course explores the problems of economic development in the third world and in economies in transition from socialism. Topics include hunger, unemployment, environmental degradation, privatization, gender, and ethnicity.

PREREQUISITE: EC 521 AND 522 OR INSTRUCTOR PERMISSION.

EC 645      POLITICAL ECONOMY OF WOMEN (Credits: 4)

Examines the combined historical and cultural effects of race, class, ethnicity, gender ideology, technology, education, unionism, wartime mobilization, legislation, etc. on women's evolving economic status and gender roles from colonial times to the present.

PREREQUISITE: EC 521 AND EC 522 OR PERMISSION OF INSTRUCTOR.

EC 709      ECONOMETRICS AND ITS APPLICATIONS (Credits: 4)

Application of economic theory, mathematical modeling, and statistics to the measurement and forecasting of economic relationships. Emphasis is on specification, estimation, and hypothesis testing.

PREREQUISITE: EC 521 &522, MBA 581 & 582 OR EQUIVALENTS.

EC 712      FORECASTING ECONOMIC ACTIVITIES (Credits: 4)

Techniques and theories used in forecasting. Practical methods and problems are stressed.

PREREQUISITE: EC 609 OR PERMISSION OF INSTRUCTOR.

EC 715      APPLIED MICROECONOMICS (Credits: 4)

Emphasis on advanced microeconomics applications in consumption/work decisions of households, production/pricing strategies of firms, and public policy toward businesses. Special attention paid to the roles of labor unions/not-for-profit firms.

PREREQUISITE: EC 521, 522 AND MBA 581 OR EQUIVALENT.

EC 717      APPLIED MACROECONOMICS (Credits: 4)

Emphasis is on modern views on fiscal and monetary policy in an open economy. Interrelationships between interest rates, unemployment, economic growth, inflation, and balance of payments are highlighted.

PREREQUISITE: EC 521, 522 AND MBA 581 OR EQUIVALENT.

EC 719      INTERNATIONAL ECONOMICS (Credits: 4)

This course covers trade theories, commercial policy, and theories of international investment and migration, theories of exchange rate determination and open macroeconomics. Special attention is paid to international economic institutions and current financial crises.

PREREQUISITE: EC 715 AND 717 OR PERMISSION OF INSTRUCTOR.

EC 722      ECONOMICS FOR MANAGERS (Credits: 4)

Applies economic theory and methods to business and administrative decision making. Prescribes rules for improving managerial decisions. Tells managers how things should be done to achieve organizational objectives efficiently. Also helps managers recognize how macroeconomic forces affect organizations, and describes the economic consequences of managerial behavior. Special attention is paid to the operation of the firm in a global economy.

PREREQUISITE: EC 523, EC 524 AND MBA 581 OR EQUIVALENT.

EC 724      DEVELOPMENT OF ECONOMIC THOUGHT (Credits: 4)

Historical development of economic thought and philosophies.

PREREQUISITE: EC 521 AND 522 OR PERMISSION OF INSTRUCTOR.

EC 725      ECONOMIC, SOCIAL AND ECOLOGICAL SYSTEMS (Credits: 4)

Economies as subsystems of social systems and ecosystems. Karl Polanyi's and Douglass North's analyses of institutions and feedbacks between economy and culture. Human ecology and ecological economics perspectives on feedbacks between economy and ecology.

PREREQUISITE: EC 724.

EC 726      CONTEMPORARY POLITICAL ECONOMY (Credits: 4)

A political, social and economic analysis that questions, critiques, and provides alternative perspectives to orthodox economic theory. Studies groups, their systematic interrelations, and their impact on political, economic and social structures, practices, and outcomes.

PREREQUISITE: EC 724 OR INSTRUCTOR PERMISSION.

EC 730      REGIONAL AND URBAN ECONOMICS (Credits: 4)

Analysis of the basic forces that shape the economic, social, and physical environments of urban and nonurban regions. Emphasis on regional income determination and developmental models, location of economic activity, the structure of urban centers, intra-urban economic relationships, and economic policy.

EC 731      ECONOMICS OF PUBLIC FINANCE (Credits: 4)

Develops a theoretical framework and working knowledge of the economic basis for government activities, government expenditures, programs, and policies, and the financing of government expenditures through taxation.

EC 740      COST-BENEFIT ANALYSIS AND SOCIAL PROJECT EVALUATION (Credits: 4)

Measurement of benefits and costs of both public and private projects with significant public implications. Includes conceptual issues and focuses on practical application, including specific cost-benefit studies.

PREREQUISITE: EC 521 AND 522 OR EQUIVALENT.

EC 755      THE ECONOMICS OF HEALTH AND HEALTH POLICY (Credits: 4)

Teaches students how alternative incentive systems and resource allocations affect the health services sector. Emphasis on current institutional arrangements, empirical studies, and policy alternatives.

PREREQUISITE: MBA 523 OR PERMISSION OF INSTRUCTOR.

EC 765      LABOR MARKET THEORY AND POLICY (Credits: 4)

Blends theoretical analyses of the forces affecting labor market processes with empirical investigation of labor market conditions and analyses of existing and proposed labor market programs and policies.

PREREQUISITE: INTERMEDIATE MICROECONOMICS AND INTERMEDIATE
STATISTICS OR DEPARTMENTAL APPROVAL.

EC 777      ECONOMIC STUDIES (Credits: 4)

An examination of special issues.

EC 780      ECONOMIC PROBLEMS SEMINAR (Credits: 4)

Titles vary. Six hours of seminar must be selected from the following topics: economics of the workforce; regional and urban problems; environmental issues; technological change; economic development; economics of poverty; and income maintenance. Completion of introductory statistics course or equivalent 600-level survey course required.

PREREQUISITE: EC 715, 717 AND 709.

EC 781      RESEARCH IN ECONOMICS (Credits: 2 TO 4)

Titles vary. Intensive reading or research in selected fields of advanced economics.

EC 782      RESEARCH IN ECONOMICS (Credits: 2 TO 4)

Intensive reading or research in selected fields of economics.

EC 783      RESEARCH IN ECONOMICS (Credits: 2 TO 4)

Intensive reading or research in selected fields of economics.

EC 785      INTERNSHIP (Credits: 4 TO 8)

Titles vary. One-quarter internship working in a selected private, social, or governmental organization under the direction of a faculty advisor and work supervisor. Graded pass/unsatisfactory.


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