The Economics SCE can be a senior thesis orcomprehensive exams. For the thesis, students arerequired to begin their research and submit aproposal three semesters in advance of graduation.For many students this is in the Spring Semesterof their junior year. Students who choose to takethe comprehensive exams must pass themicroeconomics, macroeconomics, and field examsduring their last semester.

An introduction to principles of economicanalysis, economic institutions, and issues ofeconomic policy. The course examines factorsdetermining national income, price, andemploymentlevels as well as the international position inthe U.S. economy.

An introduction to the principles of economicanalysis, economic institutions, and issues ofeconomic policy. Principle topics covered includecommodity and factor price determination undervarious market structures, and resourceallocation and income distribution through apricing system.

Topics not regularly offered in a department'snormal course offerings, chosen based on currentstudent interest and faculty expertise. Specialtopic courses can only be offered 3 times; afterthis, the course must be approved as a regularcourse. Graded A-F or Pass/Fail.

The course reviews the measurement of nationalincome and examines modern and classical theoriesexplaining the determination of national income,employment, price, and growth levels. The role ofpublic policy in influencing the economy isexamined.

The course examines modern and classical theoriesof demand and supply, and analyzes marketequilibrium, general equilibrium, and criteria forwelfare maximization.

This course offers an introduction to researchdesign, applied statistical methods, and writingin the discipline. Students study questionnairedesign, sample selection, descriptive statistics,and hypothesis testing using a statisticalsoftware package, Stata. They also work in groupsto design their own online survey and analyze theresults. Finally, they learn about communicatingand writing their results for both lay audiencesand academic journals. Students are encouraged,though not required, to take MAT 109 or BUS 109prior to taking ECN 215.

A learning contract is developed prior toenrollment in an internship. Evaluation of studentperformance is completed by the faculty mentorbased on the fulfillment of the contract terms andwritten evaluation by the internship sitesupervisor. Students must work at least 45 hoursfor each internship credit and be enrolled in thecourse prior to beginning work. Graded A-F orPass/Fail.

Topics not regularly offered in a department'snormal course offerings, chosen based on currentstudent interest and faculty expertise. Specialtopic courses can only be offered 3 times; afterthis, the course must be approved as a regularcourse. Graded A-F or Pass/Fail.

An agreement between a sponsoring faculty and astudent. The topics covered through independentstudy vary as dictated by student and facultyinterest. 45 hours are requiredper credit.

The objective of this course is to introducestudents to issues related to developingcountries. The topics covered include themeasurement of development, poverty, inequality,population growth issues, the role of markets andgovernment, trade theories, and the role ofinstitutions. By the end of the course, studentsshould be familiar with the causes of poverty andpoverty alleviation strategies. They will alsohave a better understanding of the history ofdevelopment theories and the role of the marketand the government in the most current developmenttheories. Finally, students will be able toidentify the characteristics of developingcountries and the various paths that developingcountries have taken in their struggle toalleviate poverty.

This course combines theoretical modeling andbasic empirical analysis to study the market forlabor. We use models of labor supply and labordemand in different market settings to examinedifferences in earnings, labor-forceparticipation, and unemployment. We study theeffects of education, technological change,information, immigration, and government policieson earnings and employment.

An examination of the role of government in acompetitive market economy and the effects of taxand expenditure policies at the federal, state,and local levels on the efficient allocation ofresources and the distribution of income andwealth. The effects of both market failures andgovernment failures are examined.

An examination of banking institutions,techniques of money management, theories of thedemand for money, and the influence of money oneconomic activity.

This course is a survey of the application ofeconomic analysis to environmental problems.Analysis will focus on: policy options availableto lawmakers and citizens, methods for assigningvalue to the environment, and air and waterpollution and the laws meant to control theseproblems.

This course surveys the economic theory behind,and the management of, renewable and non-renewableresources including fisheries, minerals, timber,water, and biodiversity. Analysis of managementoptions is at the local, regional, and nationallevels. Analysis includes trade-offs of policiesand the effect of property rights on resource use.

This course introduces the statistical tools thateconomists use to test and quantify theirtheories. Regression analysis is used to evaluaterelationships between economic variables. Theresults are interpreted with the help of conceptslike causality and significance.

A full-time, semester-long internship inWashington, DC, with a federal agency, non-profitorganization, or private firm. Depending uponinterest and internship placement, students mayattend hearings, conduct policy research, draftcorrespondence, monitor legislation, lobbymembersof Congress, or write analytical reports.Studentswill create an in-depth portfolio of theirinternship experience. 12 credits. This course isnormally open to only juniors and seniors.

Washington Center Interns participate in eveningseminar selected from a variety of topics offeredduring the semester. Students engage in classdiscussion and may also research seminar topics,prepare written assignments, and takeexaminations. Required of and limited to studentsenrolled in ECN 327. Three credits.

Washington Center Interns participate in lectures,site visits, small group discussions, briefings,and other required events designed to help themunderstand the connection between their academicand professional goals and the special educationalopportunities available through living and workingin Washington, DC. Evaluations of theseexperiences are included in the student portfolio.Required of and limited to students enrolled inECN 327. One credit.

This course provides a survey of topics inmicroeconomics through the lens of experimentaland behavioral economics. While learning aboutimportant economic phenomena (such as the effectsof incentives, institutions, and behavior oneconomic outcomes) students discover experimentalevidence that suggests several violations of thestandard model of rational decision making. Theythen explore some newer models that have evolvedto account for these violations. Topics includedecision making under certainty and uncertainty,risk and time preferences, fairness andreciprocity, charitable giving, referencedependence, bounded rationality, andneuroeconomics, among others.

In this class, we examine the importance ofinformation for decision making and economicinteraction. We discuss the institutionalarrangements and policies that have arisen as aresponse to missing and imperfect information. Weuse tools from game theory, contract theory, anddecision sciences to formalize our analysis; andexplore their applicability through in-classexperiments.Examples include: pre-existing medical conditionsand health insurance; imperfect information aboutproduct quality and arrangements like warrantiesand reputation building; unobservable effort byworkers and various incentive schemes likefranchising and profit sharing; and applicationsto corporate finance and financialmarkets

A learning contract is developed prior toenrollment in an internship. Evaluation of studentperformance is completed by the faculty mentorbased on the fulfillment of the contract terms andwritten evaluation by the internship sitesupervisor. Students must work at least 45 hoursfor each internship credit and be enrolled in thecourse prior to beginning work. Graded A-F orPass/Fail.

Topics not regularly offered in a department'snormal course offerings, chosen based on currentstudent interest and faculty expertise. Specialtopic courses can only be offered 3 times; afterthis, the course must be approved as a regularcourse. Graded A-F or Pass/Fail.

The principles that govern world trade andinvestment and the factors that determine thedirection of international trade is discussed. Thegains from trade, the basis for trade, and thearguments for and against protection will beexamined. The effects of various policies thatobstruct the free flow of trade will be analyzed.The influence of international trade on economicdevelopment is studied within the contexts of bothdeveloped and developing economies. In addition,the regional and international organizations thatare designed to influence or promote the orderlyfunctioning of the international trading systemare be described.

The course examines foreign exchange markets, theconcept of the balance of payments, and exchangerate determination. The cases for fixed andflexible exchange rates are presented. Thevariousmechanisms for achieving domestic andinternational equilibrium and stability, in termsof employment, prices, and growth, are discussed.The evolution of the international monetarysystemand current international economic problems areanalyzed.

A learning contract is developed prior toenrollment in an internship. Evaluation of studentperformance is completed by the faculty mentorbased on the fulfillment of the contract terms andwritten evaluation by the internship sitesupervisor. Students must work at least 45 hoursfor each internship credit and be enrolled in thecourse prior to beginning work. Graded A-F orPass/Fail.

Topics not regularly offered in a department'snormal course offerings, chosen based on currentstudent interest and faculty expertise. Specialtopic courses can only be offered 3 times; afterthis, the course must be approved as a regularcourse. Graded A-F or Pass/Fail.

An agreement between a sponsoring faculty and astudent. The topics covered through independentstudy vary as dictated by student and facultyinterest. 45 hours are requiredper credit.