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COURSE DESCRIPTIONS
ECONOMICS 101: Principles of Microeconomics
This course is designed to acquaint you with the basic tools of microeconomics. Economics is the study of how society allocates its scarce resources, and microeconomics is the study of the behavior of households and firms, whose collective decisions determine how resources are allocated in a free market economy. The goal of the course is to teach you to “think like an economist,” which I hope will help you to understand the world around you, make better economic decisions in your own life, and be a more informed citizen and voter.
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ECONOMICS 203: Econometrics
Does going to college increase your earnings? Does raising a country’s per capita income lead to a lower fertility rate? This course is designed to acquaint you with the statistical methods that economists use to test economic models and examine empirical relationships, primarily regression analysis. Although much of the course will focus on the mathematical development of the methodology, real world applications will be introduced frequently to demonstrate how these tools are used in practice. Students will learn to use a statistical software package, Stata, to analyze data. The final paper project will give students an opportunity to identify an interesting question and to evaluate data to test their hypothesis.
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ECONOMICS 232: Health Economics
This course explores the health care sector and health policy issues from an economic perspective. Issues to be studied include the value of health, the demand for health care, health insurance markets, managed care, medical technology, the Medicare and Medicaid programs, national health reform, and the pharmaceutical industry. The course will focus on the U.S. health care sector but will also feature discussion of other developed and developing countries. The goal of the course is to teach you to use basic economic principles to develop a better understanding of the health care sector and health policy issues, so that you may become a more informed citizen, patient, or doctor. The course will feature several case studies and in-class discussions of current issues in health policy.
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ECONOMICS 310: Public Economics
This course will explore the reasons for government intervention in the economy, the extent of that intervention, and the response of private agents to the government’s actions. The goal of the course is to use economic models and research to inform our thinking about public policy issues. A wide range of current issues will be examined, such as the effects of welfare reform and the merits of switching to a flat tax. While most examples will be drawn from the United States, the lessons from the course are applicable to other countries.
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Created By:Class of '07
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Date Created: June 2005
Maintained By: Courtney Coile