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ECO101 America in the Global Economy: Macroeconomics … 4 credits
This course will illustrate the dynamic integration of America within the global economy by focusing on macroeconomics policy areas such as trade, exchange rate policy and domestic economic policy. The course will also introduce students to alternative theoretical frameworks such as classical, Keynesian, monetarism, rational expectations, Marxist, and institutionalist perspectives. The course will explore problems facing the less industrialized countries and the newly emerging countries and the United States' role in their development.
ECO102 America in the Global Economy: Microeconomics … 4 credits
This course will illustrate the dynamic integration of America within the global economy by focusing on the microeconomics issues such as the role of multinational corporations, antitrust policy, and strategic trade policy. The course will first introduce students to basic microeconomics theory such as market structure (perfect competition, monopoly, monopolistic competition, and oligopoly), factor markets, the role of government in the global economy, welfare reform, environmental policy and trade, and exchange rate policy. The course will then illustrate the global dimensions of domestic microeconomics policy. (Prerequisite: ECO101)
ECO201 Econometrics … 4 credits
This course will introduce students to basic econometrics, such as regression analysis and problems in regression analysis such as multicollinearity, heteroscadasticity, and autocorrelation. (Prerequisites: ECO102, MAT110)
ECO211 India Seminar … 8 credits
The India Seminar will introduce students to the many facets of India's development experience: history, culture, religion, social structure, politics and economics, art, must and literature. Students will be introduced to different analytical techniques for studying a country and will develop an analytical framework of their own. Students will also be introduced to different informational resources on India. Through short assignments, students will learn practical aspects of India such as transportation, networks, geography, and culture.
ECO401 America in the Global Economy … 4 credits
This course will introduce students to the theories explaining trade and financial (exchange rates, money, credit and capital) markets in the economy. The course will also focus on policy issues in the trade and financial sectors such as the effectiveness of domestic trade and monetary policy, coordination of international exchange rates and the role of institutions such as the Federal Reserve System and the World Trade Organization in the present global economy. (Prerequisites: ECO101, ECO102)
ECO489 India Directed Research … 8 credits
This course includes an in-depth study of an aspect of India in combination with a five-week internship experience in India.
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