Catalogue 2015-2016 [ARCHIVED CATALOG]
Economics Department
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Chair: Paul Ruud;
Professors: Catharine Hill (and President), Geoffrey A. Jehleb, Paul Johnson, David A. Kennett, Paul Ruud;
Associate Professors: Benjamin Hoa, Sarah Pearlman, Robert Rebelein;
Assistant Professors: Sukanya Basub, Dustin Frye, Ergys Islamajab, Gisella Kagy, Nelson Sá, Evsen Turkay Pillaiab;
Adjunct Professor: Farhad Ameen, Paul Bennett, Shirley Johnson-Lans;
Adjunct Instructor: Frederick Van Tassell.
a On leave 2015/16, first semester
b On leave 2015/16, second semester
ab On leave 2015/16
Advisers: The department.
Major
Correlate Sequence in Economics
The economics department offers correlate sequences which designate coherent groups of courses intended to complement the curricula of students majoring in other departmental, interdepartmental, and multidisciplinary programs. Three areas of concentration are currently available for students pursuing a correlate sequence in economics:
International Economics coordinated by Mr. Kennett.
Public Policy coordinated by Mr. Rebelein.
Quantitative Economics coordinated by Mr. Ruud.
Courses within each area should be chosen in consultation with the coordinator of that sequence.
Economics: I. Introductory
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ECON 102 - Introduction to Economics Semester Offered: Fall and Spring 1 unit(s) This course replaces the 2-semester sequence of ECON 100 and ECON 101 which is no longer offered. Economic forces shape our society and profoundly influence our daily lives. This course introduces students to economic concepts and to how economists think about the world. We explore both basic microeconomics - decision making by individuals and firms - and basic macroeconomics - issues related to coordinating individual activities across an entire economy. Topics will include demand and supply, market structures, GDP, the business cycle, and monetary and fiscal policies. The department.
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ECON 120 - Principles of Accounting Semester Offered: Fall 1 unit(s) Accounting theory and practice, including preparation and interpretation of financial statements. Mr. Van Tassell.
Not open to Freshmen.
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ECON 184 - Income Inequality in the US Semester Offered: Fall 1 unit(s) Students will read a variety of non-technical analyses that attempt to explain the increase in the gap between the highest and lowest income households in the United States, noticeable since the 1980s.
The course will examine various aspects of the phenomenon: income differentials based on such factors as education and returns to education, wage differentials between skilled and unskilled workers, assortive mating and its effect on the distribution of household (family) incomes, taking into account the increase in women’s labor force participation. The difference in returns to capital assets vs. labor force participation will be addressed. We will also look at effects of public policy, such as changes in the progressivity of the income tax, the minimum wage, and subsidies to low-income households. An additional topic will be: alternative measures of well-being, including access to quality schooling, health care and access to the justice system. Ms. Johnson-Lans.
Open only to freshmen; satisfies the college requirement for a Freshman Writing Seminar.
Two 75-minute periods.
Economics: II. Intermediate
Courses numbered 200 and above are not open to freshmen in their first semester.
Economics: III. Advanced
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