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100 The Economic Environment (3 units)
The application of economics to the problems of unemployment and
inflation, the distribution of income, competition and monopoly
the role of government in the economy, and other policy issues.
Not open to prebusiness, business administration mayors or
minors, economics majors or minors, or international business
majors.
201 Principles of Microeconomics (3 units)
Principles of individual consumer and producer
decision- making in various market structures; the price system;
market performance and government policy.
202 Principles of Macroeconomics
(3 units)
Prerequisite: Economics 201. Principles of
macroeconomic analysis and policy; unemployment and inflation;
financial institutions; international trade; economic growth;
comparative systems.
310 Intermediate Microeconomic Analysis (3
units)
Prerequisites: Economics 202 and Mathematics
135; corequisite Business Admin 301 and Info Sys/Decision Sci
361A or equivalent. Rational decision-making behavior of
consumers and firms and price and output determination in
markets. Primarily for economics majors, but open to all
students who qualify.
315 Intermediate Business
Microeconomics (3 units)
Prerequisites: Economics 202 and Mathematics
135. Corequisite: Business Admin 301 and Info Sys/Decision Sci
361A or equivalent. Analysis of business decisions in
alternative market structures with special emphasis on problem
solving in a business context using economic concepts and
methods. Not open to economics majors. Students may not receive
credit for both Economics 310 and 315.
320 Intermediate Macroeconomic
Analysis (3 units)
Prerequisites: Economics 202 and Math 135;
Corequisite: Business Admin 301 and Info Sys/Decision Sci 361A
or equivalent. The determinants of the level of national income,
employment and prices, and monetary and fiscal policies.
330 Comparative Economic Systems
(3 units)
Prerequisite: Economics 100 or 201. Alternative
economic systems: their theoretical foundations, actual economic
institutions, and achievements and failures. Contrast between
socialist and capitalist systems.
331 Economies in Transition (3
units)
Prerequisite: Economics 100 or 201. The
transformation from centrally-planned to market-oriented
economies in Russia and Eastern Europe. Focuses on the economic,
social and political costs and benefits involved in the
restructuring of economic systems.
332 Economies of the Pacific Rim
(3 units)
Prerequisite: Economics 100 or 201. Dimensions
of industrialization, agriculture, investment, human resources,
and trade in economies of the Far East (including Japan and
China), India, and related nations of the Pacific Rim.
333 Economic Development: Analysis
and Case Studies (3 units)
Prerequisite: Economics 100 or 201. The
processes of economic growth with references to developing
areas. Capital formation, resource allocation, relation to the
world economy, economic planning and institutional factors, with
case studies.
334 Economics of Latin America and
the Caribbean (3 units)
Prerequisite Economics 100 or 201. Examines
regional economic problems within an international context:
dependence, industrialization and the international corporation;
agriculture; regional cooperation; inflation; trade and debt
problems. Major economic thinkers will be discussed.
335 The International Economy (3
units)
Prerequisite: Economics 100 or 201. The theory,
practice and institutions of the international economy.
International trade and investment, balance of payments, foreign
exchange rates, multi-national enterprise, international
economic policy. Current trade issues: European Community, trade
with developing countries, Eastern Europe, and the states of the
former Soviet Union; General Agreement on Tariffs and Trade
(GATT) and other major trade agreements.
340 Economic Research Methods (3
units)
Prerequisite: Economics 202, Info Sys/Decision
Sci 361A or equivalent. Introduction to the basics of applied
economic research. Learn how to access existing economic
knowledge, locate and compile economic data, and analyze
economic problems using theory and quantitative methods.
350 American Economic History (3
units)
Prerequisite: Economics 100 or 201. The
development of American economic institutions; economic
problems, economic growth and economic welfare.
351 European Economic History (3
units)
Prerequisite: Economics 100 or 201. The
evolution of European economic institutions and their relation
to the development of industry, commerce, transportation and
finance in the principal European countries.
355 Economics of Gender and Work (3
units) Special Course offered during Spring 2004 semester.
Prerequisite: Satisfied general education category
II.C.I and upper division standing. An economic analysis of
demographic trends and changing gender roles and experiences in
paid and unpaid work, education, earnings, and market
discrimination using economic theory. International
comparisons.
361 Urban Economics (3 units)
Prerequisite: Economics 100 or 201. Theory and
analysis of the urban economy, urban economic problems and
policy.
362 Environmental Economics (3
units)
Prerequisite: Economics 100 or 201. Economic
analysis of environmental problems and related issues:
externalities, property rights, social costs and benefits, user
cost, rent and decision making under uncertainty.
410 Industrial Organization (3 units)
Prerequisite: Business Admin 301, Economics 310
or equivalent. Business organization, conduct and performance;
the rationale and impact of public policy on business and
business activities, including the regulated industries, sick
industries and antitrust policy.
411 International Trade (3 units)
Prerequisite: Business Admin 301, Economics 310
or 315 or equivalent. The theory of international gains from
free trade, effects of tariff and non-tariff barriers, and
conduct of commercial policy. The balance of payments, the
theories of exchange rate determination, and other international
economic issues.
412 Labor Economics (3 units)
Prerequisite: Business Admin 301, Economics 310
or equivalent. Labor supply and demand, labor force
participation, employment, unemployment, human capital, wage
differentials, disadvantaged labor market groups, discrimination
and wage-related income transfers.
413 Law and Economics (3 units)
Prerequisite: Business Admin 301, Economics 310
or 315. An economic analysis of the common law-property,
contract, and tort-focusing on the use of microeconomics theory
to study the economic efficiency characteristics and effects of
these laws. An emphasis will be placed on the analysis of
specific legal cases.
416 Benefit Cost and
Macroeconomics Policy Analysis (3 units)
Prerequisite: Business Admin 301, Economics 310
or equivalent. Application of macroeconomics models and welfare
economics to public policy. Concepts of economic efficiency,
economic surplus and equity. Measurement of policy effects,
including benefit-cost analysis, with applications to selected
policy areas such as education and environmental programs.
417 Public Finance (3 units)
Prerequisite: Business Admin 301, Economics 310
or equivalent. Government finance at the federal, state and
local levels: the impact of taxation and spending on resource
allocation, income distribution, stabilization and growth.
420 Money and Banking (3 units)
Prerequisite: Business Admin 301, Economics 320
or equivalent. The money supply process and the impact of
monetary policy on economic activity.
421 Monetary and Fiscal Policy
(3units)
Prerequisite: Business Admin 301, Economics 320
or equivalent. The techniques of monetary and fiscal policy: of
their relative roles in promoting economic stability and growth.
431 International Macroeconomics
and Growth (3 units)
Prerequisite: Business Admin 301, Economics 320.
Macroeconomic analysis of the open economy: the impact of
stabilization policies in a global economy, the role of the
balance of payments, the international monetary system and
growth in less developed countries.
433 The Less Developed Countries and
the World Economy (3 units)
Prerequisites: Economics 310, 315, or 515 and
Economics 320 or 521. In-depth analytical study of development
and underdevelopment in the poorer countries in the context of a
changing international economic order. Both the neo-classical
and the political economy approaches will be discussed.
Includes case studies from Asia, Africa and Latin America.
440 Introduction to Econometrics
(3 units)
Prerequisites: Business Admin 301, Economics
202, Info Sys/Decision Sci 361 A or equivalent. Economic
measurement: specification and estimation of econometric models:
statistical methods in economic research.
441 Introduction to Mathematical
Economics (3 units)
Prerequisites: Business Admin 301, Economics 202
and Math 135 or equivalent. Economic theory from macroeconomics
and macroeconomics. Content varies: constrained optimization
problems and rational decision-making.
450 History of Economic Thought (3
units)
Prerequisite: Business Admin 310, Economics 310
or 320. Major schools of thought and of leading individual
economists as they influenced economic thought and policy.
461 Ecological Economics (3 units)
Prerequisite: Business Admin 301, Economics 310
or 315 or equivalent. The application of economic concepts and
methods to understanding the ways in which human economic
behavior contributes to environmental and ecosystem degradation:
the use of economic approaches to evaluate and manage these
impacts: the design of sustainable economic policies.
462 Natural Resource Economics (3
units)
Prerequisite: Business Admin 301, Economics 310
or 315 or equivalent. Concepts and principles in the application
of economics to issues in natural resource economics. Issues
will Include uncertainty and risk in investment, depletion over
time, cartelization, the role of technological innovation and
government intervention related to fuels, water, land, etc.
495 Internship (1-3 units)
Prerequisites: Economics major with Business
Admin 301, Info Sys/Decision Sci 361A, Economics 310 (or 320)
(or the equivalents) or international business major with
Economics 202 and 335, Info Sys/Decision Sci 361A (or the
equivalents); and consent of the department internship adviser,
at least junior standing, 2.5 GPA and one semester in residence
at the university. Planned and supervised work experience. May
be repeated for a total of six units credit. Credit/No Credit
grading only.
496 Student-to-Student Tutorial
(1-3 units)
Prerequisites: economics major or concentration,
Business Admin 301, Economics 310 and 320, senior standing, 3.0
GPA and consent of department chair. Student learns through
teaching (tutoring) other students enrolled in principles and
Intermediate economics courses. Consult "Student-to-Student
Tutorials" in this catalog for more information. May not be used
to satisfy the elective requirements for the major or
concentration in economics. Credit/No Credit grading only.
499 Independent Study (1-3 units)
Prerequisites: economics major or concentration,
Business Admin 301, Economics 310 and 320 (or the equivalents),
senior standing, and consent of department chair. Directed
independent Inquiry. May be repeated for credit. Not open to
students on academic probation.
502 Advanced Microeconomic Analysis (3 units)
Prerequisites: Economics 310 and classified CBE
status or consent of instructor. An advanced treatment of
rational decision-making behavior of consumers and firms, the
price system, and resource allocation in partial and general
equilibrium settings. Topics include preference theory, welfare
economics, gains from trade, monopoly power, external costs and
benefits, public goods, factor markets, intertemporal decisions,
risk and uncertainty.
503 Advanced Macroeconomic
Analysis (3 units)
Prerequisites: Economics 320 and classified CBE
status or consent of instructor. The determination of
employment. fluctuations of real and money income, and the
forces underlying economic growth.
504 Econometric Analysis (3 units)
Prerequisites: Economics 440 or equivalent and classified
graduate status in Economics. Contemporary methods used in
econometric research with a focus or methods used in regression
analysis, cross-section and panel data methods, and advanced
topics of non-linear models, simulations and limited dependent
variables.
505 Economic Models and
Forecasting (3 units)
Prerequisites: Economics 440 and classified CBE
status or consent of the instructor. Statistical methods of
econometric estimation and forecasting. Practical solutions to
problems in model specification, estimation by regression, time
series analysis and forecasting.
506 Economics of Aging (3 units)
Prerequisites:
admission into the Gerontology M.S. Program or classified CBE
status and Gerontology 501 or Economics 340 or consent of
instructor. Economic consequences of population aging and the
economic status of the aged. Income adequacy in old age:
dependency, work income, retirement income planning, social
security income, employer-sponsored pensions, financing health
care. Economic security today and tomorrow. International
comparisons.
515 The Price System and Resource Allocation (3 units)
Prerequisites: classified CBE status and Math
135 or the equivalent. Microeconomic analysis and policy under
mixed capitalism. The economic environment and Institutions,
markets, consumer choice, production and resource allocation.
Monopoly power and government intervention. (Not open to M.A.
Economic candidates.)
516 Economics and Benefit-Cost
Analysis (3 units)
Prerequisites: Economics 201 (or 210) and
classified graduate status in environmental studies or public
administration. Economics and benefit-cost analysis of public
projects. Consumer demand and the estimation of benefits: the
nature of cost in a market economy: price controls, unemployment
and inflation: and criteria for choice, for multi-year projects.
For elective credit in the M.S. Environmental Studies or Master
of Public Administration.
521 Macroeconomic Theory and
Policy (3 units)
Prerequisites: Economics 310 or 515 and
classified CBE status. National income determination and
macroeconomic models. Inflation and unemployment. Monetary and
fiscal policies. International trade and foreign exchange (Not
open to M.A. Economics candidates or students with credit for
Economics 320.)
531 International Economics (3
units)
Prerequisites: Economics 310 or 315 or 515:
Economics 320 or 521. An introductory analysis of theories and
current issues in international trade. finance, macroeconomics
and growth, with an emphasis on business applications.
590 Topics In Economic Analysis
and Policy (3 units)
Prerequisites: Economics 310 and 320: classified
CBE status or consent of instructor. Contemporary research in
areas such as: resource economics: history of economic thought:
international monetary systems: forecasting: economics of
planning: human resource economics. May be repeated for credit.
595 Seminars In Current Research
(3 units)
Prerequisites: Classified graduate status in
Economics or Economics 440, a 3.25 or better GPA, and instructor
approval; Students attend the departmental research seminars
where faculty and outside speakers present papers dealing with
recent and ongoing research. Students read material relevant to
presentations and write analytical reports covering five seminar
meetings. May be repeated once for credit.
597 Project (3 units)
Open to qualified graduate students. Directed
independent inquiry. Not open to students on academic probation.
598 Thesis Research (3 units)
Prerequisites: Economics 502, 503 and classified
CBE status. Corequisite: Economics 505. Selection and approval
of topic: outline: methodology: literature survey: data
collection and analysis: presentation of results. Award of the
grade is contingent upon the completion and acceptance of the
thesis.
599 Independent Graduate Research
(1-3 units)
Prerequisites: Economics 440, 502 and 503:
classified graduate status: and consent of instructor and
department chair (or designee). Directed advanced independent
inquiry. May be repeated for credit. Not open to students on
academic probation.
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