300

Applies statistical methods to economic or financial data to investigate the validity of hypotheses or theoretical models. Develops various techniques used in multiple regression analysis of time series and cross-section data.

Draws on the knowledge of economic theory, statistics, and calculus to provide managers with applicable tools for decisions regarding prices, production, and efficient resource allocation. Through problem-solving and hands-on projects, students learn the role of quantitative tools and economic theory in modern management.

Studies macroeconomic theories, including those about the determinants of output, the unemployment rate, and the inflation rate in the short run, and those about the rate of economic growth in the long run. The predictions of these theories will be contrasted with economic experience in the US and elsewhere.

Provides economic analysis of public policy issues in resource utilization and environmental quality, considering political and macroeconomic aspects of environmental policy. Discussion includes externalities, the Tragedy of the Commons, property rights, benefit-cost analysis, and local water and air pollution issues. In addition, analyzes global problems such as global warming.

Covers current analytical frameworks and tools that leading-edge organizations are using to benchmark and improve environmental, social and financial performance. Includes environmental and social valuation techniques, life cycle analysis, and carbon footprinting. Features local case studies.

Examines (expected) impacts of climate change, mitigation of and adaptation policies to climate change and associated challenges. Contextualizes the U.S. approach by comparing it with policies in other parts of the world and highlights the role of uncertainty for climate change decision-making.  The course draws on diverse disciplinary perspectives within the social sciences with an emphasis on economics.

Students will study factors that give firms/individuals market power as well as the consequences of unequal market power. Students will study strategic behavior among firms (price discrimination, product selection, intellectual property, and investment decisions) and the role of government policy in imperfectly competitive markets. Focuses on producer and consumer behavior when assumptions of perfect competition are violated.