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ECP 3203 Labor Economics

Labor Economics provides an economic analysis of the labor market. Students will study the demand for and supply of labor, the causes of unemployment, labor market discrimination, what influences the productivity of labor, the effects of labor unions, and the determinants of wages, among other topics.
This course will address many questions related to the labor market such as:
  • What determines how much a worker gets paid? Do firms discriminate?
  • How do job seekers conduct an optimal job search?
  • Do minimum wage laws make workers better off?
  • Does immigration affect the wages of domestic workers?

Prerequisites: ECO 2013 & ECO 2023, or equivalent.

 

ECP 3703 Managerial Economics

Managerial economics examines the managerial decision-making process within firms from an economic perspective.
This course covers topics such as:
  • Management and business strategies
  • Risk analysis
  • Demand estimation and pricing
  • Forecasting
  • Competitive behavior and profit maximization

Prerequisites: ECO 2013 & ECO 2023, or equivalent. This course counts towards the economics requirement for both Management and Finance Majors.

 

 

ECP 4302 Environmental Economics

Environmental Economics examines the interactions between the economy and the environment.
Environmental economics examines many questions, including:
  • Why are unrestricted markets unable to deal with environmental problems?  (Why are things so bad?)
  • How can market-oriented solutions be used to solve environmental issues?  (Why things can get better?)
  • What can we do about climate change? (And other problems?)

Prerequisites: ECO 2013 & ECO 2023, or equivalent.

 

  • Patterns of International Trade
  • Patterns of International Trade
  • Patterns of International Trade

 

ECO 4704 International Trade

This course explores the causes and consequences of international trade. We will investigate why countries trade, what they trade and who gains and loses from trade.

This course covers topics such as:

  • Patterns of International Trade
  • Comparative Advantage
  • Factor Endowments
  • Offshoring
  • Trade policy instruments such as tariffs, quotas, voluntary export restrictions
  • Free trade agreements

Prerequisites: ECO 3101.

 

 

ECO 4402 Game Theory and Applications

Game Theory examines how to take strategic decisions under different economic scenarios.

This course covers topics such as:
  • How to think about strategic games
  • Decision making under uncertainty and imperfect information
  • Decision making in repeated games scenarios
  • Applications of the tools of game theory: How Pentagon applies game theory
  • How to design labor contracts

Prerequisites: ECO 2023.

 

 

ECP 4407 Economics of Entrepreneurship

Economics of Entrepreneurship examines the role of entrepreneurs in the economy and for public policy.


This course examines many questions, including:

  • What makes an entrepreneur?
  • How do entrepreneurs add value to society?
  • What role do entrepreneurs play in driving economic growth?

Prerequisites: : ECO 2013 & ECO 2023.

 

 

ECO 4934 Sports Economics

Sports Economics examines the interactions between players, teams, leagues, unions, and governments at all levels. 

Sports Economics cover issues like:

  • Leagues, Free Agents, Drafts, Unions, and Monopsony Power
  • The NCAA and Amateur Sports-yesterday and today
  • Limits on player mobility and their consequences

Prerequisites: ECO 2023.

 

 

 

 

 

 

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