New Courses Added to Fall 2013 Schedule of Classes!

Dear Students,

The Department of Economics has added two new additional 400 level course to the Fall 2013 schedule of classes. The following sections are now available and in Testudo. As always, be sure to verify what the prerequisites are for each course and only register for courses that you have successfully completed all of the prerequisites for.

ECON441 Theory of International Economics

Prerequisite: Minimum grade of C- in ECON326 and ECON325. Or ECON305 and ECON306; and permission of BSOS-Economics department. Restriction: Must be in Economics program; and must not have completed ECON340. Credit only granted for: ECON340 or ECON441.

Theoretical treatment of international trade and international finance. Includes Ricardian and Heckscher-Ohlin theories of comparative advantage, analysis of tariffs and other trade barriers, international factor mobility, balance of payments adjustments, exchange rate determination, and fiscal and monetary policy in an open economy.

Section 0101 @ TuTh 6:45pm – 8:00pm

Instructor: Maksim Belenkiy

ECON460 Industrial Organization

Prerequisite: Minimum grade of C- in ECON326. Or ECON306; and permission of BSOS-Economics department. Restriction: Must be in Economics program.

Industrial Organization analyses the behavior of firms, principally in settings where the assumptions of perfect competition do not apply. It aims to understand and improve business strategy, and also to improve government regulation, often in the form of antitrust policy. In this course we will study a number of topics in Industrial Organization using the tools of Intermediate Microeconomics, including game theory, and detailed empirical case-studies. The first part of the course will cover some core topics in IO such as monopoly pricing, different forms of price discrimination, oligopoly behavior. The second part will cover a more selected range of topics in greater deal, including the antitrust analysis of mergers and collusion, auctions and consumer protection. Empirical examples will be taken from a wide-range of industries including retail, energy markets and airline markets. The course should be ideal preparation for students interested in pursuing careers in business strategy, marketing, corporate law or government, as well as students planning to apply to graduate programs in economics. Students will complete problem sets, a midterm exam and a final. (A term paper will be optional as a replacement for an exam grade.)

Section 0101 @ MW 2:00pm – 3:15pm

Instructor: Andrew Sweeting