ECON 12060     PERSONAL FINANCE      3 Credit Hours

Examines economic issues and problems of everyday life. Goal is to enable individuals to analyze their personal finances in order to learn how to get the most out of their income, increase income through a better understanding of possible investments, and protect what they have through selecting appropriate insurance. Topics covered include budgeting and financial planning, federal income taxes, insurance, borrowing, and investment principles and strategies.

Prerequisite: None.

Schedule Type: Lecture

Contact Hours: 3 lecture

Grade Mode: Standard Letter

Attributes: CTAG Personal Finance

ECON 22060     PRINCIPLES OF MICROECONOMICS (KSS)      3 Credit Hours

Course discusses decision-making by buyers, sellers, and governments and how their interaction affects market determination of prices. Students compare outcomes and firm decisions in different market structures. Students develop tools to examine social problems such as poverty, crime, pollution and international relations, as well as make better decisions in their own lives.

Prerequisite: Minimum 22 ACT math score; or minimum 530 SAT math score; or minimum 35 ALEKS Math score; or MATH 00022 with a minimum C grade or any higher level MATH course.

Schedule Type: Lecture

Contact Hours: 3 lecture

Grade Mode: Standard Letter

Attributes: Kent Core Social Sciences, TAG Social and Behavioral Sciences, Transfer Module Social Sciences

ECON 22061     PRINCIPLES OF MACROECONOMICS (KSS)      3 Credit Hours

Principles and policies affecting aggregate production, consumption, investment and government expenditures. Includes role of money, the banking system, inflation, unemployment and economic growth.

Prerequisite: ECON 22060.

Schedule Type: Lecture

Contact Hours: 3 lecture

Grade Mode: Standard Letter

Attributes: Kent Core Social Sciences, TAG Social and Behavioral Sciences, Transfer Module Social Sciences

ECON 32025     MONEY, CREDIT AND BANKING      3 Credit Hours

Organization of our money, credit and banking system principles and problems of monetary policy.

Prerequisite: ECON 22060 and 22061.

Schedule Type: Lecture

Contact Hours: 3 lecture

Grade Mode: Standard Letter

ECON 32040     INTERMEDIATE MICROECONOMIC THEORY AND APPLICATIONS      3 Credit Hours

The study of individual choices under conditions of relative scarcity, and their consequences for prices and the allocation of resources in the economic system. Develops the analytical and theoretical tools pertinent in determining how scarce resources are allocated among competing wants and demonstrates how these tools are used in real world applications.

Prerequisite: ECON 22060 and 22061.

Schedule Type: Lecture

Contact Hours: 3 lecture

Grade Mode: Standard Letter

ECON 32041     INTERMEDIATE MACROECONOMIC THEORY AND POLICY      3 Credit Hours

This course analyzes key drivers of an economy’s GDP, consumption, investment and interest rates. The class will examine economic growth and how it can be impacted by public policy. Students will understand the uses and limitations of a macroeconomic model and will be exposed to the two main schools of thought in macroeconomics. National and international data will be used to better understand these concepts.

Prerequisite: ECON 22060 and 22061.

Schedule Type: Lecture

Contact Hours: 3 lecture

Grade Mode: Standard Letter

ECON 32050     APPLIED ECONOMETRICS I (ELR)      3 Credit Hours

The course provides an introduction to the use of statistical analysis in economics. The initial part of the course reviews relevant concepts from probability and statistics. The second course segment focuses on linear regression analysis and the properties of regression estimators. The final course segment discusses extensions of the linear model and considers problems that may arise in application including omitted variables, nonlinearity, measurement error, sample selection, heteroscedasticity and causality. The SAS statistical software package is used throughout the course for data analysis. Over the second half of the course, students complete an empirical project which requires students to connect the course concepts to the analysis of an economic policy question in a real world data set.

Prerequisite: MATH 11012 or MATH 12002; and ECON 22060; and BA 24056 or MATH 10041 or MATH 20011.

Schedule Type: Lecture

Contact Hours: 3 lecture

Grade Mode: Standard Letter

Attributes: Experiential Learning Requirement

ECON 32051     APPLIED ECONOMETRICS II      3 Credit Hours

The course provides a continuation of Applied Econometrics I, extending the basic linear regression models to more advanced models using cross-sectional, panel or time series data. The initial part of the course focuses on models for discrete and limited dependent variables. The second course segment addresses estimation methods for panel data. The final course segment provides an overview of time series estimation with an emphasis on forecasting in economic data.

Prerequisite: ECON 32050.

Schedule Type: Lecture

Contact Hours: 3 lecture

Grade Mode: Standard Letter

ECON 32082     INTRODUCTION TO MANAGERIAL ECONOMICS      3 Credit Hours

Combines economic theory and quantitative analysis to develop resource-allocation decision-making skills which enable managers to evaluate problems, identify possible solutions and finally implement and monitor the best alternative to accomplish their stated objectives. Covers such topics as supply and demand, consumer theory, production, costs, contracts, game theory, principal-agent problems, and the basic economic models of perfect competition, oligopoly, monopolistic, competition and monopoly. Not open to students who have completed ECON 32040.

Prerequisite: ECON 22060; not open to Economics majors.

Schedule Type: Lecture

Contact Hours: 3 lecture

Grade Mode: Standard Letter

ECON 32084     ECONOMICS OF THE ENVIRONMENT      3 Credit Hours

Examines economic theory of environmental and resource economics in a fashion that is understandable by students with varied backgrounds in economics. Emphasis on microeconomic theory and its application to environmental issues. Topics covered include "market failure" and its impact on the environment; cost benefit analysis; and input-output analysis. Designed for those interested in the environment or who may be planning careers in environmental or natural sciences.

Prerequisite: ECON 22060.

Schedule Type: Lecture

Contact Hours: 3 lecture

Grade Mode: Standard Letter

ECON 42050     DATA ACQUISITION, PREPARATION AND VISUALIZATION      3 Credit Hours

(Slashed with ECON 52050) Accessing and collecting data from existing sources (databases and raw data), transformation of raw data into formats that can be used for final analysis, techniques for presentation and visualization of data, predictive analytics using machine learning and cross validation. Students will perform some work in SAS but will also be introduced to the R statistical language.

Prerequisite: BA 24056 or MATH 10041 or MATH 20011.

Schedule Type: Lecture

Contact Hours: 3 lecture

Grade Mode: Standard Letter

ECON 42070     GAME THEORY      3 Credit Hours

Introduction to game theory and its application to economics. Analysis of strategic behavior by economic agents using equilibrium concepts from non-cooperative game theory.

Prerequisite: ECON 22060 and ECON 22061.

Schedule Type: Lecture

Contact Hours: 3 lecture

Grade Mode: Standard Letter

ECON 42072     LABOR ECONOMICS: WORK AND PAY      3 Credit Hours

(Slashed with ECON 52072) The economic analysis of the decisions of workers and firms in determination of wages and employment. Topics include labor supply decisions, marginal productivity theory, discrimination, demand for education, effects of trade unions, immigration and growing wage inequality.

Prerequisite: ECON 32040.

Schedule Type: Lecture

Contact Hours: 3 lecture

Grade Mode: Standard Letter

ECON 42075     INTERNATIONAL ECONOMIC RELATIONS      3 Credit Hours

(Slashed with ECON 52075) Principles, problems and policies of international economic relations with extensive references to the United States, Western Europe, Latin America and former communist countries. Covers international aspects of interdependency, cooperation and multinational institutions.

Prerequisite: ECON 22060 and 22061.

Schedule Type: Lecture

Contact Hours: 3 lecture

Grade Mode: Standard Letter

ECON 42076     ECONOMIC DEVELOPMENT      3 Credit Hours

(Slashed with ECON 52076) Analysis of nature of significance of barriers to and future potential for economic development of a nation. Special emphasis on theories and strategic factors pertaining to economic growth.

Prerequisite: ECON 22060 and 22061.

Schedule Type: Lecture

Contact Hours: 3 lecture

Grade Mode: Standard Letter

ECON 42081     URBAN ECONOMICS: CITIES AND HOUSING      3 Credit Hours

(Slashed with ECON 52081) This course is an introduction to the field of urban economics. Urban economics is the study of the location decisions of households and firms. We will explore why cities exist, why firms cluster together, why people live in cities, and other issues such as education, discrimination in housing, the housing crisis and crime. A heavy emphasis in this class will be placed on the study of housing markets, policy and neighborhood choice.

Prerequisite: ECON 22060 and ECON 22061.

Schedule Type: Lecture

Contact Hours: 3 lecture

Grade Mode: Standard Letter

ECON 42085     PUBLIC ECONOMICS: GOVERNMENT AND POLICY      3 Credit Hours

(Slashed with ECON 52085) Examination of the role of government in the economy, including market failures, the efficiency and equity of taxation, government involvement in health care, education, and income distribution, and current government policy issues.

Prerequisite: ECON 22060.

Schedule Type: Lecture

Contact Hours: 3 lecture

Grade Mode: Standard Letter

ECON 42086     ECONOMICS OF HEALTH CARE      3 Credit Hours

(Slashed with ECON 52086) This is a one-semester course on a topic of major policy interest, particularly given the current health care reform debate. It is impossible to turn on the news today and not hear a story about the health care industry. Health care accounts for almost 20 percent of all that is produced in the United States. In addition, it has been a major political issue in recent years. The overall objective of the course is to use concepts and tools of economics to understand and evaluate what has and is happening in the health care profession and current policies under consideration.

Prerequisite: ECON 22060.

Schedule Type: Lecture

Contact Hours: 3 lecture

Grade Mode: Standard Letter

ECON 42189     INTERNATIONAL ECONOMIC EXPERIENCE (ELR)      3 Credit Hours

(Slashed with ECON 52189) Firsthand exposure to international economics. Includes pre-trip orientation sessions, visits to international businesses and organizations, and opportunities for cultural activities.

Prerequisite: Economics major or minor; and junior standing; and special approval.

Schedule Type: International Experience

Contact Hours: 9 other

Grade Mode: Standard Letter

Attributes: Experiential Learning Requirement

ECON 42191     SENIOR SEMINAR IN ECONOMICS (WIC)      3 Credit Hours

This is the culminating requirement for students majoring in Economics. The purpose of the seminar is to critically apply economic principles to a variety of topics in a very interactive setting. Writing and revising will be an important component of the course.

Prerequisite: Minimum C- grade in ECON 32040, ECON 32041 and ECON 32050.

Schedule Type: Seminar

Contact Hours: 3 other

Grade Mode: Standard Letter

Attributes: Writing Intensive Course

ECON 42292     INTERNSHIP IN ECONOMICS (ELR)      3 Credit Hours

(Repeatable for credit) Supervised practical experience in economics. May count toward the economics major electives or as a business elective.

Prerequisite: At least two of the following courses: ECON 32040, ECON 32041 or ECON 32050; a minimum 2.250 overall GPA; and economics major; and special approval.

Schedule Type: Practical Experience

Contact Hours: 9 other

Grade Mode: Satisfactory/Unsatisfactory-IP

Attributes: Experiential Learning Requirement

ECON 42295     SPECIAL TOPICS IN ECONOMICS      3 Credit Hours

(Repeatable for a maximum of 9 credit hours) (Slashed with ECON 52295) Various special topics will be announced in the schedule of classes under this course number.

Prerequisite: Special approval.

Schedule Type: Lecture

Contact Hours: 3 lecture

Grade Mode: Standard Letter

ECON 42296     INDIVIDUAL INVESTIGATION IN ECONOMICS      1-3 Credit Hours

(Repeatable for credit)Independent study done under the supervision of a faculty member. Written approval of supervising faculty member and department chair required prior to registration.

Prerequisite: Senior Economics major; and special approval.

Schedule Type: Individual Investigation

Contact Hours: 1-3 other

Grade Mode: Standard Letter-IP

ECON 42298     RESEARCH IN ECONOMICS (ELR)      1-6 Credit Hours

(Repeatable for credit)Research project done under the supervision of a faculty member. Written approval of supervising faculty member and department chair required prior to registration.

Prerequisite: Senior Economics major; and special approval.

Schedule Type: Research

Contact Hours: 1-6 other

Grade Mode: Standard Letter-IP

Attributes: Experiential Learning Requirement

ECON 42299     SENIOR PROJECT (ELR)      1-3 Credit Hours

(Repeatable for credit) Thesis or independent study project done under the supervision of a faculty member. Written approval of supervising faculty member and department chair required prior to registration.

Prerequisite: Senior economics major; and special approval.

Schedule Type: Senior Project/Honors Thesis

Contact Hours: 1-3 other

Grade Mode: Standard Letter-IP

Attributes: Experiential Learning Requirement

ECON 52050     DATA ACQUISITION, PREPARATION AND VISUALIZATION      3 Credit Hours

(Slashed with ECON 42050) Accessing and collecting data from existing sources (databases and raw data), transformation of raw data into formats that can be used for final analysis, techniques for presentation and visualization of data, predictive analytics using machine learning and cross validation. Students will perform some work in SAS but will also be introduced to the R statistical language.

Prerequisite: Graduate standing.

Schedule Type: Lecture

Contact Hours: 3 lecture

Grade Mode: Standard Letter

ECON 52065     PROBLEMS OF MONETARY AND FISCAL POLICY      3 Credit Hours

(Slashed with ECON 42065) Study of monetary and fiscal policy frameworks and the problems in conducting monetary and fiscal policies.

Prerequisite: Graduate standing.

Schedule Type: Lecture

Contact Hours: 3 lecture

Grade Mode: Standard Letter

ECON 52072     LABOR ECONOMICS: WORK AND PAY      3 Credit Hours

(Slashed with ECON 42072) The economic analysis of the decisions of workers and firms in determination of wages and employment. Topics include labor supply decisions, marginal productivity theory, discrimination, demand for education, effects of trade unions, immigration and growing wage inequality. For students that did not attend Kent State University for their undergraduate degree, please contact the department for approval.

Prerequisite: ECON 32040; and graduate standing.

Schedule Type: Lecture

Contact Hours: 3 lecture

Grade Mode: Standard Letter

ECON 52075     INTERNATIONAL ECONOMIC RELATIONS      3 Credit Hours

(Slashed with ECON 42075) Principles, problems and policies of international economic relations with extensive references to the United States, Western Europe, Latin America and former communist countries. Covers international aspects of interdependency, cooperation and multinational institutions.

Prerequisite: ECON 22060 and 22061; and graduate standing.

Schedule Type: Lecture

Contact Hours: 3 lecture

Grade Mode: Standard Letter

ECON 52076     ECONOMIC DEVELOPMENT      3 Credit Hours

(Slashed with ECON 42076) Analysis of nature and significance of barriers to and future potential for economic development of a nation. Special emphasis on theories and strategic factors pertaining to economic growth.

Prerequisite: Graduate standing.

Schedule Type: Lecture

Contact Hours: 3 lecture

Grade Mode: Standard Letter

ECON 52081     URBAN ECONOMICS: CITIES AND HOUSING      3 Credit Hours

(Slashed with ECON 42081) This course is an introduction to the field of urban economics. Urban economics is the study of the location decisions of households and firms. We will explore why cities exist, why firms cluster together, why people live in cities, and other issues such as education, discrimination in housing, the housing crisis, and crime. A heavy emphasis in this class will be placed on the study of housing markets, policy, and neighborhood choice.

Prerequisite: Graduate standing.

Schedule Type: Lecture

Contact Hours: 3 lecture

Grade Mode: Standard Letter

ECON 52085     PUBLIC ECONOMICS: GOVERNMENT AND POLICY      3 Credit Hours

(Slashed with ECON 42085) Examination of public expenditure and taxation policies including the theory of public goods, collective decision making, cost-benefit analysis, equity and efficiency aspects of taxation and current government policy issues.

Prerequisite: ECON 22060; and Graduate standing.

Schedule Type: Lecture

Contact Hours: 3 lecture

Grade Mode: Standard Letter

ECON 52086     ECONOMICS OF HEALTH CARE      3 Credit Hours

(Slashed with ECON 42086) This is a one-semester course on a topic of major policy interest, particularly given the current health care reform debate. It is impossible to turn on the news today and not hear a story about the health care industry. Health care accounts for almost 20 percent of all that is produced in the United States. In addition, it has been a major political issue in recent years. The overall objective of the course is to use concepts and tools of economics to understand and evaluate what has and is happening in the health care profession and current policies under consideration.

Prerequisite: ECON 22060; and graduate standing.

Schedule Type: Lecture

Contact Hours: 3 lecture

Grade Mode: Standard Letter

ECON 52189     INTERNATIONAL ECONOMICS EXPERIENCE      3 Credit Hours

(Slashed with ECON 42189) Firsthand exposure to international economics. Includes pre-trip orientation sessions, visits to international business and organizations, and opportunities for cultural activities.

Prerequisite: Graduate standing; and special approval.

Schedule Type: International Experience

Contact Hours: 9 other

Grade Mode: Standard Letter

ECON 52295     SPECIAL TOPICS IN ECONOMICS      3 Credit Hours

(Repeatable for a maximum of 9 credit hours) (Slashed with ECON 42295) Various special topics will be announced in the schedule of classes under this course number.

Prerequisite: Graduate standing; and special approval.

Schedule Type: Lecture

Contact Hours: 3 lecture

Grade Mode: Standard Letter

ECON 60199     THESIS I      2-6 Credit Hours

(Repeatable for credit) Thesis students must register for a total of 6 hours, 2 to 6 hours in a single semester distributed over several semesters if desired.

Prerequisite: Graduate standing.

Schedule Type: Masters Thesis

Contact Hours: 2-6 other

Grade Mode: Satisfactory/Unsatisfactory-IP

ECON 60299     THESIS II      2 Credit Hours

Thesis students must continue registration each semester until all degree requirements are met.

Prerequisite: ECON 60199; and graduate standing.

Schedule Type: Masters Thesis

Contact Hours: 2 other

Grade Mode: Satisfactory/Unsatisfactory-IP

ECON 62021     MACROECONOMIC ENVIRONMENT OF BUSINESS      2 Credit Hours

(Slashed with ECON 72021) Analysis of forces determining economic growth, employment, inflation and global economic environment with emphasis on understanding the business cycle and government stabilization policies.

Prerequisite: Graduate standing; and special approval.

Schedule Type: Lecture

Contact Hours: 2 lecture

Grade Mode: Standard Letter

ECON 62022     MANAGERIAL ECONOMICS      2 Credit Hours

(Slashed with ECON 72022) Uses economic theory and quantitative methodologies to develop decision-making skills which enable managers of local, national and multinational companies to evaluate problems and allocate resources efficiently.

Prerequisite: Graduate standing; and special approval.

Schedule Type: Lecture

Contact Hours: 2 lecture

Grade Mode: Standard Letter

ECON 62050     MICROECONOMIC THEORY I      3 Credit Hours

(Slashed with ECON 72050) Formal analysis of foundational models in microeconomics, including consumer and producer theory, an introduction to non-cooperative game theory, market equilibrium under various market structures and a discussion of market failures.

Prerequisite: Graduate standing.

Schedule Type: Lecture

Contact Hours: 3 lecture

Grade Mode: Standard Letter

ECON 62051     MACROECONOMIC THEORY I      3 Credit Hours

(Slashed with ECON 72051) Formal analysis of models in macroeconomics, including models of economic growth, business cycles, consumption, investment, and unemployment, with applications to the analysis of monetary and fiscal policies.

Prerequisite: Graduate standing.

Schedule Type: Lecture

Contact Hours: 3 lecture

Grade Mode: Standard Letter

ECON 62052     DATA ACQUISITION AND PREPARATION FOR ACADEMIC RESEARCH      3 Credit Hours

(Slashed with ECON 72052) Students will learn to access and collect data from existing sources (databases and raw data), prepare the data for further analysis, tabulate/visualize the summary statistics, and perform basic analysis using several different statistical software. The course is designed primarily to aid students with their academic research projects. Students will primarily learn Stata and SAS for data preparation and analysis and Python for scraping texts from various web sources.

Prerequisite: Graduate standing.

Schedule Type: Lecture

Contact Hours: 3 lecture

Grade Mode: Standard Letter

ECON 62054     ECONOMETRICS I      3 Credit Hours

(Slashed with ECON 72054) Introduction to problems and methods of the empirical estimation of economic relationships.

Prerequisite: Graduate standing.

Schedule Type: Lecture

Contact Hours: 3 lecture

Grade Mode: Standard Letter

ECON 62055     ECONOMETRICS II      3 Credit Hours

(Slashed with ECON 72055) Covers generalized linear regression, mixed estimation, simultaneous equation systems, their identification and estimation by single equation and systems estimation.

Prerequisite: ECON 62054; and graduate standing.

Schedule Type: Lecture

Contact Hours: 3 lecture

Grade Mode: Standard Letter

ECON 62056     TIME SERIES ANALYSIS      3 Credit Hours

(Slashed with ECON 72056) Covers various univariate and multivariate time series models, including autoregressive moving average (ARMA), general autoregressive conditional heteroskedasticity (GARCH), value at risk (VaR), vector autoregressive (VAR) and vector error correction model (VECM), etc. Students will gain hands-on experience with all models learned in the course.

Prerequisite: Graduate standing.

Schedule Type: Lecture

Contact Hours: 3 lecture

Grade Mode: Standard Letter

ECON 62092     INTERNSHIP IN ECONOMICS      3 Credit Hours

(Repeatable for credit) Supervised practical experience in economics. Students must have a minimum 3.000 GPA in the economics major within the MAE degree and completed 4 courses from the MAE.

Prerequisite: Admitted to the Master of Arts in Economics program; and special approval.

Schedule Type: Practical Experience

Contact Hours: 3 other

Grade Mode: Satisfactory/Unsatisfactory

ECON 62095     SPECIAL TOPICS IN ECONOMICS      3 Credit Hours

(Repeatable 3 times for credit) Various special topics will be announced in the Schedule of Classes under this course number.

Prerequisite: Graduate standing; and special approval.

Schedule Type: Lecture

Contact Hours: 3 lecture

Grade Mode: Standard Letter

ECON 62096     INDEPENDENT STUDY      1-3 Credit Hours

(Repeatable for credit)Independent study on a particular project or sequence of subjects. Maximum of 6 semester hours of work may be earned in independent study although no more than 3 hours in any one semester.

Prerequisite: Graduation standing; and special approval.

Schedule Type: Individual Investigation

Contact Hours: 1-3 other

Grade Mode: Standard Letter-IP

ECON 62098     RESEARCH      1-15 Credit Hours

(Repeatable for credit)Research for master's students. May apply toward degree requirements if approved in advance by department.

Prerequisite: Graduate standing.

Schedule Type: Research

Contact Hours: 1-15 other

Grade Mode: Standard Letter

ECON 62199     THESIS I      2-6 Credit Hours

Thesis students must register for total of 6 hours, 2 to 6 hours in a single semester, distributed over several semesters if desired.

Prerequisite: Graduate standing and special approval of adviser.

Schedule Type: Masters Thesis

Contact Hours: 2-6 other

Grade Mode: Satisfactory/Unsatisfactory-IP

ECON 62299     THESIS II      2 Credit Hours

Thesis students must continue registration each semester until all degree requirements are met.

Prerequisite: ECON 62199; and graduate standing.

Schedule Type: Masters Thesis

Contact Hours: 2 other

Grade Mode: Satisfactory/Unsatisfactory-IP

ECON 64004     QUANTITATIVE METHODS IN BUSINESS ADMINISTRATION I      3 Credit Hours

(Slashed with ECON 74004) Covers the mathematical tools that are of central importance in economics in the context of economic examples. Topics include functions, matrix algebra, differential calculus, optimization, integration and dynamic analysis.

Prerequisite: Graduate standing.

Schedule Type: Lecture

Contact Hours: 3 lecture

Grade Mode: Standard Letter

ECON 72021     MACROECONOMIC ENVIRONMENT OF BUSINESS      2 Credit Hours

(Slashed with ECON 62021) Analysis of forces determining economic growth, employment, inflation and global economic environment with emphasis on understanding the business cycle and government stabilization policies.

Prerequisite: Doctoral standing.

Schedule Type: Lecture

Contact Hours: 2 lecture

Grade Mode: Standard Letter

ECON 72022     MANAGERIAL ECONOMICS      2 Credit Hours

(Slashed with ECON 62022) Uses economic theory and quantitative methodologies to develop decision-making skills which enable managers to evaluate problems and allocate resources efficiently.

Prerequisite: Doctoral standing.

Schedule Type: Lecture

Contact Hours: 2 lecture

Grade Mode: Standard Letter

ECON 72050     MICROECONOMIC THEORY I      3 Credit Hours

(Slashed with ECON 62050) Formal analysis of foundational models in microeconomics, including consumer and producer theory, an introduction to non-cooperative game theory, market equilibrium under various market structures and a discussion of market failures.

Prerequisite: Doctoral standing.

Schedule Type: Lecture

Contact Hours: 3 lecture

Grade Mode: Standard Letter

ECON 72051     MACROECONOMIC THEORY I      3 Credit Hours

(Slashed with ECON 62051) Formal analysis of models in macroeconomics, including models of economic growth, business cycles, consumption, investment and unemployment, with applications to the analysis of monetary and fiscal policies.

Prerequisite: Doctoral standing.

Schedule Type: Lecture

Contact Hours: 3 lecture

Grade Mode: Standard Letter

ECON 72052     DATA ACQUISITION AND PREPARATION FOR ACADEMIC RESEARCH      3 Credit Hours

(Slashed with ECON 62052) In this course, students will learn to access and collect data from existing sources (databases and raw data), prepare the data for further analysis, tabulate/visualize the summary statistics, and perform basic analysis using several different statistical software. The course is designed primarily to aid students with their academic research projects. Students will primarily learn Stata and SAS for data preparation and analysis and Python for scraping texts from various web sources.

Prerequisite: Doctoral standing.

Schedule Type: Lecture

Contact Hours: 3 lecture

Grade Mode: Standard Letter

ECON 72054     ECONOMETRICS I      3 Credit Hours

(Slashed with ECON 62054) Introduction to problems and methods of the empirical estimation of economic relationships.

Prerequisite: Doctoral standing.

Schedule Type: Lecture

Contact Hours: 3 lecture

Grade Mode: Standard Letter

ECON 72055     ECONOMETRICS II      3 Credit Hours

(Slashed with ECON 62055) Covers generalized linear regression, mixed estimation, simultaneous equation systems, their identification and estimation by single equation and systems estimation.

Prerequisite: ECON 62054; and doctoral standing.

Schedule Type: Lecture

Contact Hours: 3 lecture

Grade Mode: Standard Letter

ECON 72056     TIME SERIES ANALYSIS      3 Credit Hours

(Slashed with ECON 62056) Covers various univariate and multivariate time series models, including autoregressive moving average (ARMA), general autoregressive conditional heteroskedasticity (GARCH), value at risk (VaR), vector autoregressive(VAR) and vector error correction model (VECM), etc. Students will gain hands-on experience with all models learned in the course.

Prerequisite: Doctoral standing.

Schedule Type: Lecture

Contact Hours: 3 lecture

Grade Mode: Standard Letter

ECON 74004     QUANTITATIVE METHODS IN BUSINESS ADMINISTRATION I      3 Credit Hours

(Slashed with ECON 64004) Covers the mathematical tools that are of central importance in economics in the context of economic examples. Topics include functions, matrix algebra, differential calculus, optimization, integration and dynamic analysis.

Prerequisite: Doctoral standing.

Schedule Type: Lecture

Contact Hours: 3 lecture

Grade Mode: Standard Letter