EC 101 Macroeconomics. The cycle of boom and bust, of bubble and crash remains a permanent fixture of industrial economies. For two hundred years these cycles have been superimposed on rising affluence in Western, and now more recently, in Asian economies. This course explores the causes of growth and cycles from the perspectives of different schools of thought. In particular, the roles of monetary, fiscal, and regulatory policies will be examined in the light of the historical and recent economic performance of the United States and other industrial economies. Offered fall and spring semesters.

EC 102  Microeconomics. How does the market coordinate the buying and selling decisions of millions of consumers and businesses? How is the myriad of goods and services produced, as well as the incomes generated to buy them? This course examines the relationships between consumers, firms, markets, and government from orthodox and heterodox perspectives. It develops the economic analysis to understand the market economy. Topics that will be covered include demand, elasticity, supply, production and cost, and market structure. The markets for and utilization of labor, land, and capital are also examined. The role of government in securing the advantages of the market while mitigating its problems is also discussed. Offered fall and spring semesters.

                                      01  Yanan Di              M,W             2:40 – 4:10 PM                 SPH 5
                                      02  Yanan Di              M,W            1:00 – 2:30 PM                  SPH 5

EC 301 Intermediate Macroeconomics. This course develops the economic theory underlying macroeconomic policy-making in the lying macroeconomic policy-making in the United States today. It considers competing theoretical perspectives including Post-Keynesian, Monetarist, and supply-side approaches and the debates on the role of government, taxation, and stabilization policy, the balanced budget and the national debt, and money and credit. The actual practice of fiscal and monetary policy is examined in the light of the influences of the international economy on the United States. Prerequisite: Economics 101. Offered alternate fall semesters.

                                       Jayne Dean            T,TH               11:20 - 12:50PM             MH 23       

EC 305 International Trade. This course will explore modern trade theory with a major emphasis on developing and using economic modeling to explain the rationale and direction of modern trade flows. A discussion of changes in current practices of commercial policy in the context of new information technology and geo-economic structures will be included as well as the new European Economic Community. Prerequisites: Economics 101 or 102. Offered spring semester.

                                        Mary Leacy              M,W                3:00 - 4:30PM            MH26 

EC 415 Applied Econometrics.

                                        Yanan Di                  T, R                1:00 – 2:30PM           SPH SCCA