EC 101-01, 02, H1 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
01 Dean T, R 11:20 – 12:50 PM SPH 4 02 Dean M, W 2:40 - 4:10 PM MH 8
H1 Leacy M 6:00 - 9:00 PM MH 26 EC 102-01, 02, 03, 04 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 Di T, R 9:40 – 11:10 AM MH 22 02 Di T, R 11:20 – 12:50 PM MH 22 03 Levy M 1:00 - 4:00 PM TBA 04 Levy M 5:00 - 8:00 PM TBA
EC 291 Health Economics. This course provides an overview of the health care sector and how to apply the principles of economics to analyze this sector. We will address how the health market works, with an emphasis on the peculiarities of the health care market, the causes of market failures and the need for intervention. We learn the analytical tools to evaluate the U.S. health care system and current health policy issues on such criteria as efficiency and equity. You will learn about the demand and supply of health services, the structure of health insurance and its impact on social welfare, as well as the rationale for, and the effects of government intervention.
Di M,W 1:00 – 2:30 PM SPH 29
EC 312 Economics of Genocide. The course will explore the ways in which genocide is a logical extension of economic discrimination. This includes, but will not be limited to, an investigation of the economic motivations behind the 20th century’s classic cases of genocide: the Aghet (Turkish genocide against the Armenians), the Holocaust, the Khmer Rouge and the Hutu-power genocides. Examples of previous cases of genocide such as the 19th century attempt at the extermination of the indigenous American tribes will be brought in as appropriate. Prerequisite: Economics 101 or 102. Offered alternate spring semesters.
Leacy T,R 2:40 – 4:10 PM MH 11
EC 313 Labor Economics and Industrial Relations. While executive compensation has soared and dot.com millionaires have proliferated, more than one in five American children grow up in poverty. Inequality in the United States is the highest it has been since the Gilded Age of the 1920s. In this course we will examine why the rise of “winner-take-all” markets has coincided with falling incomes for the poor, and the roles of globalization, technology, family structure, immigration, and other factors in producing these outcomes. We will conclude the course by examining the history and role of unions, the practice of collective bargaining, and the legal framework for industrial relations in the U.S. Prerequisite: Economics 101 or 102. Offered alternate fall semesters.
Dean T,R 9:40 – 11:10 AM SPH 4
EC400 Senior Reflective Tutorial. This course will be offered in the spring concurrently with the capstone course in economic methodology. It is in this senior tutorial that students will develop and refine skills in applied economics, such as data collection, manipulation, mining and date organization that are required for a major research paper. The reflective aspect of the research process will be emphasized. There are two tracks students may choose to follow. They can complete a practicum in the field of economics or design and develop an empirical research project independently. In both, students will use a high level of empirical data analysis with at least two regression programs as well as keep a research diary. The RFT will provide a forum for students to meet collectively to share, reflect on and discuss their research or practicum with each other. They will be required to orally present at several stages of the senior thesis to economists from Wagner College and at Seminars in the Greater New York Area. To be taken in conjunction with EC 420.
Leacy W 6:00 - 9:00PM MH26
EC420 Methodology and Research in Economics. This course will explore both the practical and theoretical ways of approaching research in economics. It will help students think about their research projects as well as include practice in the application of statistical and econometric techniques. Students will learn to reflect on the methodology in their research, to formulate testable hypotheses, and to manage data. Economic literacy both in written and verbal forms will be emphasized, with students completing a major research project. Prerequisites: Economics 101, 102, and either 301 or 302; Mathematics 108. To be taken in conjunction with Economics 421.
