Economics (ECN)

ECN 436 International Trade Theory. (3) A
The comparative-advantage doctrine, including practices under varying commercial policy approaches. The economic impact of international disequilibrium. Prerequisite: ECN 314 or instructor approval. General Studies: SB, G.

ECN 438 International Monetary Economics. (3) A
History, theory, and policy of international monetary economics. Balance of payments and exchange rates. International financial markets including Eurocurrency markets. Prerequisite: ECN 313 or instructor approval. General Studies: SB, G.

ECN 441 Public Finance. (3) A
Public goods, externalities, voting models, public expenditures, taxation, and budget formation with emphasis on the federal government. Prerequisite: ECN 314 or instructor approval. General Studies: L2/SB.

ECN 453 Government and Business. (3) A
Development of public policies toward business. Antitrust activity. Economic effects of government policies. Prerequisite: ECN 314 or instructor approval.

ECN 480 Introduction to Econometrics. (3) A
Elements of regression analysis: estimation, hypothesis tests, prediction. Emphasis is on use of econometric results in assessment of economic theories. Prerequisite: instructor approval. General Studies: N2.

ECN 498 Pro-Seminar. (3) A
Topic chosen from current area of interest. Prerequisites: ECN 313 and 314 or instructor approval.

ECN 502 Managerial Economics. (3) F, S
Application of microeconomic analysis to managerial decision-making in areas of demand, production, cost, and pricing. Evaluation of competitive strategies. Prerequisite: MBA degree program student.

ECN 504 History of Economic Thought. (3) S
Historical development of economic theory. Emphasis on the development of economic analysis from preclassical economics through Keynes. Prerequisite: ECN 510 or instructor approval.

ECN 509 Macroeconomic Theory and Applications. (3) F
Theory of income, output, employment, and price level. Influence on business and economic environment. Prerequisites: ECN 111 and calculus or instructor approval.

ECN 510 Microeconomic Theory and Applications. (3) F, S
Application of economic theory to production, consumer demand, exchange, and pricing in a market economy. Prerequisites: ECN 112 and calculus or instructor approval.

ECN 511 Macroeconomic Analysis I. (3) F
Current theories of output, employment, inflation, and asset prices as well as major aggregates. Introduction to dynamic optimization techniques. Prerequisites: ECN 313 and calculus or instructor approval.

ECN 512 Microeconomic Analysis I. (3) F
Theory of production, consumer demand, resource use, and pricing in a market economy. Prerequisites: ECN 314 and calculus or instructor approval.

ECN 513 Macroeconomic Analysis II. (3) F
Focus on growth theory, dynamic general equilibrium models, monetary theory, open-economy issues. Prerequisite: ECN 511 or instructor approval.

ECN 514 Microeconomic Analysis II. (3) S
General equilibrium, welfare economics, production, and capital theory. Prerequisite: ECN 512 or instructor approval.

ECN 515 Advanced Macroeconomic Analysis. (3) F
Focus on current research areas in macroeconomics and monetary theory with emphasis on methods in economic dynamics and numerical techniques. Prerequisite: ECN 511 or instructor approval.

ECN 516 Economics of Uncertainty, Information, and Strategic Behavior. (3) F
Economic behavior under uncertainty; markets and contracts under asymmetric information; the theory of games with incomplete information and applications. Prerequisite: ECN 512 or instructor approval.

ECN 517 Monetary Theory. (3) F
Traditional and post-Keynesian monetary theory, interest rate determination, the demand and supply of money. Prerequisite: ECN 511 or instructor approval.

ECN 521 Labor Economics I. (3) F
Development of basic theoretical models for analyzing labor market issues. Prerequisite: ECN 510 or instructor approval.

ECN 522 Labor Economics II. (3) N
Extensions/criticisms of labor market theories. Applications to a variety of policy issues. Prerequisite: ECN 521.

ECN 525 Econometrics I. (3) S
Problems in the formulation of econometric models. Emphasis on estimation, hypothesis testing, and forecast of general linear models. Prerequisite: 6 hours of statistics or instructor approval.

ECN 526 Econometrics II. (3) F
Estimation and inference of qualitative and limited dependent variable models as well as general multiple equation models. Prerequisite: ECN 525 or instructor approval.

ECN 527 Econometrics III. (3) S
Generalized method of moment estimation, estimation with censored and truncated samples, nonlinear models, panel-data models, econometrics of nonstationarities. Prerequisite: ECN 526 or instructor approval.

ECN 531 Comparative Economic Systems. (3) F
Philosophical foundations of major economic systems and of properties of principal system models. Comparison of alternative institutions and system components of contemporary economies. Prerequisites: ECN 509, 510 or instructor approval.

ECN 536 International Trade Theory. (3) S
Theories of comparative advantage and their empirical verification. Theory and political economy of commercial policy. Resource transfers and the role of the multinational corporation. Prerequisites: ECN 509, 510 or instructor approval.

ECN 538 International Monetary Theory and Policy. (3) F
The foreign exchange market, balance of payments, and international financial institutions and arrangements; theory and applications. Prerequisites: ECN 509, 510 or instructor approval.

ECN 541 Public Economics. (3) S
Economics of collective action, public spending, taxation, and politics. Impact of central governmental activity on resource allocation and income distribution. Prerequisite: ECN 510 or instructor approval.

ECN 553 Industrial Organization. (3) S
Analysis of structure, conduct, and performance in industrial markets; the economics of organizations. Prerequisite: ECN 510 or instructor approval.

ECN 560 Economics of Growth and Development. (3) F
Economic problems, issues, and policy decisions facing the developing nations of the world. Prerequisites: ECN 509, 510 or instructor approval.

ECN 584 Economics Internship. (1–3) SS
Academic credit for professional work organized through the Internship Program. Prerequisites: ECN 510, 511 or instructor approval.

ECN 585 Mathematics for Economists. (3) F
Survey of mathematical ideas encountered in economics and econometrics: nonlinear programming, the Kuhn-Tucker theorem, concave programming, optimization over time. Prerequisite: calculus or instructor approval.

ECN 591 Economics Seminar. (1–3) F, S, SS
Presentations by outside speakers, department faculty, and graduate students of work in progress. Prerequisite: instructor approval.

ECN 593 Applied Projects. (3) F
Preparation of a supervised applied project typically in conjunction with an internship. Prerequisites: ECN 510, 511.

ECN 594 Conference and Workshop in Economics. (1–3) F, S, SS
Topics such as the following are offered:
(a) Mathematical Statistics Workshop. (1) S
Introduction to statistic principles of estimation and hypothesis testing. Prerequisite: ECN 485 or instructor approval.
(b) Econometrics Time-Series Workshop. (1) S
Extension of the analysis of cointegrated systems to include issues of identification and inference in structural VAR models. Corequisite: ECN 527 or instructor approval.
(c) Econometrics Cross-Section Workshop. (1) S
Issues in the analysis of specific models such as double-selection and panel-data models. Corequisite: ECN 527 or instructor approval.
(d) Microeconomic Topics Workshop. (1–3) SS
Issues in microeconomic theory. Prerequisite: ECN 514 or instructor approval.
(e) Macroeconomic Topics Workshop. (1–3) SS
Issues in macroeconomic theory. Prerequisite: ECN 513 or instructor approval.

ECN 598 Special Topics. (3) N
Advanced topics in economics. Consult Schedule of Classes for offerings. Prerequisite: instructor approval.

Omnibus Graduate Courses: See omnibus graduate courses that may be offered.

1996–98 Graduate Catalog Table of Contents

Page Last Updated:
webmaster@asu.edu
ASU Disclaimer

Visits to this page: page counter