2023-2024 University Catalog 
    
    Jun 19, 2024  
2023-2024 University Catalog

ECON 360 - Applied Economic Theory


The goal of this course is to illustrate to students the role that economic theory can play in understanding current events and important policy debates. Students use relevant theoretical concepts learned in both   and  , and reviewed in this course, to further their understanding of, and to help them to form opinions on, some important contemporary issues and economic debates. Examples of covered topics might include the proposal to privatize Social Security, differing unemployment rates in the United States and Europe, evaluating welfare reform, the increase in the incidence of personal bankruptcy, the IMF’s role in stabilizing the international financial system, the government’s role in providing public education, and the causes of growing U.S. wage inequality. Theoretical concepts that might be utilized include information theory, overlapping generations models, growth models, game theory, and theories of market failure.

Credits: 1.00
Corequisite: None
Prerequisites:   and   
Major/Minor Restrictions: Only Economics, Environmental Economics, Mathematical Economics majors and minors
Class Restriction: None
Area of Inquiry: Social Relations,Inst.& Agents
Core Component: None


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